- Important Dates
- How to Check Kusumgar IPO Allotment Status
- Kusumgar IPO Subscription Details
- Kusumgar IPO GMP Update
- What’s Next After Allotment?
- Final Word
The Kusumgar IPO allotment is expected to be finalized on 13 July 2026 after the issue received an overwhelming 128.85x overall subscription. Such strong demand means many investors, especially in the retail category, may not receive shares due to limited availability.
This guide explains how to check your Kusumgar IPO allotment status, key allotment dates, subscription details, and what to expect after the allotment process.
Important Dates
- Allotment Date: 13 July 2026 (Monday)
- Refund Initiation: 14 July 2026 (Tuesday)
- Demat Credit: 14 July 2026 (Tuesday)
- Listing Date: 15 July 2026 (Wednesday)
How to Check Kusumgar IPO Allotment Status
Method 1: Check on BSE
- Visit the BSE IPO allotment page: https://www.bseindia.com/investors/appli_check
- Select Kusumgar Limited from the IPO list.
- Enter your Application Number or PAN.
- Complete the verification and submit the details.
- Your allotment status will be displayed on the screen.
Method 2: Check on NSE
- Open the NSE IPO allotment portal: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
- Log in or verify your identity if required.
- Select Kusumgar IPO.
- Enter your Application Number or PAN.
- Submit the details to view your allotment status.
Method 3: Check on Bigshare Services (Registrar)
- Visit the Bigshare Services IPO allotment portal: https://ipo.bigshareonline.com/ipo_status.html
- Select Kusumgar Limited from the company list.
- Enter your PAN, Application Number, or DP/Client ID.
- Complete the verification process.
- Click Search to check whether shares have been allotted.
Kusumgar IPO Subscription Details
| Investor Category | Subscription |
| QIB (Qualified Institutional Buyers) | 284.1x |
| NII (Non-Institutional Investors) | 165.46x |
| RII (Retail Individual Investors) | 26.47x |
| Total | 128.85x |
Source: INDmoney
Key takeaways
- Institutional investors (QIBs) subscribed 284.1x, indicating exceptionally strong interest from professional investors.
- Overall demand accelerated sharply on the final day, with the total subscription rising from 13.91x on Day 2 to 128.85x, showing a significant last-day surge.
- Strong subscription reflects high investor interest, but it does not guarantee strong listing performance. Market conditions after allotment can still influence the stock's debut.
Kusumgar IPO GMP Update
As of 13 July 2026, the Kusumgar IPO GMP is ₹160 against the upper price band of ₹419. This implies an estimated listing price of around ₹579, or a premium of about 38.19% over the issue price, if market sentiment remains unchanged.
Source & Disclaimer: investorgain.com | GMP numbers are unofficial and highly volatile, and it's only for informational purposes.
What’s Next After Allotment?
If shares are allotted
Once the allotment is finalized, your status will be visible on the BSE, NSE, or Bigshare Services portal. The allotted shares are expected to be credited to your Demat account on 14 July 2026, one day before listing.
If you applied for multiple lots, you may receive a partial allotment depending on the lottery process and the level of oversubscription. This is common in heavily subscribed IPOs where available shares are limited.
If shares are not allotted
If you do not receive an allotment, the blocked amount in your bank account should be released, or your UPI mandate should be revoked, on 14 July 2026.
Given the IPO's 128.85x subscription, many applicants are likely to miss out on allotment. Investors who still wish to own the company can consider buying the stock after it lists, but they should evaluate the valuation, business fundamentals, and market conditions instead of relying only on listing-day momentum.
Final Word
The Kusumgar IPO has attracted exceptional investor demand, supported by its niche position in engineered fabrics for defence and industrial applications. However, heavy oversubscription also means the chances of allotment are relatively low for many applicants.
If you applied, check your allotment status on 13 July 2026 and keep track of Demat credit or refund timelines. If you do not receive shares, consider reassessing the company's long-term fundamentals before making any decision after listing.
To better prepare for listing day, you can also read our guide on what happens after an IPO lists and whether to sell, hold, or buy.