· Mainboard · NSE, BSE
Price Band
₹398–419
Lot Size
35 shares
Issue Size
₹650 Cr
Min. Investment
₹14,665
Indicative, updates through the day
Cap price plus current GMP: ₹580 — arithmetic, not a forecast
Kusumgar IPO is a Mainboard issue that listed on NSE, BSE on 15 July 2026. The issue price band is fixed at ₹398–₹419 per equity share with a minimum market lot size of 35 shares, bringing the total issue size to ₹650 Cr. At the upper price band, the minimum retail application requires one lot amounting to ₹14,665.
The latest unlisted Grey Market Premium (GMP) for Kusumgar IPO is quoted at ₹161, representing a premium of approximately 38.42% over the upper price band of ₹419. On a simple cap price plus GMP basis, the estimated opening price indicates a listing near ₹580, and informal quotes have held steady over recent sessions. Please note that GMP is an unregulated sentiment indicator quoted by off-market dealers; it fluctuates based on supply-demand dynamics and does not constitute a guaranteed listing price. For historical accuracy studies, read our research on IPO GMP accuracy, or compare with live GMP quotes for all active IPOs.
As per the latest exchange feeds from BSE and NSE, Kusumgar IPO has been subscribed 135.8x overall — with QIB at 299.51x, NII at 174.28x, bNII at 189.4x, sNII at 144.05x, Retail at 27.97x, Employee at 11.09x, representing over 37,19,690 retail and institutional applications. When the retail category is oversubscribed, SEBI regulations mandate that allotment is determined via an automated computerized lottery where each valid PAN gets one equal chance.
The minimum investment for retail investors is one lot of 35 shares (approx. ₹14,665 at the cut-off price), while the maximum retail bid is capped at 13 lots (under ₹2,00,000). Applications must be submitted using ASBA via Net Banking or the UPI Mandate route through registered stockbrokers (Zerodha, Groww, Angel One, Upstox).
The official registrar appointed for this issue is Bigshare Services Pvt. Ltd., with the basis of allotment finalised on 13 July 2026 and listing completed on 15 July 2026. Once declared, you can check your allotment status on our IPO Allotment Checker using your PAN or Application Number. If you are not allotted shares, the ASBA block on your bank funds is automatically released by T+2 day.
Issue Price
₹419
Listed At
₹569
Current Price
₹602.8
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 automotive, and outdoor and lifestyle segments. In recent years, the company has also expanded into finished products for aerospace and military use, such as parachute systems, stealth materials, and rapid deployment systems. As of March 31, 2026, it has a total workforce of 2077 employees.
Kusumgar IPO raises ₹193.95 crore from anchor investors. Kusumgar IPO Anchor bid date is July 7, 2026.
| Category | Shares Offered | % |
|---|---|---|
| QIB | 77,14,796 | 50% |
| − Anchor Investor | 46,28,877 | 0% |
| − QIB (Ex. Anchor) | 30,85,919 | 0% |
| NII (HNI) | 23,14,439 | 15% |
| − bNII > ₹10L | 15,42,960 | 0% |
| − sNII < ₹10L | 7,71,479 | 0% |
| Retail | 54,00,358 | 35% |
| Employee | 92,105 | 0% |
| 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 |
EPS (Pre IPO)
9.35
EPS (Post IPO)
9.35
ROE
25.82%
P/E (Pre IPO)
44.8
P/E (Post IPO)
44.8
Price / Book
8.45
Market Cap
₹4,399Cr.
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| Aastha Spintex Ltd. | 18.78 | ₹170.00 Cr | |
| Shree Ram Twistex Ltd. | 38.21 | ₹110.24 Cr | |
| Shreedhar Spinners Ltd. | 13.44 | ₹30.68 Cr | |
| Harikanta Overseas Ltd. | 14.66 | ₹24.30 Cr | |
| Yajur Fibres Ltd. | 23.49 | ₹120.41 Cr | |
| K K Silk Mills Ltd. | 12.12 | ₹28.50 Cr |
Kusumgar Ltd. Address
Bigshare Services Pvt. Ltd.