
Kusumgar IPO is a book-built issue, aiming to raise ₹650.00 crore. The issue consists entirely of an offer for sale of 1,55,13,126 equity shares aggregating to ₹650.00 crore. The bidding window was open from July 8, 2026, to July 10, 2026, with the IPO allotment expected to be finalised on July 13, 2026. Kusumgar is scheduled to list on BSE and NSE on July 15, 2026.
The IPO was priced at ₹398–₹419 per share with a lot size of 35 shares. The public issue received bids for 1,47,80,85,420 shares against 1,08,84,249 shares available, resulting in an overall subscription of 135.80 times. Qualified Institutional Buyers (excluding Anchor Investors) led the response, subscribing 299.51 times their quota, followed by Non-Institutional Investors at 174.28 times and retail investors at 27.97 times.
Kusumgar's ₹650.00 crore IPO, priced at ₹398–₹419 per share, was subscribed 135.80 times overall. The IPO consists entirely of an offer for sale of 1,55,13,126 equity shares aggregating to ₹650.00 crore.
Bidding took place from July 8 to July 10, 2026, with the Kusumgar IPO allotment status expected on July 13, 2026. Retail investors subscribed 27.97 times, while Non-Institutional Investors subscribed 174.28 times. The company is expected to list on BSE and NSE on July 15, 2026.
The table below breaks down the Kusumgar IPO share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| QIB Shares Offered | 7710511 |
| − Anchor Investor Shares Offered | 4628877 |
| − QIB (Ex. Anchor) Shares Offered | 3081634 |
| NII (HNI) Shares Offered | 2313153 |
| − bNII > ₹10L | 1542102 |
| − sNII < ₹10L | 771051 |
| Retail Shares Offered | 5397357 |
| Employee Shares Offered | 92105 |
| Total Shares Offered | 15513126 |
Data Source: NSE
| Category | Subscription (times) |
| Qualified Institutional Buyers | 299.51 |
| Non-Institutional Investors | 174.28 |
| Retail Individual Investors | 27.97 |
| Employees | 11.09 |
| Total shares | 135.8 |
Note: The subscription details are as of July 10, 2026
Kusumgar Limited, incorporated in 1990, manufactures woven, coated and laminated synthetic fabrics, commonly known as engineered fabrics. The company's products are primarily based on polyamide and polyester filaments using polyurethane chemistry. As of March 31, 2026, it had developed more than 1,000 unique fabric types (SKUs), establishing a strong presence in the synthetic functional and performance fabrics market.
The company serves a wide range of industries through its engineered fabric portfolio, including aerospace and defence, industrial and automotive, and outdoor and lifestyle segments. In recent years, Kusumgar has expanded beyond fabric manufacturing into finished aerospace and military products such as parachute systems, stealth materials and rapid deployment systems, strengthening its position across specialised end-use markets.
Kusumgar operates through four key business segments. Its Aerospace and Defence Fabrics division manufactures high-performance fabrics for parachutes, tactical clothing, speciality gear, stealth systems and rapid deployment systems. The Aerospace and Defence Solutions segment produces complete products including parachute systems, camouflage nets and deployable shelters, while also providing maintenance and repair services. The Industrial and Automotive Fabrics division caters to applications such as tapes, mechanical rubber goods, inflatables and customised industrial fabrics, whereas the Outdoor and Lifestyle Fabrics segment supplies performance fabrics used in activewear, rainwear, winter wear, backpacks, luggage, tents and sleeping bags.
The company benefits from strong technical capabilities, diversified exposure across multiple end-use industries and long-standing customer relationships. Supported by an experienced promoter group and professional management team, Kusumgar continues to strengthen its position in high-entry-barrier markets. As of March 31, 2026, the company employed a workforce of 2,077 people.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jul 10, 2026, 6:07 PM IST

Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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