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Kiaasa Retail Ltd. IPO Details – Price, Date, GMP & Analysis
Listed
SME
Price Range:
Rs.127.00
Issue Size:
Rs.69.74 Cr
Lot Size:
1000 shares
Open Date:
February 23
Kiaasa Retail Ltd. IPO Overview
Bidding Dates
February 23 - February 25
Min Investment
₹127,000
Price Range
₹127.00
Issue Size
₹69.74 Cr
IPO DRHP Doc
Not Available
Company Overview
Established in 2018, Kiaasa Retail Limited is an Indian fashion brand focused on women's ethnic and fusion wear, based in Ghaziabad. It operates over 100 stores in more than 80 cities across India and offers a diverse collection of women's ethnic wear, 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. Kiaasa operates through exclusive outlets and online platforms for greater accessibility, with 113 brand outlets in 70 cities. The company uses three models for retail management: FOFO, COCO, and FICO. As of February 28, 2025, the company had 340 full-time employees.
IPO Timeline
Timeline information will be updated when available.
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 1.00% | Partially Subscribed |
| NII (Non-Institutional Investors/HNI) | 40.02% | Oversubscribed |
| RII (Retail Individual Investors) | 58.98% | Oversubscribed |
| Total Subscription | Undersubscribed |
Last updated: Percentage of shares offered
Current GMP:
No Premium
Est. Listing:
Rs.127
Est. Gain:
0%
Star Rating:
★★★★★(1/5)
Financial Information
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Risks
Potential challenges and risk factors
- High revenue concentration in Uttar Pradesh.
- Dependence on franchise partners for retail expansion.
- Exposure to supply chain and vendor concentration risks.
- Pending litigations and GST-related contingencies.
- Delays in regulatory licenses and past statutory compliance gaps.
IPO Details
IPO Reservation
Share Reservation Distribution
Retail
3,076,000 shares (56.03%)
HNI (NII)
2,087,000 shares (38.01%)
bNII (>₹10L)
1,391,000 shares (25.34%)
sNII (<₹10L)
696,000 shares (12.68%)
Market Maker
275,000 shares (5.01%)
QIB
52,000 shares (0.95%)
IPO Subscription Status
Key Dates
Open Date:February 23
Close Date:February 25
Listing Date:March 2
