Here are the important dates you need to know in order to participate in this IPO
Offer Start Date
23rd Feb
Offer End Date
25th Feb
Allotment Date
26th Feb
Refund Initiation
27th Feb
Demat Transfer
27th Feb
Listing Date
2nd Mar
Kiaasa Retail Limited, established in 2018 and headquartered in Ghaziabad, has developed into a prominent player within the Indian women’s ethnic and fusion wear segment. Originally starting as an LLP and later converting to a private limited entity in 2022, the company offers an extensive product portfolio ranging from kurtas, lehenga sets, and suit sets to accessories like jewelry, footwear, and bags. By focusing on a combination of quality and affordability, the brand targets the evolving fashion preferences of Indian women across diverse demographics. As of early 2025, the organisation maintains a workforce of 340 full-time employees.
The company utilizes a multi-channel distribution strategy to maximise its market reach, operating 113 brand outlets across 70 cities in India along with an active online platform. Its retail expansion is managed through three distinct structural models: Franchise Owned Franchise Operated (FOFO), Company Owned Company Operated (COCO), and Franchise Invested Company Operated (FICO). This diversified operational framework allows for efficient scaling and network management. By maintaining a physical presence in more than 80 cities through various store formats, the brand ensures high accessibility for its customer base while balancing capital expenditure and operational control across its retail footprint.
| Pre-Issue | Post-Issue | |
|---|---|---|
| Promoter Group | 71.84% | 50.22% |
| Public Group | 28.16% | 49.78% |
| QIB Shares Offered | 52,000 (0.95%) |
| NII (HNI) Shares Offered | 20,87,000 (38.01%) |
| Retail Shares Offered | 30,77,000 (56.04%) |
| Anchor Investor Shares Offered | 0 (0%) |
| Total Shares Offered | 54,91,000 |
| Total Shares With Anchor Investor | 54,91,000 |
| 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 |
| Purva Sharegistry (I) Pvt Ltd | |
|---|---|
| Phone Number | +91 2249614132 |
| Email Id | newissue@purvashare.com |
| Website | www.purvashare.com |
1. Expert Global Consultants Pvt Ltd
| March 31, 2025 | March 31, 2024 | March 31, 2023 | |
|---|---|---|---|
| Net Worth | ₹40.59 Cr | ₹12.71 Cr | ₹2.96 Cr |
| Reserves and Surplus | ₹27.85 Cr | ₹8.21 Cr | ₹2.46 Cr |
| Total Borrowing | ₹28.67 Cr | ₹15.88 Cr | ₹21.17 Cr |
| Category | No. of shares offered | No. of shares bid | Subscription (Times) |
|---|---|---|---|
| Qualified Institutional Buyers (QIBs) | 52,000 | 7,79,000 | 14.9808 |
| Non Institutional Investors (NIIs) | 23,62,000 | 26,88,000 | 1.138 |
| Retail Individual Investors (RIIs) | 30,76,000 | 74,78,000 | 2.4311 |
| Total | 54,90,000 | 1,09,45,000 | 1.99 |
Diverse Retail Network: The company operates an extensive distribution chain with 113 brand outlets spanning across 70 cities in India.
Scalable Business Model: The integration of FOFO, COCO, and FICO operational structures allows for efficient expansion and flexible management of the retail footprint.
Omni-channel Presence: A robust combination of physical exclusive outlets and an established online platform ensures broad accessibility for the customer base.
Specialized Product Portfolio: A focused approach to the women's ethnic and fusion wear segment allows the brand to cater specifically to evolving consumer fashion preferences.
Economic Significance: The industry is a foundational element of the economy, contributing approximately 2% to the national GDP and 7% to the total industrial output by value.
Global and Export Position: India maintains a 4% share of the global textile and apparel trade. During the 2021-22 period, the sector accounted for 10.33% of the country's total export earnings.
Market Segmentation: The industry is organized into specific segments, including fiber and yarn, processed fabrics, garments, and technical textiles. The garment category further splits into ready-made items and customized tailoring.
Current Challenges: The sector is experiencing a downturn due to subdued domestic demand.
Shifting Consumer Trends: Sales volumes are impacted as consumer spending prioritizes food, consumer electronics (such as mobile devices), and vehicles over apparel purchases.
Interested in more opportunities? Check out our Upcoming IPO section for new listings and don’t forget to check your IPO allotment status for Kiaasa Retail IPO
Kiaasa Retail Ltd IPO is a SME IPO of 54,91,000 equity shares of a face value of ₹10 aggregating up to ₹69.74 Crores. The issue is priced at ₹121 to ₹127 per share. The minimum order quantity is 1000 Shares. The IPO opens on February 23, 2026, and closes on February 25, 2026. Purva Sharegistry (I) Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE-SME.
The Kiaasa Retail Ltd IPO opens on February 23, 2026 and closes on February 25, 2026.
Kiaasa Retail Ltd lot size is 1000 shares, and the minimum amount required is ₹2,54,000.
You can apply in Kiaasa Retail Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:
• Login to Bajaj Broking account App/Website & click on IPO
• Enter the number of lots and price at which you wish to apply.
• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
• You will receive a mandate notification to block funds in your UPI app.
• Approve the mandate request on your UPI and funds will be blocked.
The finalization of Basis of Allotment for Kiaasa Retail Ltd IPO will be done on February 26, 2026, and the allotted shares will be credited to your demat account by February 27, 2026.
The Kiaasa Retail Ltd listing date is March 02, 2026.
The registrar of Kiaasa Retail Ltd IPO is Purva Sharegistry (I) Pvt Ltd
Expert Global Consultants Pvt Ltd will be the book-running lead manager of this IPO.
The fresh issue size is ₹69.74 Crores equity shares.
Retail investors can subscribe to a minimum of one lot, 1000 shares and ₹2,54,000 amount.
To apply for Kiaasa Retail Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.
The price of each Kiaasa Retail Ltd share will be ranging in between ₹121 to ₹127 per share.
The cut-off time for the UPI mandate confirmation is 5:00 PM, February 25, 2026.
No results found
Open Your Free Demat Account
Enjoy low brokerage on delivery trades
|
Please Enter Mobile Number
Open Your Free Demat Account
Enjoy low brokerage on delivery trades
|
