Kiaasa Retail SME IPO GMP History
Kiaasa Retail SME IPO has been listed on March 2, 2026 at a listing price of ₹123, against the issue price of ₹127 — a loss of ₹4 (-3.15%). The GMP peaked at ₹26 on 24 February 2026 and reached a low of ₹0 on 1 March 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Kiaasa Retail SME IPO raised ₹69.72 Cr. through its IPO at a price band of ₹121 to ₹127 per share, with a lot size of 1000 shares. The IPO was open for subscription from 23 Feb 2026 to 25 Feb 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 25 Aug, 12:55 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 01 Mar 2026 | ₹ 0 | — | -- | — | — |
| 28 Feb 2026 | ₹ 0 | — | -- | — | — |
| 26 Feb 2026 | ₹ 0 | ▼ | -- | — | ₹ 3000 |
| 25 Feb 2026 | ₹ 4 | ▼ | 3% | — | ₹ 3000 |
| 24 Feb 2026 | ₹ 26 | — | 20% | — | ₹ 19000 |
| 23 Feb 2026 | ₹ 26 | ▲ | 20% | — | ₹ 19000 |
| 22 Feb 2026 | ₹ 0 | — | -- | — | — |
| 21 Feb 2026 | ₹ 0 | — | -- | — | — |
| 20 Feb 2026 | ₹ 0 | — | -- | — | — |
| 19 Feb 2026 | ₹ 0 | — | -- | — | — |
| 18 Feb 2026 | ₹ 0 | — | -- | — | — |
Kiaasa Retail SME IPO dates
Key dates from opening to listing. Today is 13 October.
- Open 23 Feb 2026
- Close 25 Feb 2026
- Allotment 26 Feb 2026
- Refund/credit 27 Feb 2026
- Listing 02 Mar 2026
Kiaasa Retail SME IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹127 |
|---|---|
| Listing gain / loss | −₹4 per share |
| Listing date | 02 Mar, 2026 |
| Actual listing price | ₹123 (-3.15%) |
Is Kiaasa Retail SME IPO GMP reliable?
Grey market premium for Kiaasa Retail SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Kiaasa Retail SME IPO full review for a fundamentals-based assessment before making any grey market trades.
Kiaasa Retail SME IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Kiaasa Retail SME IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Kiaasa Retail SME IPO
Kiaasa Retail Limited is an emerging player in India’s fashion jewellery segment, known for offering contemporary and affordable designs inspired by global trends. The company was established with a vision to make stylish jewellery accessible to a wide customer base, especially in the organised retail market. Promoted by experienced entrepreneurs, Kiaasa Retail has steadily expanded its presence through mall-based stores and kiosks across major cities, building a recognisable brand among urban consumers.
The company focuses on designing, sourcing, and retailing a wide range of fashion accessories including necklaces, earrings, bracelets, and other lifestyle products. Its business model revolves around fast-moving inventory, trend-based collections, and strategic retail locations to attract footfall. By combining in-house design capabilities with efficient supply chain management, Kiaasa Retail aims to maintain product variety and affordability, catering primarily to young and fashion-conscious customers.
Frequently asked
What is the GMP of Kiaasa Retail SME IPO?
The current Grey Market Premium (GMP) of Kiaasa Retail SME IPO is not yet started or active in the market.
What is the Kostak Price of Kiaasa Retail SME IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Kiaasa Retail SME IPO is not available.
What is the Subject to Sauda Price of Kiaasa Retail SME IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Kiaasa Retail SME IPO?
Kiaasa Retail SME IPO listed on March 2, 2026 at ₹123, against the issue price of ₹127 — a loss of -3.15%.
How did the GMP of Kiaasa Retail SME IPO trend before listing?
The GMP of Kiaasa Retail SME IPO was stable in its final days before listing. The GMP peaked at ₹26 on 24 February 2026. View the day-wise table above for the complete GMP history.
Explore Kiaasa Retail SME IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
