
Kiaasa Retail Limited
BSE: KIAASA
SME
UPCOMING
Grey Market Premium*
UPDATED: 25-Feb-2026₹0+0.0%
Est. Listing*₹127
Upper band ₹127
* GMP indicative only. Not investment advice.
Subscription Status
| Category | Offered | Bids | Times (x) |
|---|---|---|---|
| Total | - | - | - |
Financial Performance
Figures in ₹ Crores unless specified
| Metric | Feb-25 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Assets | 141.47 | 95.42 | 54.26 | 30.18 |
| Total Income | 107.67 | 85.19 | 50.18 | 26.75 |
| PAT | 7.38 | 5.74 | 2.46 | 1.36 |
| EBITDA | - | - | - | - |
| Net Worth | 39.67 | 12.71 | 2.96 | 0.5 |
| Reserves | 34 | 8.21 | 2.46 | 0 |
| Total Borrowing | 25.14 | 15.88 | 21.17 | 15.65 |
Key Performance Indicators
| KPI | Sep-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| ROE (%) | - | - | - | - |
| ROCE (%) | 12.02 | 20.34 | 33.23 | 17.94 |
| EPS (₹) | 5.21 | 7.47 | 55.45 | 49.24 |
| P/E (Pre) | - | - | - | - |
| P/E (Post) | - | - | - | - |
IPO Details
Price Band
₹121 - ₹1271000 Shares
Lot Size
1,000 Shares
Total Issue Size
₹69.72 Cr54,90,000 Shares
Fresh Issue
₹69.72 Cr54,90,000 Shares
Offer for Sale
TBA
Face Value
₹10
Listing At
BSE SME
Dates
IPO Open
23 Feb 2026
IPO Close
25 Feb 2026
Allotment
26 Feb 2026
Listing
02 Mar 2026
IPO Open23 Feb 2026
IPO Close25 Feb 2026
Allotment26 Feb 2026
Listing02 Mar 2026
Lot Size & Investment Limits
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 2 | 2000 | 254000 |
| sHNI | 3 | 3000 | 381000 |
| bHNI | 8 | 8000 | 1016000 |
Peer Comparison
| Company | CMP (₹) | P/E Ratio | ROE (%) |
|---|---|---|---|
| Monte Carlo Fashion Limited | 670 | 17.11 | -% |
| Kewal Kiran Clothing Limited | 553 | 23.59 | -% |
| Purple United Sales Limited | 456.75 | 33.61 | -% |
About Kiaasa Retail Limited
Kiaasa Retail Limited is a women’s ethnic and fusion wear brand operating an omnichannel retail model across Tier-1, Tier-2 and Tier-3 cities, with rapid store expansion and asset-light retail formats.
Company Information
Registered Address
1/37, SSGT Road Industrial Area, Ghaziabad, Uttar Pradesh, 201001
Lead Managers
- Expert Global Consultants Private Limited
Market Maker
Prabhat Financial Services Limited
Company Strengths
- ✓Strong leadership and expansion strategy
- ✓Designs aligned with local culture
- ✓Quality-focused brand positioning
Key Risks
- ⚠Geographical concentration risk
- ⚠Lease dependency risk
- ⚠Brand reputation risk
Objects of the Issue
• Opening new retail stores (₹50.37 Cr)
• General corporate purposes
Grey Market Premium*
UPDATED: 25-Feb-2026₹0+0.0%
Est. Listing*₹127
Upper band ₹127
* GMP indicative only. Not investment advice.
Subscription Status
| Category | Offered | Bids | Times (x) |
|---|---|---|---|
| Total | - | - | - |
Registrar Contact
Purva Sharegistry India Pvt Ltd
Waiting for Allotment
Disclaimer
Investment in Pre-IPO/Unlisted Shares/IPO is subject to market risks. OpenIPO.in is not a SEBI registered entity. The information provided here is for educational purposes only and should not be considered as financial advice. GMP prices are estimated based on market rumors and may vary. Please consult your financial advisor before making any investment decisions.