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IPO-Insights

Kiaasa Retail IPO – Subscription Status, Dates, and How to Apply

Nupur Wankhede

Explore how Kiaasa Retail Ltd’s IPO performed during its subscription period, including investor participation, price band details, key dates, and the step-by-step process to apply through ASBA or UPI.

The Kiaasa Retail Ltd IPO opened for subscription on February 23, 2026, marking a significant milestone for the women's ethnic fashion brand as it enters the primary market. With a robust retail presence across 70 cities and a focus on affordable, trend-driven fashion, the company’s public issue is being watched by investors interested in India's booming retail and apparel sector. The issue is valued at ₹69.72 crore and is entirely a fresh issue, offering equity shares in the price range of ₹121 to ₹127 per share.

Kiaasa Retail IPO Subscription Status

The Kiaasa Retail Ltd IPO saw a steady start on its opening day, with interest primarily driven by retail participants. As an SME IPO on the BSE platform, the issue is being closely monitored for its ability to incur larger institutional bids over the coming days.

Day 1 Subscription Status (February 23, 2026)

On the first day of bidding, the Kiaasa Retail Ltd IPO recorded an overall subscription of 0.10×. While institutional participation was just beginning to take shape, the retail segment showed early signs of engagement.

Investor Category Subscription (Times)

Qualified Institutional Buyers (QIB)

1.00×

Retail Individual Investors (RII)

0.14×

Non-Institutional Investors (NII)

0.01×

Total

0.10×

The initial response reflects a cautious but focused entry, with the retail category leading the volume of applications. Market analysts expect momentum to build as the issue progresses toward its closing date.

Kiaasa Retail IPO Price Band and Lot Size

The price band for the Kiaasa Retail Ltd IPO is set between ₹121 and ₹127 per share, with a face value of ₹10 per share. Unlike typical mainboard IPOs, the minimum application for this SME issue is 2 lots (2,000 shares).

Investor Category Lots Shares Amount (₹)

Retail (Min/Max)

2

2,000

₹2,54,000

S-HNI (Min)

3

3,000

₹3,81,000

B-HNI (Min)

8

8,000

₹10,16,000

For detailed insights about the company, issue particulars, and the latest updates, visit the Kiaasa Retail IPO on Bajaj Markets.

Kiaasa Retail IPO Dates and Timeline

The timeline below outlines the key milestones for the Kiaasa Retail Ltd IPO:

Event Date Details

IPO Open Date

February 23, 2026

Issue opens for subscription

IPO Close Date

February 25, 2026

Final day to submit bids

Basis of Allotment

February 26, 2026

Finalization of share allotment

Refunds Initiation

February 27, 2026

Refunds begin for unallotted investors

Credit of Shares

February 27, 2026

Shares credited to successful applicants

Listing Date

March 2, 2026

Shares to debut on BSE SME platform

Note: These dates represent procedural milestones based on publicly available data and are intended for informational purposes only.

How to Apply for Kiaasa Retail IPO

Investors can apply for the Kiaasa Retail Ltd IPO using the ASBA facility through their bank or via UPI on supported broker platforms.

Through ASBA (Net Banking)

This is a convenient and secure method where your application amount stays blocked until shares are allotted.

  1. Log in to your internet banking account.

  2. Go to the ‘Investments’ or ‘IPO Application’ section.

  3. Select ‘Kiaasa Retail Ltd IPO’ from the available list.

  4. Enter your preferred bid quantity and price.

  5. Confirm and submit your application.

  6. The bid amount will remain blocked in your account until allotment.

  7. Upon allotment, the amount will be debited, and shares credited to your Demat account.

Through UPI via Broker Platforms

You can apply using UPI through your stockbroker’s or financial marketplace’s online platform.

  1. Log in to your trading account or Demat account on your broker’s platform or financial marketplace.

  2. Navigate to the IPO section and select ‘Kiaasa Retail Ltd IPO’.

  3. Enter your application details including number of lots and price.

  4. Provide your UPI ID linked to your bank account.

  5. Approve the UPI mandate request on your UPI app (like BHIM, Google Pay, or PhonePe).

  6. Funds will be debited only upon share allotment.

  7. Once allotted, shares will be credited directly to your Demat account.

You can also check other Upcoming Ipo’s here: Upcoming IPO

Disclaimer

The information provided above is based on publicly available data from reliable financial news and market sources. Investors are advised to verify figures and consult financial experts before making investment decisions. Market conditions and subscription numbers are subject to change during the IPO window.

Sources

  • LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo

  • Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo

  • Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/

  • NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos

  • Business Today — IPO Corner: Latest IPO News & Analysis, https://www.businesstoday.in/markets/ipo-corner

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