MediumPositive
Announced Mon, 13 Jul · 08:52 IST

Kusumgar IPO allotment likely today; GMP at 38%. Here’s how to check your status

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Kusumgar IPO, which closed on July 10, 2026, was subscribed 128.85 times overall, with QIBs leading at 284.10 times subscription and NIIs and retail investors at 165.46 times and 26.47 times respectively. The Rs 650 crore offer, entirely an Offer for Sale, was priced at Rs 398 to Rs 419 per share, and grey market premium stands at 38% (around Rs 160), implying an estimated listing price of about Rs 579. Allotment is expected today, with shares set to list on NSE and BSE on July 15, 2026.