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Kusumgar IPO Subscription Status

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 10 Aug, 11:18 AM.

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.

Total Subscription
135.8 x

35,79,736 applications

QIB 299.51x
BHNI 189.4x
SHNI 144.05x
Retail 27.97x
Employee 11.09x

Live Bidding

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

Last Updated: 10 Aug 2026, 11:18 AM

Kusumgar IPO Basis of Allotment

Final figures published by the registrar, after technical rejections. Allotment price ₹419, employees ₹380.

FINAL
Applications
35,79,759
Allottees
1,59,584
Overall Odds
1 in 22
Amount Collected
₹61,587 Cr
Category Apps Got Odds
QIB
119.97x subscribed
267 264 1 in 1.0
Ex. Anchor
244 241 1 in 1.0
Anchor
23 23 All
NII (HNI)
172.52x subscribed
3,27,974 4,723 1 in 69
bNII >₹10L
1,16,061 3,149 1 in 37
sNII <₹10L
2,11,913 1,574 1 in 135
Retail
26.99x subscribed
32,51,250 1,54,329 1 in 21
Employees
0.96x subscribed
268 268 All
TOTAL
94.75x subscribed
35,79,759 1,59,584 1 in 22
Subscription Insights

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

Subscription trends over the last 3 days

Date Total
10 Jul 2026 DAY 3
135.8x
QIB 299.51x
BHNI 189.4x
SHNI 144.05x
Retail 27.97x
Employee 11.09x
09 Jul 2026 DAY 2
13.91x
QIB 2.30x
BHNI -x
SHNI -x
Retail 10.08x
08 Jul 2026 DAY 1
3.68x
QIB 0.50x
BHNI -x
SHNI -x
Retail 3.77x
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Kusumgar IPO Allotment Probability

Retail (up to ₹2 L)
1 in 21
~5% chance per PAN — 3,251,250 applicants for 162,437 allotment slots. Winners get exactly 1 lot (₹14,665) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 in 128
~0.8% chance — 211,913 applicants for 1,657 allotment slots. Lottery allots the minimum S-HNI application of 14 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 in 173
~0.6% chance — 116,061 applicants for 672 allotment slots. Lottery allots the minimum B-HNI application of 69 lots (₹10.1 L) per winner; the rest is proportionate.
QIB (institutions)
299.51x
Proportionate allotment — at 299.51x, institutions receive ~0.3% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

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:

  • 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.
  • 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.
  • 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.
  • 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 Questions

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:

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