Kusumgar Limited Makes Strong Market Debut, Shares List at 37% Premium Over IPO Price Stock reached a high of Rs 625.9 on NSE and Rs 631.4 on BSE
Mumbai, July 15, 2026: Shares of Mumbai-based Kusumgar Limited, a manufacturer of woven, coated and laminated synthetic fabrics, referred to as engineered fabrics, listed at Rs 574 on the exchange, a rise of 37% from IPO price. The scrip reached a high of Rs 625.9 on the NSE, and Rs 631.4 on the BSE. The scrip closed at Rs 604.5 on BSE, and Rs 611 on NSE. As per NSE, the total quantity traded stood at 238.09 lakh shares, on BSE the total Quantity stood at 35.9 lakh shares. Total Turnover (BSE+NSE) on Day 1 stood at Rs 1641 crore. The Market Capitalisation of the Company at today’s closing price stood at Rs 6,346.2 crore as per BSE and Rs 6,415 crore as per NSE. The company had offered a nearly Rs 650 crore issue for subscription. This offer was subscribed nearly 128.85 times, and the Retail Portion and Non-Institutional Portion were subscribed 26.47 times and 165.46 times respectively. The Qualified Institutional Investors (QIB) portion was subscribed 284.1 times, while the Emplo...