Synopsis: The Kiaasa Retail IPO Allotment concluded today, February 25, 2026, with a total subscription of 2.05x. As investors pivot toward the allotment phase, the focus shifts to the official registrar, Purva Sharegistry. Shareholders can expect the final basis of allotment to be released on Thursday, February 26.
Kiaasa Retail IPO Allotment Status
The bidding window for the Kiaasa Retail IPO Allotment has officially closed, and the attention of the investing community is now on the share allocation process.
This BSE SME issue, which sought to raise ₹69.72 crore, saw a steady response from various investor categories, led by a late surge in institutional interest.
Latest Subscription and Allotment Timeline
By the end of Day 3, the IPO was subscribed 2.05 times overall. Specifically, the Qualified Institutional Buyers (QIB) portion was booked a massive 14.98 times, while the retail segment stood at 2.43 times.
Because the demand exceeded the available shares, the allotment process will follow a proportionate basis for institutional bidders and a lottery-style system for retail investors.
The crucial date for investors is February 26, 2026, when the company will finalize the basis of allotment.
Consequently, the initiation of refunds and the credit of shares to Demat accounts will take place on February 27, 2026.
Where to Check Allotment Status?
Investors can verify their application status through two primary channels:
- Registrar’s Portal: Visit the Purva Sharegistry (India) Pvt Ltd website. Select “Kiaasa Retail” from the dropdown menu and enter your PAN, Application Number, or DP ID.
- BSE Website: Navigate to the “Status of Issue Application” page on the BSE India website, select “Equity,” and input your application details.
Allotment Status: Click Here
Grey Market Signal and Listing
In the unofficial market, the Kiaasa Retail GMP currently stands at ₹26, reflecting a potential listing gain of approximately 20.47% over the upper price band of ₹127.
The grey market offers an early indication of investor sentiment. However, the actual performance will be clear when the shares debut on the BSE SME platform on March 2, 2026.
Kiaasa Retail, a Ghaziabad-based women’s ethnic wear brand, intends to utilize the IPO proceeds to fuel its aggressive showroom expansion across Tier-2 and Tier-3 cities in India.
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