Kusumgar shares list at up to 37% premium over IPO price on BSE, NSE

Kusumgar shares debuted on bourses with a substantial premium of up to thirty-seven percent. The initial public offering received an overwhelming investor response, subscribed over one hundred twenty-eight times. Qualified Institutional Buyers showed the strongest demand, subscribing their portion significantly. The company manufactures engineered synthetic fabrics for various industrial applications. Kusumgar reported steady financial growth and improved profitability in recent years.