Image Source: WOWNEWS24X7
Kiaasa Retail Ltd will launch its SME IPO on February 23, 2026, with a price band of ₹121–₹127 per equity share. The issue size is around ₹69.72 crore, closing on February 25. Shares are set to list on the BSE SME platform on March 2, 2026.
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Key Highlights
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IPO Launch: Kiaasa Retail Ltd, operating in the apparel and accessories retail sector, will open its initial public offering (IPO) on February 23, 2026, closing on February 25, 2026.
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Price Band & Issue Size: The IPO price band is fixed at ₹121–₹127 per share, with a total issue size of approximately ₹69.72 crore through a book-built issue.
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Investor Quotas: Allocation is divided into 50% for Qualified Institutional Buyers (QIBs), 35% for retail investors, and 15% for High Net-Worth Individuals (HNIs).
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Lot Size: Retail investors can apply with a minimum of 1 lot (1,000 shares), requiring an investment of ₹1,21,000–₹1,27,000.
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Financial Performance: Kiaasa reported revenues of ₹85.19 crore in FY24, up from ₹50.18 crore in FY23, with net profit rising to ₹5.74 crore in FY24 from ₹2.46 crore in FY23, reflecting strong growth momentum.
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Listing Date: Shares are scheduled to list on the BSE SME exchange on March 2, 2026, with allotment finalized on February 26, 2026.
Contextual Insights
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The IPO highlights Kiaasa’s ambition to expand retail operations and strengthen its brand presence in India’s fast-growing apparel market.
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Analysts suggest long-term investors may find value given the company’s consistent revenue growth and profitability trajectory.
Sources: IPO Watch, InvestorGain, Goodreturns
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