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Kusumgar IPO: Issue booked 136 times on Day 03; NII, QIB portions see huge demand, GMP signals 39% premium

AI Summary
  • ·Kusumgar Limited's IPO was subscribed 136 times by the end of its offering period.
  • ·The Non-Institutional Investor (NII) and Qualified Institutional Buyer (QIB) portions of the IPO experienced significant demand.
  • ·The grey market premium (GMP) for Kusumgar Limited's IPO indicates a potential listing premium of 39%.
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