Kiaasa Retail IPO Subscription Status

BSE SME
Minimum investment
₹ 2,54,000 2000 shares
View IPO details

Data sourced from BSE · Compiled by IPO Ji · IPO subscription data last updated

Total 2.10x·QIB 14.98x·NII 1.29x·Individual 2.43x

≈ 1 in 2 individual allotmentmoderate allotment chance

Based on individual subscription by applications (2.43×), approximately 1 in 2 individual applications may receive an allotment. Final allotment is decided by the registrar’s computerised lottery.

Kiaasa Retail Limited SME IPO was subscribed 2.1x in total when bidding closed on Feb 25, 2026, with 14.98x in the QIB category, 1.29x in NII, 2.43x in individual across BSE. The issue is oversubscribed, indicating healthy demand across investor categories. The issue ran from Feb 23, 2026 to Feb 25, 2026 at a price band of ₹121–₹127 per share. Allotment was finalised on Feb 26, 2026.

QIB14.98xNII1.29xIndividual2.43xTotal2.10x1x
Times subscribed by category against the 1× fully-subscribed line (bars capped at 10×).
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Subscription Details (No. of Shares)

Category Offer Applied Times
QIBs 52000 779000 14.98
NIIs 2087000 2688000 1.29
BNIIs (>10L) 1391000 2063000 1.48
SNIIs (<10L) 696000 625000 0.9
Individual 3076000 7478000 2.43
Total 5215000 10945000 2.1
Total Applications3,997 approx.

Application Wise Breakup (Approx.)

Category Reserve Applied Times
BNIIs (>10L) 464 53 0.11
SNIIs (<10L) 232 201 0.87
Individual 1,538 3,739 2.43
Total Applications3,997 approx.

Subscription Details (In Crores)

Category Offered Demand Times
QIBs 0.66 9.89 14.98
FIIs - 8.88 -
DIIs - 1.02 -
Mutual Funds - 0.00 -
Others - 0.00 -
NIIs 26.5 34.14 1.29
BNIIs (>10L) 17.67 26.2 1.48
SNIIs (<10L) 8.84 7.94 0.9
Individual 39.07 94.97 2.43
TOTAL 66.23 139 2.1

Day-wise subscription

Total subscription trend0.11x to 2.10x+1.99x
0.00x2.10x1x0.11xDay 10.65xDay 22.10xDay 3
As on QIB
NII
bHNI
sHNI
Individual Total
Day 1
23 Feb 2026
5:00 PM
1.00x
0.01x
0.00x
0.04x
0.16x 0.11x
Day 2
24 Feb 2026
5:00 PM
1.00x
0.74x
1.03x
0.15x
0.59x 0.65x
Day 3
25 Feb 2026
5:00 PM
14.98x
1.29x
1.48x
0.90x
2.43x 2.10x

Subscription by number of applications

Anticipated subscription based on the number of applications received (an alternative to the shares-based figures above), sourced from BSE.

CategoryTimes (by applications)
bHNI0.11x
sHNI0.87x
Individual2.43x

What this means for allotment & listing

Because Kiaasa Retail closed oversubscribed, applicants were not guaranteed full allotment. In oversubscribed issues, shares are allotted according to the applicable category and exchange rules, so applicants are not guaranteed full allotment once an issue is oversubscribed. The number of times each category is subscribed is one indicator of demand, alongside the company's fundamentals and the broader market.

A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice. Investors should read the company's prospectus and consult a SEBI-registered adviser before making any decision.

Listed at BSE SME · Registrar: Purva Sharegistry (India) Pvt.Ltd. · Bidding data sourced from the BSE public-issue platform under SEBI ICDR regulations.

IPO subscription status shows how many times an issue has been applied for, compared with the shares on offer, broken down by Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and the Retail or SME Individual Investor category. A figure of "2x" means investors applied for twice the shares available. See how IPO subscription works and track all live IPOs →

Kiaasa Retail IPO subscription FAQs

Kiaasa Retail Limited IPO was subscribed 2.1x at close on Feb 25, 2026, with 14.98x in QIB, 1.29x in NII, 2.43x in individual.

Yes. Kiaasa Retail IPO was subscribed 2.1x, meaning investors applied for 2.1x the number of shares on offer.

Based on individual subscription by applications (about 2.43x), approximately 1 in 2 individual applications may receive an allotment. This is an estimate — the final allotment is decided by the registrar's computerised lottery, and the odds can change while bidding is open.

The Kiaasa Retail IPO allotment was finalised on Feb 26, 2026. You can check your allotment status by PAN or application number on the registrar's website or on IPO Ji.

Kiaasa Retail IPO has a price band of ₹121–₹127 per share, with a minimum individual investor application of ₹2,54,000 for 2000 shares.

It means investors have applied for X times the number of shares the company is offering. For example, 5x means demand was five times the shares available. A figure above 1x is called oversubscription; below 1x is undersubscription.

No. The higher an issue is oversubscribed, the lower each applicant’s chance of allotment. SME shares are allotted according to the applicable Individual Investor, NII and exchange rules, so oversubscription does not guarantee full allotment.

QIB covers qualified institutions. Under the current SME IPO framework, an Individual Investor applies for the minimum application size of two lots above ₹2 lakh, while applicants bidding for more than two lots are classified in the NII category. Each category has its own reserved portion and allotment rules.

IPO Ji updates subscription figures through the bidding day using data sourced from BSE. The "Last updated" time shown on the page reflects the most recent refresh.

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