IPO Guru

IPO Listed — 15 Jul 2026

Listing Price: ₹574

vs Issue Price ₹419 +₹155 (+36.99%)

Kusumgar IPO GMP History | Listing Price ₹574 & Kostak Rate

IPO
Final GMP
₹ 161
38.4%
Final Kostak
₹ 0
Final Sub. to Sauda
₹ 0

Kusumgar IPO has been listed on July 15, 2026 at a listing price of ₹574, against the issue price of ₹419 — a gain of ₹155 (+36.99%). The GMP peaked at ₹171 on 5 July 2026 and reached a low of ₹135 on 2 July 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.

Kusumgar IPO raised ₹650 Cr. through its IPO at a price band of ₹398 to ₹419 per share, with a lot size of 35 shares. The IPO was open for subscription from 08 Jul 2026 to 10 Jul 2026.

GMP Trend Chart

Day-wise GMP Trend

Date GMP ↑↓ % Kostak Sub. Sauda
15 Jul 2026 ₹ 161 38.4% ₹ 0 ₹ 0
14 Jul 2026 ₹ 161 38.4% ₹ 0 ₹ 0
13 Jul 2026 ₹ 161 38.4% ₹ 0 ₹ 0
12 Jul 2026 ₹ 160 38.2% ₹ 0 ₹ 0
11 Jul 2026 ₹ 160 38.2% ₹ 0 ₹ 0
10 Jul 2026 ₹ 165 39.4% ₹ 0 ₹ 0
09 Jul 2026 ₹ 158 37.7% ₹ 0 ₹ 0
08 Jul 2026 ₹ 160 38.2% ₹ 0 ₹ 0
07 Jul 2026 ₹ 168 40.1% ₹ 0 ₹ 0
06 Jul 2026 ₹ 166 39.6% ₹ 0 ₹ 0
05 Jul 2026 ₹ 171 40.8% ₹ 0 ₹ 0
04 Jul 2026 ₹ 164 39.1% ₹ 0 ₹ 0
03 Jul 2026 ₹ 140 33.4% ₹ 0 ₹ 0
02 Jul 2026 ₹ 135 32.2% ₹ 0 ₹ 0

Kusumgar IPO Dates

Event Date
Open Date 08 Jul, 2026
Close Date 10 Jul, 2026
Allotment Date 13 Jul, 2026
Refund Date 14 Jul, 2026
Credit to Demat 14 Jul, 2026
Listing Date 15 Jul, 2026

Kusumgar IPO Actual Listing Price

Basis Value
Issue Price ₹419
GMP-Based Estimate (Pre-Listing) ₹580 (+38.4%)
Actual Listing Price ₹574 (+36.99%)
Listing Gain / Loss +₹155 per share
Listing Date 15 Jul, 2026

Is Kusumgar IPO GMP Reliable?

Grey market premium for Kusumgar IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:

  • Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
  • Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
  • Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
  • Cross-check before acting: Review the Kusumgar IPO full review for a fundamentals-based assessment before making any grey market trades.

Kusumgar IPO IPO Kostak Rate Explained

The Kostak rate for Kusumgar IPO was not active during the subscription period, as no grey market premium was established. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.

The Subject to Sauda price was not active for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.

Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.

About Kusumgar IPO

Kusumgar Limited is a Mumbai-based textile manufacturing company with a legacy spanning more than three decades. Established in 1990, the company has built a strong reputation in the field of technical and engineered textiles. The business was founded and is promoted by the Kusumgar family, which has played a key role in expanding the company’s product portfolio and strengthening its position in specialised fabric manufacturing. Over the years, Kusumgar has focused on innovation, quality standards and customised solutions for industrial applications.

The company manufactures a wide range of woven, coated, laminated and specialty fabrics used across defence, aerospace, automotive, healthcare, outdoor equipment and industrial sectors. Its business model is centred on developing high-performance textile solutions tailored to customer requirements, supported by in-house manufacturing and research capabilities. By serving both domestic and international markets and maintaining long-term relationships with institutional and industrial clients, Kusumgar generates revenue through the supply of value-added technical textile products.

Strengths & Risks

Strengths

  • Over 30 years of experience in the technical textiles industry supports strong market credibility.
  • A diversified product portfolio helps reduce dependence on any single product category.
  • Presence across defence, aerospace, automotive and industrial sectors provides multiple growth opportunities.
  • Integrated manufacturing capabilities enable customised and high-value product offerings.
  • Long-standing customer relationships contribute to stable and recurring business.

Risks

  • Volatility in raw material prices can impact the company's profit margins.
  • Dependence on key customers may affect revenue if major orders decline.
  • Intense competition from domestic and global players may pressure market share and pricing.
  • Slowdown in end-user industries could adversely affect demand for the company's products.
  • Changes in regulatory and environmental compliance requirements may increase operating costs.

Frequently Asked Questions about Kusumgar IPO

What is the GMP of Kusumgar IPO?

The current Grey Market Premium (GMP) of Kusumgar IPO is ₹ 161.

What is the Kostak Price of Kusumgar IPO?

Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Kusumgar IPO is currently not available.

What is the Subject to Sauda Price of Kusumgar IPO?

Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is currently not available.

What was the actual listing price of Kusumgar IPO?

Kusumgar IPO listed on July 15, 2026 at ₹574, against the issue price of ₹419 — a gain of +36.99%.

How did the GMP of Kusumgar IPO trend before listing?

The GMP of Kusumgar IPO was stable in its final days before listing. The GMP peaked at ₹171 on 5 July 2026. View the day-wise table above for the complete GMP history.

Explore Kusumgar IPO Further

For a complete picture before making your investment decision, explore these resources:

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