New Delhi, Sept. 9 -- Shringar House of Mangalsutra has raised Rs.120.18 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 lakh equity shares at Rs.165 per share to anchor investors.

Some of the marquee institutions that participated in the anchor include Kotak Mahindra Life Insurance Company Limited, Maybank Securities Pte Ltd - ODI, Societe Generale - ODI, AIDOS India Fund Limited, Nav Capital VCC, and Founders Collective Fund.

Out of the total allocation of 72.84 lakh equity shares to the anchor investors, none were allocated to domestic mutual funds, as per the exchange filing.

Choice Capital Advisors Private ...