Kusumgar Limited
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₹155(36.99%)
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Kusumgar Limited's successfully transitioned to public market status with its listing on NSE, BSE on Jul 15, 2026. The IPO mobilized 1,55,13,126 Shares in cumulative capital, including TBD for corporate expansion and ₹650.00 Cr for shareholder liquidity management.
The public offering was conducted within the price parameters of ₹398 to ₹419, with minimum investment lots of 35 shares. subscription activity between Jul 08, 2026 and Jul 10, 2026 demonstrated market reception to the company's valuation and growth narrative.
The allotment process concluded on Jul 13, 2026, finalizing share distribution to successful bidders. The listing represents a transformational event, providing the company with enhanced market visibility, regulatory compliance framework, and access to diversified investor capital.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Kusumgar Ltd., incorporated in 1990, is a manufacturer of engineered synthetic fabrics made from polyamide and polyester, widely used in high-performance and functional applications. The company has developed over 1,000 fabric types and serves industries like aerospace and defence, automotive, industrial, and outdoor lifestyle. It not only produces specialized fabrics for parachutes, tactical gear, and industrial uses but has also expanded into manufacturing complete defence products such as parachute systems, camouflage nets, and deployable shelters, along with maintenance services. A significant portion of its revenue comes from aerospace and defence segments, highlighting its strong position in this space. With multiple manufacturing units in Gujarat and a fabrication facility in Uttar Pradesh, supported by a workforce of over 1,700 employees, the company continues to grow in both domestic and global markets.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Specialized Technical Textile Business: Focuses on coated and laminated fabrics used in industrial applications, creating a niche market position.
- Diverse Industrial Applications: Products are used across sectors like infrastructure, agriculture, and transportation, reducing reliance on a single segment.
- Established Manufacturing Experience: Long-standing presence with technical expertise supports consistent quality and client trust.
- Raw Material Price Sensitivity: Dependence on petrochemical-based inputs can impact margins due to price fluctuations.
- Working Capital Intensive: Requires continuous investment in inventory, production, and receivables, affecting cash flow.
- Competitive Industry Landscape: Faces competition from both domestic and global technical textile manufacturers, impacting pricing power.
- Yogesh Kantilal Kusumgar
- Siddharth Yogesh Kusumgar
- Sapna Siddharth Kusumgar
- Siddharth Yogesh Kusumgar HUF
Kusumgar Limited
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