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Latest GMP
- Lead Manager
- Axis Capital Limited
- IPO Registrar
- Bigshare Services Private Limited
- IPO Open Date
- 8th Jul 2026
- IPO Close Date
- 10th Jul 2026
- Allotment date
- 13th Jul 2026
- Listing date
- 15th Jul 2026
- Issue Size
- ₹ 650 Cr.
- Issue Price Band
- ₹ 398 to 419
- Lot Size
- 35 Share
- Minimum Investment
- ₹ 14665
Disclaimer: IPO details, GMP, subscription figures, and other related information are for informational purposes only and may not always be accurate or up to date. Please verify the latest details from official sources before investing.
About Kusumgar Limited
As of March 31, 2026, Kusumgar has developed over 1,000 unique fabric types (SKUs), establishing a strong position in the synthetic functional and performance fabrics segment. Its products cater to diverse industries, including aerospace & defence, industrial & automotive, and outdoor & lifestyle.
In recent years, the company has successfully expanded from fabrics into finished products for aerospace and military applications, such as parachute systems, stealth materials, and rapid deployment systems.
Business Segments
- Aerospace and Defence Fabrics
High-performance fabrics engineered to meet stringent aerospace and defence standards. Applications include materials for parachutes, tactical clothing, specialty gear, stealth systems, and rapid deployment systems.
- Aerospace and Defence Solutions
Manufacture of complete finished products, including parachute systems, camouflage nets, and deployable shelters. The company also provides maintenance and repair services to select customers.
- Industrial and Automotive Fabrics
Specialised fabrics for industrial applications and the automotive sector. Key product lines include fabrics for tapes, custom applications, mechanical rubber goods (MRG), and inflatables.
- Outdoor and Lifestyle Fabrics
Performance fabrics supplied to global activewear and gear markets. These materials are used in athleisure, rainwear, winter wear, backpacks, luggage, tents, and sleeping bags.
Workforce
As of March 31, 2026, Kusumgar Ltd employs a total workforce of 2,077 employees.
Competitive Strengths
- Operates in a high-entry-barrier market
- Strong technical capabilities to develop and supply unique solutions
- Diversified presence across multiple end-use segments
- Long-standing relationships with key customers
- Experienced and visionary promoters supported by a professional management team
IPO Subscription Details
| Category | Shares Offered | Shares Applied | Subscription Times (x) |
|---|---|---|---|
| QIB (Ex Anchor) | 32,48,743 (28.33%) | 92,29,68,200 | 284.10 |
| NII | 24,36,558 (21.25%) | 40,31,47,255 | 165.46 |
| bNII (> ₹10L) | 16,24,372 (14.16%) | 29,20,78,395 | 179.81 |
| sNII (< ₹10L) | 8,12,186 (7.08%) | 11,10,68,860 | 136.75 |
| Retail | 56,85,302 (49.57%) | 15,04,80,400 | 26.47 |
| Employee | 97,491 (0.85%) | 10,21,580 | 10.48 |
| Total | 1,14,68,094 (100.00%) | 1,47,76,17,435 | 128.85 |
Grey Market Premium (GMP)
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Profit* | Last Updated |
|---|---|---|---|---|---|
| 14-07-2026 | ₹419 | ₹152 | ₹571 ( 36.28% ) | ₹5,320.00 | 14-Jul-2026 06:11 PM |
| 10-07-2026 | ₹419 | ₹158 | ₹577 ( 37.71% ) | ₹5,530.00 | 10-Jul-2026 11:23 AM |
| 09-07-2026 | ₹419 | ₹156 | ₹575 ( 37.23% ) | ₹5,460.00 | 09-Jul-2026 06:07 PM |
| 08-07-2026 | ₹419 | ₹156 | ₹575 ( 37.23% ) | ₹5,460.00 | 08-Jul-2026 05:29 PM |
| 07-07-2026 | ₹419 | ₹166 | ₹585 ( 39.62% ) | ₹5,810.00 | 07-Jul-2026 04:33 PM |
| 06-07-2026 | ₹419 | ₹167 | ₹586 ( 39.86% ) | ₹5,845.00 | 06-Jul-2026 12:38 PM |
Financials of Kusumgar Limited
A quick overview of the key financial performance of Kusumgar Limited.
Total Assets (₹ Cr)
Revenue (₹ Cr)
Profit after Tax (₹ Cr)
*All values are in Rs. Cr
Company Financials
Revenue decreased by 10%, Profit after Tax (PAT) decreased by 12%, Total Assets increased by 43% between FY2025 and FY2026.
| Period Ended | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | 474.55 | 790.21 | 711.78 |
| Assets | 584.74 | 632.40 | 905.07 |
| Profit After Tax | 84.40 | 111.99 | 98.20 |
IPO 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
2,380
₹ 9,97,220
B-HNI (Min)
69
2,415
₹ 10,11,885
| 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 | 2,380 | ₹ 9,97,220 |
| B-HNI (Min) | 69 | 2,415 | ₹ 10,11,885 |
Key Performance Indicators (KPI)
| KPI | Latest |
|---|---|
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Pre IPO
Post IPO
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| EPS (₹) |
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| P/E (x) |
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| Promoter Holding (%) |
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IPO Lead Manager(s)
Lead Manager Details
- Axis Capital Limited
- Contact Person: Sagar Jatakiya
- SEBI Registration Number: INM000012029
- Investor Grievance Email: complaints@axiscap.in
- Website: https://www.axiscapital.co.in
- Email: kusumgar.ipo@axiscap.in
- Phone: 2243252183
- Address: 1st Floor, Axis House, Pandurang Budhkar Marg, Worli, Mumbai - 400025, Maharashtra, India
Lead Manager Details
- IIFL Capital Services Limited (formerly known as IIFL Securities Limited)
- Contact Person: Dhruv Bhavsar
- SEBI Registration Number: INM000010940
- Investor Grievance Email: ig.ib@iiflcap.com
- Website: https://www.iiflcapital.com/
- Email: kusumgar.ipo@iiflcap.com
- Phone: 2246464728
- Address: 24th Floor, One Lodha Place, Senapati Bapat Marg, Lower Parel (West), Mumbai 400 013, Maharashtra, India
Lead Manager Details
- Motilal Oswal Investment Advisors Limited
- Contact Person: Sukant Goel
- SEBI Registration Number: INM000011005
- Investor Grievance Email: moiaplredressal@motilaloswal.com
- Website: https://www.motilaloswalgroup.com
- Email: Kusumgar.ipo@motilaloswal.com
- Phone: 2271934380
- Address: Motilal Oswal Tower, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai - 400025, Maharashtra, India
IPO Registrar
- Registrar Name
- Bigshare Services Private Limited
- ipo@bigshareonline.com
- Phone
- 2262638200
- Contact Person
- Babu Rapheal C.
- SEBI Registration Number
- INR000001385
- Address
- Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri East, Mumbai - 400093, Maharashtra, India
- Website
- https://www.bigshareonline.com/
Company Contact Details
- Company Name
- Kusumgar Limited
- cs@kusumgar.com
- Phone
- 2261125100
- Contact Person
- Devanand Parshottam Mojidra
- Corporate Identity Number
- U65990MH1990PLC056871
- Address
- 101, Manjushree, V.M. Road, Corner of N.S. Road No. 5, JVPD Scheme, Vile Parle (West), Mumbai – 400 056, Maharashtra, India
- Website
- https://www.kusumgar.com/
Kusumgar Limited FAQs
