Branch² Intelligence
IPO GMP buzz: Kusumgar leads with 39% GMP; SBI Funds Management, Laser Power also attract strong interest
Key takeaway
Kusumgar IPO sees 39% grey market premium, indicating strong demand.
- Step 1Strong grey market premiums (39% for Kusumgar) indicate high demand for IPOs.
- Step 2Successful listings attract more retail and institutional capital to primary markets, increasing overall market liquidity.
- Step 3Improved liquidity and sentiment lower the cost of equity for other companies planning IPOs, including SMEs.
Source: IN:Economic Times
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