Kusumgar shares debuted on the NSE at ₹569 each on July 15, marking a 35.8% premium over its IPO price of ₹419. On the BSE, the stock listed at ₹574, a 37% increase from the issue price. The IPO was an Offer for Sale of 1.55 crore shares and saw strong demand, being subscribed 135.8 times, according to livemint.com.
The listing performance aligned with expectations set by the grey market premium (GMP), which stood at ₹161 per share ahead of the debut. This GMP indicated a positive market sentiment and suggested a strong listing day for Kusumgar. The IPO was fully subscribed, reflecting investor confidence in the company’s prospects, as reported by livemint.com.
Kusumgar’s listing is notable given the high subscription rate and premium listing price, which underscores robust investor appetite in the current market. Compared to recent IPOs, such a strong debut highlights the company’s appeal and the effectiveness of its Offer for Sale strategy. The premium listing price also suggests positive market conditions for similar upcoming offerings, per livemint.com.
Kusumgar’s shares are now actively traded on both NSE and BSE, with the initial listing price setting a benchmark for its market valuation. The company’s IPO subscription and listing premium provide a clear indicator of investor interest as of July 15, 2026, according to livemint.com.