The IPO of Kusumgar has received encouraging investor participation, with healthy demand from retail investors, non-institutional investors and qualified institutional buyers. The company manufactures engineered industrial fabrics used in sectors such as defence, infrastructure and industrial applications.
The strong response reflects investor confidence in businesses operating in niche manufacturing segments with long-term growth potential. Analysts believe the company’s diversified customer base and expanding product portfolio strengthen its future prospects.
While grey market activity remains positive, experts continue recommending that investors evaluate financial performance, valuation and earnings visibility before making investment decisions.
