MediumPositive
Announced Mon, 6 Jul · 13:12 IST

Kusumgar IPO GMP signals 41% listing pop: 10 key things to know from the RHP ahead of offer launch on Wednesday, 8 July

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Kusumgar's IPO opens on July 8 with a price band of ₹398 to ₹419 per share, structured entirely as an offer for sale of 1.55 crore shares worth ₹650 crore by the promoters. Grey market premium of ₹171 indicates a potential 41 percent listing pop on July 15. The engineered fabrics maker reported FY26 revenue of ₹692 crore and profit of ₹98.20 crore, with six manufacturing facilities in Gujarat serving aerospace, defence, industrial and outdoor segments.