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Kusumgar IPO: Issue booked 136 times on Day 03; NII, QIB portions see huge demand, GMP signals 39% premium

mint - markets · 5h ago · 🇮🇳 India
Kusumgar IPO: Issue booked 136 times on Day 03; NII, QIB portions see huge demand, GMP signals 39% premium

Kusumgar Limited's IPO was oversubscribed by 136 times, with strong demand from all investor categories. The offer, comprising 1.55 crore equity shares, aims to enhance brand visibility without proceeds going to the company. Listing is expected on July 15, with a grey market premium of ₹163.

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