Kusumgar’s ₹650 crore initial public offering is moving into the allotment and listing phase after attracting strong investor demand. Multiple reports say the IPO receives very high subscription, with the bidding reported at about 128 times. As allotment outcomes are processed, investors are directed to check their IPO allotment status through the relevant channels provided for IPO applicants. The focus is also shifting to the grey market, where participants track the latest grey market premium (GMP) ahead of the company’s stock market debut. The GMP signals how traders price the IPO shares before formal listing, and it is closely watched by prospective allottees and market participants. Overall, the coverage highlights the transition from subscription and bidding to allotment verification and pre-listing trading indicators, including the expected listing timing. Investors are encouraged to verify their allotment using official allotment-status mechanisms and to review grey market updates for the latest pre-listing pricing signals.