New Delhi, July 8 -- The Kusumgar IPO subscription opens on Wednesday, 8 July, and will close on Friday, 10 July. Ahead of the public issue, the manufacturer of woven, coated and laminated synthetic fabrics, also known as engineered fabrics, raised Rs.193.9 crore from anchor investors.

The company informed the stock exchanges that it allotted 46,28,877 equity shares to anchor investors at Rs.419 per share.

The anchor book saw participation from several marquee investors, including BlackRock Global Funds - India Fund, Goldman Sachs Funds - Goldman Sachs India Equity Portfolio, and Kotak Mahindra Life Insurance Company, among others.

The Kusumgar IPO lot size has been fixed at 35 equity shares, and applications can be made in multiples o...