Kusumgar IPO
GMP, Subscription, Price, Dates & Financial Details
Textile
Founded in 1990, Kusumgar Ltd is a leading manufacturer of woven, coated, and laminated synthetic engineered fabrics. The company primarily works with polyamide and polyester filament-based materials, supported by advanced polyurethane chemistry, enabling it to produce high-performance technical…
Open Date
Wed, 08 Jul 2026
Close Date
Fri, 10 Jul 2026
Price Band
₹ 398 – 419
Lot Size
35
Issue Size
₹ 650.00 Cr
Minimum Investment
₹ 14,665 (35 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Kusumgar IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹650 Crore and an offer for sale (OFS) of 1.55 Crore equity shares aggregating to ₹650.00 Crore by the existing shareholders.
The Kusumgar IPO remained open for subscription from July 08, 2026, to July 10, 2026. The basis of allotment was finalized on July 13, 2026, and the company's shares were listed on the NSE and BSE on July 15, 2026.
The company had fixed the price band at ₹398 to ₹419 per share, with a lot size of 35 shares. Retail investors were required to make a minimum investment of ₹14,665 (based on the upper price band) to apply for one lot.
The IPO also included a reservation of 92,105 equity shares for eligible employees, who received a discount of ₹39.00 per share.
Bigshare Services Pvt Ltd served as the registrar to the issue. IIFL Capital Services Limited, Axis Capital Limited, and Motilal Oswal Investment Advisors Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Kusumgar Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Kusumgar IPO Timeline (Tentative)
- IPO Open Date
- Wed, 08 Jul 26
- IPO Close Date
- Fri, 10 Jul 26
- Basis of Allotment
- Mon, 13 Jul 26
- Initiation of Refunds
- Tue, 14 Jul 26
- Credit of Shares to Demat
- Tue, 14 Jul 26
- Listing Date
- Wed, 15 Jul 26 — NSE & BSE
Open Date
08 July 2026
Close Date
10 July 2026
Basis Of Allotment
13 July 2026
Listing Date
15 July 2026
IPO Subscription
Check Live Subscription →The Kusumgar IPO has received bids for 1,47,76,17,435 shares against 1,14,68,094 shares offered, resulting in an overall subscription of 128.85x. the NII category is subscribed 165.46x, Retail Investors 26.47x, Employees 10.48x, and QIBs 284.1x. Within the NII category, BNII is subscribed 179.81x, while SNII is subscribed 136.75x.
QIB
284.1x
NII
165.46x
BNII
179.81x
SNII
136.75x
RII
26.47x
EMP
10.48x
Total
128.85x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 53,97,357 shares, representing 34.82% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 30,81,634 shares (19.98%), while Non-Institutional Investors (NIIs) receive 23,13,153 shares (14.92%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Anchor Investors | 4,628,877 | 30.02% |
| Qualified Institutions | 3,081,634 | 19.98% |
| Non-Institutional | 2,313,153 | 14.92% |
| BNII | 1,542,102 | 10.01% |
| SNII | 771,051 | 5% |
| Retail Investors | 5,397,357 | 34.82% |
| Employees | 92,105 | 0.59% |
| Total | 15,513,126 | 100% |
Financials Details(₹ in Crores)
| Particular | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| Assets | 905.07 | 632.4 | 584.74 |
| Revenue | 711.78 | 790.21 | 474.55 |
| Profit After Tax | 98.2 | 111.99 | 84.4 |
| Net Worth | 502.95 | 257.75 | 140.36 |
| Reserve & Surplus | 491.05 | 247.6 | 138.37 |
| Total Borrowings | 223.58 | 246.5 | 76.53 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Kusumgar Limited KPI Information
| Particular | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 25.82 | 56.26 | 86.13 |
| ROCE % | 24.76 | 42.89 | 55.87 |
| Debt / Equity | 0.44 | 0 | 0 |
| RoNW % | 25.82 | 56.26 | 86.13 |
| Pat Margin % | 13.8 | 14.17 | 17.78 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Kusumgar Ltd | 1 | 0 | 9.68 | 9.31 | 25.82 | 49.56 |
| Garware Technical Fibres Ltd | 10 | 39.8 | 20.01 | 20.01 | 15.29 | 136.44 |
| Arvind Limited | 10 | 32.72 | 15.8 | 15.79 | 10.91 | 154.47 |
| SRF Limited | 10 | 43.77 | 61.91 | 61.91 | 13.76 | 473.74 |
About Kusumgar Limited
Founded in 1990, Kusumgar Ltd is a leading manufacturer of woven, coated, and laminated synthetic engineered fabrics. The company primarily works with polyamide and polyester filament-based materials, supported by advanced polyurethane chemistry, enabling it to produce high-performance technical textiles for specialised industrial applications.
As of March 31, 2025, the company had developed more than 1,000 unique fabric variants (SKUs), establishing a strong presence in the synthetic functional and performance fabric segment. Its products cater to a diverse range of industries, including aerospace and defence, industrial and automotive, as well as outdoor and lifestyle applications.
In recent years, the company has strategically expanded beyond fabric manufacturing into value-added aerospace and defence solutions. Its offerings now include finished products such as parachute systems, stealth and camouflage materials, rapid deployment systems, and other specialised military applications.
Business Segments
Aerospace and Defence Fabrics
The company manufactures high-performance fabrics designed to meet stringent aerospace and defence standards. These fabrics are widely used in parachutes, tactical apparel, specialised military gear, stealth systems, and rapid deployment equipment.
Aerospace and Defence Solutions
In addition to supplying fabrics, the company manufactures complete defence solutions such as parachute systems, camouflage nets, deployable shelters, and related equipment. It also provides maintenance, servicing, and repair solutions for select defence customers.
Industrial and Automotive Fabrics
The company produces specialised fabrics for industrial and automotive applications. Its product portfolio includes fabrics used in adhesive tapes, custom-engineered applications, mechanical rubber goods (MRG), and inflatable products.
Outdoor and Lifestyle Fabrics
The company supplies technical performance fabrics for global outdoor and activewear markets. These fabrics are used in athleisure wear, rainwear, winter clothing, backpacks, luggage, tents, sleeping bags, and other lifestyle products.
Manufacturing Facilities
The company operates six manufacturing facilities located in Gujarat, India, along with one fabrication unit in Uttar Pradesh, India. These facilities support its integrated manufacturing and product development capabilities across multiple business segments.
Employee Strength
As of March 31, 2025, the company employed a total workforce of 1,712 employees, including 1,082 permanent employees.
Kusumgar IPO Promoters
- Yogesh Kantilal Kusumgar
- Siddharth Yogesh Kusumgar
- Sapna Siddharth Kusumgar
- Siddharth Yogesh Kusumgar HUF
Promoters Holding
Holding Pre Issue
90.48%
Holding Post Issue
0.00%
Kusumgar IPO Objective
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- The Offer comprises an Offer for Sale of [●] Equity Shares of face value of ₹1 each, aggregating up to ₹6,500 million, by the Promoter Selling Shareholders
- Listing of the Equity Shares on the Stock Exchanges will enhance the Company’s visibility and provide liquidity to the shareholders
Kusumgar Limited Address / Contact Details
Kusumgar Ltd.
101, Manjushree, V.M. Road,
Corner of N.S. Road No. 5, JVPD Scheme
Vile Parle (West),
Mumbai, Maharashtra, 400056
Telephone: + 91 22 6112 510
Email: cs@kusumgar.com
Website:https://www.kusumgar.com/
IPO Snapshot
Kusumgar IPO Lot Size
The Kusumgar IPO has a lot size of 35 shares. Retail investors require a minimum investment of ₹14,665 by applying for 1 lot (35 shares). The maximum application allowed for the retail category is 13 lots (455 shares), requiring an investment of ₹1,90,645.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 35 | 14,665.00 |
| Retail (Max) | 13 | 455 | 190,645.00 |
| S-HNI (Min) | 14 | 490 | 205,310.00 |
| S-HNI (Max) | 68 | 2,380 | 997,220.00 |
| B-HNI (Min) | 69 | 2,415 | 1,011,885.00 |
Issue Reservation
- Anchor Investors — 30.02%
- QIB — 19.98%
- NII — 14.92%
- RII — 34.82%
- EMP — 0.59%
Book Running Lead Managers
- IIFL Capital Services Limited
- Axis Capital Limited
- Motilal Oswal Investment Advisors Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Kusumgar IPO?
Kusumgar IPO is a Book-building IPO with a total issue size of ₹650 crore. The Kusumgar IPO price band is ₹398 to 419 per share. The Kusumgar IPO subscription opens on Wed, Jul 8, 2026, and closes on Fri, Jul 10, 2026. The Kusumgar IPO will be listed on the BSE,NSE. Bigshare Services Pvt Ltd is the registrar for the Kusumgar IPO.
When will the Kusumgar IPO open for subscription?
The Kusumgar IPO opens on Wed, Jul 8, 2026 and closes on Fri, Jul 10, 2026
What is Kusumgar IPO Price Band?
Kusumgar IPO Price Band is ₹398 to 419 per share.
What is Kusumgar IPO Lot Size?
Kusumgar IPO lot size is 35 shares, Retail investors need a minimum investment of ₹14665 based on the upper price band
What is the minimum investment for Kusumgar IPO?
The minimum investment for Kusumgar IPO is ₹14665, based on one lot of 35 shares at the upper price band of ₹419 per share.
How to apply for Kusumgar IPO?
Investors can apply for the Kusumgar IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Jul 10, 2026. The application amount remains blocked until the Kusumgar IPO allotment is finalized.
What is Kusumgar IPO Issue Size?
Kusumgar IPO issue size is ₹650 crores.
What is the Kusumgar IPO Allotment Date?
Kusumgar IPO allotment date is Mon, Jul 13, 2026.
Who is the Kusumgar IPO Registrar?
The registrar for Kusumgar IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Kusumgar IPO allotment status, refund processing, and other IPO-related information.
What is the Kusumgar IPO GMP?
The Kusumgar IPO GMP (Grey Market Premium) is ₹140 as of Fri, Jul 3, 2026. Based on the upper price band of ₹419 per share, the estimated Kusumgar IPO listing price is ₹559, indicating a potential listing gain of approximately 33.41% over the issue price.
Who is the Kusumgar IPO Lead Manager?
The book-running lead managers (BRLMs) for the Kusumgar IPO are Axis Capital Limited, and Motilal Oswal Investment Advisors Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Kusumgar IPO Red Herring Prospectus (RHP).