Kusumgar IPO Details, Financials, Valuation & Peers
Explore Kusumgar IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Incorporated in 1990, Kusumgar Ltd is a manufacturer of woven, coated, and laminated synthetic fabrics—known as engineered fabrics. Its products are based mainly on polyamide and polyester filaments, using polyurethane chemistry.
As of March 31, 2025, it has developed over 1,000 unique fabric types (SKUs), building a strong position in the synthetic functional and performance fabric space. Its products serve a wide range of industries, including aerospace and defence, industrial and automotive, and outdoor and lifestyle segments.
In recent years, the company has also expanded into finished products for aerospace and military use, such as parachute systems, stealth materials, and rapid deployment systems.
Business segments:
- Aerospace and Defence Fabrics: Create high-performance fabrics that meet strict aerospace and defence standards. These include materials for parachutes, tactical clothing, specialty gear, stealth systems, and rapid deployment systems.
- Aerospace and Defence Solutions: The company now also manufacture complete products like parachute systems, camouflage nets, and deployable shelters. We also offer maintenance and repair services for some customers.
- Industrial and Automotive Fabrics: It make fabrics for various industrial uses, including automotive. Its product lines include fabrics for tapes, custom applications, mechanical rubber goods (MRG), and inflatables.
- Outdoor and Lifestyle Fabrics: The company supplies performance fabrics for global activewear and gear markets. Its fabrics are used in athleisure, rainwear, winter wear, backpacks, luggage, tents, and sleeping bags.
Segment-wise Revenue: In FY 2025, 48.06% of revenue was derived from Aerospace and Defence Fabrics, followed by Aerospace and Defence Solution with 28.81% contribution, Industrial and Automotive Fabrics 14.63%, Outdoor and Lifestyle Fabrics 7.39%, and others contributing 1.11%.
Manufacturing facility: Six manufacturing facilities in Gujarat, India and one fabrication unit in Uttar Pradesh, India.
As of March 31, 2025, it has a total workforce of 1,712 employees with 1,082 permanent employees.
Competitive Strengths
- Operates in & high entry barriers market
- Strong technical capabilities to develop and supply unique solutions
- Diversified presence across multiple end-use segment
- Long-standing relationships with key customer
- Experienced and visionary Promoters supported by a professional management team
Objects of the Issue
- Carry out the Offer for Sale of [●] Equity Shares of face value of Rs 1 each, aggregating up to Rs 6,500 million by the Promoter Selling Shareholders
- Achieve the benefits of listing the Equity Shares on the Stock Exchanges
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 08 Jul - 10 Jul 2026 |
| IPO Price Band | ₹398 - ₹419 per share |
| Fresh Issue | |
| Offer For Sale | ₹650.00 crore |
| Total IPO Size | ₹650.00 crore |
| Face Value | ₹1 |
| Listing On | BSE, NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 08 Jul 2026 |
| IPO Closing Date | 10 Jul 2026 |
| Basis Of Allotment | 13 Jul 2026 |
| Refunds | 14 Jul 2026 |
| Demat Transfer | 14 Jul 2026 |
| IPO Listing Date | 15 Jul 2026 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|
| Assets | 584.74 | 632.40 | 905.07 |
| Total Income | 474.55 | 790.21 | 711.78 |
| Profit After Tax | 84.40 | 111.99 | 98.20 |
| EBITDA | 131.85 | 188.39 | 187.85 |
| NET Worth | 140.36 | 257.75 | 502.95 |
| Reserves and Surplus | 138.37 | 247.60 | 491.05 |
| Total Borrowing | 76.53 | 246.50 | 223.58 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|
| Kusumgar Ltd. | 45.01 | 9.31 | 25.82% | 49.56 |
| Srf Ltd | 43.77 | 61.91 | 13.76% | 473.74 |
| Arvind Ltd | 32.72 | 15.79 | 10.91% | 154.47 |
| Garware Technical Fibres Ltd | 39.8 | 20.01 | 15.29% | 136.44 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Qualified Institutional Buyer (QIB) | Not more than 50% of the Net Offer |
| Non-Institutional Investor (NII/HNI) | Not less than 15% of the Net Offer |
| Retail Individual Investor (RII) | Not less than 35% of the Net Offer |
Subscription Data from NSE and BSE
As the issue has not yet opened, subscription data is unavailable. However, you can view subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Lead Managers
- 1Motilal Oswal Investment Advisors Ltd.
- 2IIFL Capital Services Ltd.
- 3Axis Capital Ltd.
Company Address
Kusumgar Ltd.101, Manjushree, V.M. Road,
Corner of N.S. Road No. 5, JVPD Scheme
Vile Parle (West),
Mumbai, Maharashtra – 400056
Website: https://www.kusumgar.com/
Phone: + 91 2261125100
Email: cs@kusumgar.com
FAQs
- What is the issue size of the Kusumgar IPO?The Kusumgar IPO has an issue size of ₹650.00 crore. This includes a fresh issue of null and an offer for sale (OFS) of ₹650.00 crore.
- What is the price band of the Kusumgar IPO?The price band for the Kusumgar IPO is ₹398 - ₹419 per share.
- What are the bidding dates for the Kusumgar IPO?The Kusumgar IPO will open for bidding on 08 Jul 2026 and close on 10 Jul 2026.
- What is the allotment date for the Kusumgar IPO?The allotment date for the Kusumgar IPO is 13 Jul 2026.
- What is the listing date for the Kusumgar IPO?The listing date for the Kusumgar IPO is 15 Jul 2026.
- What is the Kusumgar IPO grey market premium?The grey market premium (GMP) for the Kusumgar IPO is currently at ₹135, with an expected listing gain of approximately 32.22%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.