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IPOs, NCDs, OFS, Rights Issues, Buyback and Stock Brokers

IPO Open

Wed, Jul 8, 2026

IPO Close

Fri, Jul 10, 2026

Price Band

To be declared

Market Cap (Pre-IPO)

To be declared

IPO Details

  • IPO Date
    8 to 10 Jul, 2026
  • Listing Date
    ₹1 per share
  • Price Band
    ₹1 per share
  • Price Band
  • Lot Size
  • Sale Type
    OFS only
  • Issue Type
    Bookbuilding IPO
  • Listing At
    BSE, NSE
  • Total Issue Size
    [.] shares (agg. up to ₹650 Cr)
  • Offer for Sale
    [.] shares of ₹1 (agg. up to ₹650 Cr)
  • Share Holding Pre Issue
    10,14,90,000 shares
  • Share Holding Post Issue
    10,14,90,000 shares

IPO Timetable (Tentative)

  • IPO Open
    Wed, Jul 8, 2026
  • Allotment
    Mon, Jul 13, 2026
  • Credit of Shares
    Tue, Jul 14, 2026
  • IPO Close
    Fri, Jul 10, 2026
  • Refund
    Tue, Jul 14, 2026
  • Listing
    Wed, Jul 15, 2026

Issue Reservation

Investor Category Shares Offered
QIB Shares Offered Not more than 50% of the Net Offer
Retail Shares Offered Not less than 35% of the Net Offer
NII Shares Offered Not less than 15% of the Net Offer

Investor Category Reservations

Category Limit Cut-off
RII Up to ₹2 Lakhs Yes
sNII ₹2 Lakhs – ₹10 Lakhs No
bNII Above ₹10 Lakhs No
Employee (EMP) Up to ₹5 Lakhs Yes
Employee + RII/NII Up to ₹5Lakhs (EMP) + RII/NII limits Yes (EMP/RII)

About Kusumgar Ltd.

Incorporated in 1990, Kusumgar Ltd is a manufacturer of woven, coated, and laminated synthetic fabrics known as engineered fabrics. Its products are based mainly on polyamide and polyester filaments, using polyurethane chemistry.

As of March 31, 2026, it has developed over 1,000 unique fabric types (SKUs), building a strong position in the synthetic functional and performance fabric space. Its products serve a wide range of industries, including aerospace and defence, industrial and automotive, and outdoor and lifestyle segments.

In recent years, the company has also expanded into finished products for aerospace and military use, such as parachute systems, stealth materials, and rapid deployment systems.

Business segments:

  1. Aerospace and Defence Fabrics: Create high-performance fabrics that meet strict aerospace and defence standards. These include materials for parachutes, tactical clothing, specialty gear, stealth systems, and rapid deployment systems.
  2. Aerospace and Defence Solutions: The company now also manufacture complete products like parachute systems, camouflage nets, and deployable shelters. We also offer maintenance and repair services for some customers.
  3. Industrial and Automotive Fabrics: It make fabrics for various industrial uses, including automotive. Its product lines include fabrics for tapes, custom applications, mechanical rubber goods (MRG), and inflatables.
  4. Outdoor and Lifestyle Fabrics: The company supplies performance fabrics for global activewear and gear markets. Its fabrics are used in athleisure, rainwear, winter wear, backpacks, luggage, tents, and sleeping bags.

 

As of March 31, 2026, it has a total workforce of 2077 employees.

Competitive Strengths

  • Operates in & high entry barriers market
  • Strong technical capabilities to develop and supply unique solutions
  • Diversified presence across multiple end-use segment
  • Long-standing relationships with key customer
  • Experienced and visionary Promoters supported by a professional management team

Company Financials (Restated)

Kusumgar Ltd.’s revenue decreased by 10% and profit after tax (PAT) dropped by 12% between the financial year ending with March 31, 2026 and March 31, 2025.

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 905.07 632.40 584.74
Total Income 711.78 790.21 474.55
Profit After Tax 98.20 111.99 84.40
EBITDA 187.85 188.39 131.85
NET Worth 502.95 257.75 140.36
Reserves and Surplus 491.05 247.60 138.37
Total Borrowing 223.58 246.50 76.53

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1 Carry out the Offer for Sale of [●] Equity Shares of face value of Rs 1 each, aggregating up to Rs 6,500 million by the Promoter Selling Shareholders
    320.00
  • 2 Achieve the benefits of listing the Equity Shares on the Stock Exchanges

Key Performance Indicator (KPI)

KPI Mar 31, 2026
ROE 25.82%
ROCE 24.76%
Debt/Equity 0.44
RoNW 25.82%
PAT Margin 13.80%
EBITDA Margin 27.15%
Pre IPO Post IPO
Promoter Holding 90.48%
Yogesh Kantilal Kusumgar, Siddharth Yogesh Kusumgar, Sapna Siddharth Kusumgar, Siddharth Yogesh Kusumgar (HUF)

IPO Registrar

Bigshare Services Pvt.Ltd.

  • 8657578989/8069219065/8069219060
  • ipo@bigshareonline.com
  • Visit Website

IPO Lead Manager(s)

  1. Axis Capital Ltd.  (Past IPO Performance)
  2. IIFL Capital Services Ltd.  (Past IPO Performance)
  3. Motilal Oswal Investment Advisors Ltd.  (Past IPO Performance)

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Kusumgar Ltd. Address
101, Manjushree, V.M. Road,
Corner of N.S. Road No. 5, JVPD Scheme
Vile Parle (West),
Mumbai, Maharashtra, 400056

IPO FAQs

Kusumgar IPO is a main-board IPO of 0 equity shares of the face value of ₹1 aggregating up to ₹650 Crores. The issue is priced at To be declared. The minimum order quantity is .

The IPO opens on Wed, Jul 8, 2026, and closes on Fri, Jul 10, 2026.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Angel One customers can apply online in Kusumgar IPO using UPI as a payment gateway. Angel One customers can apply in Kusumgar IPO by login into Angel OneConsole (back office) and submitting an IPO application form.

Steps to apply in Kusumgar IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Kusumgar IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

The Kusumgar IPO opens on Wed, Jul 8, 2026 and closes on Fri, Jul 10, 2026.

Kusumgar IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Kusumgar IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Kusumgar IPO will be done on Monday, July 13, 2026, and the allotted shares will be credited to your demat account by Tue, Jul 14, 2026. Check the Kusumgar IPO allotment status.

The Kusumgar IPO listing date is not yet announced. The tentative date of listing is Wed, Jul 15, 2026.

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