Kusumgar IPO

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Price Band

398 – ₹419

Issue Size

650 Cr

Lot Size

35 shares

Min ₹14,665

Issue Dates

8 Jul 10 Jul 2026

Listing Date

15 Jul 2026

About Kusumgar Ltd.

Kusumgar Ltd. manufactures woven, coated and laminated synthetic engineered fabrics based on polyamide and polyester filaments using polyurethane chemistry. The company serves aerospace & defence, industrial & automotive, and outdoor & lifestyle segments. It also manufactures finished aerospace and military products including parachute systems, stealth materials, camouflage nets, deployable shelters and rapid deployment systems.

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IPO Details

Price Band₹398 – ₹419
Face Value₹1
Lot Size35 shares(Min ₹14,665)
Issue Size₹650 Cr
Fresh IssueTBA
Offer for Sale650 Cr
Listed OnBoth

Objects of the Issue

Carry out the Offer for Sale of equity shares by the Promoter Selling Shareholders and achieve the benefits of listing the Equity Shares on the Stock Exchanges.

Key Financial Metrics

EPS (Basic)

9.35

P/E Ratio

44.8x

ROE

25.82%

ROCE

24.76%

Debt / Equity

0.44

Financial Performance

Particulars (₹ Cr)FY26
Revenue711.78
EBITDA187.85
PAT98.2
Total Assets905.07
Net Worth502.95
Total Borrowings223.58

Valuation

Market Capitalisation

Pre-IPO₹4,399.14 Cr
Post-IPO₹4,399.14 Cr

P/E Ratio

Pre-IPO44.8x
Post-IPO44.8x

Promoter Holding

Pre-IPO90.48%
Post-IPO75.7%

Public Holding

Pre-IPO9.52%
Post-IPO24.3%

Lot Size & Allocation

Investment by Category

CategoryLot SizeMin InvestmentMax Investment
Retail (RII)35 shares₹14,665₹1,90,645

Reservation / Allocation

CategoryAllocationCut-off
QIB (Qualified Institutional Buyers)50%No
NII (Non-Institutional Investors)15%No
RII (Retail Individual Investors)35%Yes
Employee Quota0%Yes

Registrar & Lead Managers

Registrar

Bigshare Services Pvt. Ltd.

Lead Managers (3)

Axis Capital Ltd.
IIFL Capital Services Ltd.
Motilal Oswal Investment Advisors Ltd.

Important Dates

Issue Opens8 Jul 2026
Issue Closes10 Jul 2026
Anchor Bid Date7 Jul 2026
Allotment13 Jul 2026
Refund Initiation14 Jul 2026
Demat Credit14 Jul 2026
Listing Date15 Jul 2026

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