New Delhi, Sept. 17 -- Shringar House of Mangalsutra IPO listing in focus: Shringar House of Mangalsutra made a healthy debut on Dalal Street today, September 17, as the stock listed with a 14.24% premium at Rs.188.50 apiece on the NSE, compared to the issue price of Rs.165. On the BSE, it opened 13.75% higher at Rs.187.70.

Following the decent listing, the stock edged higher, gaining 1.3% to hit the day's high of Rs.191 apiece, about 15.75% above the IPO price.

The issue, which opened between September 10 and 12, witnessed a strong response from all sections of investors, as it received bids for 103 crore shares against the offered 1.70 crore shares, resulting in a subscription of 60.31 times.

According to Master Capital Services, the...