Kusumgar IPO
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Kusumgar IPO details
Schedule of Kusumgar
| Issue open date | 08 Jul 2026 |
| Issue close date | 10 Jul 2026 |
| UPI mandate deadline | 10 Jul 2026 (5 PM) |
| Allotment finalization | 13 Jul 2026 |
| Refund initiation | 14 Jul 2026 |
| Share credit | 14 Jul 2026 |
| Listing date | 15 Jul 2026 |
| Mandate end date | 25 Jul 2026 |
| Lock-in end date for anchor investors (50%) | 11 Aug 2026 |
| Lock-in end date for anchor investors (remaining) | 10 Oct 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Kusumgar
Kusumgar Limited manufactures technical textile fabrics and solutions for aerospace, defence, automotive, industrial, and outdoor applications. It operates across four segments: Aerospace and Defence Fabrics, Aerospace and Defence Solutions, Industrial and Automotive Fabrics, and Outdoor and Lifestyle Fabrics. The company manages the entire manufacturing process in-house, from yarn selection to coating, lamination and finishing. It also uses materials such as polyurethane, TPU, silicone and PTFE to produce specialised performance fabrics for demanding applications.
Financials of Kusumgar
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Total issue size | 650 |
| Offer for sale – Proceeds go to the existing investors | 650 |
Strengths
- Operates across multiple technical textile segments, including aerospace, defence, industrial, automotive, and outdoor fabrics.
- Has integrated manufacturing capabilities covering weaving, coating, lamination, and finishing processes.
- Develops customised engineered fabric solutions to meet specific customer requirements.
- Entry barriers in its industry include specialised certifications, regulatory approvals, and long customer qualification cycles.
- Focuses on research, product development, and introducing new products to support business growth.
Risks
- A large share of revenue comes from the aerospace, defence, industrial, and automotive fabric segments, making the business dependent on these markets.
- Loss of major customers could significantly impact revenue, as the top 10 customers contributed 59.52% of FY2026 revenue.
- The company depends on a limited number of suppliers and does not have long-term supply agreements.
- Most manufacturing facilities are located in Gujarat, exposing operations to regional disruptions.
- The company generally does not have long-term sales agreements with customers, creating demand uncertainty.
Allotment Status for Kusumgar
To check your IPO allotment status:
- Visit the Bigshare Services IPO Application Status page.
- Select the company name from the dropdown menu.
- Select and enter one of the following: PAN, Application Number, DP/Client ID, or Account Number/IFSC.
- Click Submit to view your allotment status
Subscription Figures for Kusumgar
Grey Market Premium (GMP) is an unofficial and unregulated metric that may not accurately reflect investor interest. Instead, investors should refer to the IPO subscription data published by the stock exchanges, which is a more reliable indicator of demand.
Subscription numbers as of 05:00 PM on July 10, 2026:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| Institutional | 32.49 | 9229.68 | 284.10 |
| NII | 24.37 | 4031.42 | 165.46 |
| Retail | 56.85 | 1504.76 | 26.47 |
| Employees | 0.97 | 10.22 | 10.48 |
| Total | 114.68 | 14776.08 | 128.85 |