IPO Details
IPO Open Date
23 Feb 2026
IPO Close Date
25 Feb 2026
Issue Size
Approx ₹69.72 Crores
Price Band
₹121 to ₹127 Per Share
Listing Price
₹123.00
Listing Percent
-3.15%
Important Note
- "Shares Offered" and "Total Amount" are calculated based on the upper price of the issue price range.
- The portion of anchor investors (or market makers) is not included in the total number of shares offered.
- Market Maker portion is not included to NII/HNI.
Kiaasa Retail IPO Subscription Status
| Investor Category | Subscription (times) | Shares Offered | Shares Bid For | Total Amount (₹ Cr) | Total Applications |
|---|---|---|---|---|---|
| Market Maker | 1 | 2,75,000 | 2,75,000 | ₹ 3.493 | - |
| QIB (Ex Anchor) | 14.98 | 52,000 | 7,79,000 | ₹ 9.893 | - |
| NII*** | 1.16 | 20,87,000 | 24,13,000 | ₹ 30.645 | - |
| bNII (> ₹10L) | 1.29 | 13,91,000 | 17,88,000 | ₹ 22.708 | - |
| sNII (< ₹10L) | 0.90 | 6,96,000 | 6,25,000 | ₹ 7.938 | - |
| Individual Investors | 2.43 | 30,76,000 | 74,78,000 | ₹ 94.971 | - |
| Total ** | 2.05 | 52,15,000 | 1,06,70,000 | ₹ 135.509 | 4,016 |
Day-wise Subscription Details (Times)
| Date | QIB (Ex Anchor) | NII | sNII (> ₹10L) | bNII (< ₹10L) | Individual Investors | Total |
|---|---|---|---|---|---|---|
| 25 Feb 2026 | 14.98 | 1.16 | 1.29 | 0.90 | 2.43 | 2.05 |
| 24 Feb 2026 | 1.00 | 0.61 | 0.83 | 0.15 | 0.59 | 0.60 |
| 23 Feb 2026 | 1.00 | 0.01 | 0.00 | 0.04 | 0.16 | 0.11 |
Note: QIB = Qualified Institutional Buyers, NII = Non-Institutional Investors, sNII = Small NII, bNII = Big NII
IPO Shares Offered
| Category | Shares Offered | Amount (₹ Cr) | Size (%) |
|---|---|---|---|
| Market Maker | 2,75,000 | ₹ 3.49 | 5.01% |
| QIB | 52,000 | ₹ 0.66 | 0.95% |
| NII* | 20,87,000 | ₹ 26.50 | 38.01% |
| bNII (> ₹10L) | 13,91,000 | ₹ 17.67 | 25.34% |
| sNII (< ₹10L) | 6,96,000 | ₹ 8.84 | 12.68% |
| Retail | 30,76,000 | ₹ 39.07 | 56.03% |
| Total | 54,90,000 | ₹ 69.72 | 100% |
Basis of Allotment
| Category | Total QIB | Below ₹10L | Above ₹10L | Total NII | Retail | Total |
|---|---|---|---|---|---|---|
| Allocation (No. of shares) | 52,000 | 6,96,000 | 13,91,000 | 20,87,000 | 30,76,000 | 52,15,000 |
| Allotment price (Rs.) | 127 | 127 | 127 | 127 | 127 | 127 |
| No.of applications | 4 | 202 | 48 | 250 | 3,645 | 3,899 |
| No.of shares applied | 7,79,000 | 6,28,000 | 4,88,000 | 11,16,000 | 72,90,000 | 91,85,000 |
| Amount collected (Rs.cr.) | 9.89 | 7.98 | 6.20 | 14.17 | 92.58 | 116.65 |
| No.of times subscribed | 14.98 | 0.90 | 0.35 | 0.53 | 2.37 | 1.76 |
| No.of shares allotted | 52,000 | 6,28,000 | 4,88,000 | 11,16,000 | 40,48,000 | 52,16,000 |
| Amount (Rs.cr.) | 0.66 | 7.98 | 6.20 | 14.17 | 51.41 | 66.24 |
| No.of allottees | 4 | 202 | 48 | 250 | 2,024 | 2,278 |
Understanding IPO Subscription Status
What is Subscription Times?
Subscription times indicate how many times the IPO has been subscribed. For example, if subscription is 5x, it means the IPO received 5 times more applications than shares available.
Investor Categories
- QIB (Qualified Institutional Buyers): Large institutional investors like mutual funds, insurance companies, banks
- NII (Non-Institutional Investors): High net-worth individuals and corporates
- sNII: Small NII with investment above ₹2 lakhs but below ₹10 lakhs
- bNII: Big NII with investment above ₹10 lakhs
- Retail: Individual investors investing up to ₹2 lakhs
- Anchor Investors: Selected institutional investors who get allocation before IPO opens
How to Interpret the Data?
- Higher subscription times generally indicate strong demand
- Retail and NII oversubscription shows interest from individual investors
- QIB subscription reflects institutional confidence
- Day-wise data helps track momentum during the IPO period