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Kiaasa Retail IPO

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BSE 23 February - 25 February 2026
Kiaasa Retail Limited IPO is a book build issue of 70 Cr. The issue is entirely a fresh issue of 5490000 shares aggregating to 70 Cr. Kiaasa Retail Limited IPO opened for subscription on Feb 23, 2026 and closed on Feb 25, 2026. The allotment for the this IPO was finalized on Feb 26, 2026. IPO was listed on NSE and BSE on Mar 02, 2026. Kiaasa Retail Limited IPO is set issue price band at ₹121 to ₹127 per share.

Current GMP

₹1 (+0.79%)

Price Band

₹ 121 – 127

Lot Size

1000

Issue Size

₹70 Cr

Minimum Investment

₹254000 (2000 Shares)

Listing Date

02 March 2026

Subscription

1.87x

About the Company

Incorporated in 2018, Kiaasa Retail Limited is a fast-growing Indian ethnic and fusion wear brand catering to modern women. Headquartered in Ghaziabad, the company offers a wide range of women’s apparel, footwear, and accessories, combining traditional aesthetics with contemporary styles.

Kiaasa’s product portfolio includes kurtas and kurta sets, suit sets, lehenga sets, salwar kameez, gowns, dresses, bottom wear, dupattas, jewellery, handbags, and scarves. The brand focuses on delivering high-quality, affordable fashion that reflects individuality while staying rooted in Indian culture.

As of February 28, 2025, the company operates 113 Exclusive Brand Outlets (EBOs) across 70 cities in India. Its retail network is managed through a flexible and scalable model comprising:

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

To further expand its reach, Kiaasa introduced the “Nine99 Store” concept in December 2023, targeting value-conscious customers in Tier 2 and Tier 3 cities with products priced below ₹999. The company has also adopted an omnichannel strategy by integrating its physical stores with leading e-commerce platforms such as Flipkart, Amazon, Myntra, and Limeroad, enhancing accessibility and customer convenience.

As of the same date, the company employed 340 full-time employees.

Competitive Strengths

  • Experienced leadership team driving rapid expansion
  • Designs aligned with local culture and consumer preferences
  • Strong quality control standards across product lines
  • Affordable pricing without compromising on quality

Overall, Kiaasa Retail Limited has positioned itself as a growing national brand in the women’s ethnic wear segment through a balanced mix of offline expansion, franchise partnerships, and digital integration.

Promoters

  1. Mr. Om Prakash
  2. Mr. Amit Chauhan
Promoters Holding

Holding Pre Issue

71.84%

Holding Post Issue

50.22%

Objects of the Issue

The Company Kiaasa Retail IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.

  1. Expenditure for opening new stores : 50.37 Cr
  2. General corporate purposes


Address / Contact Info

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

Phone: +91-9319008599
Email: cs@kiaasaretail.com
Website: https://kiaasa.com/

IPO Snapshot

Face Value₹10 per share
Price Band₹ 121 – 127
Lot Size1000
Issue TypeBook-building IPO
Sale TypeFresh Capital
Fresh Issue₹ 70.00 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 70.00 Cr
Listing AtBSE
IndustryTextile
SectorTrading
QIB Quota1%
BNII Quota26.67%
SNII Quota13.35%
Retail Quota58.98%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

Kiaasa Retail IPO is a Book-building IPO worth ₹70 crores. The price band is ₹121 to 127 per share. The IPO opens on Mon, Feb 23, 2026 and closes on Wed, Feb 25, 2026. It will be listed on BSE and NSE. Purva Sharegistry India Pvt Ltd is the registrar.

The Kiaasa Retail IPO opens on Mon, Feb 23, 2026 and closes on Wed, Feb 25, 2026

Kiaasa Retail IPO Price Band is ₹121 to 127.

Kiaasa Retail IPO lot size is 1000, and the minimum amount required for application is ₹254000.

The minimum investment for Kiaasa Retail IPO is approximately ₹254000 based on the upper price band.

To apply for the Kiaasa Retail IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Wed, Feb 25, 2026. After submission, funds are blocked until the basis of allotment of Kiaasa Retail IPO is finalised.

Kiaasa Retail IPO issue size is ₹70 crores.

Kiaasa Retail IPO allotment date is Sat, Jun 27, 2026.

The registrar for Kiaasa Retail IPO is Purva Sharegistry India Pvt Ltd. Investors can go to Purva Sharegistry India Pvt Ltd website for IPO allotment status, refund processing, and other queries related to Kiaasa Retail IPO through their official website or helpline.

The Kiaasa Retail IPO GMP (Grey Market Premium) is ₹1 as of Fri, Feb 13, 2026. Based on the upper price band of ₹127 per share, the estimated Kiaasa Retail IPO listing price is ₹128, indicating a potential listing gain of approximately 31% over the issue price.