Kusumgar IPO Subscribed 3.64 Times on Day 1
5paisa Capital Ltd
- 2 min read
Last Updated: 9th July 2026 - 10:35 am
Kusumgar Limited's initial public offering (IPO) opened for subscription on July 8, 2026, recording an overall subscription of 3.64 times by 4:59 PM on Day 1. The ₹650.00 crore offer for sale, priced at ₹398 to ₹419 per share, received bids for 3,95,74,150 shares against 1,08,84,249 shares on offer, with total applications reaching 4,64,395.
Invest in Indian Markets and Unlock Future Potential With 5paisa!Subscription Status of Kusumgar IPO
| Date | QIB | NII | Retail | Employee | Total |
|---|---|---|---|---|---|
| Day 1 (July 8) | 0.50 | 7.72 | 3.71 | 1.79 | 3.64 |
Here are the subscription details for Kusumgar IPO Day 3, as of 5:04 PM:
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (₹ Cr.) |
|---|---|---|---|---|
| Anchor Investors | 1.00 | 46,28,877 | 46,28,877 | 193.95 |
| QIB (Ex-Anchor) | 0.50 | 30,81,634 | 15,36,010 | 64.36 |
| NII | 7.72 | 23,13,153 | 1,78,67,150 | 748.63 |
| Retail | 3.71 | 53,97,357 | 2,00,06,420 | 838.27 |
| Employee | 1.79 | 92,105 | 1,64,570 | 6.90 |
| Total | 3.64 | 1,08,84,249 | 3,95,74,150 | 1,658.16 |
Key Highlights – Day 1
- Overall subscription crossed full subscription strongly at 3.64 times on Day 1 (July 8, 2026), reflecting strong initial investor interest in this engineered fabrics IPO.
- Non-institutional investors led with strong demand at 7.72 times on the opening day, with sNII at 9.61 times and bNII at 6.78 times, reflecting strong HNI appetite for this aerospace, defence, and industrial fabrics company.
- Retail investors recorded strong participation at 3.71 times on Day 1.
- Employee category recorded 1.79 times, with employees eligible for a discount of ₹39 per share on the issue price.
- Qualified institutional buyers (ex-anchor) showed moderate participation at 0.50 times on Day 1.
- Anchor investors fully subscribed their allocation of ₹193.95 crores on July 7, 2026.
About Kusumgar Limited
Incorporated in 1990, Kusumgar Limited is a manufacturer of woven, coated, and laminated synthetic engineered fabrics based on polyamide and polyester filaments using polyurethane chemistry. The company serves aerospace and defence, industrial and automotive, and outdoor and lifestyle segments, offering over 1,000 unique fabric SKUs. It has expanded into finished products including parachute systems, stealth materials, camouflage nets, and deployable shelters for aerospace and military use.
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