IPO Issue Details
Issue Price / Price Band₹419 per share (Fixed Price)
Face Value₹1 Per Share
Lot Size35 Shares per Lot
Total Issue Size1,55,13,126 shares (agg. up to ₹650 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryOFS only
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 08 Jul 2026
Subscription CloseFri, 10 Jul 2026
Anchor AllotmentTue, 07 Jul 2026
Basis of AllotmentMon, 13 Jul 2026
Initiation of RefundsTue, 14 Jul 2026
Credit of Shares to DematTue, 14 Jul 2026
Listing DateWed, 15 Jul 2026
UPI Mandate Deadline5:00 PM on 10 Jul 2026 (Day 3)
Application & Investment Details
Retail — Min (1 Lots)₹14,665 — 35 shares
Retail — Max (13 Lots)₹190,645 (13 Lots)
HNI — Min (3 Lots)₹43,995 — 105 shares
EPS (Pre-IPO)₹9.35
EPS (Post-IPO)₹9.35
P/E Ratio (Pre-IPO)44.8x
P/E Ratio (Post-IPO)44.8x
Pre-IPO Promoter Holding10,49,91,372 shares
Post-IPO Promoter Holding10,14,90,000 shares
Offer for Sale Shares1,55,13,126 shares of ₹1 (agg. up to ₹650 Cr)
About Kusumgar Ltd.
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.Business segments:Aerospace and Defence Fabrics: Create high-performance fabrics that meet strict aerospace and defence standards. These include materials for parachutes, tactical clothing, specialty gear, stealth systems, and rapid deployment systems.Aerospace and Defence Solutions: The company now also manufacture complete products like parachute systems, camouflage nets, and deployable shelters. We also offer maintenance and repair services for some customers.Industrial and Automotive Fabrics: It make fabrics for various industrial uses, including automotive. Its product lines include fabrics for tapes, custom applications, mechanical rubber goods (MRG), and inflatables.Outdoor and Lifestyle Fabrics: The company supplies performance fabrics for global activewear and gear markets. Its fabrics are used in athleisure, rainwear, winter wear, backpacks, luggage, tents, and sleeping bags. As of March 31, 2026, it has a total workforce of 2077 employees.Competitive StrengthsOperates in & high entry barriers marketStrong technical capabilities to develop and supply unique solutionsDiversified presence across multiple end-use segmentLong-standing relationships with key customerExperienced and visionary Promoters supported by a professional management team
Objects of the Issue
Kusumgar Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
Carry out the Offer for Sale of [●] Equity Shares of face value of Rs 1 each, aggregating up to Rs 6,500 million by the Promoter Selling Shareholders
2
Achieve the benefits of listing the Equity Shares on the Stock Exchanges
Shareholding & Lock-in
Pre-IPO Promoter Holding
10,49,91,372 shares
Post-IPO Promoter Holding
10,14,90,000 shares
Lock-in Period (30%)Wed, Aug 12, 2026
Lock-in Period (50%)Sun, Oct 11, 2026