Kusumgar, a leading manufacturer of engineered synthetic fabrics, will launch its Rs 650-crore initial public offering (IPO) on July 8, offering investors an opportunity to invest in a company that caters to sectors ranging from aerospace and defence to automotive and outdoor performance gear.
The anchor investor portion will be available for subscription on July 7, while the public issue will remain open from July 8 to July 10. The basis of allotment is expected to be finalised on July 13, with the company's shares likely to debut on the stock exchanges on July 15.
