IPO Guru

IPO Listed — 02 Mar 2026

Listing Price: ₹123

vs Issue Price ₹127 ₹-4 (-3.15%)

Kiaasa Retail SME IPO GMP History | Listing Price ₹123 & Kostak Rate

IPO
Final GMP
₹ 0
--
Final Kostak
Retail ₹ 0
SHNI ₹ 0
BHNI ₹ 0
Final Sub. to Sauda
Retail ₹ 0
SHNI ₹ 0
BHNI ₹ 0

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.

GMP Trend Chart

Day-wise GMP Trend

Date GMP ↑↓ % Kostak Sub. Sauda
01 Mar 2026 ₹ 0 -- ₹ 0 ₹ 0
28 Feb 2026 ₹ 0 -- ₹ 0 ₹ 0
26 Feb 2026 ₹ 0 -- ₹ 0 ₹ 3000
25 Feb 2026 ₹ 4 3% ₹ 0 ₹ 3000
24 Feb 2026 ₹ 26 20% ₹ 0 ₹ 19000
23 Feb 2026 ₹ 26 20% ₹ 0 ₹ 19000
22 Feb 2026 ₹ 0 -- ₹ 0 ₹ 0
21 Feb 2026 ₹ 0 -- ₹ 0 ₹ 0
20 Feb 2026 ₹ 0 -- ₹ 0 ₹ 0
19 Feb 2026 ₹ 0 -- ₹ 0 ₹ 0
18 Feb 2026 ₹ 0 -- ₹ 0 ₹ 0

Kiaasa Retail SME IPO Dates

Event Date
Open Date 23 Feb, 2026
Close Date 25 Feb, 2026
Allotment Date 26 Feb, 2026
Refund Date 27 Feb, 2026
Credit to Demat 27 Feb, 2026
Listing Date 02 Mar, 2026

Kiaasa Retail SME IPO Actual Listing Price

Basis Value
Issue Price ₹127
Actual Listing Price ₹123 (-3.15%)
Listing Gain / Loss ₹-4 per share
Listing Date 02 Mar, 2026

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:

  • Subscription 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?
  • Timing 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.
  • Grey 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.
  • Cross-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 IPO Kostak Rate Explained

The Kostak rate for Kiaasa Retail SME IPO was not active during the subscription period, as no grey market premium was established. 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 active 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 Questions about Kiaasa Retail SME IPO

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 : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.

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 : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.

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

For a complete picture before making your investment decision, explore these resources:

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