Kusumgar Ltd IPO opens July 8, 2026, closes July 10, 2026, and lists on July 15, 2026 on NSE, BSE. Price band: ₹398-₹419, lot size 35 shares (₹14,665 minimum). Latest GMP: +₹161 as of July 11, 2026, implying an estimated listing around ₹580 (38.4% above the ₹419 issue price). Subscribed 135.80x overall.
As of July 11, 2026, the grey market premium (GMP) for Kusumgar IPO is +₹161, implying an estimated listing price of ₹580 — a 38.4% premium to the ₹419 upper price band. GMP is an unofficial grey-market signal, not a SEBI-regulated price, and can move sharply before the July 15, 2026 listing.
✓Listed July 15, 2026 at ₹574 on BSE (+37.0% over ₹419 issue) and hit the 10% upper circuit at ₹631 on day 1
✓Overall issue subscribed 135.8x (QIB 299.5x, NII 174.3x, retail 28.0x) — very strong demand
✓Strong niche positioning in engineered fabrics for aerospace, defence and industrial applications
⚠Entirely offer-for-sale — no fresh capital to the company; the full ₹650 crore goes to the promoter family
⚠Niche engineered-fabrics business carries customer/contract concentration risk in defence and aerospace supply
About Kusumgar Ltd
Kusumgar Ltd manufactures woven, coated and laminated synthetic 'engineered fabrics' used in aerospace and defence (including parachute systems and rapid-deployment fabrics), industrial/automotive, and outdoor-lifestyle applications. The company was incorporated in 1990 and is promoted by the Kusumgar family.
What is the Kusumgar Ltd IPO subscription status?
As of July 11, 2026, Kusumgar IPO is subscribed 135.80x overall — QIB 299.51x, NII 174.28x, retail 27.97x. Strong QIB demand alongside a positive GMP is a more reliable signal than GMP alone.
Overall Subscription135.80x
QIB (Institutional)299.51x
NII (HNI)174.28x
Retail27.97x
How to apply for Kusumgar IPO
You apply for any IPO through a demat and trading account using UPI or ASBA during the bidding window. If you don't have one yet, you can open a demat account online in a few minutes. Some investors also keep a second demat account to submit an additional application under a different PAN in the household and improve allotment odds.
Disclosure: stoicHQ may earn a commission when you open a demat account through links on this page, at no extra cost to you. stoicHQ is not SEBI registered and does not provide investment advice; broker information is factual and for comparison only. Verify current charges on the broker's official site before opening an account.
How to check Kusumgar Ltd IPO allotment status
Kusumgar IPO allotment is expected on July 13, 2026. To check: open the registrar (Bigshare Services), select “Kusumgar IPO”, and enter your PAN, application number, or DP/Client ID. Refunds for unallotted applications begin July 14, 2026; shares are credited to demat by July 14, 2026.
Kusumgar IPO is scheduled to list on NSE, BSE on July 15, 2026. Based on the current grey market premium of ₹161, the estimated listing price is around ₹580 (38.4% gain versus the ₹419 upper price band). GMP is unofficial and can move sharply in the final days before listing.
Frequently Asked Questions
What is the Kusumgar Ltd IPO GMP today?
As of July 11, 2026, the grey market premium (GMP) for Kusumgar IPO is ₹161, implying an estimated listing around ₹580 (38.4% over the ₹419 upper price band). GMP is an unofficial, unregulated grey-market signal and can change sharply before listing.
What is the Kusumgar Ltd IPO subscription status?
Kusumgar IPO was subscribed 135.80x overall (QIB 299.51x, NII 174.28x, retail 27.97x). Subscription is a stronger demand signal than GMP alone — strong QIB subscription combined with positive GMP is the most reliable indicator.
When is Kusumgar Ltd IPO allotment date and how do I check it?
Kusumgar IPO allotment is expected on July 13, 2026. Check your allotment on the registrar's site (Bigshare Services, https://www.bigshareonline.com/ipo_allotment_status.aspx) using your PAN, application number, or DP/Client ID. Refunds begin July 14, 2026 and shares are credited to demat by July 14, 2026.
When is Kusumgar Ltd IPO listing date?
Kusumgar IPO is scheduled to list on NSE, BSE on July 15, 2026.
What is the lot size and minimum investment for Kusumgar Ltd IPO?
The lot size is 35 shares and the minimum retail investment is ₹14,665 at the upper price band of ₹398-₹419.
Should I apply to the Kusumgar Ltd IPO?
This is not investment advice. Positives: Listed July 15, 2026 at ₹574 on BSE (+37.0% over ₹419 issue) and hit the 10% upper circuit at ₹631 on day 1. Risks: Entirely offer-for-sale — no fresh capital to the company; the full ₹650 crore goes to the promoter family. Weigh GMP, subscription, valuation and use of proceeds together, and read the RHP before applying.
Get IPO GMP alerts by email
We notify you when high-GMP IPOs open for subscription. One email per IPO, no noise.