Kiaasa Retail IPO to List on March 2, 2026 After Strong Subscription

Kiaasa Retail Ltd’s initial public offering has successfully closed its subscription phase and is scheduled for listing on the BSE SME platform on March 2, 2026. The IPO, priced between ₹121 and ₹127 per share, attracted solid investor demand across categories, with the overall subscription clocking 2.05 times by the final day of bidding. Retail investors led the way with 2.43 times subscription, followed by non-institutional investors at 1.16 times and qualified institutional buyers at 14.98 times.

The issue, which opened on February 23, 2026 and wrapped on February 25, 2026, comprised a fresh equity raise of approximately ₹69.72 crores with each share carrying a face value of ₹10. Allotment was finalised on February 26, 2026, with refunds and share credits completed prior to listing.

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Kiaasa Retail IPO Listing Details

Kiaasa Retail, established in 2018, operates as a prominent fashion brand specialising in women’s ethnic and fusion wear with a presence across multiple cities in India. The company offers diverse apparel including kurtas, lehenga sets, bottoms, and accessories through various retail formats and franchise arrangements.

With the IPO now transitioning to the public markets, investors will monitor the stock’s debut performance and gauge how it trades relative to the issue price upon listing.