
Textiles · NSE / BSE
Kusumgar Ltd., incorporated in 1990, is a manufacturer of engineered synthetic fabrics made from polyamide and polyester, widely used in high-performance and functional applications. The company has developed over 1,000 fabric types and serves industries like aerospace and defence, automotive, industrial, and outdoor lifestyle. It not only produces specialized fabrics for parachutes, tactical gear, and industrial uses but has also expanded into manufacturing complete defence products such as parachute systems, camouflage nets, and deployable shelters, along with maintenance services. A significant portion of its revenue comes from aerospace and defence segments, highlighting its strong position in this space. With multiple manufacturing units in Gujarat and a fabrication facility in Uttar Pradesh, supported by a workforce of over 1,700 employees, the company continues to grow in both domestic and global markets.
Price Band
₹398 – ₹419
Issue Size
₹1551.31 L Cr
Lot Size
35 shares
GMP
+37.0%
Est. Listing
₹574
at current GMP
Subscribed
135.76x
overall
Open
8 Jul 2026
Close
10 Jul 2026
Allotment
13 Jul 2026
Refund
14 Jul 2026
Demat Credit
15 Jul 2026
Listing
15 Jul 2026
Designated Registrar: Bigshare Services Private Limited
Allotment Date
13 Jul 2026
Basis finalization
Refunds Initiate
14 Jul 2026
Mandate release
Demat Credit
15 Jul 2026
Shares in demat
Listing Debut
15 Jul 2026
Trading begins
Kusumgar Limited is bringing an initial public offering (IPO) in the Textiles sector with an aggregate issue size of ₹1,55,13,126 Crores. The shares are offered at a price band of ₹398 to ₹419 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 35 shares (approx. ₹14,665 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-07-15, while un-allotted funds or UPI block mandates will be released on 2026-07-14.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.