Kusumgar Limited IPO
LISTEDMAINBOARDKUSUMGARSUBSCRIBEListing Performance
Listed
Issue Price
₹419
Listed On
15 Jul 2026
- Price Band
- ₹398 – ₹419
- Lot Size
- 35
- Lot Value
- ₹14,665
- Open Date
- 08 Jul 2026
- Close Date
- 10 Jul 2026
- Min Investment
- ₹14,665
IPO Timeline
Issue Opens
08 Jul 2026 · Wed
Issue Closes
10 Jul 2026 · Fri
UPI Deadline
10 Jul 2026 · Fri
Allotment
13 Jul 2026 · Mon
Refund
14 Jul 2026 · Tue
Share Credit
14 Jul 2026 · Tue
Listing
15 Jul 2026 · Wed
About Kusumgar Limited
Kusumgar Limited manufactures technical textile fabrics and solutions for aerospace, defence, automotive, industrial, and outdoor applications. It operates across four segments: Aerospace and Defence Fabrics, Aerospace and Defence Solutions, Industrial and Automotive Fabrics, and Outdoor and Lifestyle Fabrics. The company manages the entire manufacturing process in-house, from yarn selection to coating, lamination and finishing. It also uses materials such as polyurethane, TPU, silicone and PTFE to produce specialised performance fabrics for demanding applications. Discuss on Trading Q&A
Investment Analysis
Quick Analysis: 5 strengths · 5 risk factors· Exchange: NSE
Strengths (5)
- •Operates across multiple technical textile segments, including aerospace, defence, industrial, automotive, and outdoor fabrics.
- •Has integrated manufacturing capabilities covering weaving, coating, lamination, and finishing processes.
- •Develops customised engineered fabric solutions to meet specific customer requirements.
- •Entry barriers in its industry include specialised certifications, regulatory approvals, and long customer qualification cycles.
- •Focuses on research, product development, and introducing new products to support business growth.
Risk Factors (5)
- •A large share of revenue comes from the aerospace, defence, industrial, and automotive fabric segments, making the business dependent on these markets.
- •Loss of major customers could significantly impact revenue, as the top 10 customers contributed 59.52% of FY2026 revenue.
- •The company depends on a limited number of suppliers and does not have long-term supply agreements.
- •Most manufacturing facilities are located in Gujarat, exposing operations to regional disruptions.
- •The company generally does not have long-term sales agreements with customers, creating demand uncertainty.
📊 Algorithmic Score
Computed from issue structure — GMP, fresh issue %, OFS %, issue size
Why do these differ? The Algorithmic Score measures issue quality (structure, size, promoter commitment). The Demand Analysis measures investor interest signals (subscription, GMP, risks). A high-quality issue can still have unconfirmed demand — especially before subscription opens.
✍️ Demand & Risk Analysis
Based on market demand signals — subscription, GMP trend, risk factors
IPO Market Analysis
“Strong investor demand with 85x subscription suggests positive listing momentum. GMP indicates market expects a listing premium.”
- ✅Oversubscribed 85x
- ✅Strong QIB demand 192x
- ✅High GMP +39%
- ✅5 business strengths identified
- ⚠️5 risk factors noted
- ✅Mainboard IPO (higher regulatory standards)
This is algorithmic analysis, not investment advice. Always read the DRHP before investing.
IPO Details
| Registrar | Bigshare Services Private Limited |
| Exchange | NSE |
| ISIN | — |
| Face Value | — |
| Issue Size | ₹650.00 Cr |
| Fresh Issue | — |
| OFS Size | — |
| Lead Managers | — |
Company Fundamentals
Capital Structure
Capital structure not yet available.
Shareholding Pattern
Shareholding pattern not yet available.
Reservations & OFS
Reservation & OFS detail not yet available.
Board & Management
Board & management not yet available.
Industry & Market
Industry & market data not yet available.
Application Lot Sizes
Retail caps at ₹2,00,000 (13 lots here). S-HNI is ₹2L–₹10L, B-HNI is above ₹10L.
| Category | 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) | 66 | 2,310 | ₹9,67,890 |
| B-HNI (min) | 67 | 2,345 | ₹9,82,555 |
Registrar (RTA)
SEBI-registered Registrar & Transfer Agent — handles allotment and refunds.
Registrar:Bigshare Services Private Limited→3-Year Financial Summary
Financial data not available yet.
Subscription Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.01x | 0.08x | 191.68x |
| sNII (S-HNI) | 5.37x | 21.69x | 82.09x |
| bNII (B-HNI) | 4.68x | 26.62x | 124.53x |
| Retail | 1.89x | 5.10x | 13.99x |
| Total | 1.99x | 7.87x | 84.73x |
Colour: red <1x · green 1–5x · blue 5–10x · orange >10x.
Allotment Statistics
Retail Individual Investors (RII)
Subscription
13.99x
Allotment Ratio
1 lot per 14 applicants
Allotment Probability
~7.1%
Non-Institutional Investors (NII / HNI)
Subscription
110.38x
Allotment Type
Proportionate allotment
Qualified Institutional Buyers (QIB)
Subscription
191.68x
Allotment Type
Discretionary allotment
Total Subscription
84.73x
Allotment probability is estimated based on subscription data and is not guaranteed. Actual allotment depends on the registrar's process.
Basis of Allotment
Category-wise subscription & allotment ratio
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| Milky Mist Dairy Food Limited | 18 Aug 2026 | +17.86% |
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Related IPOs
Documents
Frequently Asked Questions
When is the Kusumgar Limited IPO opening?
The Kusumgar Limited IPO opens on 08 Jul 2026 and closes on 10 Jul 2026. Check this page for the latest updates as we refresh every 30 minutes.
What is the price band of the Kusumgar Limited IPO?
The price band for the Kusumgar Limited IPO is ₹398 to ₹419. The final price is announced after the book-building process and is confirmed before listing.
What is the lot size and minimum investment for the Kusumgar Limited IPO?
The minimum lot size is 35 shares with a minimum investment of ₹14,665. Retail investors can apply for up to the retail limit defined by SEBI.
What is the GMP of Kusumgar Limited IPO today?
The latest Grey Market Premium for Kusumgar Limited is ₹165 (+39.40%). GMP is unofficial data and is not a guarantee of listing price.
When will the Kusumgar Limited IPO list on NSE and BSE?
The Kusumgar Limited IPO is expected to list on 15 Jul 2026 on NSE. Actual listing day trading begins at the start of the normal market session.
How can I check the Kusumgar Limited IPO allotment status?
The registrar for this IPO is Bigshare Services Private Limited. You can check your allotment status on the registrar's portal using your PAN, application number, or DP ID. We link to the registrar directly on our allotment page after the allotment date.
Is the Kusumgar Limited IPO a mainboard or SME issue?
Kusumgar Limited is a mainboard IPO that will list on the main NSE and BSE boards. Mainboard IPOs are open to retail investors with a minimum application of one lot.
How do I apply for the Kusumgar Limited IPO?
You can apply for the Kusumgar Limited IPO through any SEBI-registered broker such as Zerodha, Upstox, or Angel One using UPI or ASBA. Use the Apply Now buttons on this page to go directly to the broker.
What is the expected listing price of Kusumgar Limited IPO?
Based on the current GMP of ₹165, the expected listing price of Kusumgar Limited is ₹584 (issue price ₹419 + GMP ₹165). Note that GMP is unofficial grey market data and actual listing price may differ.
What is the allotment ratio for Kusumgar Limited IPO?
Based on the retail subscription of 13.99x, the estimated allotment ratio is 1 lot per 14 applicants (approximately 7.1% chance of allotment). This is an estimate and actual allotment may vary.
Should I subscribe to Kusumgar Limited IPO?
Based on our algorithmic analysis, Kusumgar Limited IPO is rated SUBSCRIBE with high confidence. Strong investor demand with 85x subscription suggests positive listing momentum. GMP indicates market expects a listing premium. This is not investment advice — please read the DRHP and consult a financial advisor before investing.
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