Kusumgar has debuted at Rs 574 on the BSE, up by 155.00 points or 36.99% from its issue price of Rs 419.
The scrip is currently trading at Rs. 597.50, up by 178.50 points or 42.60% from its issue price.
It has touched a high and low of Rs. 621.00 and Rs. 567.95 respectively. So far 23.00 lakh shares were traded on the counter.
The offering, which was open for subscription July 8, 2026 to July 10, 2026 was subscribed 135.80 times. The issue price was fixed at Rs 419 per share i.e. at upper end of price band of Rs 398-419 apiece.
Kusumgar is a manufacturer of woven, coated and laminated synthetic fabrics, referred to as engineered fabrics. It offers engineered fabrics and solutions focusing on polyamides and polyester filaments and polyurethane chemistry that cater to the high-performance requirements of its customers.
