IPO Details

Kusumgar Limited IPO

Kusumgar Limited logo
Mainboard IPO
₹13,930

Minimum Investment

Exchange Listed · NSE / BSESEBI Regulated Issue

About Company

Company Name: Kusumgar Limited

Industry / Sector: Engineered Fabrics (Woven, Coated & Laminated Synthetic Fabrics)

Founded Year: 1990

Promoters: Yogesh Kantilal Kusumgar, Siddharth Yogesh Kusumgar, Sapna Siddharth Kusumgar, Siddharth Yogesh Kusumgar (HUF)

Kusumgar Ltd is a manufacturer of woven, coated, and laminated synthetic fabrics (engineered fabrics) primarily based on polyamide and polyester filaments using polyurethane chemistry. It has developed over 1,000 SKUs serving aerospace & defence, industrial & automotive, and outdoor & lifestyle segments. The company has expanded into finished products such as parachute systems, stealth materials, camouflage nets, and deployable shelters.

IPO Basic Details

Company NameKusumgar Limited
IPO TypeMainboard IPO
Price Band₹398 – ₹419
Lot Size35 Shares
Total Issue Size1,55,13,126 Equity Shares (₹650 Cr)

IPO Strengths & Risks

Strengths

  • High entry barriers market
  • Strong technical capabilities and unique solutions
  • Diversified presence across end-use segments
  • Long-standing customer relationships
  • Experienced promoters and professional management
  • Over 1,000 SKUs developed

Risks

  • Inconsistent top-line and bottom-line performance
  • Dependence on order book and defence/industrial demand
  • Debt levels
  • Execution risks on expansion

IPO Important Dates

IPO Open Date08 Jul 2026
IPO Close Date10 Jul 2026
Basis of Allotment13 Jul 2026
Refund Initiation14 Jul 2026
Demat Credit Date14 Jul 2026
Listing Date15 Jul 2026
Anchor Investor Date-
UPI Mandate Deadline-

IPO Objectives

  • Capital expenditure for machinery and equipment – -
  • Funding working capital requirements – -
  • Debt repayment – -
  • General corporate purposes – -

Investor Reservation

QIB QuotaNot more than 50% of the Net Offer
Retail QuotaNot less than 35% of the Net Offer
HNI Quota-
Employee QuotaUp to ₹5 Cr with ₹39 discount
Shareholder Quota-
Anchor Investor Allocation-

Market Lot Details

ApplicationLot SizeSharesAmount
Retail Minimum1 Lot35₹14,665
Retail Maximum---
S-HNI Minimum14 Lots490₹2,05,310
S-HNI Maximum---
B-HNI Minimum69 Lots2,415₹10,11,885

Key Performance Indicators (KPI)

ROE25.82% (Mar 2026)
ROCE24.76% (Mar 2026)
RoNW-
PAT Margin13.80% (Mar 2026)
EBITDA Margin27.15% (Mar 2026)
EPS9.35
NAV per share-
Debt to Equity0.44 (Mar 2026)
P/E Ratio-
Industry P/E-

Company Financial Data

PeriodAssetsTotal IncomePATEBITDANet WorthBorrowings
FY2026 (31 Mar 2026)₹905.07 Cr₹711.78 Cr₹98.20 Cr₹187.85 Cr₹502.95 Cr₹223.58 Cr
FY2025 (31 Mar 2025)₹632.40 Cr₹790.21 Cr₹111.99 Cr₹188.39 Cr₹257.75 Cr₹246.50 Cr
FY2024 (31 Mar 2024)₹584.74 Cr₹474.55 Cr₹84.40 Cr₹131.85 Cr₹140.36 Cr₹76.53 Cr

Grey Market Premium

GMP PriceNot Available
Kostak RateNot Available
Subject to SaudaNot Available
Last UpdatedJul 2026
Estimated Listing PriceTBA

IPO Subscription Data

Total SubscriptionPending
QIB (Ex Anchor)Pending
HNI SubscriptionPending
Retail SubscriptionPending
Anchor-

IPO Intermediaries

Registrar: Bigshare Services Pvt. Ltd.

Registrar Website: https://ipo.bigshareonline.com

IPO Lead Manager(s)

Axis Capital Ltd. (and others)

Company Information

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

Website: https://www.kusumgar.com/

Email: cs@kusumgar.com

Phone: +91 22 61125100

IPO Documents

Frequently Asked Questions (FAQ)

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