Kusumgar IPO GMP Today: Price Band, Dates, Financials & Listing Details
Kusumgar IPO will open for subscription on 8 July 2026 with a price band of ₹398 to ₹419 per share. Check the latest Kusumgar IPO GMP, issue details, lot size, financial performance, reservation and listing date.
Kusumgar IPO GMP Overview: Kusumgar IPO, worth ₹650.00 Cr, will open for subscription from 8 July to 10 July 2026. Kusumgar allotment is expected on 13 July and shares are likely to be listed on BSE & NSE on 15 July 2026. Price band for Kusumgar IPO is set between ₹398 to ₹419
Kusumgar IPO: Incorporated in 1990, Kusumgar manufactures engineered synthetic fabrics used across aerospace and defence, automotive, industrial, outdoor and lifestyle sectors. The company is coming up with a ₹650 crore IPO, which will be entirely an OFS. Here are the key details of the Kusumgar IPO.
Kusumgar IPO Details
Here are the listing dates and important details investors should know about the upcoming IPO in July.
-
Kusumgar IPO is worth ₹₹650 cr and is entirely an OFS.
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Kusumgar ipo will open for subscription on 8 July 2026 and close on 10 July 2026. And the price band is set between ₹398 to ₹419
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Kusumgar IPO’s allotment is likely to take place on 13 July 2026 and the shares are expected to be listed on BSE and NSE on 15 July 2026.
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Promoters currently hold 90.48%, which will come down after the listing.
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Bigshare Services will be the registrar for the Kusumgar IPO.
|
Parameter |
Detail |
|---|---|
|
IPO Open Date |
8 July 2026 |
|
IPO Close Date |
10 July 2026 |
|
Expected Allotment Date |
13 July 2026 |
|
Expected Listing Date |
15 July 2026 (BSE & NSE) |
|
Price Band |
₹398 - ₹419 per share |
|
Lot Size |
35 shares |
|
Minimum Investment |
₹13,930 |
|
Fresh Issue |
- |
|
Offer for Sale (OFS) |
₹650.00 |
|
Total Issue Size |
₹650.00 |
Kusumgar IPO GMP Today
Kusumgar IPO GMP today (11th July 2026) stands at ₹162, up 38.66% from its upper price band of ₹419 (as per investor gain) in the grey market. GMP figures change daily based on market sentiment and demand for the IPO.
GMP figures are for news purposes only. We neither trade nor recommend trading in grey market.
Investors should note grey market premium is unofficial & not regulated by SEBI. GMP reflects only informal market trends and should not be considered a reliable indicator of listing gains.
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Kusumgar IPO Subscription Day 3
Overall, Kusumgar IPO subscribed 3.68 times on Day 1, as of 6:10 PM.
Overall, Kusumgar IPO subscribed 13.91 times on Day 2, as of 8:10 PM.
Overall, Kusumgar IPO subscribed 135.57 times on Day 3, as of 4:40 PM.
|
Date |
QIB (Ex Anchor) |
NII |
Retail |
Total |
|---|---|---|---|---|
|
8 July (Day 1) |
0.50 |
7.77 |
3.77 |
3.68 |
|
9 July (Day 2) |
2.30 |
38.71 |
10.08 |
13.91 |
|
10 July (Day 3) |
299.51 |
174.08 | 27.60 |
135.57 |
Source: NSE., as of 10 July 2026, 4:40 PM
About Kusumgar IPO
Incorporated in 1990, Kusumgar Ltd manufactures specialised fabrics used in aerospace, defence, automobiles and industrial products, as well as outdoor and lifestyle products. As of 31 March 2026, the company had developed more than 1,000 types of fabrics.
The company also makes products for aerospace and military use, including parachute systems, stealth materials and rapid deployment systems. As of 31 March 2026, Kusumgar had 2,077 employees.
Kusumgar IPO Reservation
For Kusumgar IPO, 35% of the issue has been reserved for retail investors. The table below shows the allocation across different investor categories.
|
Investor Category |
Shares Offered |
|---|---|
|
QIB Investors |
50% |
|
Retail Investors |
35% |
|
NII (HNI) Investors |
15% |
Kusumgar IPO Lot Size
Retail investors can apply for a minimum of 1 lot, which includes 35 shares costing ₹14,665 Maximum investment allowed for retail investors is 13 lots, which totals 455 shares and costs ₹1,90,645.
|
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 |
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Kusumgar IPO Financial Performance
Kusumgar IPO reported a PAT of ₹98 Cr as of 31 March 2026, and in FY24 reported ₹84 Cr. Over the past 3 years, the company’s PAT and PAT margin have been growing continuously with some fluctuations. All financial details are provided in the table below.
|
Period Ended |
31 Mar 2026 |
31 Mar 2025 |
31 Mar 2024 |
|---|---|---|---|
|
Revenue from Ops (₹ Cr) |
692.00 |
778.91 |
467.91 |
|
Total Income (₹ Cr) |
711.78 |
790.21 |
474.55 |
|
EBITDA (₹ Cr) |
187.85 |
188.39 |
131.85 |
|
EBITDA Margin (%) |
27.15 |
24.18 |
28.18 |
|
PAT (₹ Cr) |
98.20 |
111.99 |
84.40 |
|
PAT Margin (%) |
13.80 |
14.17 |
17.78 |
|
ROE (%) |
25.82 |
56.26 |
86.13 |
|
ROCE (%) |
24.76 |
42.89 |
55.87 |
Source: Kusumgar IPO RHP
Kusumgar IPO Peer Comparison from RHP
Kusumgar IPO has a lower EPS than its peers. Higher EPS is always considered better. Below is a brief comparison of Kusumgar's IPO.
|
Company |
Total Revenue for 31 Mrach 2026 (₹ in cr) |
EPS (Diluted, ₹) |
P/E (x) |
|---|---|---|---|
|
Kusumgar IPO |
6,920.03 |
9.31 |
- |
|
Garware Technical Fibres |
15,287.86 |
20.01 |
39.80 |
|
Arvind |
93,031.90 |
15.79 |
32.72 |
|
Srf |
157,865.10 |
61.91 |
43.77 |
As of 31 March 2026
Conclusion
Kusumgar IPO is seeing strong interest in the grey market ahead of its opening on 8 July 2026. The company has reported healthy profit margins, although its revenue and profit declined in FY26 compared with FY25.
Before applying, you should look beyond the current GMP and compare the company's valuation, financial performance and business risks with its listed peers. As the entire ₹650 crore IPO is an OFS, the company will not receive any funds from the issue.