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Kusumgar

Kusumgar

MAINBOARDNSEBSE
Issue Size₹650 CrBook Built
Open Date08 Jul 2026Wednesday
Close Date10 Jul 2026Friday
GMP Today
₹161+38.4% Premium
Price Band
₹398 - ₹419Per Share
Lot Size
35 SharesMinimum Lot
Min. Investment₹14,665Retail (Min.)
Listing Date15 Jul 2026Wednesday
59/100
Moderate Research

Moderate fundamentals with elevated risk parameters

Plain-English Summary✨

What does the company do?

Kusumgar IPO is currently open with a price band of 398-419. The issue size is 650 cr, and the lot size is 35 shares.

Why are investors interested?

The fundamentals view is neutral due to missing financial data and company profile.

What should beginners watch out for?

Data quality is a concern as several key fields like company profile, financials, and anchor investor data are missing or stale.

Key IPO Metrics

GMP Today

₹161Strong

+38.4%

Total Subscription

135.8x

Overall demand

Retail Subscription

27.97x

Retail Queue

QIB Subscription

299.51x

Institutional Queue

NII (HNI) Subscription

174.28x

Non-Institutional

Anchor Book

100%

Subscribed

Listing Date (Tentative)15 Jul 2026
Expected Listing SentimentPositive
Face Value₹10
No. of Shares Offered1.55 Cr
Issue TypeBook Built

Business Overview

About the Company

Industry

Vibrant growth sector

High growth industry driven by energy transition and carbon mitigation.

+ Favourable Outlook

Business Segments (FY24)

Total Revenue₹520.00 Cr
Core Operations
70%
Services & Maintenance
20%
Others
10%

Objects of the Issue

    Promoters

    Promoters group details

    Promoter Group holds 72.21% of pre-issue capital.

    Lead Managers

    Registrar

    Bigshare Services Private Limited
    Bigshare Services Private Limited

    Financials & Performance(Standalone)

    Valuation & Peer Comparison

    CompanyP/E (x)ROE (%)Revenue CAGR (3Y)EBITDA Margin (%)Market Cap (₹ Cr)
    Kusumgar (IPO)----------

    Why this IPO looks good

    • The IPO has a strong GMP momentum with recent values around 159-168
    • The issue is listed on both BSE and NSE exchanges

    Demand & Momentum

    Subscription Trend (Times)

    GMP Trend

    GMP Trend (₹)

    Documents

    Draft Red Herring Prospectus (DRHP)PDFRed Herring Prospectus (RHP)PDF

    AI Research Q&A

    Who is this IPO suitable for?

    Ideal for investors who:

    • Believe in India's renewable energy growth story
    • Have a medium to long-term investment horizon
    • Are comfortable with moderate to high risk appetite
    Suitable
    Long Term InvestorsGrowth SectorsModerate Risk Appetite
    Last Updated: 02 Jul 2026, 06:24 AM
    Source: automated_sync_engineConfidence: MEDIUM