Kiaasa Retail IPO Details
The Kiaasa Retail IPO is a book build issue with a total issue size of ₹70 cr, comprising of fresh issue of 5490000 equity shares. Kiaasa Retail IPO opened for subscription on Feb 23, 2026 and closed on Feb 25, 2026. Kiaasa Retail IPO is set price band at ₹121 to ₹127 per share, with a lot size of 1000 shares. Minimum investment for Retail investors was ₹254,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Feb 26, 2026, and listed on both the NSE and BSE on Mar 02, 2026.
Purva Sharegistry India Pvt Ltd has been appointed as the registrar. Expert Global Consultants Private Limited are the Book Running Lead Manager for the issue.
Before investing in the Kiaasa Retail IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 121 – 127
- Lot Size
- 1000
- Issue Size
- ₹70 Cr
- Minimum Investment
- ₹254000 (2000 Shares)
- Listing Date
- 02 March 2026
Current GMP
₹1 (+0.79%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Kiaasa Retail Limited
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.
Kiaasa Retail IPO Promoters
- Mr. Om Prakash
- Mr. Amit Chauhan
Promoters Holding
Holding Pre Issue
71.84%
Holding Post Issue
50.22%
Kiaasa Retail IPO Objective
The Company Kiaasa Retail IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Expenditure for opening new stores : 50.37 Cr
- 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
Book Running Lead Managers
- Expert Global Consultants Private Limited
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 with a total issue size of ₹70 crore. The Kiaasa Retail IPO price band is ₹121 to 127 per share. The Kiaasa Retail IPO subscription opens on Mon, Feb 23, 2026, and closes on Wed, Feb 25, 2026. The Kiaasa Retail IPO will be listed on the BSE. Purva Sharegistry India Pvt Ltd is the registrar for the Kiaasa Retail IPO.
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 per share.
Kiaasa Retail IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹254000 based on the upper price band
The minimum investment for Kiaasa Retail IPO is ₹254000, based on one lot of 1000 shares at the upper price band of ₹127 per share.
Investors can apply for the Kiaasa Retail IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Feb 25, 2026. The application amount remains blocked until the Kiaasa Retail IPO allotment is finalized.
Kiaasa Retail IPO issue size is ₹70 crores.
Kiaasa Retail IPO allotment date is Wed, Jul 1, 2026.
The registrar for Kiaasa Retail IPO is Purva Sharegistry India Pvt Ltd. Investors can go to Purva Sharegistry India Pvt Ltd website to check Kiaasa Retail IPO allotment status, refund processing, and other IPO-related information.
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 0% over the issue price.