BSE List Price : ₹574.00

NSE List Price : ₹569.00

subscription

Category	Times
QIBs	299.51x
HNIs	174.29x
Retail	27.88x
Total : 135.76x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	1	35	₹14,665
Retail Maximum	13	455	₹190,645
S-HNI Minimum	14	490	₹205,310
S-HNI Maximum	68	2,380	₹997,220
B-HNI Minimum	69	2,415	₹1,011,885

About the Company

Founded in 1990, Kusumgar Limited is among the prominent manufacturers of woven, coated, and laminated synthetic fabrics, commonly referred to as engineered fabrics. The company produces these fabrics using polyamide and polyester filaments through polyurethane technology.

As of March 2025, Kusumgar has developed a portfolio of more than 100 fabric varieties, establishing a strong presence in the engineered synthetic fabric industry. Its products cater to diverse sectors, including aerospace, defence, industrial, automotive, outdoor, and lifestyle applications. The company has also recently expanded its offerings into the military and aerospace segments with products such as parachute systems, stealth materials, and rapid deployment systems. Kusumgar focuses on designing high-performance fabrics that deliver exceptional strength, tear resistance, durability, comfort, breathability, and waterproof protection, ensuring reliable performance even in demanding conditions.

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2023	₹474.55	₹359.48	₹84.40	₹584.74
2024	₹790.21	₹639.43	₹111.99	₹632.40
2025	₹711.78	₹576.82	₹98.20	₹905.07

Company Promoter

Yogesh Kantilal Kusumgar

Siddharth Yogesh Kusumgar

Sapna Siddharth Kusumgar

Siddharth Yogesh Kusumgar HUF

Know before investing

• • Strengths

  High Entry Barriers: Operates in the specialized engineered fabrics segment, where extensive technical know-how, advanced manufacturing capabilities, customized product development, and lengthy customer qualification processes create significant barriers to entry.

  Strong Technical Capabilities: Possesses comprehensive expertise in manufacturing high-performance synthetic fabrics, including fine denier fabrics, Nylon 6 and Nylon 66 processing, as well as coating, lamination, and end-to-end integrated production capabilities.

• • Risks

  Raw Material Supply & Price Risk: The company procures raw materials without long-term supply agreements. Any disruption in the availability of key inputs or volatility in raw material prices could adversely affect its operations, profitability, and cash flows.

  Intellectual Property Risk: The company’s operations depend significantly on its proprietary technical expertise and specialized manufacturing know-how. Any failure to safeguard its intellectual property or maintain the confidentiality of its proprietary knowledge could adversely impact its competitive position.

Objects of the Issue & Utilisation of proceeds

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

Company  Address

Kusumgar Ltd.
101, Manjushree, V.M. Road,
Corner of N.S. Road No. 5, JVPD Scheme
Vile Parle (West),
Mumbai, Maharashtra, 400056
Phone: + 91 22 6112 510
Email: cs@kusumgar.com
Website: https://www.kusumgar.com/

IPO Registrar

Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html

IPO Review

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