
The allotment status for the ₹650.00 crore Kusumgar IPO is anticipated to be announced today, July 13, 2026. Investors can check their IPO allotment status on the official websites of the NSE, BSE, and the IPO registrar, Bigshare Services Private Limited.
Following the completion of the allotment process, the shares are tentatively to be listed on the NSE and BSE on July 15, 2026.
Explore other Upcoming IPOs on BSE and NSE.
[July 10, 2026, 7:00 PM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
284.10x |
|
Non-Institutional Investors (NIIs) |
165.46x |
|
Retail Individual Investors (RIIs) |
26.47x |
|
Total |
128.85x |
According to media reports, the Kusumgar IPO was commanding a Grey Market Premium (GMP) of around ₹160 per share over its issue price.
Kusumgar Limited manufactures engineered fabrics, including woven, coated, and laminated synthetic textiles, using polyamide, polyester, and polyurethane-based materials. These products cater to industries such as aerospace and defence, industrial and automotive applications, and outdoor and lifestyle markets. The company has also diversified into finished defence solutions, including parachute systems, stealth technologies, and rapid deployment systems.
Kusumgar operates through four business segments, with Aerospace and Defence Fabrics contributing the largest share of revenue. The other segments include Industrial and Automotive Fabrics, Aerospace and Defence Solutions, and Outdoor and Lifestyle Fabrics.
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from Operations |
692.03 |
788.99 |
467.91 |
|
Profit After Tax |
98.20 |
111.98 |
84.39 |
|
EBITDA |
187.85 |
188.38 |
131.84 |
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