Kusumgar IPO
Get the latest Kusumgar IPO details, including issue size, price band, lot size, IPO dates, GMP, subscription status, allotment, listing date, financials, review, and key investment information.
Kusumgar IPO Details
Kusumgar IPO bidding started from Jul 8, 2026 and ended on Jul 10, 2026. The allotment for Kusumgar IPO was finalized on Jul 13, 2026. The shares got listed on NSE and BSE on Jul 15, 2026.
Kusumgar IPO Timeline (Tentative)
The timeline below provides the important dates for the Kusumgar IPO, including the IPO opening and closing dates, allotment, refunds, demat credit, and listing schedule.
| Event | Tentative Date |
|---|---|
| IPO Open Date | Wed, Jul 8, 2026 |
| IPO Close Date | Fri, Jul 10, 2026 |
| Basis of Allotment | Mon, Jul 13, 2026 |
| Initiation of Refunds | Tue, Jul 14, 2026 |
| Credit of Shares to Demat | Tue, Jul 14, 2026 |
| Listing Date | Wed, Jul 15, 2026 |
| IPO Opens | July 8, 2026 |
| IPO Closes | July 10, 2026 |
| Basis of Allotment | July 13, 2026 |
| Refund Initiation | July 14, 2026 |
| Shares Credited to Demat | July 14, 2026 |
| Listing Date | July 15, 2026 |
Kusumgar IPO Lot Size
The following table shows the Kusumgar IPO lot size, including the number of shares and investment amount applicable to different investor categories.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Minimum) | 1 | 35 | 14,665 |
| Retail (Maximum) | 13 | 455 | 190,645 |
| S-HNI (Minimum) | 14 | 490 | 205,310 |
| B-HNI (Minimum) | 69 | 2,415 | 1,011,885 |
Kusumgar IPO Reservation
Kusumgar IPO comprises a total issue size of 1,55,21,698 shares. The net offer to the public is 1,54,29,593 shares, after excluding 92,105 shares under a preferential allotment. Of the Net offer 77,14,796 (50.00%) are allocated to QIB, 23,14,439 (15.00%) allocated to NII 54,00,358 (35.00%) allocated to RII.
Kusumgar IPO Subscription
The subscription status reflects investor participation across Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), Retail Individual Investors (RIIs), and Employees. The Kusumgar IPO received an exceptionally strong response from investors across all categories.
| Category | Subscription (times) |
|---|---|
| QIB | 284.10 |
| NII/HNI | 174.28 |
| Retail | 27.97 |
| Employee | 11.09 |
| Total | 135.80 |
About Kusumgar
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 Strengths
- Operates in & high entry barriers market
- Strong technical capabilities to develop and supply unique solutions
- Diversified presence across multiple end-use segment
- Long-standing relationships with key customer
- Experienced and visionary Promoters supported by a professional management team
Strengths
- Leading manufacturer of engineered technical textiles and synthetic fabrics.
- More than 1,000 product configurations serving multiple industries.
- Strong presence in aerospace & defence, industrial, automotive, and outdoor segments.
- Diversified customer base across domestic and export markets.
- Multiple integrated manufacturing facilities with advanced production capabilities.
- Strong technical expertise, innovation, and long-standing customer relationships.
- Well positioned to benefit from increasing demand for high-performance technical textiles.
Risks to Consider
- Revenue depends on demand from industrial, automotive, and defence sectors.
- Fluctuations in raw material prices may affect operating margins.
- Export business may be impacted by global economic conditions and currency movements.
- Intense competition from domestic and international technical textile manufacturers.
- Since the IPO is entirely an Offer for Sale (OFS), the company will not receive any proceeds from the issue.
- Changes in government policies relating to defence procurement or exports may affect business.
- Investors should carefully review the Risk Factors section of the Red Herring Prospectus (RHP) before making an investment decision.
Kusumgar Financials (₹ Cr)
The following table presents the key financial highlights of Kusumgar Limited, including revenue, profit after tax (PAT), total assets, and net worth for the reported financial years. These figures help investors evaluate the company's financial performance before investing in the IPO.
| Period | Revenue | PAT | Total Assets | Net Worth |
|---|---|---|---|---|
| FY2026 | 692.00 | 98.20 | 793.43 | To be Updated |
| FY2025 | 779.00 | 111.99 | 562.49 | To be Updated |
| FY2024 | 467.91 | 84.40 | 260.95 | To be Updated |
KPIs & Valuation
The following key financial and valuation metrics help investors assess the company's profitability, operational efficiency, leverage, and overall valuation before making an investment decision.
Objects of the Issue
Since the Kusumgar IPO is entirely an Offer for Sale (OFS), the company will not receive any proceeds from the issue. The selling shareholders will receive the proceeds from the sale of their equity shares after deducting applicable expenses and taxes.
- Achieve the listing of the company's equity shares on the stock exchanges.
- Provide an exit opportunity to the existing selling shareholders through the Offer for Sale.
- Enhance the company's visibility and public market presence.
- Increase liquidity in the company's equity shares.
Promoters, Lead Managers & Registrar
The table below provides details of the promoters and key intermediaries associated with the Kusumgar IPO. These entities are responsible for managing the IPO process, ensuring regulatory compliance, coordinating with investors, and completing the share allotment process.
Promoters
Lead Managers (BRLM)
Kusumgar IPO Review
Kusumgar Limited is one of India's leading manufacturers of engineered technical textiles and synthetic fabrics. The company serves diverse end-user industries, including aerospace & defence, industrial & automotive, and outdoor & lifestyle markets through a broad portfolio of high-performance textile solutions.
The company benefits from its integrated manufacturing capabilities, diversified customer base, strong research and development focus, and growing demand for technical textiles in both domestic and international markets. Increasing investments in defence, industrial manufacturing, and infrastructure are expected to support long-term growth opportunities for the company.
However, investors should also consider factors such as fluctuations in raw material prices, dependence on industrial demand, export market risks, competitive pressures, and global economic conditions. Since the IPO is entirely an Offer for Sale, the company will not receive any funds from the issue. Investors are advised to carefully evaluate the company's financial performance, valuation, future growth prospects, and the Red Herring Prospectus (RHP) before making an investment decision.
How to Apply
Investors can apply for the Kusumgar IPO through the ASBA (Application Supported by Blocked Amount) facility provided by banks or through the UPI-based IPO application process available on registered stock broker platforms.
Step 1: Log in to Your Trading Account
Sign in to your stock broker's website or mobile application that supports IPO investments.
Step 2: Select the IPO
Navigate to the IPO section and select Kusumgar IPO from the list of available public issues.
Step 3: Enter Bid Details
Choose the number of lots you wish to apply for and enter your preferred bid price within the specified price band. Retail investors may also select the Cut-off Price where applicable.
Step 4: Submit UPI ID or Use ASBA
Enter a valid UPI ID for payment authorization or apply through your bank's ASBA facility using net banking.
Step 5: Submit the Application
Review all the entered details carefully and submit the IPO application before the issue closes.
Step 6: Approve the UPI Mandate
If applying through UPI, approve the payment mandate request in your UPI application before the specified deadline. For ASBA applications, the application amount remains blocked in your bank account until the allotment process is completed.
Step 7: Check Allotment Status
After the basis of allotment is finalized, investors can check the allotment status through the registrar's website or the IPO allotment section available on TheTopStockBroker.
Prospectus & Documents
The following documents provide comprehensive information about the Kusumgar IPO, including the company's business operations, financial statements, risk factors, objects of the offer, and other statutory disclosures. Investors should carefully review these official documents before making an investment decision.
Last updated Jul 31, 2026.