{"id":12248,"date":"2025-09-12T13:44:56","date_gmt":"2025-09-12T13:44:56","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/09\/12\/shringar-house-of-mangalsutra-vs-dev-accelerator-vs-urban-co-ipo-check-subscription-status-gmp-ipo-news-2\/"},"modified":"2025-09-12T13:44:56","modified_gmt":"2025-09-12T13:44:56","slug":"shringar-house-of-mangalsutra-vs-dev-accelerator-vs-urban-co-ipo-check-subscription-status-gmp-ipo-news-2","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/09\/12\/shringar-house-of-mangalsutra-vs-dev-accelerator-vs-urban-co-ipo-check-subscription-status-gmp-ipo-news-2\/","title":{"rendered":"Shringar House of Mangalsutra Vs Dev Accelerator Vs Urban Co IPO: Check Subscription Status & GMP | Ipo News"},"content":{"rendered":"


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The primary market sees three mainboard this week \u2014 Dev Accelerator, Shringar House of Mangalsutra, and Urban Company.<\/h2>\n
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Shringar House of Mangalsutra IPO Vs Dev Accelerator IPO Vs Urban Company IPO.<\/p>\n<\/figure>\n

Shringar House of Mangalsutra IPO Vs Dev Accelerator IPO Vs Urban Company IPO:<\/strong> The primary market saw three mainboard issues this week \u2014 Dev Accelerator, Shringar House of Mangalsutra, and Urban Company. The IPOs drew attention from retail investors due to their high subscriptions and strong grey market activity. Here are their subscription status and GMP on Day 3, the final day of bidding.<\/p>\n

The three-day IPOs closed today, September 12.<\/p>\n

Dev Accelerator IPO<\/strong><\/p>\n

Ahmedabad-based Dev Accelerator Ltd, a provider of flexible office spaces, has set a price band in the range of Rs 56 to Rs 61 per share. At the upper end, the company\u2019s valuation comes to around Rs 550 crore. The issue, which was opened for subscription on September 10, will be closed today, September 12, with the tentative listing date fixed for September 17, 2025.<\/p>\n

In the grey market, Dev Accelerator is quoting a premium of Rs 10 (or 16.4%) over its upper IPO price.<\/p>\n

On the final day of bidding, the issue received a 64x subscription, garnering bids for 84,14,01,990 shares as against the 1,31,47,075 shares on offer. The retail and NII participation stood at 164.89x and 87.97x, respectively. The QIB category was subscribed by 20.30x.<\/p>\n

Shringar House of Mangalsutra IPO<\/strong><\/p>\n

Mumbai-based jewellery firm Shringar House of Mangalsutra has comed out with its maiden issue at a price band of Rs 155-Rs 165 per share. The IPO will remain open for bidding from September 10 to 12, with listing also expected on September 17.<\/p>\n

The issue has attracted decent grey market interest, with its latest GMP at Rs 31. Based on this, the stock could list around Rs 196, implying an 18.8% premium.<\/p>\n

On the final day of bidding, the issue received an 60.31x subscription, garnering bids for 1,02,62,35,800 shares as against the 1,70,16,000 shares on offer. The retail and NII participation stood at 27.26x and 82.58x, respectively. The QIB category received a 101.41x subscription.<\/p>\n

Urban Company IPO<\/strong><\/p>\n

The week\u2019s biggest name is app-based services platform Urban Company. Backed by strong anchor investor participation, the company has already mobilised Rs 854 crore ahead of its public offer. The Rs 1,900-crore IPO is priced at Rs 98-Rs 103 per share, valuing the business at nearly Rs 14,790 crore. Subscriptions will run from September 10 to 12, and listing is slated for September 17.<\/p>\n

In the grey market, Urban Company is trading at a premium of Rs 39, suggesting a potential listing price of around Rs 142 per share \u2014 nearly 37.86% above the upper price band.<\/p>\n

On the final day of the three-day bidding, the issue received a 108.98x subscription, garnering bids for 11,06,88,64,130 shares as against the 10,15,65,534 shares on offer. The retail and NII participation stood at 41.49x and 77.82x, respectively. The QIB category was subscribed by 147.35x.<\/p>\n

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Mohammad Haris<\/a><\/p>\n

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More<\/span><\/p>\n<\/div>\n<\/div>\n

First Published:<\/span><\/p>\n
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September 12, 2025, 10:34 IST<\/p>\n<\/div>\n<\/div>\n

News<\/a> business<\/a> ipo<\/a> Shringar House of Mangalsutra Vs Dev Accelerator Vs Urban Co IPO: Check Subscription Status & GMP<\/span><\/div>\n
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Last Updated:September 12, 2025, 17:53 IST The primary market sees three mainboard this week \u2014 Dev Accelerator, Shringar House of Mangalsutra, and Urban Company. Shringar House of Mangalsutra IPO Vs Dev Accelerator IPO Vs Urban Company IPO. Shringar House of Mangalsutra IPO Vs Dev Accelerator IPO Vs Urban Company IPO: The primary market saw three…<\/p>\n","protected":false},"author":1,"featured_media":552,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-12248","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/12248","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=12248"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/12248\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/552"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=12248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=12248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=12248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}