Allotment is out. Check your result on the Kusumgar IPO Allotment Status page.
Kusumgar IPO logo

Kusumgar IPO Subscription

Listed

Updated 15 July 2026, 9:15 AM IST· Mainboard

Kusumgar IPO subscription closed on 10 July 2026 at 135.76x overall by shares. QIB demand came in at 299.51x, NII at 174.28x, and retail at 27.88x. See Retail, SHNI, and BHNI allotment chances in the table below.

Allotment date is 13 July 2026. Listing date on NSE and BSE is 15 July 2026.

Issue Price
Rs 419.00
GMP Today
Rs 161.00 (+38.42%)
Overall Sub
135.76x
Issue Size
₹650.00 Cr
Allotment
13 Jul 2026
Listing
15 Jul 2026

Kusumgar IPO Day-wise Subscription

Daily QIB, NII, Retail, and overall subscription as bids come in

DayQIBNIIRetailOverall
Day 1 - 8 Jul 20260.50x7.77x3.77x3.68x
Day 2 - 9 Jul 20262.30x38.71x10.08x13.91x
Day 3 - 10 Jul 2026299.51x174.28x27.97x135.80x

Kusumgar IPO Allotment Chances

Retail, SHNI, and BHNI chances based on application subscription

Kusumgar IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.

CategorySubscription (Apps)Allotment Chances
Retail22.09x1 in 22
SHNI (Rs 2L to Rs 10L)136.71x1 in 137
BHNI (above Rs 10L)37.30x1 in 37

Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.

Check the Kusumgar IPO Allotment Status page from 13 July 2026 for your result.

Kusumgar IPO Subscription by Amount

Category-wise subscription based on amount applied at issue price Rs 419.00

CategoryAmount OfferedAmount AppliedSubscription
QIBRs 129.12 CrRs 38,672.37 Cr299.51x
FII-Rs 9,529.21 Cr-
DFI-Rs 16,438.22 Cr-
Mutual Funds-Rs 3,350.66 Cr-
Other-Rs 9,354.28 Cr-
NIIRs 96.92 CrRs 16,891.85 Cr174.28x
bNII (above Rs 10L)Rs 64.61 CrRs 12,238.08 Cr189.40x
Corporate-Rs 118.02 Cr-
Individual-Rs 11,573.35 Cr-
Other-Rs 546.71 Cr-
sNII (Rs 2L to Rs 10L)Rs 32.31 CrRs 4,653.76 Cr144.05x
Corporate-Rs 9.40 Cr-
Individual-Rs 4,491.71 Cr-
Other-Rs 152.65 Cr-
RetailRs 226.15 CrRs 6,305.10 Cr27.88x
Cut-off price-Rs 5,319.15 Cr-
Fixed price-Rs 985.95 Cr-
EmployeeRs 3.86 CrRs 42.80 Cr11.09x
Cut-off price-Rs 31.92 Cr-
Fixed price-Rs 10.89 Cr-
TotalRs 456.05 CrRs 61,912.12 Cr135.76x

Kusumgar IPO Subscription by Applications

Category-wise subscription based on applications received

CategoryApplications OfferedApplications ReceivedSubscription
QIB30,81,6347910.00x
FII-77-
DFI-68-
Mutual Funds-41-
Other-605-
NII4,7213,32,58270.45x
bNII (above Rs 10L)3,1471,17,39437.30x
Corporate-754-
Individual-1,11,319-
Other-5,321-
sNII (Rs 2L to Rs 10L)1,5742,15,188136.71x
Corporate-368-
Individual-2,07,643-
Other-7,177-
Retail1,54,21034,06,90422.09x
Cut-off price-28,37,472-
Fixed price-5,69,432-
Employee2,63216,9556.44x
Cut-off price-12,592-
Fixed price-4,363-
Total32,43,19737,57,2321.16x

What Do These Subscription Numbers Mean?

135.76x overall by shares means bids covered about 136 times the shares on offer. Allotment chances depend on applications in each category.

QIB at 299.51x by shares shows institutional demand from mutual funds, FIIs, and banks.

NII covers bids above Rs 2 lakh (70.45x by applications). Split: SHNI 136.71x, BHNI 37.30x by applications. SHNI and BHNI allotment is by lottery.

At 22.09x subscription by applications, about 1 in 22 retail applicants may get allotment (~5% chance per application). Retail allotment is also by lottery.

Kusumgar IPO GMP After Subscription

GMP for Kusumgar IPO stands at Rs 161.00 today, giving an estimated listing price of Rs 580.00 per share.

The GMP has moved up from Rs 135.00 on 2 Jul 2026 to Rs 161.00 on 15 Jul 2026.

A subscription of 135.76x combined with a GMP of 38.42% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.

Track live GMP on the Kusumgar IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.

Kusumgar IPO Key Dates

EventDate
IPO Open Date8 July 2026
IPO Close Date10 July 2026
Allotment Date13 July 2026
Refund Initiation14 July 2026
Share Credit to Demat14 July 2026
Listing Date15 July 2026
Minimum InvestmentRs 14,665.00
Lot Size35 shares

About Kusumgar IPO

Kusumgar Limited, incorporated in 1990, is a premier mainboard industrial manufacturer specializing in highly technical woven, coated, and laminated synthetic fabrics, commonly referred to as engineered textiles. Utilizing specialized polyamide and polyester filaments alongside advanced polyurethane chemistry, the company has established a deep design moat containing over 1,000 unique specialized fabric SKUs. Its technical formulations cater to high-entry-barrier segments including aerospace and defense (stealth camouflage, parachute systems, and rapid deployment materials), automotive safety segments, specialized industrial mechanical rubber goods, and high-performance international outdoor lifestyle brands.

Understanding Subscription Categories

QIB - Qualified Institutional Buyers

Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.

NII - Non-Institutional Investors (SHNI & BHNI)

Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.

Retail - Retail Individual Investors

Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.

Advertisement

Kusumgar IPO Subscription FAQs

What is Kusumgar IPO subscription status today?

Kusumgar IPO subscription closed on 10 July 2026 with overall subscription of 135.76x (by shares) as of 22 August 2026, 4:32 AM IST. QIB 299.51x, NII 70.45x, Retail 22.09x.

What is the overall subscription of Kusumgar IPO?

Kusumgar IPO is subscribed 135.76x overall by shares at close on 10 July 2026. QIB 299.51x, NII 70.45x, and Retail 22.09x.

What is Kusumgar IPO QIB subscription?

Kusumgar IPO QIB (Qualified Institutional Buyers) subscription is 299.51x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.

What is Kusumgar IPO Retail subscription?

Kusumgar IPO Retail subscription is 22.09x by applications. Retail bids are up to Rs 2 lakh per PAN.

What is Kusumgar IPO NII, SHNI, and BHNI subscription?

Kusumgar IPO NII subscription is 70.45x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 136.71x and BHNI (above Rs 10L) at 37.30x.

What are Kusumgar IPO retail allotment chances?

At 22.09x subscription by applications, about 1 in 22 retail applicants may get allotment (~5% chance per application). Allotment is by lottery. Share subscription was 27.88x. Allotment chances use applications, not share volume.

What are Kusumgar IPO SHNI allotment chances?

At 136.71x subscription by applications, about 1 in 137 SHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 144.05x. Allotment chances use applications, not share volume.

What are Kusumgar IPO BHNI allotment chances?

At 37.30x subscription by applications, about 1 in 37 BHNI applicants may get allotment (~3% chance per application). Allotment is by lottery. Share subscription was 189.40x. Allotment chances use applications, not share volume.

When is Kusumgar IPO allotment date?

Kusumgar IPO allotment date is 13 July 2026. Check Kusumgar IPO Allotment Status on IPOwiz from that day using your PAN.

When does Kusumgar IPO subscription close?

Kusumgar IPO subscription closed on 10 July 2026. No new applications are accepted after the close.

What is Kusumgar IPO GMP today?

Kusumgar IPO GMP is ₹161 today (+38.42% over issue price ₹419). See live GMP on the Kusumgar IPO GMP Today page.

What is Kusumgar IPO issue price and lot size?

Kusumgar IPO issue price is ₹419 per share. Lot size is 35 shares. Minimum investment is ₹14,665 per lot. Issue size: ₹650.00 Cr.

When is Kusumgar IPO listing date?

Kusumgar IPO listing date is 15 July 2026 on NSE and BSE. Allotment is on 13 July 2026.

How does subscription affect Kusumgar IPO allotment?

In Kusumgar IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 135.76x overall, competition is very high.

For allotment results from 13 July 2026, visit the Kusumgar IPO Allotment Status page. For listing day updates on 15 July 2026, download the IPOwiz App.

Sources

We match Kusumgar IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • IPO RegistrarRegistrar details are on the allotment page for this IPO

Also read our Editorial Policy, How GMP is calculated, and How allotment chances work.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.