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Retailopædia

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The Encyclopædia of Indian Retail — revised every hour



IPO Analysis confidence 62/100

Kusumgar Limited IPO: Niche Materials Maker Eyes Defence & Export Boom—But No Fresh Cash Raised

The advanced-materials manufacturer targets aerospace, defence and activewear growth, yet its pure OFS structure means zero IPO proceeds flow back into operations or capex.

bt-corporate · 7/7/2026, 8:01:52 PM · Ask about this →