Mumbai, Sept. 15 -- The initial public offer of Shringar House of Mangalsutra received bids for 1,02,59,15,670 shares as against 1,70,16,000 shares on offer. The issue was subscribed 60.29 times.

The Qualified Institutional Buyers (QIBs) category was subscribed 101.41 times. The Retail Individual Investors (RIIs) category was subscribed 82.58 times. The Non-Institutional Investors (NIIs) category was subscribed 27.22 times.

The issue opened for bidding on 10 September 2025 and it closed on 12 September 2025. The price band of the IPO is fixed between Rs 155 and 165 per share.

The IPO comprised a complete fresh issue of equity shares, aggregating up to Rs 400.95 crore. The objectives for the fresh issue include Rs 280 crore for funding ...