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IPO Synopsis

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IPO

Kusumgar Ltd
  • Registered Office: 101, Manjushree, V M Road,,Corner of N S Rd No.5 JVPD Sch, Mumbai - 400056, Maharashtra, India. Phone : +91-22-6112 5100   Fax:
  • Email : cs@kusumgar.com
  • Website :https://www.kusumgar.com/
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.
Issue
Opens On Closes On
08-Jul-26 10-Jul-26
Money Payable On
Application Allotment
398.00 0.00
Minimum Application for shares in Nos : 35 Further Multiples of : 35
Cr Lead Managers to the Issue
Project Cost (.Cr) 0.00 Axis Capital Limited
Project Financed through Current Offer (.Cr) 650.00  
Post Issue Equity Share Capital (.Cr) 12.05
Issue Price () 398.00
Projects
listing the Equity Shares on the Stock Exchanges
Promoted By
Yogesh Kantilal Kusumgar
Siddharth Yogesh Kusumgar
Sapna Siddharth Kusumgar
Listing At
BSE
NSE
Registrar to the Issue
Bigshare Services Pvt Ltd