Kusumgar IPO Subscription Status
Kusumgar IPO closed on 10 July 2026 with an overall subscription of 135.76x based on shares applied. QIB demand came in at 299.51x, NII at 174.28x, and retail at 27.88x.
Allotment will be finalised on 13 July 2026. The stock is scheduled to list on NSE and BSE on 15 July 2026.
Issue Price
Rs 419.00
GMP Today
Rs 161.00 (+38.42%)
Overall Subscription
135.76x
Issue Size
₹650.00 Cr
Allotment Date
13 Jul 2026
Listing Date
15 Jul 2026
Kusumgar IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 419.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 129.12 Cr | Rs 38,672.37 Cr | 299.51x |
| 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 | - |
| NII | Rs 96.92 Cr | Rs 16,891.85 Cr | 174.28x |
| bNII (above Rs 10L) | Rs 64.61 Cr | Rs 12,238.08 Cr | 189.40x |
| 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 Cr | Rs 4,653.76 Cr | 144.05x |
| Corporate | - | Rs 9.40 Cr | - |
| Individual | - | Rs 4,491.71 Cr | - |
| Other | - | Rs 152.65 Cr | - |
| Retail | Rs 226.15 Cr | Rs 6,305.10 Cr | 27.88x |
| Cut-off price | - | Rs 5,319.15 Cr | - |
| Fixed price | - | Rs 985.95 Cr | - |
| Employee | Rs 3.86 Cr | Rs 42.80 Cr | 11.09x |
| Cut-off price | - | Rs 31.92 Cr | - |
| Fixed price | - | Rs 10.89 Cr | - |
| Total | Rs 456.05 Cr | Rs 61,912.12 Cr | 135.76x |
Kusumgar IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 30,81,634 | 791 | 0.00x |
| FII | - | 77 | - |
| DFI | - | 68 | - |
| Mutual Funds | - | 41 | - |
| Other | - | 605 | - |
| NII | 4,721 | 3,32,582 | 70.45x |
| bNII (above Rs 10L) | 3,147 | 1,17,394 | 37.30x |
| Corporate | - | 754 | - |
| Individual | - | 1,11,319 | - |
| Other | - | 5,321 | - |
| sNII (Rs 2L to Rs 10L) | 1,574 | 2,15,188 | 136.71x |
| Corporate | - | 368 | - |
| Individual | - | 2,07,643 | - |
| Other | - | 7,177 | - |
| Retail | 1,54,210 | 34,06,904 | 22.09x |
| Cut-off price | - | 28,37,472 | - |
| Fixed price | - | 5,69,432 | - |
| Employee | 2,632 | 16,955 | 6.44x |
| Cut-off price | - | 12,592 | - |
| Fixed price | - | 4,363 | - |
| Total | 32,43,197 | 37,57,232 | 1.16x |
What Do These Subscription Numbers Mean?
A subscription of 135.76x by shares means the IPO received bids for 136 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 299.51x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 299.51x, it reflects serious institutional conviction.
NII at 70.45x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 37.30x and sNII at 136.71x by applications. Share subscription was 174.28x. Allotment uses application count, not share volume.
At 22.09x subscription by applications, approximately 1 in 22 retail applicants can expect an allotment (~5% per application). Retail allotment is done by lottery when oversubscribed. Share subscription was 27.88x. Allotment uses application count, not share volume.
At 6.44x subscription by applications, approximately 1 in 6 employee applicants can expect an allotment (~16% per application). Employee reservation uses the same lottery logic as retail when oversubscribed.
Kusumgar IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail
- •Application subscription: 22.09x.
- •Allotment odds: about 1 in 22 (~5% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •Share subscription was 27.88x. Allotment uses application count, not share volume.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 136.71x.
- •Allotment odds: about 1 in 137 for a minimum-lot application (~1% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 144.05x. Allotment uses application count, not share volume.
BHNI (above Rs 10 lakh)
- •Application subscription: 37.30x.
- •Allotment odds: about 1 in 37 for a minimum-lot application (~3% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 189.40x. Allotment uses application count, not share volume.
Check the Kusumgar IPO Allotment Status page from 13 July 2026 for your allotment result.
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 Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 8 Jul 2026 | 0.50x | 7.77x | 3.77x | 3.68x |
| Day 2 - 9 Jul 2026 | 2.30x | 38.71x | 10.08x | 13.91x |
| Day 3 - 10 Jul 2026 | 299.51x | 174.28x | 27.97x | 135.80x |
Kusumgar IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 8 July 2026 |
| IPO Close Date | 10 July 2026 |
| Allotment Date | 13 July 2026 |
| Refund Initiation | 14 July 2026 |
| Share Credit to Demat | 14 July 2026 |
| Listing Date | 15 July 2026 |
| Minimum Investment | Rs 14,665.00 |
| Lot Size | 35 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
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Kusumgar IPO Subscription FAQs
What is Kusumgar IPO IPO subscription status today?
Kusumgar IPO IPO subscription closed on 10 July 2026 with overall subscription of 135.76x (by shares) as of 19 July 2026, 6:32 PM IST. QIB 299.51x, NII 70.45x, Retail 22.09x.
What is the overall subscription of Kusumgar IPO IPO?
Kusumgar IPO 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 IPO QIB subscription?
Kusumgar IPO IPO QIB (Qualified Institutional Buyers) subscription is 299.51x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Kusumgar IPO IPO Retail subscription?
Kusumgar IPO IPO Retail subscription is 22.09x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Kusumgar IPO IPO NII subscription?
Kusumgar IPO IPO NII (Non-Institutional Investors) subscription is 70.45x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Kusumgar IPO IPO for retail?
At 22.09x subscription by applications, approximately 1 in 22 retail applicants can expect an allotment (~5% per application). Allotment is done by lottery. Share subscription was 27.88x. Allotment uses application count, not share volume.
When is Kusumgar IPO IPO allotment date?
Kusumgar IPO IPO allotment date is 13 July 2026. Check Kusumgar IPO Allotment Status on IPOwiz from that day using your PAN.
When does Kusumgar IPO IPO subscription close?
Kusumgar IPO IPO subscription closed on 10 July 2026. No new applications are accepted after the close.
What is Kusumgar IPO IPO GMP today?
Kusumgar IPO 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 IPO issue price and lot size?
Kusumgar IPO 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 IPO listing date?
Kusumgar IPO IPO listing date is 15 July 2026 on NSE and BSE. Allotment is on 13 July 2026.
How does subscription affect Kusumgar IPO IPO allotment?
Allotment odds in Kusumgar IPO IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 70.45x by applications means roughly 1 in 70 for minimum-lot bids; bNII at 37.30x (~1 in 37). 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.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.