Mumbai :  Shringar House of Mangalsutra Limited has garnered Rs 120.19 crore from anchor investors ahead of its initial public offering that opens for public subscription on September 10. The company informed the bourses that it allocated 72,84,000 equity shares at Rs 165 per share to anchor investors.

The marquee institutions that participated in the anchor include Kotak Mahindra Life Insurance, Maybank Securities, Societe Generale, Plutus Investment Trust, North Star Opportunities Fund, Founders Collective, Mint Focused Growth Fund, Aidos India Fund, Rajasthan Global Securities, Sunrise Investment Trust, Astrone Capital, Jalan Chemical Industries, Shine Star Build and NAV Capital.

Choice Capital Advisors Private Limited is the Sole book-running lead manager, and MUFG Intime India Private Limited is the registrar of the issue.