Kusumgar shares list on BSE and NSE this Wednesday, July 15, 2026. The issue price has been fixed at ₹419 per share, the top of the ₹398 to ₹419 band.
Quick recap of the issue:
- IPO dates : July 8 to 10, 2026
- Price band : ₹398 to ₹419 (face value ₹1)
- Issue price : ₹419 per share
- Lot size : 35 shares, so the minimum retail application was ₹14,665
- Issue size : 1,55,21,698 shares, aggregating up to ₹650 crore
- Employee discount : ₹39 per share
One thing worth noting: this was a pure offer for sale. All 1.55 crore shares came from existing shareholders, so the company itself raises nothing from the IPO. Pre-issue and post-issue shareholding stay identical at 10,49,91,372 shares. Whether that matters to you depends on why you applied, OFS-only issues are basically an exit for early investors, not growth capital.
The July 15 date is still marked tentative on the exchanges, though listings rarely slip once the price is fixed.
Anyone here got allotment? Curious whether people are holding through listing or booking whatever the market gives on day one.
CAclubindia
