Kusumgar IPO
Kusumgar IPO — dates, price band, GMP & allotment.
Timetable
Issue Summary
| Price Band | ₹398-419 |
| Face Value | ₹1 |
| Lot Size | 35 Shares |
| Issue Size | ₹650 Cr |
| Sale Type | OFS only |
| Listing On | BSE, NSE |
| NSE Symbol | KUSUMGAR.BO |
| BSE Scrip Code | 7816 |
| Min Investment | ₹14,665 |
Reservation
What Will It Cost Me?
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 35 | ₹14,665 |
| Retail (Max) | 13 | 455 | ₹190,645 |
| S-HNI (Min) | 14 | 490 | ₹205,310 |
| B-HNI (Min) | 69 | 2,415 | ₹1,011,885 |
Strengths & Risks
Strengths
- Over 30 years of experience in the technical textiles industry supports strong market credibility.
- A diversified product portfolio helps reduce dependence on any single product category.
- Presence across defence, aerospace, automotive and industrial sectors provides multiple growth opportunities.
- Integrated manufacturing capabilities enable customised and high-value product offerings.
- Long-standing customer relationships contribute to stable and recurring business.
Risks
- Volatility in raw material prices can impact the company's profit margins.
- Dependence on key customers may affect revenue if major orders decline.
- Intense competition from domestic and global players may pressure market share and pricing.
- Slowdown in end-user industries could adversely affect demand for the company's products.
- Changes in regulatory and environmental compliance requirements may increase operating costs.
Valuation & Key Ratios
Financials (Rs. Crore)
| Metric | 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 |
About The Company
Kusumgar Limited is a Mumbai-based textile manufacturing company with a legacy spanning more than three decades. Established in 1990, the company has built a strong reputation in the field of technical and engineered textiles. The business was founded and is promoted by the Kusumgar family, which has played a key role in expanding the company’s product portfolio and strengthening its position in specialised fabric manufacturing. Over the years, Kusumgar has focused on innovation, quality standards and customised solutions for industrial applications.
The company manufactures a wide range of woven, coated, laminated and specialty fabrics used across defence, aerospace, automotive, healthcare, outdoor equipment and industrial sectors. Its business model is centred on developing high-performance textile solutions tailored to customer requirements, supported by in-house manufacturing and research capabilities. By serving both domestic and international markets and maintaining long-term relationships with institutional and industrial clients, Kusumgar generates revenue through the supply of value-added technical textile products.
Company & Registrar
Subscription By Category
| Category | Subscribed | Shares Offered | Shares Bid For |
|---|---|---|---|
| Qualified Institutional Buyers (QIB) | 299.51× | 3,248,743 | — |
| Non-Institutional Investors (NII) | 174.28× | 2,436,558 | — |
| Retail Individual Investors (RII) | 27.97× | 5,685,302 | — |
| Employee | 11.09× | 97,491 | — |
| Total | 135.8× | 11,468,094 | — |
GMP History
| Date | GMP | % Over Issue Price |
|---|
Anchor Investors
| Investor | Category | Shares Allotted | Value |
|---|
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