Mumbai, March 2 -- The scrip listed at Rs 123, a 3.15% discount to the issue price. The stock was currently frozen at its lower limit of 5% to the listing price. The stock touched a high of Rs 123 and a low of Rs 116.85, with around 5.57 lakh shares changing hands on the counter.

Kiaasa Retail's IPO was subscribed 1.99 times. The issue opened for bidding on 23 February 2026 and it closed on 25 February 2026. The price band of the IPO was fixed between Rs 121 to Rs 127 per share.

The IPO comprised fresh issue of 54,90,000 equity shares. The promoter and promoter shareholding diluted to 50.22% from 71.84% pre-IPO.

The company intends to utilize the net proceeds for expenditure for opening new stores and for general corporate purpose.

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