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Shringar House's Mangalsutra Initial Public Offering: What the Guideline Market Price Indicates Prior to the Launch

Investors have until September 12 to place bids for the Rs 400-crore IPO of Shringar House of Mangalsutra, which involves the sale of 2.43 crore new shares.

Shringar House's Mangalsutra IPO Signals: Insights Provided by GMP Ahead of Debut
Shringar House's Mangalsutra IPO Signals: Insights Provided by GMP Ahead of Debut

Shringar House's Mangalsutra Initial Public Offering: What the Guideline Market Price Indicates Prior to the Launch

The much-anticipated Initial Public Offering (IPO) of Shringar House of Mangalsutra is now open, and investors are eager to know whether they have been allotted shares. Here's a step-by-step guide on how to check your allotment status.

First, navigate to the MUFG Intime India registrar portal, which can be found at in.mpms.mufg.com/Initial_Offer/public-issues.html. Once there, select the name of the company, Shringar House of Mangalsutra, under the 'Select IPO' category.

Next, you'll need to enter your details. This includes your PAN (Permanent Account Number), application number, or DP/Client ID. After entering these details, click on the 'Submit' button. Please note that you'll also be required to enter a captcha for verification purposes.

Once you've submitted the form, your Shringar House of Mangalsutra IPO allotment status will be displayed on the screen.

Investors should note that the minimum retail investment for the Shringar House of Mangalsutra IPO is Rs 14,850, with each lot consisting of 90 shares.

It's worth mentioning that the grey market premium (GMP) for Shringar House of Mangalsutra IPO shares is reportedly Rs 25 apiece, although this is not reflected on the MUFG Intime India allotment page.

Unfortunately, the exact share listing date and subscription details for the Shringar House of Mangalsutra IPO are not available at this time. However, we will keep you updated as more information becomes available.

We hope this guide helps you in checking your Shringar House of Mangalsutra IPO allotment status. Happy investing!

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