Kusumgar IPO
Kusumgar IPO
Overview
Kusumgar IPO is a book build issue of ₹650.00 crores. The issue is entirely an offer for sale of ₹650.00 crore. Kusumgar IPO opens for subscription on Jul 8, 2026 and closes on Jul 10, 2026. The allotment for the Kusumgar IPO is expected to be finalized on Jul 13, 2026. Kusumgar IPO will list on NSE and BSE with a tentative listing date fixed as Jul 15, 2026. Kusumgar IPO is set issue price band at [.] to [.] per share. Axis Capital Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Total Shares
1,55,13,126
Issue Size
₹650 Cr
Price Band
₹398 – ₹419
Lot Size
35 shares
Min. Investment
₹14,665
Max. Investment
₹1,90,645
Open Date
08 Jul, 2026
Close Date
10 Jul, 2026
Allotment
13 Jul, 2026
Listing
15 Jul, 2026
Max. Investment
₹1,90,645
Announced
08 Jul, 2026
Opening Date
08 Jul, 2026
Closing Date
10 Jul, 2026
Basis of Allotment
13 Jul, 2026
Initiation of Refunds
14 Jul, 2026
Credit of Shares
14 Jul, 2026
Listing Date
15 Jul, 2026
Live GMP
Est. Listing: ₹584
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About Kusumgar IPO
Incorporated in 1990, Kusumgar Ltd is a manufacturer of woven, coated, and laminated synthetic fabrics known as engineered fabrics. Its products are based mainly on polyamide and polyester filaments, using polyurethane chemistry.
As of March 31, 2026, it has developed over 1,000 unique fabric types (SKUs), building a strong position in the synthetic functional and performance fabric space. Its products serve a wide range of industries, including aerospace and defence, industrial and aut
Kusumgar IPO Share Price
Issue Breakdown
Shareholding
Dilution: 0.0% increase in shares
Kusumgar IPO Financial Health
Kusumgar IPO Lot Size
Investors can bid for a minimum of 35 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 35 | ₹14,665 |
| Retail (Max) | 13 | 455 | ₹1,90,645 |
| S-HNI (Min) | 14 | 490 | ₹2,05,310 |
| S-HNI (Max) | 68 | 2380 | ₹9,97,220 |
| B-HNI (Min) | 69 | 2415 | ₹10,11,885 |
(All values in CR)
Kusumgar IPO Valuations
| Metric | Value |
|---|---|
| ROE | 25.82 |
| ROCE | 24.76 |
| Debt/Equity | 0.44 |
| RoNW | 25.82 |
| PAT Margin | 13.80 |
| EBITDA Margin | 27.15 |
(All values in CR)
Kusumgar IPO Strength & Risk
Kusumgar IPO Strengths
- Strong presence in the technical textiles industry with diversified applications across aerospace, defence, industrial, automotive and outdoor segments.
- Vertically integrated manufacturing model with in-house research, development and production capabilities.
- Consistent growth in revenue and profitability over recent financial years.
- Healthy operating margins and strong return ratios.
- Long-standing relationships with customers in high-entry-barrier industries.
- Focus on innovation and development of specialized, high-performance textile products.
- Experienced management team with an established industry track record.
- Presence in export markets, providing geographical revenue diversification.
Kusumgar IPO Risks
- Entire IPO is an Offer for Sale (OFS), with no fresh capital being raised by the company.
- Dependence on a limited number of key customers for a significant portion of revenue.
- Exposure to fluctuations in raw material prices and supply chain disruptions.
- Manufacturing facilities are concentrated in Gujarat, increasing geographic concentration risk.
- Export business is vulnerable to currency fluctuations and changes in global trade policies.
- Intense competition from domestic and international technical textile manufacturers.
- Continuous investment in technology and product innovation is required to remain competitive.
- Business performance may be affected by slowdown in end-user industries such as aerospace, defence and industrial manufacturing.
Kusumgar IPO Subscriptions Status
Kusumgar IPO subscribed 135.80 times. The public issue subscribed 27.97 times in the retail category, 299.51 times in QIB (Ex Anchor), and 174.28 times in the NII category by July 10, 2026 6:54:43 PM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 46,28,877 | 46,28,877 | 193.95 |
| QIB (Ex Anchor) | 299.51 | 30,81,634 | 92,29,68,200 | 38 |
| NII | 174.28 | 23,13,153 | 40,31,46,275 | 16 |
| bNII (> ₹10L) | 189.40 | 15,42,102 | 29,20,78,395 | 12 |
| sNII (< ₹10L) | 144.05 | 7,71,051 | 11,10,67,880 | 4 |
| Retail | 27.97 | 53,97,357 | 15,09,49,365 | 6 |
| Employees | 11.09 | 92,105 | 10,21,580 | 42.8 |
| Total | 135.80 | 1,08,84,249 | 1,47,80,85,420 | 61 |
Kusumgar IPO GMP
Kusumgar IPO last GMP is ₹165, last updated Jul 10th 2026 06:32 PM. With the upper price band of ₹419.00, Kusumgar IPO's estimated listing price is ₹584 (cap price + today's GMP). The expected percentage gain/loss per share is 39.38%. >> Kusumgar IPO Retail Subject to Sauda: ₹4400 >> Kusumgar IPO Small HNI Subject to Sauda: ₹61600
Last updated 10 Jul, 2026 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 10 Jul, 2026 | 419 | ₹165▲ | - | ₹584 (39.38%) | 5775 | 10 Jul, 2026 |
| 09 Jul, 2026 | 419 | ₹158▼ | - | ₹577 (37.71%) | 5530 | 09 Jul, 2026 |
| 08 Jul, 2026 | 419 | ₹160▼ | - | ₹579 (38.19%) | 5600 | 08 Jul, 2026 |
| 07 Jul, 2026 | 419 | ₹168▲ | - | ₹587 (40.10%) | 5880 | 07 Jul, 2026 |
| 06 Jul, 2026 | 419 | ₹166▼ | - | ₹585 (39.62%) | 5810 | 06 Jul, 2026 |
| 05 Jul, 2026 | 419 | ₹171▲ | - | ₹590 (40.81%) | 5985 | 05 Jul, 2026 |
| 04 Jul, 2026 | 419 | ₹165▲ | - | ₹584 (39.38%) | 5775 | 04 Jul, 2026 |
| 03 Jul, 2026 | 419 | ₹140▲ | - | ₹559 (33.41%) | 4900 | 03 Jul, 2026 |
| 02 Jul, 2026 | 0 | ₹135 | - | ₹135 (0.00%) | - | 02 Jul, 2026 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Kusumgar IPO
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Go to IPO Section
Find Kusumgar IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Provide your UPI ID linked to your bank account and submit the application.
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Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.