
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
Last updated: 15 Jul 2026
Current Premium
Issue Price (Upper)
₹419
Band: ₹398 – ₹419
Estimated Listing Price
₹574
Upper price + GMP
Lot Size
35 shares
Min investment ₹14,665
Estimated Profit / Lot
₹5,425
35 × ₹155
Grey Market Premium trend
+₹155
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 28 Sep 2026 | +₹155 | 37.0% | ₹574 |
| 26 Sep 2026 | +₹155 | 37.0% | ₹574 |
| 25 Sep 2026 | +₹140 | 33.3% | ₹559 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
The latest grey market premium for Kusumgar Limited IPO is ₹155, which indicates an expected listing price of ₹574.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.