Kusumgar IPO Subscription Status
Kusumgar IPO was subscribed 135.8 times when bidding closed on 10 Jul 2026: QIB 299.51x, NII 174.28x, Retail 27.97x.
The Kusumgar IPO has been subscribed 135.8x times overall. Retail investors have shown interest with bids for 27.97x the shares available. The Non-Institutional Investor (NII) category has been subscribed 174.28x. Within NII, Big HNI (B-HNI) subscribed 189.4x and Small HNI (S-HNI) subscribed 144.05x. Qualified Institutional Buyers (QIBs) have subscribed 299.51x. Data last updated on 08 Sep, 01:37 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 08 Jul, 2026 and closes on 10 Jul, 2026. The shares are expected to list on stock exchanges on 15 Jul, 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | 97,30,31,016 of 32,48,743 244 applications 40,770.00 Cr | 299.51x |
| NII | 42,46,43,328 of 24,36,558 3,27,974 applications 17,792.56 Cr | 174.28x |
| Retail | 15,90,17,897 of 56,85,302 32,51,250 applications 6,662.85 Cr | 27.97x |
| Employee | 10,81,175 of 97,491 268 applications 45.30 Cr | 11.09x |
| TOTAL | 1,55,73,67,165 35,79,736 applications 65,253.68 Cr | 135.8x |
Kusumgar IPO Basis of Allotment
Final Final figures published by the registrar, after technical rejections. Allotment price ₹419, employees ₹380.
| Category | AppsApplications | GotAllottees | Odds |
|---|---|---|---|
| QIB 119.97x subscribed | 267 | 264 | 1 in 1.01 in 1.0 |
|
Ex. Anchor
Ex. Anchor
|
244 | 241 | 1 in 1.01 in 1.0 |
|
Anchor
Anchor Investors
|
23 | 23 | AllAll allotted |
| NII (HNI) 172.52x subscribed | 3,27,974 | 4,723 | 1 in 691 in 69 |
|
bNII >₹10L
bNII — above ₹10 Lakh
|
1,16,061 | 3,149 | 1 in 371 in 37 |
|
sNII <₹10L
sNII — below ₹10 Lakh
|
2,11,913 | 1,574 | 1 in 1351 in 135 |
| Retail 26.99x subscribed | 32,51,250 | 1,54,329 | 1 in 211 in 21 |
| Employees 0.96x subscribed | 268 | 268 | AllAll allotted |
| TOTAL 94.75x subscribed | 35,79,759 | 1,59,584 | 1 in 221 in 22 |
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 28 applicants will be successful.
Institutional Backing
Massive institutional interest with QIBs subscribing 299.51x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
10 Jul 2026
Day 3 |
135.8x | ▼ | |
|
QIB299.51x
BHNI189.4x
SHNI144.05x
Retail27.97x
Employee11.09x
|
|||
|
09 Jul 2026
Day 2 |
13.91x | ▼ | |
|
QIB2.30x
BHNI-
SHNI-
Retail10.08x
|
|||
|
08 Jul 2026
Day 1 |
3.68x | ▼ | |
|
QIB0.50x
BHNI-
SHNI-
Retail3.77x
|
|||
Kusumgar IPO dates
From the bidding window to listing. Today is 1 October.
- Open 08 Jul 2026
- Close 10 Jul 2026
- Allotment 13 Jul 2026
- Refund/credit 14 Jul 2026
- Listing 15 Jul 2026
Kusumgar IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during market hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Kusumgar IPO?
As of IPO close date (10 Jul, 2026), the Kusumgar IPO is subscribed 135.8x times. Retail category is 27.97x, and NII is 174.28x subscribed.
When is the allotment date for Kusumgar IPO?
The allotment for Kusumgar IPO is expected to be finalized on 13 July, 2026.
What is the GMP of Kusumgar?
The Grey Market Premium (GMP) for Kusumgar is currently ₹161, indicating a potential listing gain of 38.4%.
When will Kusumgar IPO list on the stock market?
Kusumgar is scheduled to list on BSE and NSE on 15 July, 2026.
What are the chances of getting allotment in Kusumgar IPO?
The retail category is oversubscribed at 27.97x, meaning allotment is by lottery. Statistically, approximately 1 in 28 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 299.51x mean for Kusumgar IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 299.51x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Kusumgar IPO allotment status?
After the allotment date (13 Jul, 2026), you can check your Kusumgar IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Kusumgar IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
