Kiaasa Retail IPO

Kiaasa Retail is a BSE SME IPO listed on the BSE SME platform, priced at ₹121–₹127 per share. The stock debuted at ₹123. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹2,54,000.

Kiaasa Retail Limited IPO

BSE SME Listed
₹2,54,000 (2000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Feb 23, 2026 – Feb 25, 2026
Price band
₹121-127 per equity share
Minimum Investment
₹2,54,000
Issue size
₹69.72 Cr
Lot size
1000
Allotment Date
Feb 26, 2026
Listing
Mar 2, 2026
Listing At
BSE SME

IPO timeline

  1. Feb 23, 2026

    Open Date

    Completed

  2. Feb 25, 2026

    Close Date

    Completed

  3. Feb 26, 2026

    Allotment Date

    Completed

  4. Mar 2, 2026

    Listing Date

    Completed

Kiaasa Retail IPO Subscription Details

View Subscription Details
QIB 14.98x
Individual 2.43x
NIIs 1.29x
bHNI 1.48x
sHNI 0.90x
Individual 2.43x
Total 2.10x

Kiaasa Retail IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

Kiaasa Retail IPO Essentials

Kiaasa Retail IPO Details

Kiaasa Retail IPO is priced at ₹121-127 per share with a total issue size of 69.72 crore. The IPO has a lot size of 1000 shares and is listed on BSE SME.

Issue price
₹121-127 per equity share
Lot size
1000 shares
Face value
₹10 Per Equity Share
Issue size
54,90,000 shares(agg. up to ₹69.72 Cr)
Total issue size
54,90,000 shares
(aggregating up to ₹69.72 crore)
Fresh issue
54,90,000 shares
(aggregating up to ₹69.72 crore)
Listing at
BSE SME
List price
123.0
Listing date
Registrar
Purva Sharegistry (India) Pvt.Ltd.
Lead manager
Expert Global Consultants Pvt.Ltd.

Market Lot Size

Investors can bid for a minimum of 2,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Individual (min) 2 2,000 ₹2,54,000
Individual(max) 2 2,000 ₹2,54,000
sHNI(min) 3 3,000 ₹3,81,000
sHNI(max) 7 7,000 ₹8,89,000
sHNI(min) 8 8,000 ₹10,16,000

Kiaasa Retail IPO Documents

Kiaasa Retail IPO Reservation

Kiaasa Retail IPO reservation details show category-wise allocation of shares. Out of the total 5490000 shares, approximately 0.95% are reserved for QIB, 38.01% for NII, 56.03% for retail investors, and 5.01% for market maker.

Investor Category Shares Offered Maximum Allottees
Market Maker Shares Offered 275000 (5.01%)
QIB Shares Offered 52000 (0.95%)
NII (HNI) Shares Offered 2087000 (38.01%)
bHNI > ₹10L 1391000 (9.39%) 464
sHNI < ₹10L 696000 (4.85%) 232
Individual Shares Offered 3076000 (56.03%) 1538
Total Shares Offered 5490000 (100%)

Kiaasa Retail IPO Analytics

Kiaasa Retail IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Kiaasa Retail IPO Subscription Status

Kiaasa Retail IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 2.1x, indicating moderate demand across investor categories.

As on QIB
NII
bHNI
sHNI
Individual Total
Shares Offered / Reserved 52,000
20,87,000
13,91,000
6,96,000
30,76,000 52,15,000
Day 1 23-02-26 05:00 PM
1.00 x
0.01x
0.00x
0.04x
0.16 x 0.11 x
Day 2 24-02-26 05:00 PM
1.00 x
0.74x
1.03x
0.15x
0.59 x 0.65 x
Day 3 25-02-26 05:00 PM
14.98 x
1.29x
1.48x
0.90x
2.43 x 2.10 x
Total No. of Applications
bHNI sHNI Individual
3997 (Approx) 0.11x 0.87x 2.43x

Kiaasa Retail Valuations

Fundamentals

Market Cap
Cr.

Data sourced from DRHP / RHP • For educational purposes only

Kiaasa Retail Financials( In Crs.)

28-Feb-25 31-Mar-24 31-Mar-23 31-Mar-22
Assets 141.47 95.42 54.26 30.18
Revenue 107.67 85.19 50.18 26.75
Profit After Tax 7.38 5.74 2.46 1.36
Net Worth 39.67 12.71 2.96 0.50
Reserves & Surplus 34.00 8.21 2.46 0.00
Total Borrowing 25.14 15.88 21.17 15.65

Kiaasa Retail Company & Offer Insights

About Kiaasa Retail

Founded in 2018, Kiaasa Retail Limited is an Indian fashion brand that specializes in women's ethnic and fusion wear. Founded in 2018 and headquartered in Ghaziabad, it has over 100 stores across more than 80 cities in India.

Kiaasa provides a wide range of women's ethnic wear, including:
Kurtas and Kurta Sets
Suit Sets
Lehenga Sets
Bottoms and Dupattas
Accessories

Kiaasa is an ethnic wear brand that provides a variety of women's clothing, footwear, and accessories such as salwar kameez, lehengas, jewelry, bags, and scarves.
The brand caters to the fashion requirements of Indian women with high-quality and affordable products that symbolize individuality.
The company functions through exclusive stores and e-commerce sites for better reach.The company has 113 brand stores across 70 cities, along with an e-commerce site.The company functions through three models: FOFO (Franchise Owned Franchise Operated), COCO (Company Owned Company Operated), and FICO (Franchise Invested Company Operated), which helps in effective management of the retail chain.
As of February 28, 2025, the company employed 340 full-time employees

Kiaasa Retail Promoter(s)

Mr. Om Prakash, Mr. Amit Chauhan are the company's promoters of Kiaasa Retail.

Kiaasa Retail IPO Issue Objectives

Expenditure for opening new stores
General corporate purposes

Contact Information

Contact Details

Kiaasa Retail

+91 9319008599

cs@kiaasaretail.com

https://kiaasa.com/

1/37, SSGT Road Industrial Area Ghaziabad, Uttar Pradesh, 201001

Registrar Contact Details

Purva Sharegistry India Pvt Ltd

+91-022-23018261/ 23016761

newissue@purvashare.com

https://www.purvashare.com/investor-service/ipo-query

Frequently Asked Questions

Click any question to reveal the answer

Kiaasa Retail IPO is a book-built IPO worth ₹69.72 crore. The price band is ₹121–₹127 per share. The IPO opens on Feb 23, 2026 and closes on Feb 25, 2026. It will be listed on BSE SME Platform. Purva Sharegistry (India) Pvt. Ltd. is the registrar.

The price band of Kiaasa Retail IPO is ₹121 to ₹127 per share.

The lot size of Kiaasa Retail IPO is 1000 shares.

The minimum investment for Kiaasa Retail IPO is approximately ₹2,54,000 based on the upper price band .

Kiaasa Retail IPO opens on Feb 23, 2026 and closes on Feb 25, 2026.

The allotment date of Kiaasa Retail IPO is Feb 26, 2026.

Kiaasa Retail IPO is expected to be listed on Mar 2, 2026, on BSE SME Platform.

Kiaasa Retail IPO valuation snapshot: P/E N/A, EPS ₹/-, P/B N/A, RoNW %, and market cap Cr.

To apply for Kiaasa Retail IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Kiaasa Retail IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Kiaasa Retail IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Kiaasa Retail IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Kiaasa Retail IPO allotment status on IPO Ji for quick and easy access.