Kusumgar IPO Details
Kusumgar IPO Summary
Kusumgar IPO opens for subscription on 08 Jul 2026 and closes on 10 Jul 2026.The IPO will be listed on NSE, BSE with the tentative listing date set for 15 Jul 2026.
Kusumgar IPO price band has been fixed at ₹398 – ₹419 per share. The face value is ₹1 per share with a lot size of 35.
Kusumgar IPO total issue size comprises 1,55,13,126 shares (aggregating up to ₹650.00 Cr). Offer for Sale consists of 1,55,13,126 shares (aggregating up to ₹650.00 Cr). Pre-issue shareholding stands at 10,14,90,000, which will increase to 10,14,90,000 post-issue.
Kusumgar IPO carries a ₹161 (38.42%) GMP, reflecting investor sentiment.
Kusumgar IPO Lot Size :Retail Minimum is 1 lot (35 shares) amounting to ₹14,665. Retail Maximum is 13 lots (455 shares) amounting to ₹190,645. SHNI Minimum is 14 lots (490 shares) amounting to ₹205,310. SHNI Maximum is 68 lots (2,380 shares) amounting to ₹997,220. BHNI Minimum is 69 lots (2,415 shares) amounting to ₹1,011,885.
Kusumgar IPO Details
Kusumgar IPO Subscription
Kusumgar IPO Application Wise Breakup (Approx)
Kusumgar IPO Dates
- 08 Jul 2026Opening dateOpen
- 10 Jul 2026Closing dateClose
- 13 Jul 2026Allotment Date Allotment
- 14 Jul 2026Initiation of RefundsRefund
- 14 Jul 2026Credit of SharesCredit
- 15 Jul 2026Listing dateListing
Kusumgar IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 35 | ₹14,665 |
| Retail Maximum | 13 | 455 | ₹190,645 |
| SHNI Minimum | 14 | 490 | ₹205,310 |
| SHNI Maximum | 68 | 2380 | ₹997,220 |
| BHNI Minimum | 69 | 2415 | ₹1,011,885 |
Kusumgar IPO Reservation
Promoter Holding
Documents
Kusumgar IPO Valuations
Kusumgar Financial Information
| 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 |
| Amount in ₹ Crore | |||
About Kusumgar IPO
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:
- 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.
- 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.
- 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.
- 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.
Strength Of Kusumgar IPO
- We operate in markets with high entry barriers.
- Our technical capabilities allow us to develop and supply unique solutions for our customers.
- We have a diversified presence across multiple end-use segments, each of which has independent growth drivers.
- We have long-standing relationships with key customers.
- Our track record has given us access to technology and markets through partnerships.
- We have experienced and visionary Promoters supported by a professional management team. Our culture promotes innovation and quality.
Risk Of Kusumgar IPO
- The company derived 31.67%, 24.43% and 22.97% of its revenue from contracts with customers for Fiscal 2026 from the company Aerospace and Defence Fabrics, Industrial and Automotive Fabrics, and Aerospace and Defence Solutions market segments, respectively. If there is any decline in demand for aerospace and defence fabrics, industrial and automotive fabrics, and aerospace and defence solutions, it could has a material adverse effect on the company business, financial condition, results of operations and cash flows.
- The company top customer and its top 10 customers contributed 11.13% and 59.52%, respectively, of the company revenue from contracts with customers for Fiscal 2026. Any decrease in sales to such customers or the loss of such customers could has an adverse effect on its business, results of operations, financial condition and cash flows.
- All six of the company manufacturing facilities are in the state of Gujarat. Any significant social, political, economic or seasonal disruption, natural calamities or civil disruptions in Gujarat could has an adverse effect on its business, results of operations, financial condition and cash flows.
- The Company, Directors and Promoters are involved in certain legal and regulatory proceedings. Any adverse decision in such proceedings may has an adverse effect on its business, results of operations, financial condition and cash flows.
- The company incurred negative cash flows from operating activities in Fiscal 2025 and may continue to incur negative cash flows in the future. Continued negative cash flows from operating activities could adversely affect its business, results of operations, and financial condition.
- In order to get better pricing by buying in larger volumes, the company generally buy the primary materials its need from a few suppliers. For Fiscal 2026, the company cost of materials consumed purchased from its top 10 suppliers represented 51.42% of the company cost of materials consumed. Its has not entered into long-term agreements with these suppliers and if any of the company top 10 suppliers ceased selling its the materials the company requires in the quantities its need, and the company were unable to find a supplier to replace it, it could has a material adverse effect on its business, financial condition, results of operations and cash flows.
- Certain observations has been included in the Statutory Auditor's report on the company audited standalone financial statements for the years ended March 31, 2026, March 31, 2025 and March 31, 2024 as required under the Companies (Auditor's Report) Order, 2020.
- Any shortfall in the supply of materials or significant increases in material prices could has an adverse effect on the company business, results of operations, financial condition and cash flows.
- There has been certain instances of delays in payment of statutory dues by the company in the past. Any delay in payment of statutory dues by its in future could result in the imposition of penalties, which could has an adverse effect on the company financial condition, results of operation and cash flows.
- If the company is unable to respond to changing customer preferences in a timely and effective manner, it could has an adverse effect on its business, results of operations and financial condition.
Objectives Kusumgar IPO
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
2. Achieve the benefits of listing the Equity Shares on the Stock Exchanges
Company Contact Details
Kusumgar Ltd.
101, Manjushree, V.M. Road,
Corner of N.S. Road No. 5, JVPD Scheme
Vile Parle (West),
Mumbai, Maharashtra, 400056
Phone: + 91 22 6112 510
Email: cs@kusumgar.com
Website: https://www.kusumgar.com/
Registrar Contact Details
Kusumgar FAQs
The Kusumgar IPO is a MAINBOARD public issue comprising 15513126 equity shares with a face value of ₹1 each, aggregating to a total issue size of ₹650.00 Cr. The issue price has been fixed at ₹419 per equity share, and the minimum application size is 35 shares.
The IPO opens for subscription on 08 Jul 2026, and closes on 10 Jul 2026.
Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at ₹161 (38.42%).
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