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Kusumgar Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE & BSE Mainboard Live Chart
Issue Price
₹419
Per Share
GMP
+₹158
+37.71% Grey Market
Est. Listing
₹577
Expected Price
Min. Application
₹29,330
2 lots × 35 shares
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
Check AllotmentCheck Status →
Kusumgar Ltd. — Live Price LIVE
₹419.00
INR · BSE
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Issue ₹419.00 GMP: +₹158 (+37.71%) Live Price
Quick Facts
GMP Signal🟢 Positive
StatusListed
Issue Price₹419
GMP+₹158
Est. Listing₹577
Lot Size35 shares
Min Amount₹29,330
Listing Date15 Jul 2026
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹419
Listing Date15 Jul 2026
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
QIB (Ex Anchor) 7,716,487 ₹323.32 Cr 119.97x
NII / HNI 2,314,946 ₹97.00 Cr 172.52x
Retail (RII) 5,401,542 ₹226.32 Cr 26.99x
TOTAL 88,375 100.00% ₹3.70 Cr 0.96x
* Based on ₹419.00 (upper price band)
Day-wise Subscription
QIB
119.97x
NII / HNI
172.52x
Retail
26.99x
Total
0.96x
In Progress
Lot Size & Investment Details
Lot Size
35
Shares
Issue Price
₹419.00
Per Share
Min Investment
₹14,665
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 35 ₹14,665
Retail (Max) 13 455 ₹190,645
sNII (Min) 14 490 ₹205,310
bNII (Min) 69 2,415 ₹1,011,885
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars31 Mar 202631 Mar 202531 Mar 2024
Revenue from Operations 711.78 790.21 474.55
EBITDA 187.85 188.39 131.85
Profit After Tax (PAT) 98.20 111.99 84.40
Net Worth 502.95 257.75 140.36
Total Assets 905.07 632.40 584.74
Reserves & Surplus 491.05 247.60 138.37
Total Borrowings 223.58 246.50 76.53
Key Ratios & Valuation
Issue Price ₹419
Face Value ₹1 Per Share
P/BV 8.45
RoE 25.82
RoCE 24.76
RoNW 25.82
PAT Margin (%) 13.80
EBITDA Margin (%) 27.15
Debt / Equity 0.44
Company Details
Company
Kusumgar Ltd.
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹1 Per Share
Script Code
N/A
Address
101, Manjushree, V.M. Road, Corner of N.S. Road No. 5, JVPD Scheme Vile Parle (West), Mumbai, Maharashtra, 400056
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