Kusumgar Limited has fixed the price band for its initial public offering at ₹398 to ₹419 per equity share, setting the stage for its debut on Indian stock exchanges.
The subscription window is scheduled to open on Wednesday, July 8, and will remain open through Friday, July 10.
The issue structure allocates 50% of the shares to Qualified Institutional Buyers (QIBs), 15% to Non-Institutional Investors (NIIs), and 35% to retail investors.
The company plans to list the shares on July 15.
The issue structure allocates 50% of the shares to Qualified Institutional Buyers (QIBs), 15% to Non-Institutional Investors (NIIs), and 35% to retail investors.
Employee shares are being offered at a discount to the public issue price.
The face value of each equity share is Re 1.