Branch2 Intelligence
IPO Calendar: Mainboard IPO of Kusumgar among 3 new public offers on investors radar next week
Key takeaway
Kusumgar's ₹650 crore IPO opens July 8 with 33% grey market premium.
- Step 11st-order: Kusumgar IPO opens with ₹650 crore offer and 33% grey market premium.
- Step 22nd-order: High demand leads to strong listing gains, boosting investor sentiment for textile/industrial IPOs.
- Step 33rd-order: Successful fundraising enables Kusumgar to expand capacity, potentially increasing market share and competitive pressure on peers.
Source: Economic Times (Markets)
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