Kusumgar IPO
Kusumgar IPO Details
-
Open Date
08 Jul 2026
-
Close Date
10 Jul 2026
- IPO Price Range
₹ 398 to ₹419
- IPO Size
₹ 650 Cr
Kusumgar IPO Timeline
Last Updated: 03 July 2026 5:21 PM by 5paisa
Kusumgar Ltd manufactures engineered synthetic fabrics using polyamide and polyester filaments with polyurethane chemistry. As of March 2026, it had developed over 1,000 fabric variants serving aerospace, defence, automotive, industrial, and outdoor applications. The company also produces finished defence solutions, including parachute systems, stealth materials, camouflage nets, and deployable shelters, while supplying performance fabrics for activewear, rainwear, luggage, tents, sleeping bags, and other specialised end uses.
Established in: 1990
Managing Director: Siddharth Yogesh Kusumgar
Peers:
| Metric |
Kusumgar Limited |
Garware Technical Fibres Limited |
Arvind Limited |
SRF Limited |
|---|---|---|---|---|
| Revenue from operations | 692.00 | 1528.79 | 9303.19 | 15786.51 |
|
Face Value |
1 | 10 | 10 | 10 |
|
Closing price on June 19, 2026 |
NA | 796.40 | 516.60 | 2709.80 |
| P/E | - | 39.80 | 32.72 | 43.77 |
| EPS (Basic) | 9.68 | 20.01 | 15.80 | 61.91 |
| EPS (Diluted) | 9.31 | 20.01 | 15.79 | 61.91 |
| RONW% | 25.82 | 15.29 | 10.91 | 13.76 |
| NAV | 49.56 | 136.44 | 154.47 | 473.74 |
Kusumgar Objectives
1. Carry out the Offer for Sale of [●] Equity Shares of face value of ₹ 1 each, aggregating up to Rs 6,500 million by the Promoter Selling Shareholders
2. Achieve the benefits of listing the Equity Shares on the Stock Exchanges
Kusumgar IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹650.00 Cr |
| Offer For Sale | ₹650.00 Cr |
| Fresh Issue | - |
Ksumgar IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 35 | 13,930 |
| Retail (Max) | 13 | 455 | 1,90,645 |
| S - HNI (Min) | 14 | 490 | 1,95,020 |
| S - HNI (Max) | 68 | 2,380 | 9,97,220 |
| B - HNI (Min) | 69 | 2,415 | 9,61,170 |
| Particulars (In ₹ Crores) | FY24 | FY25 | FY26 |
| Revenue | 467.91 | 778.10 | 692.00 |
| EBITDA | 131.85 | 188.39 | 187.85 |
| PAT | 84.40 | 111.99 | 98.20 |
| Particulars (In ₹ Crores) | FY24 | FY25 | FY26 |
| Total Assets | 584.74 | 632.40 | 905.07 |
| Share Capital | 1.99 | 10.15 | 11.90 |
| Total Liabilities | 444.38 | 374.65 | 402.12 |
| Cash Flows (₹ Crores) | FY24 | FY25 | FY26 |
| Net Cash Generated From / (used in) Operating Activities | 200.96 | -154.98 | 28.26 |
| Net Cash Generated From / (used in) Investing Activities | -199.58 | 2.06 | -102.66 |
| Net Cash Generated From / (used in) Financing Activities | 21.18 | 150.75 | 69.75 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 22.57 | -2.17 | -4.66 |
Strengths
1. Diverse portfolio with over 1,000 engineered fabric variants.
2. Strong presence across aerospace, defence and industrial markets.
3. Advanced polyurethane coating and lamination manufacturing capabilities.
4. Expanding into higher-value finished defence solutions successfully.
Weaknesses
1. Significant dependence on synthetic polymer raw materials.
2. Capital-intensive manufacturing requiring continuous technology investments.
3. Defence business exposed to lengthy procurement cycles.
4. Limited diversification beyond specialised engineered fabric markets.
Opportunities
1. Rising defence spending supporting advanced textile demand globally.
2. Growing adoption of technical textiles across industries.
3. Increasing export opportunities for specialised performance fabric products.
4. Expansion into innovative aerospace and mobility applications.
Threats
1. Volatile raw material prices impacting operating margins.
2. Intense competition from domestic and international manufacturers.
3. Regulatory changes affecting defence procurement and exports.
4. Economic slowdown reducing industrial and consumer demand.
1. Strong presence across high-growth technical textile segments.
2. Diversified portfolio serving multiple end-use industries globally.
3. Expanding defence solutions business enhances revenue opportunities.
4. Established manufacturing expertise with continuous product innovation.
Kusumgar operates in India's expanding technical textiles industry, supported by increasing demand from aerospace, defence, automotive and performance apparel sectors. The company's focus on engineered fabrics and value-added defence solutions positions it to benefit from rising government defence spending, growing exports and broader adoption of advanced materials. Its diversified product portfolio, continuous product development and specialised manufacturing capabilities provide opportunities for sustainable long-term growth.
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FAQs
Kusumgar IPO opens from July 8, 2026, to July 10, 2026.
The size of the Kusumgar IPO is ₹650.00 Cr.
The price band of Kusumgar IPO is fixed at ₹398 to ₹419 per share.
To apply for Kusumgar IPO, follow the steps given below:
● Login to your 5paisa demat account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for theKusumgar. IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Kusumgar IPO is 35 shares and minimum investment is ₹ 13,930.
The share allotment date of Kusumgar IPO is July 13, 2026
The Kusumgar IPO will likely be listed on July 15, 2026.
The Kusumgar IPO will likely be listed on July 15, 2026.
Axis Capital Ltd is the book running lead managers for Kusumgar IPO.
Kusumgar IPO plans to utilise the raised capital from the IPO for:
1. Carry out the Offer for Sale of [●] Equity Shares of face value of ₹ 1 each, aggregating up to Rs 6,500 million by the Promoter Selling Shareholders
2. Achieve the benefits of listing the Equity Shares on the Stock Exchanges