Kusumgar IPO — GMP Today, Price Band, Dates & Listing
Kusumgar IPO (NSE: KUSUMGAR) opened on 8 Jul 2026 and closed on 10 Jul 2026 on NSE. Price band Rs 398–419, lot size 35 shares (minimum application Rs 14,665, one lot at the upper band). Listed on 15 Jul 2026 at +43.87% over the issue price on day one.
Kusumgar IPO details
| Status | Listed |
| Open date | 8 Jul 2026 |
| Close date | 10 Jul 2026 |
| Price band | Rs 398–419 |
| Lot size | 35 shares |
| Minimum investment | Rs 14,665 (one lot at the upper band) |
| Face value | Re. 1 per Equity Share |
| Issue type | 100% Book Building |
| Issue size (NSE summary) | Initial Public Offer of Offer for Sale aggregating upto Rs. 6500 million (including Employee Reservation Portion aggregating up to Rs. 35 million and Anchor investor portion of 46,28,877 Equity Shares) |
| Listing date | 15 Jul 2026 (listed) |
| Exchange | NSE |
| Lead managers | Axis Capital Limited, IIFL Capital Services Limited and Motilal Oswal Investment Advisors Limited |
| Registrar | Bigshare Services Private Limited |
| NSE symbol | KUSUMGAR |
| Prospectus | Red herring prospectus (NSE archive, zip) |
Face value, lot, issue type, issue size, lead managers and registrar are as filed on NSE's IPO detail page (KUSUMGAR). Page data as of 15 Sep 2026.
Subscribed 84.73x on NSE as of 10 Jul 2026, 19:00 IST (NSE). Category and day-wise breakdown.
Key dates
| Issue opens | 8 Jul 2026 |
| Issue closes | 10 Jul 2026 |
| Basis of allotment | 13 Jul 2026 (expected, T+1) |
| Refunds / demat credit | 14 Jul 2026 (expected, T+2) |
| Listing | 15 Jul 2026 (listed) on NSE |
Post-close dates follow SEBI's T+3 listing timeline counted in working days from the close; registrar and exchange notices are final.
Kusumgar listing performance
| Issue price | Rs 419.00 |
| Listed on | 2026-07-15 |
| Listing day open | Rs 569.00 |
| Listing day close | Rs 602.80 |
| Listing gain (close vs issue) | +43.87% |
| Latest close | Rs 552.35 |
| Return since issue | +31.83% |
Listing-day and latest prices from NSE end-of-day data (symbol KUSUMGAR). Latest close as of 2026-09-15. Listing-day gain is measured within the listing week and is unaffected by corporate actions; return since issue is price-only, excludes dividends and is not adjusted for splits or bonuses.
What the GMP means for Kusumgar
Grey Market Premium (GMP) is the unofficial premium at which an IPO's shares change hands before listing. A positive GMP signals bullish pre-listing sentiment, but it is unregulated, volatile and routinely diverges from the actual listing price in both directions — treat it as a thermometer, never a forecast. Read our full What is GMP? guide for how the grey market works.
Apply, allotment and listing
- How to apply: step-by-step UPI/ASBA instructions in our IPO application guide.
- Allotment status: registrar link and the T+3 timeline on the Kusumgar allotment page.
- Compare with other issues: the full live board is on IPO GMP Today and the IPO Calendar.
- Need a demat account? see best brokers for IPO applications.
FAQs on Kusumgar IPO
What is Kusumgar IPO GMP today?
Kusumgar has listed, so its grey market premium no longer applies. The listing performance table on this page has the actual debut price and gain.
When did the Kusumgar IPO open and close?
Kusumgar's subscription window opened on 8 Jul 2026 and closed on 10 Jul 2026.
What is the Kusumgar IPO price band and lot size?
For Kusumgar, the price band is Rs 398–419 and one lot is 35 shares (minimum application Rs 14,665, one lot at the upper band).
Who is the registrar for the Kusumgar IPO?
The registrar to the Kusumgar IPO is Bigshare Services Private Limited (as filed on NSE). Allotment status is checked on the registrar's website once the basis of allotment is finalised — the link is on our Kusumgar allotment status page.
How did Kusumgar perform on listing day?
Kusumgar listed on 15 Jul 2026 and closed its first day at Rs 602.80, +43.87% against the issue price (NSE end-of-day data).