India’s primary market gears up for a busy week as Kusumgar Limited and Laser Power & Infra Ltd prepare to launch their initial public offerings, collectively raising over ₹1,392 crore alongside smaller SME issues.
Kusumgar has set its price band at ₹398 to ₹419 per equity share, with the subscription window scheduled to open on Wednesday.
The company’s debut on Indian stock exchanges marks a significant entry for the firm, aiming to tap into retail and institutional demand for mid-cap opportunities.
Meanwhile, Laser Power & Infra, a Kolkata-based manufacturer of power cables and conductors, confirmed its IPO will open on July 9.
The infrastructure-focused issuer joins a growing list of companies seeking public market access amid ongoing sectoral interest in power and industrial infrastructure.
The mainboard activity is complemented by SME listings, including Happy Steels and Devson Catalyst, which are also set to open subscriptions next week.