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Kusumgar Limited set to list on BSE and NSE on July 15, 2026 after ₹419 IPO; GMP at ₹161

Kusumgar Limited is scheduled to list on India’s BSE and NSE on July 15, 2026 (Wednesday). The IPO price was set at ₹419 per share, while the grey market premium (GMP) stands at ₹161, implying an expected listing price of ₹580, a 38.42% premium to the issue price. The IPO was subscribed 128.85 times overall, with strong oversubscription across QIB, NII and retail categories. The listing follows a pure offer for sale (OFS) that raised ₹650.36 crore.
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