Kiaasa Retail Limited
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Kiaasa Retail Limited's achieved publicly listed status following its IPO debut on Mar 02, 2026 at the BSE platform. The offering successfully mobilized 54,90,000 Shares, with 54,90,000 Shares allocated to corporate growth initiatives.
Investment participation occurred within the established price band of ₹121 to ₹127, starting from minimum lots of 1000 shares. The subscription window from Feb 23, 2026 through Feb 25, 2026 enabled investor participation across market segments.
Share allocation was completed on Feb 26, 2026, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Established in 2018, Kiaasa Retail Limited is an Indian fashion brand that focuses on women’s ethnic and fusion wear, with its headquarters in Ghaziabad and a growing presence across many cities in India through both offline stores and online platforms. The company offers a wide range of products such as kurtas and kurta sets, suit sets, lehenga sets, bottoms, dupattas, accessories, along with footwear, jewellery, bags, and scarves to meet the complete fashion needs of modern Indian women. Kiaasa aims to provide high-quality and affordable fashion that reflects individual style and changing trends, while improving customer reach and convenience through exclusive brand outlets and digital channels. The company currently has a strong retail network of 113 outlets across 70 cities and follows a multi-channel strategy using FOFO, COCO, and FICO models to support expansion and better operations, and as of February 28, 2025, it had 340 full-time employees.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Strong Retail Network and Brand Visibility: The Company has built a wide retail presence with more than 100 stores across several cities, which enhances brand recognition and expands its customer reach.
- Diverse Product Portfolio: The Company offers a broad range of women’s ethnic and fusion wear, allowing it to serve different customer segments and adapt to changing fashion trends.
- Asset-Light and Scalable Business Model: The Company follows FOFO, COCO, and FICO models, supporting faster expansion while maintaining relatively lower capital investment.
- Dependence on Franchise Partners: The Company relies significantly on franchise partners for store operations, which may affect overall store performance and consistency in brand experience.
- Highly Competitive and Fragmented Market: The Company operates in a competitive ethnic wear segment with the presence of strong regional as well as national players, which may impact its market share and pricing power.
- Sensitivity to Changing Fashion Trends: The fashion and apparel business is influenced by evolving customer preferences and seasonal trends, which may affect sales, inventory planning, and profitability.
- Mr. Om Prakash
- Mr. Amit Chauhan
Kiaasa Retail Limited
Purva Sharegistry India Private Limited