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Open
23 Feb 2026
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Close
25 Feb 2026
3
Allotment
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Listing
Mon, Mar 2, 2026
Price Band
₹121 to ₹127
Issue Size
54,91,000 shares (agg. up to ₹70 Cr)
Lot Size
1,000 Shares
Listing Date
Mon, Mar 2, 2026
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
02-03-2026₹0Est. ₹127+0%
01-03-2026₹0Est. ₹127+0%
28-02-2026₹0Est. ₹127+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.76x |
Restated Financials (₹ Cr.)
| 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 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Fractal Industries Ltd. | SME | ₹49.00 Cr | ₹216 | 15.99 | ₹217.55 | +0.72% | ₹210.00 (-0.80%) |
| Vashishtha Luxury Fashion Ltd. | SME | ₹8.87 Cr | ₹111 | 12.14 | ₹121.75 | +9.68% | ₹56.99 (+1.55%) |
| Kaytex Fabrics Ltd. | SME | ₹69.81 Cr | ₹180 | 12.25 | ₹150.60 | -16.33% | ₹59.20 (-2.31%) |
| N R Vandana Tex Industries Ltd. | SME | ₹27.89 Cr | ₹45 | 8.95 | ₹43.70 | -2.89% | ₹70.50 (-0.98%) |
Objects of the Issue
| # | 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 |
About Kiaasa Retail IPO
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 Qual
Contact Details
Kiaasa Retail Ltd. Address1/37, SSGT Road Industrial AreaGhaziabad, Uttar Pradesh, 201001+91-9319008599cs@kiaasaretail.comVisit Website