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Price Band / Share
Issue Size
Min Investment
Times Subscribed
Lot size
Initial public offering of up to 1,55,13,126 equity shares of face value of Rs. 1 each (Equity Shares) of Kusumgar Limited (Formerly Known As Kusumgar Private Limited) (Company or Issuer) for cash at a price of Rs. 398-419 per equity share (Including A Premium of Rs. 397-418 Per Equity Share) (Offer Price) aggregating up to Rs. 650 Crore (Offer) comprising an offer for sale of up to 10,023,866 equity shares (Offered Shares) aggregating up to Rs. 420 Crore by Siddharth Yogesh Kusumgar, up to 4,773,269 equity shares aggregating up to Rs. 200 Crore by Sapna Siddharth Kusumgar and up to 715,990 equity shares aggregating up to Rs. 30 Crore by Siddharth Yogesh Kusumgar Huf (the Promoter Selling Shareholders, and such offer for sale by the promoter selling shareholders, the Offer For Sale).This offer includes a reservation of up to 83,532 equity shares aggregating up to Rs. 3.5 Crore (Constituting Up To [*]% Of The Post-Offer Paid-Up Equity Share Capital Of The Company) for subscription by eligible employees (the Employee Reservation Portion). The company, in consultation with the book running lead managers, may offer a discount of up to [*] % (Equivalent Of Rs.[*] Per Equity Share) to the offer price to eligible employees bidding under the employee reservation portion (Employee Discount). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer shall constitute [*]% and [*]%, respectively, of the post-offer paid-up equity share capital of the company.Price Band: Rs. 398/- to Rs. 419/- per equity share of face value of Rs. 1 each.The floor price is 398 times of the face value and the cap price is 419 times of the face value. Bids can made for a minimum of 35 equity shares and in multiples of 35 equity shares thereafter.A discount of Rs. 39 per equity share is being offered to eligible employees bidding in the employee reservation portion.
The shares of Kusumgar Ltd were first listed on the stock exchanges on 15 Jul 2026.
The total issue size of the Kusumgar Ltd IPO is 650.00
The minimum lot size for Kusumgar Ltd public issue was 35.00 shares.
The price band of the IPO of Kusumgar Ltd was 398.00 to 419.00 per equity shares.
The Company was originally incorporated as Kusumgar Finstocks Private Limited as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated June 15, 1990, issued by the Registrar ofCompanies, Maharashtra at Mumbai. The name of the Company was changed to Kusumgar Corporates Private Limited on account of takeover of proprietary concern of Kusumgar Corporates, pursuant to a resolution passed by its Board on August 5, 2008 and a special resolution passed by its Shareholders on September 12, 2008, and a fresh certificate of incorporation, consequent upon change of name was issued to the Company by the Registrar of Companies, Maharashtra at Mumbai, on November 21, 2008. Further, the name of the Company was changed to Kusumgar Private Limited on account of expansion of business, pursuant to a special resolution passed in the extraordinary general meeting of its Shareholders on February 8, 2024, and a fresh certificate of incorporation was issued to the Company by the Registrar of Companies, Central Processing Centre, Manesar on March 28, 2024 pursuant to change of name. Thereafter, theCompany was converted into a public limited company pursuant to a special resolution dated December 27, 2024, passed in the extraordinary general meeting of its Shareholders, and consequently the name of the Company was changed to its present name i.e., Kusumgar Limited and a fresh certificate of incorporation dated January 28, 2025 was issued by the Registrar of Companies, Central Processing Centre, Manesar upon conversion to public company.
Bigshare Services Pvt Ltd is the registrar and share transfer agent of Kusumgar Ltd IPO.
