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Kusumgar IPO Day 3: GMP soars 38%, Rs 650-crore issue attracts strong investor demand
Kusumgar's Rs 650-crore initial public offering is nearing its closing day with robust investor participation. The stock currently commands a significant grey market premium, indicating strong investor sentiment. Non-Institutional Investors led the subscription, followed by retail and QIB segments. The company specializes in engineered synthetic fabrics for demanding industrial applications. Share allotment is expected on July 13, 2026, with listing on July 15, 2026.
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3 prospettive sulla stessa storiaTimeline cronologica
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economictimes.indiatimes.com
Kusumgar's Rs 650-crore IPO opens today; grey market points to nearly 40% listing gain
The IPO has generated significant excitement in the grey market, where it is currently trading at a Grey Market Premium (GMP) of about Rs 166 per share. At this level, the stock…
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thehindubusinessline.com
Kusumgar IPO opens today at ₹398-419 price band
Kusumgar IPO opens today at ₹398-419, aiming to raise ₹650 crore with strong backing from anchor investors.
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newsbytesapp.com
Kusumgar IPO fully subscribed within hours, GMP nears 40%
Kusumgar Limited's Rs 650-crore IPO was fully subscribed within two hours of opening on July 8, driven by strong interest from non-institutional and retail investors.
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Kusumgar IPO Day 2: GMP at 38%, Rs 650-crore issue sees strong investor interest
The IPO received a solid response on Day 1, with the issue subscribed 3.45 times against the 1.14 crore shares on offer. The retail investor portion was subscribed 3.52 times,…
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Kusumgar IPO crosses 12x subscription on Day 2, NII category leads at 36x
Kusumgar IPO sees 12.85x subscription on Day 2, led by NII category at 36.10x, amid strong investor interest.
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Kusumgar IPO Day 3: GMP soars 38%, Rs 650-crore issue attracts strong investor demand
Kusumgar's Rs 650-crore initial public offering is nearing its closing day with robust investor participation. The stock currently commands a significant grey market premium,…
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Kusumgar IPO stays hot with 38% GMP on final day
Kusumgar's Rs 650-crore IPO sees strong investor demand, with a 38% surge in grey market premium as the subscription nears its final day.
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IPO GMP buzz: Kusumgar leads with 39% GMP; SBI Funds Management, Laser Power also attract strong interest
The IPO market shows strong investor interest with high grey market premiums. Kusumgar IPO leads with a nearly 39% estimated listing gain. SBI Funds Management IPO also attracts…
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Kusumgar IPO: Subscribed 128.85 times on final day led by QIBs
Kusumgar IPO sees 128.85 times subscription, driven by strong demand from Qualified Institutional Buyers on its final bidding day.