BY THE NUMBERS.
WHERE IT LANDED.
HOW FULL THE BUS GOT.
TICKET CLASSES.
HOW THE ISSUE IS BUILT.
The two legs send the money to different places: a fresh issue raises new capital for the company, while an offer for sale is existing shares being sold by existing shareholders, whose proceeds go to those sellers and not to the company.
ON THE DASHBOARD.
THE RUNNING RECORD.
WHO ELSE RUNS THIS LINE.
Notes: P/E Ratio has been computed based on the closing market price of equity shares on NSE on June 19, 2026, divided by the Diluted EPS as on March 31, 2026
WHO GETS WHICH SEATS.
Established in 1990, Kusumgar Ltd specializes in the manufacturing of engineered fabrics, including woven, coated, and laminated synthetic fabrics. The company's products are primarily made using polyamide and polyester filaments combined with polyurethane-based technologies, catering to high-performance industrial applications. As of March 31, 2025, Kusumgar Ltd had developed more than 1,000 unique stock keeping units (SKUs), establishing a strong presence in the functional and performance fabric market. Its products are supplied to a wide range of industries, including aerospace and defence, industrial and automotive, and outdoor and lifestyle applications. The company has also diversified its portfolio by manufacturing value-added aerospace and defence products such as parachute systems, stealth materials, camouflage solutions, and rapid deployment systems. Business Segments Aerospace & Defence Fabrics: Manufactures high-performance technical fabrics designed to meet stringent defence and aerospace standards. These materials are used in parachutes, tactical apparel, specialty equipment, stealth applications, and rapid deployment systems. Aerospace & Defence Solutions: Produces complete defence solutions, including parachute systems, camouflage nets, deployable shelters, and also provides maintenance and repair services for selected products. Industrial & Automotive Fabrics: Supplies engineered fabrics for industrial and automotive applications, including tapes, customized technical fabrics, mechanical rubber goods (MRG), and inflatable products. Outdoor & Lifestyle Fabrics: Offers performance fabrics for activewear and outdoor equipment. Its products are used in athleisure apparel, rainwear, winter clothing, backpacks, luggage, tents, and sleeping bags. Revenue Mix (FY 2025) Aerospace & Defence Fabrics contributed 48.06% of total revenue, followed by Aerospace & Defence Solutions at 28.81%, Industrial & Automotive Fabrics at 14.63%, Outdoor & Lifestyle Fabrics at 7.39%, while other businesses accounted for the remaining 1.11%. Manufacturing Footprint The company operates six manufacturing facilities across Gujarat and one fabrication unit in Uttar Pradesh, providing a strong production base to support its diversified product portfolio. As of March 31, 2025, Kusumgar Ltd employed a total workforce of 1,712 people, including 1,082 permanent employees. Key Competitive Strengths Operates in specialized markets characterized by high technological and entry barriers. Strong research, development, and engineering capabilities for delivering customized technical fabric solutions. Diversified product portfolio serving multiple end-use industries. Established long-term relationships with leading domestic and international customers. Led by experienced promoters and supported by a skilled professional management team.
ON THE ROSTER.
COMMON QUESTIONS.
What is the Kusumgar IPO price band?+
The indicative price band is ₹419 per share. The binding terms are the ones in the Red Herring Prospectus (RHP).
What is the lot size of the Kusumgar IPO?+
One lot is 35 shares. At the upper band of ₹419, one lot works out to ₹14,665.
How many lots can a retail investor apply for in the Kusumgar IPO?+
A retail application runs from 1 lot (35 shares, ₹14,665) up to 13 lots (455 shares, ₹1,90,645) — the most that fits under SEBI's ₹2 lakh retail ceiling.
What is the minimum HNI application in the Kusumgar IPO?+
A small-HNI (sHNI) application starts at 14 lots — 490 shares, ₹2,05,310. A big-HNI (bHNI) application starts at 69 lots — 2,415 shares, ₹10,11,885, above the ₹10 lakh boundary.
When does the Kusumgar IPO open and close?+
The issue opened on 08 Jul 2026 and closed on 10 Jul 2026. Dates can move — the registrar and the exchange notices are the record.
When is the Kusumgar IPO allotment?+
Allotment is scheduled for 13 Jul 2026. The basis of allotment is published by the registrar to the issue. BuyUnlistedShares does not accept, process or track IPO applications.
When did Kusumgar list?+
Listing took place on 15 Jul 2026 on NSE, BSE.
Where will Kusumgar be listed?+
Kusumgar is listed on NSE, BSE. It is a mainboard issue.
How large is the Kusumgar IPO?+
The issue size is ₹650.36 Cr — an offer for sale of ₹650 cr. Figures are indicative and subject to the RHP.
How was the Kusumgar IPO subscribed?+
The issue was subscribed 135.8× overall. By category: qib 299.51×, nii 174.28×, small hni 144.05×, big hni 189.4×, retail 27.97×. Subscription figures are as reported by the exchanges.
At what price did Kusumgar list?+
Kusumgar listed at ₹569, +35.8% against the issue price.
Who is the registrar for the Kusumgar IPO?+
The registrar to the issue is Bigshare Services Pvt.Ltd. (8657578989/8069219065/8069219060), ipo@bigshareonline.com.
Where can I check the Kusumgar IPO allotment status?+
Allotment status is published by the registrar on its own official portal: https://ipo.bigshareonline.com/IPO_Status.html. Use the registrar's site directly — BuyUnlistedShares does not ask for PAN, application numbers or any other applicant detail.
What is the P/E ratio of the Kusumgar IPO?+
The P/E ratio on file for this issue is 44.8, and the post-issue P/E is 44.8, stated as of 31 Mar 2026. A reported ratio is not a view on value.