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Kusumgar IPO Subscribed 128.85 Times; Allotment Expected July 13

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Kusumgar IPO Subscribed 128.85 Times; Allotment Expected July 13

Analysed 13 Jul 2026·4 sources analysed·Gujarat, India·Business
Kusumgar IPO Subscribed 128.85 Times; Allotment Expected July 13PreviousNext

Kusumgar Ltd's initial public offering (IPO) closed on July 10, 2026, with a strong subscription of 128.85 times, receiving bids for over 147 crore shares against 1.14 crore offered. The Rs 650 crore IPO was a complete offer for sale by existing promoters, with no fresh capital raised. Qualified Institutional Buyers led demand, subscribing 284.10 times, followed by non-institutional and retail investors. Share allotment is expected on July 13, with shares set to debut on exchanges on July 15. Investors can check allotment status online, while the grey market premium indicates positive listing sentiment.

TBN's observations

First-hand measurement across 3 sources

We measured how 3 outlets covered this story. Coverage leans balanced overall (Left 0%, Centre 100%, Right 0%). Overall sentiment is positive (72/100). Lens Score 33/100 — low public interest.

Outlets analysed (first-hand measurement by TBN's Bias Engine):

  • mint— balanced framing, positive sentiment
  • businessstandard— balanced framing, positive sentiment
  • economictimes— balanced framing, positive sentiment
Political Bias
0%100%0%
Sentiment
72%
AI analysis of 3 sources · Published under editorial oversight by The Balanced News
Analysed 13 Jul 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Political bias across 4 sources
● Left 0%● Center 100%● Right 0%

The article group presents a straightforward financial event without political framing. Coverage focuses on investor response, subscription details, and procedural information, reflecting business and market perspectives. There is no evident political viewpoint or partisan interpretation, as the sources emphasize factual reporting on the IPO process and market sentiment.

Sentiment — Positive (72/100)

The overall tone across the articles is positive, highlighting strong investor interest and high subscription rates. The mention of a robust grey market premium suggests optimistic market expectations. The coverage remains factual and neutral, avoiding hype while acknowledging the IPO's successful reception and anticipated listing.

How 3 sources covered this story

Each source's own headline, political lean, and sentiment — so you can see framing differences at a glance.

Reviewed byMrunal Wange· Business & Economy Editor· Edited byOjas Kale
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SourceTheir headlineBiasSentiment
mintKusumgar IPO allotment to be finalised today. Here's GMP, how to check status Stock Market NewsCenterPositive
businessstandardKusumgar IPO ends with 128.85 times subscriptionCenterPositive
economictimesKusumgar IPO allotment likely today; GMP at 38 . Here's how to check your statusCenterPositive

Coverage timeline

economictimes broke this story on 13 Jul, 03:33 am. Other outlets followed.

  1. 1
    economictimes13 Jul, 03:33 am
    Kusumgar IPO allotment likely today; GMP at 38 . Here's how to check your status
  2. 2
    businessstandard13 Jul, 04:52 am
    Kusumgar IPO ends with 128.85 times subscription
  3. 3
    mint13 Jul, 05:47 am
    Kusumgar IPO allotment to be finalised today. Here's GMP, how to check status Stock Market News

Lens Score breakdown

33/100
Public interest0/100
Coverage gap100%

Well-covered story — coverage matches public importance.

Who's involved

Institutions and figures named across source coverage.

Corporate
Axis Capital LimitedIIFL Capital Services LimitedBigshare Services Private LimitedKusumgarMotilal Oswal Investment Advisors Limited

Story context

Category
Business
Location
Gujarat, India
Sources analysed
4
Last analysed
13 Jul 2026
Key entities
Initial public offeringIndian rupeeCroreTextileShareholderHungarian forintNet incomeVertical integrationWeavingGujaratUttar PradeshNational Stock Exchange of India