Kusumgar plans a ₹650 crore offer for sale, reducing promoter stake to 75.4%. The engineered fabrics manufacturer boasts strong EBITDA margins, exceeding its listed peers. Revenue declined in FY26 due to deferred orders and US tariffs impacting exports. Operating cash flow improved significantly after a deficit in the prior year. Investors with high-risk appetite may consider this issue for long-term.

Kusumgar's ₹650 crore IPO will open on July 8 with a 33% grey market premium. The engineered fabrics maker, serving defence and aerospace sectors, is launching a pure offer for…

Kusumgar's Rs 650 crore public issue opens for subscription on July 8, with its shares commanding a 33% GMP in the grey market ahead of the launch.

Kusumgar plans a ₹650 crore offer for sale, reducing promoter stake to 75.4%. The engineered fabrics manufacturer boasts strong EBITDA margins, exceeding its listed peers. Revenue…