Kusumgar IPO

Kusumgar IPO is listed on BSE and NSE, priced at ₹398–₹419 per share. The stock debuted at ₹569, delivering a listing gain of 35.8%. The IPO had a lot size of ₹35 shares and a minimum investment of ₹14,665.

Kusumgar Limited IPO

Mainboard Listed
₹14,665 (35 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jul 8, 2026 – Jul 10, 2026
Price band
₹398-419 per equity share
Minimum Investment
₹14,665
Issue size
₹650 Cr
Lot size
35
Allotment Date
Jul 13, 2026
Listing
Jul 15, 2026
Listing At
BSE, NSE

IPO timeline

  1. Jul 8, 2026

    Open Date

    Completed

  2. Jul 10, 2026

    Close Date

    Completed

  3. Jul 13, 2026

    Allotment Date

    Completed

  4. Jul 15, 2026

    Listing Date

    Completed

Price Summary

View GMP trend
Last closing
600.00 (43.2%)
52 week high
659.50
52 week low
548.00
Last update

Unofficial pre-listing indicator

Kusumgar IPO Final GMP Before Listing: ₹154

Kusumgar IPO GMP history

Kusumgar IPO's final recorded GMP before listing was ₹154 per share (a 37% premium over the ₹419 upper price band). The shares listed at ₹569. GMP is unofficial and does not forecast or guarantee the actual listing price.

Final GMP
₹154
GMP percentage
37%
Upper price band
₹419
Listing price
₹569

During the recorded period, Kusumgar IPO GMP ranged from ₹30 to ₹165.

Kusumgar IPO GMP trend (day-wise) 75 observations
Day-wise recorded GMP observations for Kusumgar IPO
Date & time GMP Change GMP % Indicative price
₹154 ₹0 37% ₹573
₹154 +₹4 37% ₹573
₹150 ₹0 36% ₹569
₹150 ₹0 36% ₹569
₹150 −₹5 36% ₹569
₹155 ₹0 37% ₹574
₹155 +₹1 37% ₹574
₹154 ₹0 37% ₹573
₹154 −₹1 37% ₹573
₹155 −₹3 37% ₹574

Kusumgar IPO Subscription Details

View Subscription Details
Qualified Institutional Buyers (QIBs) 299.51x
Retail Individual Investors (RIIs) 27.88x
Non-Institutional Investors (NIIs) 174.28x
bHNI (>10 Lakhs) 189.40x
sHNI (2-10 Lakhs) 144.04x
Retail 27.88x
Employee 11.09x
Total 135.76x

Kusumgar IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

Kusumgar IPO Essentials

Kusumgar IPO Details

Kusumgar IPO is priced at ₹398-419 per share with a total issue size of 650 crore. The IPO has a lot size of 35 shares and is listed on BSE and NSE.

Issue price
₹398-419 per equity share
Lot size
35 shares
Face value
₹1 Per Equity Share
Issue size
₹650 Crores
Total issue size
1,55,13,126 shares
(aggregating up to ₹650 crore)
Offer for sale (OFS)
1,55,13,126 shares
(aggregating up to ₹650 crore)
Retail Portion
35%
Listing at
BSE, NSE
List price
569.0(NSE)
Listing date
Registrar
Bigshare Services Pvt.Ltd.
Lead manager
Axis Capital Ltd, IIFL Capital Services Ltd, Motilal Oswal Investment Advisors Ltd

Market Lot Size

Investors can bid for a minimum of 35 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 35 ₹14,665
Retail(max) 13 455 ₹1,90,645
sHNI(min) 14 490 ₹2,05,310
sHNI(max) 68 2,380 ₹9,97,220
bHNI(min) 69 2,415 ₹10,11,885

Kusumgar IPO Documents

Kusumgar IPO Reservation

Kusumgar IPO reservation details show category-wise allocation of shares. Out of the total 15513126 shares, approximately 19.98% are reserved for QIB, 14.92% for NII, 34.82% for retail investors, 0.59% for employees, and 30.02% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 4628877 (30.02%)
QIB Shares Offered 3081634 (19.98%)
NII (HNI) Shares Offered 2313153 (14.92%)
bHNI > ₹10L 1542102 (10.01%) 3147
sHNI < ₹10L 771051 (5%) 1574
Retail Shares Offered 5397357 (34.82%) 1,54,210
Employee Shares Offered 92105 (0.59%)
Total Shares Offered 15513126 (100%)

Kusumgar IPO Analytics

Kusumgar IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Kusumgar IPO Subscription Status

Kusumgar IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 135.76x, indicating strong demand across investor categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 30,81,634
23,13,153
15,42,102
7,71,051
53,97,357 1,08,84,249
Day 1 08-07-26 05:00 PM
0.50 x
7.75x
6.79x
9.69x
3.73 x 3.65 x
Day 2 09-07-26 05:00 PM
2.30 x
38.62x
39.18x
37.51x
10.00 x 13.85 x
Day 3 10-07-26 05:00 PM
299.51 x
174.28x
189.40x
144.04x
27.88 x 135.76 x
Total No. of Applications
bHNI sHNI Retail
37,68,711 (Approx) 37.31x 136.74x 22.17x

Kusumgar Valuations

Earnings

EPS Pre IPO
₹9.35/-
EPS Post IPO
₹9.35/-
P/E Pre IPO
44.8
P/E Post IPO
44.8

Returns

ROE
25.82%
ROCE
24.76%
RoNW
25.82%
PAT Margin
13.80%

Fundamentals

Debt / Equity
0.44
Price / Book
8.45
Market Cap
₹4,399 Cr.

Data sourced from DRHP / RHP • For educational purposes only

Kusumgar Financials( In Crs.)

31-Mar-26 31-Mar-25 31-Mar-24
Assets 905.07 632.40 584.74
Revenue 711.78 790.21 474.55
Profit After Tax 98.20 111.99 84.40
Net Worth 502.95 257.75 140.36
Reserves & Surplus 491.05 247.60 138.37
Total Borrowing 223.58 246.50 76.53

Kusumgar Company & Offer Insights

About Kusumgar

Kusumgar Limited was incorporated in 1990 and operates as a manufacturer of woven, coated, and laminated synthetic fabrics known as engineered fabrics. Its products utilize polyamide and polyester filaments with polyurethane technology.
As at March 31, 2025, Kusumgar Ltd has more than 1,000 SKUs (Stock Keeping Units) of fabric types, thus creating an established footprint in the field of synthetic functional performance fabrics. The company's products find application in various industries such as aerospace and defense, industrial and automotive, and outdoor and lifestyle markets.
More recently, Kusumgar Ltd has extended its product portfolio into completed items for aerospace and military purposes, including parachute, stealth fabrics, and rapid deployment systems.
Manufacturing plant: Six manufacturing plants located in Gujarat, India, and one fabrication plant in Uttar Pradesh, India.
As at March 31, 2025, the company had a total work force of 1,712 employees, out of which 1,082 were permanent employees.

Kusumgar Promoter(s)

Yogesh Kantilal Kusumgar, Siddharth Yogesh Kusumgar, Sapna Siddharth Kusumgar, Siddharth Yogesh Kusumgar HUF are the company's promoters of Kusumgar.

Kusumgar IPO Issue Objectives

Carry out the Offer for Sale of [] Equity Shares of face value of Rs 1 each, aggregating up to Rs 650 Crores by the Promoter Selling Shareholders
Achieve the benefits of listing the Equity Shares on the Stock Exchanges

Kusumgar IPO - Anchor Investors

Kusumgar Limited finalised its anchor investor allocation on July 7, 2026, raising ₹193.95 crore from 23 institutional investors at an anchor price of ₹419 per share. The anchor book comprises 46,28,877 equity shares, reflecting broad institutional participation across domestic mutual funds, life insurance companies, and foreign portfolio investors. Domestic mutual funds received the dominant share of the anchor allocation, with 31,26,805 shares (67.55%) allocated to 9 funds across 18 schemes. Key domestic MF participants include Nippon India Mutual Fund across three schemes, SBI Mutual Fund, Whiteoak Capital, ICICI Prudential, Mirae Asset, Motilal Oswal, Bandhan, Tata, and Axis Mutual Fund. Foreign portfolio investors Blackrock Global Funds – India Fund and Goldman Sachs India Equity Portfolio each received 10.31% of the anchor portion. Life insurance companies Axis Max Life Insurance and Kotak Mahindra Life Insurance together received 6.67% of the anchor allocation.

Kusumgar IPO - Peers Comparison

P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Kusumgar Ltd N/A N/A 25.82% 692
Garware Technical 5.85 39.80 15.29% 1528
Arvind Ltd 3.35 32.72 10.91% 9303
Srf Ltd 5.73 43.77 13.76% 15786

Kusumgar IPO - Strengths and Risks

Kusumgar IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.

Strengths

Higher Entry Barriers: Works with highly engineered fabrics requiring high technical expertise, longer approval periods, customized solutions, and complex manufacturing techniques.
High Technical Expertise: Skilled in high performance man-made fabrics and related processes such as fine denier fabrics, Nylon 6 & Nylon 66 manufacturing, coating, laminating, and manufacturing.
Partnerships: Strong ties with government and international clients help gain technology, develop products, and generate repeat business.

Risks

Supply & Price Risk of Raw Materials: The company does not have any long-term agreements with suppliers. Any shortage of supply or rise in price level of raw materials would affect their operations and profitability.
Customers’ Changing Needs: The failure to adjust to changing customer needs and requirements would affect product demand and future growth.
Intellectual Property Risk: Intellectual property and technical knowledge forms the core strength of the company. Any breach of confidentiality could undermine its competitive advantage.

Contact Information

Contact Details

Kusumgar

+91 22 6112 510

cs@kusumgar.com

https://kusumgar.com

101, Manjushree, V.M. Road, Corner of N.S. Road No. 5, JVPD Scheme, Vile Parle (West), Mumbai, Maharashtra - 400056.

Registrar Contact Details

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/ipo_status.html

Frequently Asked Questions

Click any question to reveal the answer

Kusumgar IPO is a book-built IPO worth ₹650 crore. The price band is ₹398–₹419 per share. The IPO opens on Jul 8, 2026 and closes on Jul 10, 2026. It will be listed on BSE and NSE. Bigshare Services Pvt. Ltd. is the registrar.

The price band of Kusumgar IPO is ₹398 to ₹419 per share.

The lot size of Kusumgar IPO is 35 shares.

The minimum investment for Kusumgar IPO is approximately ₹14,665 based on the upper price band .

Kusumgar IPO opens on Jul 8, 2026 and closes on Jul 10, 2026.

The allotment date of Kusumgar IPO is Jul 13, 2026.

Kusumgar IPO is expected to be listed on Jul 15, 2026, on BSE and NSE .

Kusumgar IPO's final recorded GMP before listing was ₹154 per share (a 37% premium over the ₹419 upper price band). The shares listed at ₹569. GMP is unofficial and does not forecast or guarantee the actual listing price.

Kusumgar IPO listed on Jul 15, 2026. It was issued at ₹569.0(NSE) and is currently around ₹600.00 as on 14-Aug-2026 3:30 PM, which is approximately 43.2% versus issue price. The 52-week high is ₹659.50.

Based on listing and post-listing performance, Kusumgar IPO delivered around 43.2% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Kusumgar IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Kusumgar IPO valuation snapshot: P/E 44.8, EPS ₹9.35/-, P/B 8.45, RoNW 25.82%, and market cap ₹4,399 Cr.

To apply for Kusumgar IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Kusumgar IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Kusumgar IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Kusumgar IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Kusumgar IPO allotment status on IPO Ji for quick and easy access.