Kiaasa Retail SME IPO Subscription Status
Kiaasa Retail SME IPO closed on 25 February 2026 with an overall subscription of 0.05x based on shares applied. QIB demand came in at 1.00x, NII at 0.83x, and retail at 1.71x.
Allotment will be finalised on 26 February 2026. The stock is scheduled to list on NSE and BSE on 2 March 2026.
Issue Price
Rs 127.00
GMP Today
-
Overall Subscription
0.05x
Issue Size
₹66.23 Cr
Allotment Date
26 Feb 2026
Listing Date
2 Mar 2026
Kiaasa Retail SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 127.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 66.04 L | Rs 66.04 L | 1.00x |
| NII | Rs 26.50 Cr | Rs 21.93 Cr | 0.83x |
| sNII (Rs 2L to Rs 10L) | Rs 8.84 Cr | Rs 5.05 Cr | 0.57x |
| bNII (above Rs 10L) | Rs 17.67 Cr | Rs 16.88 Cr | 0.96x |
| IND | Rs 39.07 Cr | Rs 66.65 Cr | 1.71x |
| Total | Rs 66.23 Cr | Rs 89.24 Cr | 1.35x |
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.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 52,000 | 52,000 | 1.00x |
| NII | 20,87,000 | 17,27,000 | 0.83x |
| sNII (Rs 2L to Rs 10L) | 6,96,000 | 3,98,000 | 0.57x |
| bNII (above Rs 10L) | 13,91,000 | 13,29,000 | 0.96x |
| IND | 30,76,000 | 52,48,000 | 1.71x |
| Total | 52,15,000 | 70,27,000 | 1.35x |
What Do These Subscription Numbers Mean?
A subscription of 0.05x by shares means the IPO received bids for 0 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 1.00x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 1.00x, it reflects serious institutional conviction.
NII at 0.83x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 1.71x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
Kiaasa Retail SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Share subscription: 1.71x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Share subscription: 0.57x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
BHNI (above Rs 10 lakh)
- •Share subscription: 0.96x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the Kiaasa Retail SME IPO Allotment Status page from 26 February 2026 for your allotment result.
Kiaasa Retail SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 23 Feb 2026 | 1.00x | 0.01x | 0.16x | 0.11x |
| Day 2 - 24 Feb 2026 | 1.00x | 0.61x | 0.59x | 0.60x |
| Day 3 - 25 Feb 2026 | 1.00x | 0.83x | 1.71x | 1.35x |
Kiaasa Retail SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 23 February 2026 |
| IPO Close Date | 25 February 2026 |
| Allotment Date | 26 February 2026 |
| Refund Initiation | 27 February 2026 |
| Share Credit to Demat | 27 February 2026 |
| Listing Date | 2 March 2026 |
| Minimum Investment | Rs 2,54,000.00 |
| Lot Size | 1000 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
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
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 27 June 2026, 2:01 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. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Kiaasa Retail SME IPO NII subscription?
Kiaasa Retail SME IPO NII (Non-Institutional Investors) subscription is 0.83x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in Kiaasa Retail SME IPO for retail?
Kiaasa Retail SME IPO retail share subscription is 1.71x. Application-wise data is needed for accurate lottery odds.
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?
Allotment odds in Kiaasa Retail SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. 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.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.