Kiaasa Retail Limited IPO
Kiaasa was originally incorporated as “Kiaasa Retail LLP” in 2018 and was subsequently converted into a private limited company in 2022 under the name “Kiaasa Retail Private Limited.” The Company operates as an ethnic wear brand catering exclusively to women, offering a diverse portfolio comprising salwar kameez, lehengas, footwear, jewellery, bags and scarves. Its product range is designed to address the evolving fashion preferences of Indian women by combining quality, affordability and contemporary styling. Kiaasa operates through a network of exclusive brand outlets along with an online platform, enabling multi-channel accessibility and wider customer reach across markets.
Price Band₹121 - ₹127 |
Dates23 Feb - 25 Feb |
GMP₹0 (0.00%) |
Subscriptions- |
Issue Size₹69.72 Crs |
Kiaasa Retail IPO Key Dates
Opening Date
23 Feb 26
Closing Date
25 Feb 26
Basis Of Allotment
26 Feb 26
Initiations Of Refund
27 Feb 26
Credit Of Shares
27 Feb 26
Listing Date
02 Mar 26
Kiaasa Retail IPO Objects
- Expenditure for opening new stores
- General Corporate Purposes
Kiaasa Retail IPO Details
Price Band₹121 - ₹127 |
Listing AtBSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹69.72 Cr (0.55 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹69.72 Cr (0.55 Cr Shares) |
Face Value₹10 per equity share |
Kiaasa Retail IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Individual Investor |
Minimum
2
2,000
2,54,000
Maximum
2
2,000
2,54,000
|
|||
| Small HNI |
Minimum
3
3,000
3,81,000
Maximum
7
7,000
8,89,000
|
|||
| Big HNI |
Minimum
8
8,000
10,16,000
|
|||
Kiaasa Retail IPO GMP
The estimated Grey Market Premium of Kiaasa Retail IPO is ₹0 per share (0.00%)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of Net Offer |
| NII | Not less than 15% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Market Maker | 2,75,000 EQ. Shares |
Kiaasa Retail IPO Financials
| Particulars | Sep-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Revenue | 57.92 | 120.68 | 85.04 | 50.04 |
| PAT | 6.64 | 8.38 | 5.74 | 2.46 |
| Net Worth | 47.31 | 40.67 | 12.71 | 2.96 |
| Borrowings | 43.03 | 28.67 | 15.88 | 21.17 |
| Assets | 181.81 | 144.30 | 95.42 | 54.26 |
| NAV (₹) | 37.14 | 31.93 | 28.23 | 59.27 |
| EPS (₹) | 5.21 | 7.47 | 4.51 | 1.93 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | VALUES |
|---|---|
| EBITDA | 12.84% |
| PAT | 6.94% |
| ROE | 20.60% |
| ROCE | 20.34% |
| Debt to Equity | 0.70 |
| PE Ratio | 17.00 |
| PB Ratio | 3.98 |
| Mkt Cap (in Crs.) | 231.51 |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Kiaasa Retail IPO Peer Comparision
| Particulars | Kiaasa Retail | Monte Carlo | Kewal Kiran Clothing | Purple United |
|---|---|---|---|---|
| Revenue | 120.68 | 1,100.41 | 1,002.77 | 103.13 |
| PAT | 8.38 | 81.17 | 149.19 | 10.47 |
| EPS (₹) | 6.58 | 39.15 | 23.44 | 13.59 |
| NAV (₹) | 31.93 | 40.23 | 13.31 | 6.30 |
| RONW | 20.60% | 9.73% | 18.20% | 17.30% |
| EBITDA | 12.84% | 20.14% | 23.93% | 20.10% |
| PAT Mrgn | 6.94% | 7.38% | 14.88% | 10.16% |
| PE Ratio | 17.00 | 17.11 | 23.59 | 33.61 |
| Debt to Equity | 0.70 | 0.62 | 0.20 | 0.68 |
All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of October 06, 2025 for Peers
Kiaasa Retail IPO Peer Comparision
| Particulars | Kiaasa Retail |
|---|---|
| Revenue | 120.68 |
| PAT | 8.38 |
| EPS (₹) | 6.58 |
| NAV (₹) | 31.93 |
| RONW | 20.60% |
| EBITDA | 12.84% |
| PAT Mrgn | 6.94% |
| PE Ratio | 17.00 |
| Debt to Equity | 0.70 |
| Monte Carlo | Kewal Kiran Clothing | Purple United |
|---|---|---|
| 1,100.41 | 1,002.77 | 103.13 |
| 81.17 | 149.19 | 10.47 |
| 39.15 | 23.44 | 13.59 |
| 40.23 | 13.31 | 6.30 |
| 9.73% | 18.20% | 17.30% |
| 20.14% | 23.93% | 20.10% |
| 7.38% | 14.88% | 10.16% |
| 17.11 | 23.59 | 33.61 |
| 0.62 | 0.20 | 0.68 |
All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of October 06, 2025 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Om Prakash | 31.51% |
| Amit Chauhan | 31.51% |
| Others | 8.82% |
| Total | 71.84% |
Management Details
| Name | Designation |
|---|---|
| Om Prakash | Chairman & MD |
| Sumit Agrawal | CFO |
Company Details
Name: Kiaasa Retail Limited
Address: 1/37, SSGT Road Industrial Area, Ghaziabad- 201001 Uttar Pradesh, India.
Number: +91-9319008599
Email: cs@kiaasaretail.com
Website: https://www.kiaasa.com
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Kiaasa Retail IPO is a SME IPO having an issue size of Rs. ₹69.72 Crs. Kiaasa Retail IPO is priced at ₹121 - ₹127 per share. The issue opens on 23 Feb 26 and closes on 25 Feb 26.
Kiaasa Retail IPO opens on 23 Feb 26 and closes on 25 Feb 26.
The estimated Grey Market Premium of Kiaasa Retail IPO is ₹0 per share (0.00%).
The minimum lot size of Kiaasa Retail IPO is 1000 shares & the minimum application amount is Rs. 127000.
The allotment date of Kiaasa Retail IPO is 26 Feb 26.
The listing date of Kiaasa Retail IPO is 02 Mar 26.
Kiaasa Retail IPO is subscribed -.
Kiaasa Retail IPO is priced at ₹121 - ₹127 per share.
Click the allotment link on Kiaasa Retail IPO page of IPO360.
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- Select the IPO you want to apply
- Enter your bid details and price
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- Navigate to the 'IPO' or 'ASBA' section.
- Select Kiaasa Retail IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date
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