Allotment Update: Shringar House of Mangalsutra IPO Allotment Today: Step-by-Step Guide to Check Status on NSE, BSE, MUFG Intime India

Mumbai | September 15

The Shringar House of Mangalsutra IPO allotment is expected to be completed later today. The public issue, open from September 10–12, was subscribed 60.29 times overall, with demand led by QIBs (101.41x), NIIs (82.58x), and retail investors (27.22x).

Refunds for non-allottees will be initiated on September 16, and shares will be credited to demat accounts by September 17, when the company debuts on NSE and BSE at 10 am.

How to Check Shringar House of Mangalsutra IPO Allotment Status

On NSE

Step 1: Visit NSE IPO Allotment Portal (https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids)
Step 2: Select ‘Equity & SME IPO bid details’
Step 3: From the list, choose Shringar House of Mangalsutra Ltd (symbol: SHRINGARMS)
Step 4: Enter PAN or application number
Step 5: Click Submit to view allotment status

On BSE

Step 1: Go to BSE Allotment Page (https://bseindia.com/investors/appli_check.aspx)
Step 2: Select ‘Equity’ under Issue Type
Step 3: Choose Shringar House of Mangalsutra Ltd from the dropdown
Step 4: Enter PAN or application number
Step 5: Verify captcha and press Search

On MUFG Intime India (Registrar)

Step 1: Visit MUFG Intime India IPO Portal (https://in.mpms.mufg.com/Initial_Offer/public-issues.html)
Step 2: Select Shringar House of Mangalsutra Ltd from the dropdown list
Step 3: Choose one option — PAN, DP/Client ID, or Application Number
Step 4: Enter details as required
Step 5: Click Submit to check status

Buzzing- Urban Company IPO allotment status: Check on BSE, NSE, MUFG Intime India

Shringar House of Mangalsutra IPO GMP Today

The grey market premium (GMP) for Shringar House of Mangalsutra IPO is quoted at around ₹31 per share, indicating a potential listing price of about ₹196, nearly 19% above the issue price. Some reports peg the shares at ₹186, reflecting a 13% premium. While GMP suggests strong debut expectations, actual listing performance will depend on overall market sentiment on September 17.

Outlook

With an overall subscription of over 60x, robust demand from QIBs, and steady grey market premiums, the Shringar House of Mangalsutra IPO is expected to list with gains on September 17. Investors awaiting allotment results can confirm their status online today, while refunds and share crediting will be completed by September 17.

Disclaimer: ‘Grey Market Premium’ (GMP) indicates investors’ willingness to pay more than the IPO issue price in the unregulated market. GMP data is unofficial, subject to volatility, and should not be the sole basis for investment decisions. Investors are advised to consider fundamentals and risk factors before investing.