Kiaasa Retail Limited
ListedSMEConsumer Discretionary (Retail and Fashion) · BSE
Established in 2018, Kiaasa Retail Limited is an Indian fashion brand that focuses on women’s ethnic and fusion wear, with its headquarters in Ghaziabad and a growing presence across many cities in India through both offline stores and online platforms. The company offers a wide range of products such as kurtas and kurta sets, suit sets, lehenga sets, bottoms, dupattas, accessories, along with footwear, jewellery, bags, and scarves to meet the complete fashion needs of modern Indian women. Kiaasa aims to provide high-quality and affordable fashion that reflects individual style and changing trends, while improving customer reach and convenience through exclusive brand outlets and digital channels. The company currently has a strong retail network of 113 outlets across 70 cities and follows a multi-channel strategy using FOFO, COCO, and FICO models to support expansion and better operations, and as of February 28, 2025, it had 340 full-time employees.
Price Band
₹121 – ₹127
Issue Size
₹549.00 L Cr
Lot Size
1000 shares
GMP
—
Est. Listing
₹127
at current GMP
Subscribed
2.10x
overall
Open
23 Feb 2026
Close
25 Feb 2026
Allotment
26 Feb 2026
Refund
27 Feb 2026
Demat Credit
28 Feb 2026
Listing
2 Mar 2026
Last updated 7 months ago
Overall Subscription
2.10x
Total Demand
QIB Multiplier
14.98x
Institutions & Funds
NII / HNI
1.29x
High Net-Worth
Retail (RII)
2.43x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 52,000 | 779,000 | 14.98x |
| NIB | 2,087,000 | 2,688,000 | 1.29x |
| HNIs(10L +) | 1,391,000 | 2,063,000 | 1.48x |
| HNIs (2-10L) | 696,000 | 625,000 | 0.90x |
| RETAIL | 3,076,000 | 7,478,000 | 2.43x |
| Total | 7,302,000 | 13,633,000 | 2.10x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 4 | 0.00x |
| NIB | — | 254 | 0.00x |
| RETAIL | 1,538 | 3,739 | 2.43x |
| HNIs(10L +) | 464 | 53 | 0.11x |
| HNIs (2-10L) | 232 | 201 | 0.87x |
| Total Applications | 2,234 | 4,251 | 1.90x |
Day-Wise Subscription Progress
About Kiaasa Retail Limited Public Issue & Market Profile
Kiaasa Retail Limited is bringing an initial public offering (IPO) in the Consumer Discretionary (Retail and Fashion) sector with an aggregate issue size of ₹54,90,000 Crores. The shares are offered at a price band of ₹121 to ₹127 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,27,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment Reconciliation Schedule:
Allotment reconciliation will be managed by Purva Sharegistry India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-02-28, while un-allotted funds or UPI block mandates will be released on 2026-02-27.
Frequently Asked Questions
What is the issue size and price band for Kiaasa Retail Limited IPO?
The Kiaasa Retail Limited IPO aggregate issue size is ₹54,90,000 Crores with an equity price band set at ₹121 to ₹127 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,27,000.
How can I check Kiaasa Retail Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
Where will Kiaasa Retail Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Purva Sharegistry India Private Limited) and the BSE status verification website on or around 2026-02-26.