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Kusumgar IPO logo

Kusumgar IPO Subscription History

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Subscription Status  ·  Jul 08 – Jul 10, 2026  ·  ₹398–419

The Kusumgar IPO subscription has recorded exceptional investor demand with an overall subscription of 128.85× as of Jul 10, 2026, indicating that investors applied for 128.85 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.

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  • QIB (Qualified Institutional Buyers) subscribed 284.10×, heavyweight participation from mutual funds, foreign institutional investors (FIIs), and domestic banks. Strong QIB demand is widely regarded as one of the most reliable indicators of a successful listing.
  • HNI / NII category. Big NII (bids above ₹10 lakh) subscribed 179.81× and Small NII (below ₹10 lakh) subscribed 136.75×. High-net-worth investors are aggressively leveraging borrowed funds, signalling strong listing-gain expectations.
  • Retail investors subscribed 26.47×, demand vastly exceeds supply in the retail category. Allotment will be conducted via computerised lottery; each successful applicant is likely to receive exactly 1 lot.
QIB
284.10×
Qualified Institutional Buyers
NII
165.46×
Non-Institutional Investors
bNII
179.81×
Bids above ₹10L
sNII
136.75×
Bids below ₹10L
Retail
26.47×
Retail Individual Investors
Employees
10.48×
Employee Category
Total
128.85×
Massively Oversubscribed

Live Subscription Data

Last updated: Jul 10, 2026, 5:44 PM IST

Overall
128.85×
Category Shares Offered Shares Bid For Times Subscribed
QIB
Qualified Institutional Buyers
3,248,743 922,968,200
284.10×
NII
Non-Institutional Investors
2,436,558 403,142,775
165.46×
bNII
Bids above ₹10L
1,624,372 292,078,395
179.81×
sNII
Bids below ₹10L
812,186 111,064,380
136.75×
Retail
Retail Individual Investors
5,685,302 150,476,935
26.47×
Employees
Employee Category
97,491 1,021,580
10.48×
Total
11,468,094 1,477,609,490
128.85×
Massively Oversubscribed — 128.85× overall Allotment probability may be lower due to high demand

Day-wise Subscription Trend

How subscription built up across investor categories over time

Day-wise Subscription History

Snapshot of each day's bidding activity

Wed, Jul 08, 2026
6.84×
Category Offered Bid For Times
QIB 3,248,743 1,644,090 0.51×
NII 2,436,558 41,391,525 16.99×
bNII 1,624,372 26,874,260 16.54×
sNII 812,186 14,517,265 17.87×
Retail 5,685,302 35,097,230 6.17×
Employees 97,491 261,275 2.68×
Total 11,468,094 78,394,120 6.84×
Thu, Jul 09, 2026
13.13×
Category Offered Bid For Times
QIB 3,248,743 7,097,160 2.18×
NII 2,436,558 89,272,855 36.64×
bNII 1,624,372 60,420,815 37.20×
sNII 812,186 28,852,040 35.52×
Retail 5,685,302 53,811,205 9.46×
Employees 97,491 375,865 3.86×
Total 11,468,094 150,557,085 13.13×
Fri, Jul 10, 2026
128.85×
Category Offered Bid For Times
QIB 3,248,743 922,968,200 284.10×
NII 2,436,558 403,142,775 165.46×
bNII 1,624,372 292,078,395 179.81×
sNII 812,186 111,064,380 136.75×
Retail 5,685,302 150,476,935 26.47×
Employees 97,491 1,021,580 10.48×
Total 11,468,094 1,477,609,490 128.85×

Frequently Asked Questions

What is the current subscription status of Kusumgar IPO?

As of July 10, 2026, the Kusumgar IPO has been subscribed 128.85 times overall. The IPO is fully subscribed with strong investor demand indicating extremely high interest.

When was the Kusumgar IPO subscription window open?

The Kusumgar IPO subscription window was open from July 08, 2026 to July 10, 2026. Investors could apply through their demat account or ASBA facility.

What is the price band and minimum investment for Kusumgar IPO?

The Kusumgar IPO has a price band of ₹398 to ₹419 per share, with a lot size of 35 shares. Minimum retail investment: ₹13,930 (lower band) or ₹14,665 (upper band).

What is the QIB subscription for Kusumgar IPO?

The QIB category has been subscribed 284.10 times. QIBs were offered 3,248,743 shares. Strong QIB subscription indicates high institutional confidence.

What is the Retail subscription for Kusumgar IPO?

Retail investors subscribed 26.47 times. Retail was offered 5,685,302 shares. High retail subscription reflects strong small-investor interest.

What is the NII subscription for Kusumgar IPO?

Overall NII: 165.46×. bNII (>₹10L): 179.81×, sNII (<₹10L): 136.75×. NII includes HNIs and corporate entities investing above ₹2 lakh.

How can I check my Kusumgar IPO allotment status?

Basis of allotment is on July 13, 2026. Check via the registrar's website, Bigshare Services Private Limited using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.

When will Kusumgar IPO be listed?

Kusumgar IPO is expected to list on July 15, 2026. Shares will list on NSE,BSE. Allotted shares are credited to your demat account 1 business day before listing.

What does 128.85× subscription mean for Kusumgar IPO?

A subscription multiple of 128.85× means investors have bid for 128.85 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.

What is the allotment probability for Kusumgar IPO retail investors?

Based on the current retail subscription of 26.47×, the estimated allotment probability for retail investors is Low–Moderate. Lottery-based allotment. Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has an equal probability regardless of the number of lots applied for.

How to apply for Kusumgar IPO?

You can apply for Kusumgar IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Jul 08 to Jul 10, 2026.

What is the grey market premium (GMP) for Kusumgar IPO?

The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Kusumgar IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.

New to reading subscription numbers? Read our guide on IPO subscription explained.

IPO Details

Open Date
Jul 08, 2026
Close Date
Jul 10, 2026
Allotment
Jul 13, 2026
Listing Date
Jul 15, 2026
Price Band
₹398 – ₹419
Lot Size
35 shares
Min. Investment
₹14,665
Exchange
NSE,BSE
Registrar
Bigshare Services Private Limited
View Full IPO Details

What Happens Next

  1. Subscription Opens Done

    Jul 08, 2026
  2. Subscription Closes Done

    Jul 10, 2026
  3. Basis of Allotment Done

    Jul 13, 2026
  4. Listing on NSE,BSE Done

    Jul 15, 2026

Allotment Probability

Low–Moderate

Lottery-based allotment. Based on retail subscription of 26.47×.

Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has equal odds regardless of lot size applied.

Share Allocation

QIB 28.3%
NII 21.2%
Retail 49.6%
Total Shares 11,468,094

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Subscription Guide

≥ 10× Heavily Oversubscribed
1× – 10× Subscribed / Oversubscribed
0.5× – 1× Partially Subscribed
< 0.5× Under-subscribed

Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.