
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
Overall Subscription
135.76x
Total Demand
QIB Multiplier
299.51x
Institutions & Funds
NII / HNI
174.29x
High Net-Worth
Retail (RII)
27.88x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 3,081,634 | 922,968,200 | 299.51x |
| NIB | 2,313,153 | 403,148,725 | 174.29x |
| HNIs(10L +) | 1,542,102 | 292,078,395 | 189.40x |
| HNIs (2-10L) | 771,051 | 111,070,330 | 144.05x |
| RETAIL | 5,397,357 | 150,483,305 | 27.88x |
| EMPLOYEES | 92,105 | 1,021,580 | 11.09x |
| Total | 13,197,402 | 1,880,770,535 | 135.76x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 154,210 | 3,418,548 | 22.17x |
| EMPLOYEES | — | 16,947 | 0.00x |
| HNIs(10L +) | 3,147 | 117,412 | 37.31x |
| HNIs (2-10L) | 1,574 | 215,241 | 136.75x |
| Total Applications | 158,931 | 3,768,148 | 23.71x |
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 Kusumgar Limited IPO aggregate issue size is ₹1,55,13,126 Crores with an equity price band set at ₹398 to ₹419 per equity share. The retail lot size is 35 shares requiring a minimum capital outlay of approx. ₹14,665.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2026-07-13.