Kusumgar Limited

Total Issue Size

₹650 Cr

1,55,21,350 shares

Fresh Issue

₹0 Cr

Offer for Sale

₹650 Cr

1,55,21,350 shares

Face Value

₹1 per share

Issue Type

Book-built IPO

Listing At

BSE, NSE

Shares Pre-Issue

10,49,91,372

Shares Post-Issue

10,49,91,372

1. Offer opens

   8 Jul 2026

2. Offer closes

   10 Jul 2026

3. Allotment

   13 Jul 2026

4. Listing

   15 Jul 2026

• Anchor29.8%46,28,877 shares
• QIB19.9%30,85,919 shares
• HNI14.9%23,14,439 shares
• Retail34.8%54,00,358 shares
• Employee0.6%92,105 shares

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, 2026, 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. As of March 31, 2026, it has a total workforce of 2077 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

• <p>Yogesh Kantilal Kusumgar
• Siddharth Yogesh Kusumgar
• Sapna Siddharth Kusumgar
• Siddharth Yogesh Kusumgar (HUF)</p>

Book running lead managers

• Axis Capital Ltd.
• IIFL Capital Services Ltd.
• Motilal Oswal Investment Advisors Ltd.

Registered office

101, Manjushree, V.M. Road,, Corner of N.S. Road No. 5, JVPD Scheme, Vile Parle (West),, Mumbai, Maharashtra, 400056

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