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Open Date
Jul 8, 2026
Close Date
Jul 10, 2026
Min Investment
₹14,665
Lot Size
35 Shares
Issue Size
₹650 Cr
Price Range
₹398 - ₹398
Listing Date
Jul 15, 2026
Kusumgar Limited was incorporated in 1990 and operates as a manufacturer of woven, coated, and laminated synthetic fabrics known as engineered fabrics. Its products utilize polyamide and polyester filaments with polyurethane technology. As at March 31, 2025, Kusumgar Ltd has more than 1,000 SKUs (Stock Keeping Units) of fabric types, thus creating an established footprint in the field of synthetic functional performance fabrics. The company's products find application in various industries such as aerospace and defense, industrial and automotive, and outdoor and lifestyle markets. More recently, Kusumgar Ltd has extended its product portfolio into completed items for aerospace and military purposes, including parachute, stealth fabrics, and rapid deployment systems. Manufacturing plant: Six manufacturing plants located in Gujarat, India, and one fabrication plant in Uttar Pradesh, India. As at March 31, 2025, the company had a total work force of 1,712 employees, out of which 1,082 were permanent employees.
Sotefin Bharat
| Companies Name | Open - Close | Issue Size | Min. Qty | Issue Price | Apply |
|---|---|---|---|---|---|
Sotefin Bharat SME | 16th Jul 2026 - 20th Jul 2026 | 89.76 Cr | 600 Shares | ₹ 178.00 | |
Caliber Mining & Logistics Mainboard | 17th Jul 2026 - 21st Jul 2026 | 450.00 Cr | 35 Shares | ₹ 402.00 |
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The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.
The IPO is a complete offer-for-sale (OFS). Net IPO proceeds will go to selling shareholders. The company want to achieve the benefits of listing its shares on the stock exchanges.
The IPO is a complete offer-for-sale (OFS). Net IPO proceeds will go to selling shareholders.
The company want to achieve the benefits of listing its shares on the stock exchanges.
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In Cr.
Kusumgar
101, Manjushree, V.M. Road, Corner of N.S. Road No. 5, JVPD Scheme, Vile Parle (West), Mumbai, Maharashtra - 400056.
The top six clients contribute to 49.3% of FY26 revenues with tenures ranging from 4 to 9 years, including a 9-year-tenure client. FY24 revenue of Decathlon has grown by nearly 4x in FY26.
Established relations with partners from the US, Italy, Japan and Taiwan have helped to gain access to exclusive technology and new markets.
The management team of promoters with 25+ years’ experience in the technical textiles industry is experienced in operations, HR and consultancy.
Six manufacturing facilities of the company are based in one state (Gujarat), which exposes the company to risk due to possible problems in this region.
Working capital increased to 90 days in FY26 from 14 days in FY25, and the company had reported a negative operating cash flow of ₹(154.98) crore in FY25.
Nearly 40% of revenue comes through exports, with US tariffs ranging from 20% to 40% and the threat of an additional 12.5% Section 301 tariff creating uncertainty for the overseas market.