Kusumgar IPO Allotment Status: Check on Bigshare, NSE & BSE
The ₹650-crore initial public offering (IPO) of Kusumgar Limited, a leading manufacturer of engineered synthetic fabrics for defence and aerospace, received a blockbuster response from investors. The subscription window closed on Friday, July 10, 2026, with the issue being oversubscribed by a massive 135.80 times on its final day.
Driven by strong demand across all categories—especially from Qualified Institutional Buyers (QIBs) who subscribed 299 times their quota, and Non-Institutional Investors (NIIs) at 174 times—investors are now eagerly awaiting the basis of allotment.
Kusumgar IPO: Key Dates & Issue Details
| Issue Size | ₹650.00 Crore (Entirely Offer for Sale – OFS) |
|---|---|
| Price Band | ₹398 to ₹419 per share |
| Lot Size | 35 Shares (Minimum Investment: ₹14,665) |
| Basis of Allotment | July 13, 2026 (Expected) |
| Refund Initiation | July 14, 2026 |
| Listing Date | July 15, 2026 (BSE & NSE) |
How to Check Kusumgar IPO Allotment Status
Once the registrar finalizes the allotment basis, bidders can check their application status online using their PAN card number, IPO Application Number, or Demat Account ID. You can check the status via the official registrar or the stock exchanges.
Method 1: Via Bigshare Services (Official Registrar)
Bigshare Services Private Limited is the official registrar for this IPO. This is often the fastest way to check your status.
- Visit the specific IPO status page on the Bigshare portal: https://ipo2.bigshareonline.com/ipo_status.html.
- From the “Select Company” dropdown menu, select “Kusumgar Limited” (this option will appear once the allotment is finalized).
- Choose your preferred search method: Application No, Beneficiary ID (DP/Client ID), or PAN Number.
- Enter the details corresponding to your choice.
- Enter the Captcha code shown on the screen and click “Search”.
- Your allotment status (shares applied vs. shares allotted) will be displayed.
Method 2: Via the BSE Website
- Go to the official BSE IPO allotment page: bseindia.com/investors/appli_check.aspx.
- Select the Issue Type as “Equity”.
- Under the Issue Name dropdown, choose “Kusumgar Limited”.
- Enter either your Application Number or your PAN.
- Verify the “I am not a robot” CAPTCHA.
- Click the “Search” button to view your result.
Method 3: Via the NSE Website
- Visit the NSE IPO bid verification portal (you may need to register/log in if you are a new user).
- Navigate to the “Equity & SME IPO Bid Details” section.
- Select “Kusumgar Limited” from the company list.
- Input your PAN and application details to view your allotment status and bid details.
Current Grey Market Premium (GMP) Insights
Thanks to Kusumgar’s niche presence in defense and aerospace manufacturing (high entry-barrier sectors), the IPO is commanding a strong premium in the unlisted market. As of July 11, 2026, the Grey Market Premium (GMP) for Kusumgar is reported to be hovering around ₹160 to ₹168 per share.
Considering the upper price band of ₹419, this unofficial premium suggests an estimated listing price of roughly ₹579 to ₹587, translating to potential listing gains of around 38% to 40%.