Kusumgar
· Mainboard · NSE, BSE
Price Band
₹398–419
Lot Size
35 shares
Issue Size
₹650 Cr
Min. Investment
₹14,665
Grey Market Premium
Last unofficial quote before listing
Cap price plus current GMP: ₹580 — arithmetic, not a forecast
Subscription Status
KusumgarIPO: Overview & Key Facts
Kusumgar IPO is a Mainboard issue that listed on NSE, BSE on 15 July 2026. The price band is ₹398–₹419 per equity share, with a market lot of 35 shares. The total issue size is ₹650 Cr. At the upper price band, the minimum application for an individual investor is 1 lot (35 shares), amounting to ₹14,665.
Kusumgar IPO GMP & Listing
The last grey market premium (GMP) reported for Kusumgar IPO before listing was ₹161, about 38.42% over the upper price band of ₹419, and informal quotes had held steady over the sessions we recorded. The shares opened at ₹569 on listing day, 35.8% above the issue price of ₹419. GMP is an unofficial, unregulated indicator quoted by off-market dealers; it moves with supply and demand and is not a guaranteed listing price. For how often it has been right, read our research on IPO GMP accuracy.
KusumgarIPO Subscription Status & Demand Analysis
On the latest figures we have, Kusumgar IPO was 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, from about 37,19,690 applications. Where the individual-investor category is oversubscribed, allotment in it is decided by a computerised lottery: as many applicants as possible receive the minimum application, chosen at random.
Kusumgar IPO Allotment & Listing
The registrar for this issue is Bigshare Services Pvt. Ltd.; the basis of allotment was finalised on 13 July 2026 and the shares listed on 15 July 2026. You can check your allotment status on our IPO Allotment Checker using your PAN or application number.
Listing Performance
Issue Price
₹419
Listed At
₹569
Current Price
₹602.8
Reservation
| 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% |
- QIB50.0%
- − Anchor Investor0.0%
- − QIB (Ex. Anchor)0.0%
- NII (HNI)15.0%
- − bNII > ₹10L0.0%
- − sNII < ₹10L0.0%
- Retail35.0%
- Employee0.0%
Market Lot Size
| 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 |
Financials (₹ Cr)
Valuations
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
Market Cap
₹4,399.14 Cr.
Contact Details
Kusumgar Ltd. Address
- 91 2261125100
- cs@kusumgar.com
- https://www.kusumgar.com/
Registrar Contact Details
Bigshare Services Pvt. Ltd.
- +91 22 6263 8200
- ipo@bigshareonline.com
- https://bigshareonline.com
- Office No. S6-2, 6th Floor, Pinnacle Business Park, Andheri East, Mumbai – 400093
Frequently Asked Questions
Key Dates
- Open Date
- 08 Jul 2026
- Close Date
- 10 Jul 2026
- Basis of Allotment
- 13 Jul 2026
- Listing Date
- 15 Jul 2026
Issue Details
- Registrar
- Bigshare Services
- Exchange
- NSE, BSE