Kusumgar Limited IPO
listed · NSE · Bookbuilding IPO
Kusumgar Limited IPO was a ₹650 crore book-built issue on NSE with a price band of ₹398–₹419 per share, open for bidding from 8 Jul 2026 to 10 Jul 2026.
Last updated: · How we collect data
Company overview
- Website
- https://www.kusumgar.com/
IPO overview
Kusumgar Limited raised ₹650 crore through a book-built issue, made up entirely of shares sold by existing shareholders, so the company itself receives none of the proceeds.
Bids were accepted within a price band of ₹398–₹419 per share (face value ₹1); the final issue price is set within this band after bidding closes.
The shares listed on NSE on 15 Jul 2026.
Axis Capital Ltd. was the book-running lead manager and Bigshare Services Pvt.Ltd. is the registrar, which processes applications, allotment and refunds.
- Issue type
- Bookbuilding IPO
- Issue structure
- OFS only
- Issue size
- ₹650 crore
- Price
- ₹398–₹419 per share
- Face value
- ₹1 per share
- Exchange
- NSE
- Lead manager
- Axis Capital Ltd.
- Registrar
- Bigshare Services Pvt.Ltd.
IPO timeline
- Bidding opens 8 Jul 2026
- Bidding closes 10 Jul 2026
- Basis of allotment 13 Jul 2026
- Refunds / unblocking 14 Jul 2026
- Shares credited to demat 14 Jul 2026
- Listing 15 Jul 2026
Bidding ran from 8 Jul 2026 to 10 Jul 2026.
After bidding, the basis of allotment was due on 13 Jul 2026, refunds / unblocking of funds were due on 14 Jul 2026 and shares were due to be credited to demat accounts on 14 Jul 2026.
The shares listed on 15 Jul 2026.
Subscription summary
By the close of bidding, the issue was subscribed 135.81× overall (last figure recorded 10 Jul 2026).
A full category-wise breakdown is not available for this figure, so only the overall multiple is shown.
Recorded day by day: 8 Jul 3.69×, 9 Jul 13.92× and 10 Jul 135.81×.
Bids were received for 135.81× the shares available, so not every applicant in an oversubscribed category will receive shares.
Grey market premium (unofficial)
The last grey market premium (GMP) we recorded for this issue was ₹157 on 14 Jul 2026, equal to 37.5% of the upper price band.
Across 9 readings between 6 Jul 2026 and 14 Jul 2026, the quoted GMP ranged from ₹157 to ₹168.
We do not yet record actual listing prices, so this page does not compare the GMP with where the shares opened.
- GMP is unofficial: it is not published or verified by NSE, BSE or SEBI, changes quickly, and is not a forecast or guarantee of the listing price.
Allotment
The basis of allotment was due on 13 Jul 2026. Applicants can check their status using their PAN, application number or demat account details.
The registrar, Bigshare Services Pvt.Ltd., processes allotment; check status on its website or the exchange's application-status page.
Sources and data methodology
NSE & BSE public-issue data; Chittorgarh and InvestorGain (fill gaps only); InvestorGain live subscription report (third-party); InvestorGain grey market report (unofficial); Chittorgarh allotment calendar. Methodology · Report an error
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In the news
- IPO Market Roundup - Week of July 20, 2026 · 20 Jul 2026
- IPO Market Roundup - Week of July 13, 2026 · 13 Jul 2026