Kusumgar IPO Listing, July 15 -- Kusumgar share price made a muted debut in the Indian stock market today, July 15, as it got listed at Rs.569 apiece on NSE, a premium of 35.80% over its initial public offering (IPO) price of Rs.419. Meanwhile, on BSE, it debut at Rs.574, a rally of 37% from issue price.

The listing met Street expectations, as seen from the grey market premium (GMP). Kusumgar IPO GMP stood at Rs.161 per share, which indicated a likely listing price of Rs.580 - a premium of just 38.42% to offer price.

Kusumgar IPO witnessed strong demand in 3 days of bidding subscribed 135.80 times in total.

The Retail Individual Investors (RIIs) segment was booked 27.97 times, while the Non Institutional Investors (NII) category was su...