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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Kusumgar Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹419
Per ShareLot Size
35 Shares
Minimum Investment
₹14,665
Issue Size
₹650 Cr
Face Value
₹1
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
89.44%
Promoter Holding (Post-Issue)
75.01%
Issue Type
Book Building
ISIN
INE0ISX01025
The Company is a manufacturer of woven, coated and laminated synthetic fabrics, referred to as engineered fabrics. It offers engineered fabrics and solutions focusing on polyamides and polyester filaments and polyurethane chemistry that cater to the high-performance requirements of its customers. Its expertise is manufacturing fabrics where critical performance parameters include tensile strength, tear strength, abrasion resistance, comfort, airpermeability, and water proofing, among others. It has leveraged its process knowledge and product development expertise to manufacture over 1,000 unique fabric configurations (referred to as stock keeping units, or "SKUs") as at March 31, 2026, to build a niche around synthetic functional and performance fabrics, addressing growing demand in the aerospace and defence, industrial and automotive, and outdoor and lifestyle segments.
The Company was originally incorporated as "Kusumgar Finstocks Private Limited" as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated June 15, 1990, issued by the Registrar of Companies, Maharashtra at Mumbai. The name of the Company was changed to "Kusumgar Corporates Private Limited" on account of takeover of proprietary concern of Kusumgar Corporates, pursuant to a resolution passed by its Board on August 5, 2008 and a special resolution passed by its Shareholders on September 12, 2008, and a fresh certificate of incorporation, consequent upon change of name was issued to the Company by the Registrar of Companies, Maharashtra at Mumbai, on November 21, 2008. Further, the name of the Company was changed to "Kusumgar Private Limited" on account of expansion of business, pursuant to a special resolution passed in the extraordinary general meeting of its Shareholders on February 8, 2024, and a fresh certificate of incorporation was issued to the Company by the Registrar of Companies, Central Processing Centre, Manesar on March 28, 2024 pursuant to change of name. Thereafter, the Company was converted into a public limited company pursuant to a special resolution dated December 27, 2024, passed in the extraordinary general meeting of its Shareholders, and consequently the name of the Company was changed to its present name i.e., "Kusumgar Limited" and a fresh certificate of incorporation dated January 28, 2025 was issued by the Registrar of Companies, Central Processing Centre, Manesar upon conversion to public company.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of 1,55,21,350 equity shares of face value of Rs. 1 each ("Equity Shares") of Kusumgar Limited (Formerly Known As Kusumgar Private Limited) ("Company" or "Issuer") for cash at a price of Rs. 419 per equity share (Including A Premium of Rs. 418 Per Equity Share) ("Offer Price") aggregating up to Rs. 650 Crore ("Offer") comprising an offer for sale of 1,00,29,180 equity shares ("Offered Shares") aggregating to Rs. 420 Crore by Siddharth Yogesh Kusumgar, 47,75,800 equity shares aggregating to Rs. 200 Crore by Sapna Siddharth Kusumgar and 7,16,370 equity shares aggregating to Rs. 30 Crore by Siddharth Yogesh Kusumgar Huf (the "Promoter Selling Shareholders", and such offer for sale by the promoter selling shareholders, the "Offer For Sale"). This offer includes a reservation of up to 92,105 equity shares aggregating up to Rs. 3.5 Crore (Constituting 0.08% Of The Post-Offer Paid-Up Equity Share Capital Of The Company) for subscription by eligible employees (the "Employee Reservation Portion"). The company, in consultation with the book running lead managers, offered a discount of Rs. 39 Per Equity Share to the offer price to eligible employees bidding under the employee reservation portion ("Employee Discount"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute 14.78% and 14.70%, respectively, of the post-offer paid-up equity share capital of the company. Price Band: Rs. 419/- per equity share of face value of Rs. 1 each. The floor price is 419 times of the face value. Bids can made for a minimum of 35 equity shares and in multiples of 35 equity shares thereafter. A discount of Rs. 39 per equity share is being offered to eligible employees bidding in the employee reservation portion.
*Subject to approvals and market conditions.
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*Real-time data subject to exchange updates
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.