Three widely tracked IPOs Shringar House of Mangalsutra, Dev Accelerator, and Urban Company open for subscription tomorrow and run through September 12, 2025. Here are the essentials investors need at a glance: dates, price band, lot size, structure, and a quick application checklist to complete bids confidently and on time.
Subscription window and schedule
- Open: Wednesday, September 10, 2025
- Close: Friday, September 12, 2025
- Allotment: Monday, September 15, 2025
- Refunds/Share credit: Tuesday, September 16, 2025
- Listing: Wednesday, September 17, 2025
These timelines are consistent across broker and media notices for all three issues.
Shringar House of Mangalsutra: Jewellery specialist IPO
- Price band: ₹155–₹165 per share; face value ₹10
- Issue size: ₹400.95 crore; 100% fresh issue of up to 2.43 crore shares
- Lot size: 90 shares; min retail outlay ₹14,850 at lower band
- Allocation: QIB up to 50%, NII 15%, Retail 35%
- Registrar/LM: MUFG Intime India; Choice Capital Advisors
A focused jewellery maker with marquee B2B clients opens its book from Sep 10–12; allotment likely Sep 15 and listing on Sep 17.
Dev Accelerator (DevX): Flexible workspace play
- Price band: ₹56–₹61 per share; face value ₹2
- Issue size: ₹143.35 crore; 100% fresh issue of 2.35 crore shares
- Lot size: 235 shares; min retail outlay ₹14,335 at upper band
- Allocation: QIB 75%, NII 15%, Retail 10% (with shareholder/employee reservations)
- Registrar/LM: KFin Technologies; Pantomath Capital Advisors
DevX provides coworking and managed office solutions; proceeds fund fit-outs and debt reduction. Timeline matches Sep 10–12 book, Sep 15 allotment, Sep 17 listing.
Urban Company (Urban Co.): Home and beauty services marketplace
- Price band: ₹98–₹103 per share; face value ₹1
- Issue size: ₹1,900 crore (Fresh ~₹472 cr + OFS ~₹1,428 cr)
- Lot size: 145 shares; min retail outlay ₹14,935 at the cap
- Allocation: QIB 75%, NII 15%, Retail 10%
- Registrar/LMs: MUFG Intime India; Kotak, Morgan Stanley, Goldman Sachs, JM Financial
India’s leading on-demand services platform opens Sep 10–12; allotment Sep 15; listing Sep 17 on BSE & NSE.
Quick application steps
- Apply via ASBA net-banking or UPI-enabled broker apps during Sep 10–12.
- Select the IPO, choose lots in multiples of the stated lot size, and bid at cut-off if unsure of price.
- Approve UPI mandates before the 5 PM deadline on Sep 12 to avoid timeouts.
- Track allotment on the registrar portals using PAN/Application/DP details on Sep 15.
GMP and subscription watch
Early coverage indicates active interest: Urban Company with a rising GMP into the window, and steady traction for Shringar House and DevX; treat GMP only as an unofficial, volatile sentiment signal. Monitor day-wise subscription on broker/exchange dashboards during the window.
Quick pre-bid checklist
- Ensure funds and UPI limit cover at least one lot for each IPO.
- Re-check PAN, DP ID, and bank details for accuracy.
- Decide the number of lots and allocation across the three issues to manage risk.
- Place bids early on Day 1 or Day 2 to handle any UPI or banking delays.
Bottom line: All three IPOs open together for a tight three-day window. Confirm price bands and lots, submit and approve mandates on time, and track allotment and listing as per the standard T+3 schedule.
Meta Description:
Three IPOs open for subscription Sep 10–12, 2025—Shringar House of Mangalsutra (₹155–₹165; 90 shares), Dev Accelerator (₹56–₹61; 235 shares), and Urban Company (₹98–₹103; 145 shares). See dates, lots, and how to apply in minutes.
Interesting to see three IPOs opening on the same day, especially with such different business models—jewellery, coworking, and services. The allocation structure really stands out too, with Dev Accelerator giving retail investors only 10%, which could make allotment tougher. Will be worth tracking how subscription demand plays out across these sectors.