Kiaasa Retail IPO Details

SME BSE

Kiaasa Retail IPO Summary

Kiaasa Retail Logo | Kiaasa Retail IPO Details, Date, Price, GMP, Live Subscription

Kiaasa Retail IPO opens for subscription on 23 Feb 2026 and closes on 25 Feb 2026.The IPO will be listed on BSE with the tentative listing date set for 02 Mar 2026.

Kiaasa Retail IPO price band has been fixed at ₹121 – ₹127 per share. The face value is ₹10 per share with a lot size of 1000.

Kiaasa Retail IPO total issue size comprises 54,90,000 shares (aggregating up to ₹69.72 Cr). This includes a fresh issue of 54,90,000 shares (aggregating up to ₹69.72 Cr). Pre-issue shareholding stands at 1,27,39,005, which will increase to 1,82,29,005 post-issue.

Kiaasa Retail IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

Kiaasa Retail IPO Lot Size :Individual Minimum is 2 lots (2,000 shares) amounting to ₹254,000. Individual Maximum is 2 lots (2,000 shares) amounting to ₹254,000. SHNI Minimum is 3 lots (3,000 shares) amounting to ₹381,000. SHNI Maximum is 7 lots (7,000 shares) amounting to ₹889,000. BHNI Minimum is 8 lots (8,000 shares) amounting to ₹1,016,000.

The Lead Managers for Kiaasa Retail IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Expert Global Consultants Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Prabhat Financial Services. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the Kiaasa Retail Limited RHP.

Kiaasa Retail IPO Details

Open Date
23 Feb 2026
Close Date
25 Feb 2026
Listing Date
02 Mar 2026
Issue Price
₹121 - ₹127
Face Value
₹10 per share
Lot Size
1000 Shares
GMP
₹0
Issue Type
IPO
Listing On
BSE
Type
Book Built Issue
Pre-issue Shareholding
1,27,39,005 shares
Post-issue Shareholding
1,82,29,005 shares
Total Issue Size
54,90,000 shares(aggregating up to ₹69.72 Cr)
Fresh Issue
54,90,000 shares(aggregating up to ₹69.72 Cr)
Offer for Sale
-

Kiaasa Retail IPO Subscription

Kiaasa Retail IPO Application Wise Breakup

Kiaasa Retail IPO Dates

  • 23 Feb 2026
    Opening dateOpen
  • 25 Feb 2026
    Closing dateClose
  • 26 Feb 2026
    Allotment Date Allotment
  • 27 Feb 2026
    Initiation of RefundsRefund
  • 27 Feb 2026
    Credit of SharesCredit
  • 02 Mar 2026
    Listing dateListing

Kiaasa Retail IPO Lot Size

ApplicationLotsSharesAmount
Individual Minimum22000₹254,000
Individual Maximum22000₹254,000
SHNI Minimum33000₹381,000
SHNI Maximum77000₹889,000
BHNI Minimum88000₹1,016,000

Kiaasa Retail IPO Reservation

Promoter Holding

Pre Issue:
71.84%
Post Issue:
50.22%
Promoter Names:
Mr. Om Prakash, Mr. Amit Chauhan

Kiaasa Retail IPO Valuations

ROE73.29%
ROCE33.23%
Debt/Equity1.25
RoNW45.19%
PAT Margin6.75%

Kiaasa Retail Financial Information

Period Ended28 Feb 202531 Mar 202431 Mar 202331 Mar 2022
Assets141.4795.4254.2630.18
Total Income107.6785.1950.1826.75
Profit After Tax7.385.742.461.36
NET Worth39.6712.712.960.50
Reserves and Surplus34.008.212.460.00
Total Borrowing25.1415.8821.1715.65
Amount in ₹ Crore

About Kiaasa Retail IPO

Established in 2018, Kiaasa Retail Limited is an Indian fashion brand focused on women’s ethnic and fusion wear. Headquartered in Ghaziabad, the Company operates through an expanding retail network across India.

The Company offers a diverse product portfolio including kurtas and kurta sets, suit sets, lehenga sets, bottoms, dupattas, footwear, jewellery, bags, and scarves, catering to various customer preferences and occasions.

Kiaasa operates through exclusive brand outlets and online platforms to provide greater accessibility and an omni-channel shopping experience. The Company operates 113 brand outlets across 70 cities in India.

Retail Operating Models

  • Franchise Owned Franchise Operated (FOFO)
  • Company Owned Company Operated (COCO)
  • Franchise Invested Company Operated (FICO)

As of February 28, 2025, the Company employed 340 full-time employees across operations, merchandising, retail, and administrative functions.

Strength Of Kiaasa Retail IPO

  • Strong leadership and fast growth.
  • Designs that connect with local culture.
  • Strict quality checks for every product.
  • Affordable prices without compromising quality.
  • Stock that matches the seasons.

Risk Of Kiaasa Retail IPO

  • Our business from retail outlet is concentrated in the state of Uttar Pradesh only. For the eleven-month period ended February 28, 2025, revenue from Uttar Pradesh constituted Rs. 2,326.39 Lakhs i.e. 28.81% of our revenue for February 28, 2025. Any adverse impact in this region may adversely affect our business, results of operations and financial condition.
  • Our offices, including our Registered Office and Branch Offices, are located on leased premises, and any disruption in these lease arrangements could adversely affect our business, operations, and financial performance.
  • Our brand image is integral to our success and if we are unable to effectively maintain, promote and enhance our brand, and conduct our sales and marketing activities effectively, our business and reputation may be adversely affected.
  • Our proposed expansion plans relating to the opening of new stores are subject to the risk of unanticipated delays in implementation and cost overruns.
  • We have experienced delays in the timely repayment of our loan obligations in the past, and any continued delays or defaults may adversely affect our creditworthiness, financial flexibility, and ability to raise future capital.
  • In the past Company had delayed in the EPF and GST returns. This may adversely affect the financial performance and regulatory compliance of the company
  • There are certain discrepancies/errors noticed in some of our corporate records relating to forms filed with the Registrar of Companies and other provisions of Companies Act, 2013. Any penalty or action taken by any regulatory authorizes in future for non-compliance with provisions of corporate and other law could impact the financial position of the Company to that extent.
  • Our reliance on third-party suppliers and vendors for procurement of finished products exposes us to supply chain risks, and heavy dependence on a limited number of vendors may adversely affect our business, cash flows, and financial condition.
  • Our inability to collect receivables and default in payment from our customers could result in the reduction of our profits and affect our cash flows.
  • We have not made any alternate arrangements for meeting our capital requirements for the Objects of the Issue. Further we have not identified any alternate source of financing the `Objects of the Issue'. Any shortfall in raising / meeting the same could adversely affect our growth plans, operations and financial performance.

Objectives Kiaasa Retail IPO

1. Expenditure for opening new stores

2. General corporate purposes

Company Contact Details

Kiaasa Retail Ltd.
1/37,
SSGT Road Industrial Area
Ghaziabad, Uttar Pradesh, 201001
Phone: +91-9319008599
Email: cs@kiaasaretail.com
Website: https://kiaasa.com/

Registrar Contact Details

Name:
Purva Sharegistry India Pvt Ltd
Phone:
+91-22-31998810, +91-22-49614132

Kiaasa Retail FAQs

The Kiaasa Retail IPO is a SME public issue comprising 5490000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹69.72 Cr. The issue price has been fixed at ₹127 per equity share, and the minimum application size is 1000 shares.

The IPO opens for subscription on 23 Feb 2026, and closes on 25 Feb 2026.

Purva Sharegistry India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE

The Kiaasa Retail IPO opens on 23 Feb 2026.

Kiaasa Retail IPO lot size is 1000, and the minimum amount required for application is ₹127000.

You may apply for the Kiaasa Retail IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Kiaasa Retail IPO is scheduled to be finalized on 26 Feb 2026. Subsequently, the shares allotted will be credited to investors’ demat accounts by 27 Feb 2026. Investors are advised to regularly check the Kiaasa Retail IPO allotment status for updates.

The listing date for the Kiaasa Retail IPO has not yet been officially announced. However, the tentative listing date is scheduled for 02 Mar 2026.

Kiaasa Retail IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at ₹0 (0%).

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