New Delhi, July 10 -- The initial public offering (IPO) of Kusumgar Limited, which was fully subscribed on the first day of bidding, continued to attract strong investor demand on the final day, with the issue being oversubscribed by more than 135 times.

All investor categories witnessed robust participation. The NII portion was oversubscribed 174 times, while the QIB segment was subscribed 299 times. The retail portion also saw strong demand, with subscriptions reaching 28 times.

Overall, the issue received bids for 147 crore shares against 1.08 crore shares on offer, translating into an overall subscription of 135.80 times.

The Kusumgar IPO is entirely an Offer for Sale (OFS) of 1.55 crore equity shares, aggregating up to Rs.650 cror...