The Rs. 650 crore Kusumgar IPO witnessed strong investor participation on its final day of bidding, supported by healthy demand across investor categories. The grey market premium also remained strong, indicating positive sentiment ahead of the expected listing.
Alpine Texworld has announced that its Rs. 126.25 crore IPO will open for subscription on July 14. The textile manufacturer plans to utilise the proceeds for capacity expansion, working capital requirements and general corporate purposes.
The upcoming SBI Funds Management IPO has generated significant interest among institutional and retail investors ahead of its opening next week. The issue is expected to be one of the largest IPOs of 2026, with a dedicated reservation for eligible SBI shareholders.
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