Kusumgar's IPO is set to open on Wednesday, July 8, 2026. According to the RHP, the ₹650 crore issue consists entirely of an Offer for Sale (OFS) from the company's promoters

As the issue is purely an OFS with no fresh issue component, the entire proceeds will go to the selling promoters, and the company itself will not receive any funds from the IPO.

Investors will be able to subscribe to the issue between July 8 and July 10, 2026, with anchor investor bidding starting a day earlier, on July 7, 2026.

Once the subscription window closes, allotment is expected to be finalized on July 13, 2026, and the stock is tentatively slated to debut on both the NSE and BSE on July 15, 2026.

Kusumgar IPO - Issue Details

Issue Type: Book Building IPO (Fresh Issue + OFS)
Total Issue Size: Agg. up to ₹650.00 crore
Fresh Issue: Not Applicable
Offer for Sale (OFS): Agg. up to ₹650.00 crore
Face Value: ₹1 per equity share
Price Band: To be announced
Lot Size: To be announced
Minimum Investment Amount (Retail Investor): To be announced
Listing: BSE, NSE
Book Building Lead Managers: Axis Capital Limited, IIFL Capital Services Limited and Motilal Oswal Investment Advisors Limited
Registrar: Bigshare Services Private Limited

Kusumgar IPO Timeline (Tentative)

The expected IPO schedule is as follows:

Event	Date
Subscription Opening Date	08 July 2026
Subscription Closing Date	10 July 2026
Allotment Date	13 July 2026
Refund Date	14 July 2026
Credit of Shares	14 July 2026
Listing on BSE and NSE	15 July 2026

Note - The allotment and listing dates are tentative and may be revised.

Explore other Upcoming IPOs on BSE and NSE.

Kusumgar IPO Category-wise Investment Limits

The application size for each category is as follows:

Category	Investment Range
Qualified Institutional Buyers (QIBs)	Not more than 50% of the Net Issue
Non-Institutional Investors (NIIs)	Not less than 15% of the Net Issue
Retail Individual Investors (RII)	Not less than 35% of the Net Issue

Reservation for each investor category is as follows:

Investor Category	Limit
Retail Individual Investor (RII)	Up to ₹2 Lakhs
sNII (Minimum)	₹2 Lakhs to ₹10 Lakhs
bNII (Minimum)	Above ₹10 Lakhs
Employee	Up to ₹2 Lakhs

About Kusumgar Limited

Kusumgar Limited manufactures engineered fabrics, woven, coated and laminated synthetic textiles built around polyamide, polyester and polyurethane chemistry for aerospace and defence, industrial and automotive, and outdoor and lifestyle applications. It has also expanded into finished defence products like parachute systems, stealth solutions and rapid deployment systems.

The company operates across four segments, with Aerospace and Defence Fabrics as its largest revenue contributor, followed by Industrial and Automotive Fabrics, Aerospace and Defence Solutions, and Outdoor and Lifestyle Fabrics.

Key Financial Highlights

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