The $^{152}\mathrm{Sm}(n, \ensuremath{\gamma})^{153}\mathrm{Sm}$ spectrum was measured with the Argonne bent-crystal spectrometer and with a Ge(Li) detector at the in-pile facility at the Argonne CP-5 research reactor. The low-energy bent-crystal spectrum consisted of 251 $\ensuremath{\gamma}$ transitions associated with thermal-neutron capture in $^{152}\mathrm{Sm}$, with energies between 28 and 1041 keV. The $\ensuremath{\gamma}$-ray intensities were normalized to the previously established intensity of the 103-keV line in $^{153}\mathrm{Eu}$ from the $\ensuremath{\beta}$ decay of $^{153}\mathrm{Sm}$. The energies and intensities of 24 other lines associated with this $\ensuremath{\beta}$ decay are also given. The high-energy ($n, \ensuremath{\gamma}$) spectrum, containing 23 lines between 4.5 and 5.9 MeV, was obtained with a Ge(Li) detector. The neutron binding energy of $^{153}\mathrm{Sm}$ was found to be 5869.3\ifmmode\pm\else\textpm\fi{}2.0 keV. The conversion-electron spectrum, measured with the high-resolution magnetic spectrometer at Munich, was used to obtain $K$ and $L$ conversion coefficients and corresponding multipole assignments for 37 of the low-energy $\ensuremath{\gamma}$ transitions. The $\ensuremath{\gamma}$ spectrum in $^{153}\mathrm{Sm}$ following $\ensuremath{\beta}$ decay of $^{153}\mathrm{Pm}$ was measured with Ge(Li) and Si(Li) detectors. The source was made at Darmstadt through the $^{154}\mathrm{Sm}(\ensuremath{\gamma}, p)^{153}\mathrm{Pm}$ reaction. The ($n, \ensuremath{\gamma}$), ($n, {e}^{\ensuremath{-}}$), and $\ensuremath{\beta}$-decay experiments were combined to develop the level scheme of $^{153}\mathrm{Sm}$, in which unique spin and parity assignments are made for 13 of the 28 levels below 750 keV. The energy (keV) and ${J}^{\ensuremath{\pi}}$ of the first 28 levels are: 0.000, ${\frac{3}{2}}^{+}$; 7.535, ${\frac{5}{2}}^{+}$; 35.843, ${\frac{3}{2}}^{\ensuremath{-}}$; 53.533, ${\frac{7}{2}}^{+}$ or (${\frac{5}{2}}^{+}$); 65.475, ${\frac{9}{2}}^{+}$ or ${\frac{7}{2}}^{+}$ or ${\frac{5}{2}}^{+}$; 90.874, ${\frac{5}{2}}^{\ensuremath{-}}$; 112.954, ${\frac{9}{2}}^{+}$ or ${\frac{7}{2}}^{\ifmmode\pm\else\textpm\fi{}}$ or ${\frac{5}{2}}^{\ifmmode\pm\else\textpm\fi{}}$; 127.298, ${\frac{3}{2}}^{\ensuremath{-}}$; 174.17, ${\frac{7}{2}}^{\ensuremath{-}}$; 182.90, ${\frac{5}{2}}^{\ensuremath{-}}$; (194.65), ${\frac{5}{2}}^{\ifmmode\pm\else\textpm\fi{}}$ or ${\frac{7}{2}}^{+}$; 262.33, ${\frac{7}{2}}^{+}$ or (${\frac{5}{2}}^{+}$); (265.93), ${\frac{7}{2}}^{\ensuremath{-}}$ or (${\frac{5}{2}}^{\ifmmode\pm\else\textpm\fi{}}$); 276.71, ${\frac{3}{2}}^{+}$; 321.11, ${\frac{3}{2}}^{+}$; 356.69, ${\frac{5}{2}}^{+}$; 362.29, ${\frac{5}{2}}^{+}$; (371.04), $\frac{9}{2}$ or $\frac{7}{2}$; 405.46, ${\frac{3}{2}}^{\ensuremath{-}}$; 414.91, ${\mathrm{\textonehalf{}}}^{+}$ or ${\frac{3}{2}}^{+}$; 447.07, $\frac{5}{2}$ or $\frac{7}{2}$; 450.04, $\frac{5}{2}$ or $\frac{7}{2}$; 481.08, ${\frac{3}{2}}^{+}$; 524.36, $\frac{5}{2}$; 630.20, ${\frac{3}{2}}^{(\ensuremath{-})}$; 695.83, ${\mathrm{\textonehalf{}}}^{(+)}$ or ${\frac{3}{2}}^{(+)}$; 734.90, $\frac{5}{2}$; and 750.32, \textonehalf{} or $\frac{3}{2}$. The parentheses around a level energy or spin assignment mean that this value is less well established or is less probable if there is a choice. Of special interest is the very low-energy (7.53 keV) first excited state with ${J}^{\ensuremath{\pi}}={\frac{5}{2}}^{+}$, which appears to be the second member of the strongly distorted ground-state rotational band. A good match between the theoretical predictions of the Nilsson model and the observed $\ensuremath{\gamma}$-ray branching ratio was obtained when nine of the eleven levels below 200 keV were assigned to a positive-parity, $K=\frac{3}{2}$, ground-state rotational band and two negative-parity, $K=\frac{3}{2}$, rotational bands with band heads at 35.84 and 127.30 keV.