arrow_back Back to IPOs
info

Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.

KR

Kiaasa Retail

Listed SME BSE SME · Garments & Apparels

Price Band

₹121.0–127.0

Issue Size

₹69.74 Cr

Lot Size

1,000 shares

Min Investment

₹254,000

GMP

+₹0.0 (0.0%)

Issue Price

₹127.0

calendar_month Important Dates

play_arrow
IPO Open Date
Mon, 23 Feb 2026
stop
IPO Close Date
Wed, 25 Feb 2026
assignment
Allotment Date
Thu, 26 Feb 2026
currency_rupee
Refund Initiation
Fri, 27 Feb 2026
account_balance
Credit of Shares
Fri, 27 Feb 2026
rocket_launch
Listing Date
Mon, 02 Mar 2026
Listing Price
₹127.0 +0.0%

bar_chart Subscription Status

info

Subscription data unavailable

trending_up Grey Market Premium (GMP)

GMP

₹0.0

GMP %

0.0%

Est. Listing

₹127.0

schedule Updated: 14 Jul 2026 15:52

business About the Company

Established in 2018, Kiaasa Retail Limited is an Indian fashion brand focused on women's ethnic and fusion wear. Founded in 2018 and based in Ghaziabad, it operates over 100 stores in more than 80 cities across India. Kiaasa offers a diverse collection of women's ethnic wear, including: Kurtas and Kurta Sets Suit Sets Lehenga Sets Bottoms and Dupattas Accessories Kiaasa is an ethnic wear brand offering a range of women's apparel, footwear, and accessories, including salwar kameez, lehengas, jewellery, bags, and scarves. The brand meets the fashion needs of Indian women with high-quality, affordable products that reflect individuality. The company operate through exclusive outlets and online platforms for greater accessibility. The company has 113 brand outlets in 70 cities, plus an online presence. The company operates via three models: FOFO (Franchise Owned Franchise Operated), COCO (Company Owned Company Operated), and FICO (Franchise Invested Company Operated), enabling efficient retail network management. As of February 28, 2025, the company had 340 full-time employees. Competitive strength: Strong Leadership and Fast Growth. Designs That Connect with Local Culture. Strict Quality Checks for Every Product Affordable Prices Without Compromising Quality.

payments Company Financials (₹ Cr)

As of 2025-09-30

Period Ended 30 Sep 2025 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 181.81 144.30 95.42 54.26
Total Income 58.01 120.70 85.19 50.18
Profit After Tax 6.64 8.38 5.74 2.46
EBITDA 12.26 15.49 10.01 4.95
NET Worth 47.31 40.67 12.71 2.96
Reserves and Surplus 34.57 27.93 8.21 2.46
Total Borrowing 43.03 28.67 15.88 21.17

Key Ratios

EPS

₹6.58

NAV

₹31.93

ROE

42.36%

ROCE

20.34%

RoNW

20.60%

P/B Value

3.98

P/E Ratio

19.31

Market Cap

₹231.51 Cr

PAT Margin

6.94%

Debt/Equity

0.70

Promoters

Om Prakash and Amit Chauhan

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Expenditure for opening new stores 46.45 2 General Corporate Purposes 10.00 3 Issue Expenses 13.28 Total 69.72

info Issue Details

Issue Type SME Book Built
Issue Size ₹69.74 Cr
Price Band ₹121.0 – ₹127.0
Issue Price ₹127.0
Lot Size 1,000 shares
Min Investment ₹254,000
Exchange BSE SME
Sector Garments & Apparels
Open Date 23 Feb 2026
Close Date 25 Feb 2026
Allotment 26 Feb 2026
Listing Date 02 Mar 2026

pie_chart Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

domain Purva Sharegistry (India) Pvt.Ltd.

Lead Managers / Book Running

account_balance Expert Global Consultants Pvt.Ltd.

timeline IPO Timeline

check

Open

23 Feb 2026

check

Close

25 Feb 2026

check

Allotment

26 Feb 2026

check

Listing

02 Mar 2026

1