MediumPositive
Announced Mon, 13 Jul · 11:16 IST
Kusumgar IPO allotment to be finalised today. Here's GMP, how to check status
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Kusumgar IPO allotment is set to be finalised on July 13, 2026, with shares to be credited on July 14 and listing on July 15. The public issue attracted an overall subscription of 128.85 times, with QIB portion subscribed 284.10 times and retail at 26.47 times. Grey market premium stands at around Rs 160 per share, suggesting an estimated listing price near Rs 579 and a potential listing gain of about 38.19 percent. The Rs 650 crore issue is a pure Offer for Sale, with the company not receiving any proceeds.