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Kiaasa Retail SME IPO Subscription

Listed

Updated 2 March 2026, 9:15 AM IST· BSE SME

Kiaasa Retail SME IPO subscription closed on 25 February 2026 at 0.05x overall by shares. QIB demand came in at 1.00x, NII at 0.83x, and retail at 1.71x. See Retail, SHNI, and BHNI allotment chances in the table below.

Allotment date is 26 February 2026. Listing date on NSE and BSE is 2 March 2026.

Issue Price
Rs 127.00
GMP Today
-
Overall Sub
0.05x
Issue Size
₹66.23 Cr
Allotment
26 Feb 2026
Listing
2 Mar 2026

Kiaasa Retail SME IPO Day-wise Subscription

Daily QIB, NII, Retail, and overall subscription as bids come in

DayQIBNIIRetailOverall
Day 1 - 23 Feb 20261.00x0.01x0.16x0.11x
Day 2 - 24 Feb 20261.00x0.61x0.59x0.60x
Day 3 - 25 Feb 20261.00x0.83x1.71x1.35x

Kiaasa Retail SME IPO Allotment Chances

Retail, SHNI, and BHNI chances based on application subscription

Kiaasa Retail SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.

CategorySubscription (Apps)Allotment Chances
Retail (IND)1.71x (shares)Updating soon
SHNI (Rs 2L to Rs 10L)0.57x (shares)Updating soon
BHNI (above Rs 10L)0.96x (shares)Updating soon

Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.

Check the Kiaasa Retail SME IPO Allotment Status page from 26 February 2026 for your result.

Kiaasa Retail SME IPO Subscription by Amount

Category-wise subscription based on amount applied at issue price Rs 127.00

CategoryAmount OfferedAmount AppliedSubscription
QIBRs 66.04 LRs 66.04 L1.00x
NIIRs 26.50 CrRs 21.93 Cr0.83x
sNII (Rs 2L to Rs 10L)Rs 8.84 CrRs 5.05 Cr0.57x
bNII (above Rs 10L)Rs 17.67 CrRs 16.88 Cr0.96x
INDRs 39.07 CrRs 66.65 Cr1.71x
TotalRs 66.23 CrRs 89.24 Cr1.35x

Kiaasa Retail SME IPO Subscription by Shares

Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.

CategoryShares OfferedShares BidSubscription
QIB52,00052,0001.00x
NII20,87,00017,27,0000.83x
sNII (Rs 2L to Rs 10L)6,96,0003,98,0000.57x
bNII (above Rs 10L)13,91,00013,29,0000.96x
IND30,76,00052,48,0001.71x
Total52,15,00070,27,0001.35x

What Do These Subscription Numbers Mean?

0.05x overall by shares means bids covered about 0 times the shares on offer. Allotment chances depend on applications in each category.

QIB at 1.00x by shares shows institutional demand from mutual funds, FIIs, and banks.

NII covers bids above Rs 2 lakh (0.83x by shares). SHNI and BHNI allotment is by lottery.

Retail at 1.71x by shares. Exact lottery chances need application data.

Kiaasa Retail SME IPO Key Dates

EventDate
IPO Open Date23 February 2026
IPO Close Date25 February 2026
Allotment Date26 February 2026
Refund Initiation27 February 2026
Share Credit to Demat27 February 2026
Listing Date2 March 2026
Minimum InvestmentRs 2,54,000.00
Lot Size1000 shares

About Kiaasa Retail SME

No company information available

Understanding Subscription Categories

QIB - Qualified Institutional Buyers

Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.

NII - Non-Institutional Investors (SHNI & BHNI)

Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.

IND - Individual Investors

Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.

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Kiaasa Retail SME IPO Subscription FAQs

What is Kiaasa Retail SME IPO subscription status today?

Kiaasa Retail SME IPO subscription closed on 25 February 2026 with overall subscription of 0.05x (by shares) as of 26 August 2026, 4:32 AM IST. QIB 1.00x, NII 0.83x, IND 1.71x.

What is the overall subscription of Kiaasa Retail SME IPO?

Kiaasa Retail SME IPO is subscribed 0.05x overall by shares at close on 25 February 2026. QIB 1.00x, NII 0.83x, and IND 1.71x.

What is Kiaasa Retail SME IPO QIB subscription?

Kiaasa Retail SME IPO QIB (Qualified Institutional Buyers) subscription is 1.00x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.

What is Kiaasa Retail SME IPO IND subscription?

Kiaasa Retail SME IPO IND subscription is 1.71x by shares. Retail bids are up to Rs 2 lakh per PAN.

What is Kiaasa Retail SME IPO NII, SHNI, and BHNI subscription?

Kiaasa Retail SME IPO NII subscription is 0.83x by shares. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) and BHNI (above Rs 10L).

What are Kiaasa Retail SME IPO retail allotment chances?

Kiaasa Retail SME IPO retail share subscription is 1.71x. Application data is needed for exact lottery chances.

What are Kiaasa Retail SME IPO SHNI allotment chances?

Kiaasa Retail SME IPO SHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.

What are Kiaasa Retail SME IPO BHNI allotment chances?

Kiaasa Retail SME IPO BHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.

When is Kiaasa Retail SME IPO allotment date?

Kiaasa Retail SME IPO allotment date is 26 February 2026. Check Kiaasa Retail SME IPO Allotment Status on IPOwiz from that day using your PAN.

When does Kiaasa Retail SME IPO subscription close?

Kiaasa Retail SME IPO subscription closed on 25 February 2026. No new applications are accepted after the close.

What is Kiaasa Retail SME IPO GMP today?

GMP for Kiaasa Retail SME IPO is not available yet. Track Kiaasa Retail SME IPO GMP Today on IPOwiz once grey market activity starts.

What is Kiaasa Retail SME IPO issue price and lot size?

Kiaasa Retail SME IPO issue price is ₹127 per share. Lot size is 1000 shares. Minimum investment is ₹2,54,000 per lot (minimum 2 lots for SME). Issue size: ₹66.23 Cr.

When is Kiaasa Retail SME IPO listing date?

Kiaasa Retail SME IPO listing date is 2 March 2026 on NSE and BSE. Allotment is on 26 February 2026.

How does subscription affect Kiaasa Retail SME IPO allotment?

In Kiaasa Retail SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 0.05x overall, competition is moderate.

For allotment results from 26 February 2026, visit the Kiaasa Retail SME IPO Allotment Status page. For listing day updates on 2 March 2026, download the IPOwiz App.

Sources

We match Kiaasa Retail SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • IPO RegistrarRegistrar details are on the allotment page for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.