Kiaasa Retail IPO Details
Kiaasa Retail IPO GMP
Offer Price₹127 Lot Size1,000 Listing Price ₹123 (-3.15% ▼) Subscription1.63x Offer TimeFed 23 to Fed 25
Listed
Check Allotment Status Kiaasa Retail IPO Deatils : GMP, Subscription, Date
- 📄 IPO Details
- 📊 IPO Subscribe
- 📅 Important Date
- 📈 Day Wise Gmp
- 🧮 Day Wise Subscribe
- 📦 Ipo Lot Size
- 🏷️ Ipo Reservation
- 🏢 About Company
- 🎯 Objective of Ipo
- 🚀 Financial Report
Ipo Details
| IPO Detail | Information |
|---|
| IPO Date | 23 to 25 Feb, 2026 |
| Listing Date | Mon, Mar 2, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹121 to ₹127 |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 54,90,000 shares (₹70 Cr) |
| Reserved for Market Maker | 2,75,000 shares (₹3 Cr) – Prabhat Financial Services Ltd. |
| Net Offered to Public | 52,15,000 shares (₹66 Cr) |
| Pre Issue Holding | 1,27,39,005 shares |
| Post Issue Holding | 1,82,29,005 shares |
Subscription
| Anchor | 1.00x |
| QIB | 1.12x |
| NII | 1.52x |
| bNII | 1.29x |
| sNII | 0.90x |
| Retail | 2.12x |
| Individual | 2.43x |
| Total | 1.63x |
Important Date
| Event | Date |
|---|
| IPO Open | Mon, Feb 23, 2026 |
| IPO Close | Wed, Feb 25, 2026 |
| Allotment | Thu, Feb 26, 2026 |
| Refund | Fri, Feb 27, 2026 |
| Credit of Shares | Fri, Feb 27, 2026 |
| Listing | Mon, Mar 2, 2026 |
Day Wise Gmp
| Date | Price | GMP | Sub | Est Price | Profit | Updated |
|---|
| 01-03-2026 | ₹127.00 | ₹0.00 — | 1.63 | ₹127.00 | ₹0.00 | 23:48 |
| 28-02-2026 | ₹127.00 | ₹0.00 — | 1.63 | ₹127.00 | ₹0.00 | 23:51 |
| 27-02-2026 | ₹127.00 | ₹0.00 — | 2.05 | ₹127.00 | ₹0.00 | 23:47 |
| 26-02-2026 | ₹127.00 | ₹0.00 — | 2.05 | ₹127.00 | ₹0.00 | 23:51 |
| 25-02-2026 | ₹127.00 | ₹0.00 ▼ | 2.05 | ₹127.00 | ₹0.00 | 23:57 |
| 24-02-2026 | ₹1000.00 | ₹26.00 — | 0.60 | ₹1026.00 | ₹3302.00 | 23:59 |
| 23-02-2026 | ₹1000.00 | ₹26.00 ▲ | 0.11 | ₹1026.00 | ₹3302.00 | 23:42 |
| 22-02-2026 | ₹1000.00 | ₹0.00 — | 0.00 | ₹1000.00 | ₹0.00 | 23:43 |
Day Wise Subscribe
| Date | Anchor | QIB | NII | BNII | SNII | Total |
| 25 Feb | 1x | 14.98x | 1.16x | 1.29x | 0.9x | 2.05x |
| 24 Feb | 1x | 1x | 0.61x | 0.83x | 0.15x | 0.6x |
| 23 Feb | - | 1x | - | - | 0.04x | 0.11x |
Ipo Lot Size
| Application | Lots | Shares | Amount |
|---|
| Retail (Min) | 2 | 2,000 | ₹2,54,000 |
| Retail (Max) | 2 | 2,000 | ₹2,54,000 |
| S-HNI (Min) | 3 | 3,000 | ₹3,81,000 |
| S-HNI (Max) | 7 | 7,000 | ₹8,89,000 |
| B-HNI (Min) | 8 | 8,000 | ₹10,16,000 |
Ipo Reservation
| Category | Shares Offered |
|---|
| Market Maker Shares | 2,75,000 (5.01%) |
| QIB Shares | 52,000 (0.95%) |
| NII (HNI) Shares | 20,87,000 (38.01%) |
| – bNII > ₹10L | 13,91,000 (25.34%) |
| – sNII < ₹10L | 6,96,000 (12.68%) |
| Retail Shares | 30,76,000 (56.03%) |
| Total Shares | 54,90,000 (100%) |
About Company
| Section | Details |
| Company Overview | Established in 2018, Kiaasa Retail Limited is an Indian fashion brand focused on women's ethnic and fusion wear. Based in Ghaziabad, it operates over 100 stores across 80+ cities in India. |
| Product Range | Women’s ethnic apparel, footwear and accessories including salwar kameez, lehengas, jewellery, bags and scarves. |
| Business Model | Operates through exclusive outlets and online platforms. Retail formats include FOFO (Franchise Owned Franchise Operated), COCO (Company Owned Company Operated), and FICO (Franchise Invested Company Operated). |
| Store Network | 113 brand outlets in 70 cities along with an online presence. |
| Employee Strength | As of February 28, 2025, the company had 340 full-time employees. |
| Competitive Strength | As detailed in the offer document. |
Objective of Ipo
| # | Issue Objects | Estimated Amount (₹ Cr) |
| 1 | Expenditure for opening new stores | 46.45 |
| 2 | General corporate purposes | - |
| Total | | 46.45 |
Financial Report
| Ratio | Value |
|---|
| ROE | 20.20% |
| ROCE | 12.02% |
| Debt/Equity | 0.91 |
| RoNW | 14.03% |
| PAT Margin | 11.46% |
| EBITDA Margin | 21.17% |
| Price to Book Value | 3.42 |
