MediumPositive
Announced Wed, 15 Jul · 06:15 IST

Kusumgar IPO listing date today. GMP, experts signal strong debut of shares on BSE, NSE

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Kusumgar Limited is set to list on BSE and NSE on July 15, 2026, after its IPO of 1.55 crore shares (entirely an offer for sale) raised about Rs 650.36 crore at a price band of Rs 398-419. The issue was subscribed 128.85 times overall, with QIBs bidding 284.10 times, NIIs 165.46 times, and retail investors 26.47 times. Grey market premium of around Rs 161 implies an estimated listing price of about Rs 580, a roughly 38% premium over the issue price, with analysts citing stable premium as a sign of broad-based demand.