New Delhi: Women’s ethnic wear brand Kiaasa has received approval from the Bombay Stock Exchange (BSE) to launch its Initial Public Offering (IPO) on the SME platform.
The IPO will comprise a fresh issue of equity shares aggregating up to ₹55 crore, with proceeds earmarked for new store openings and expansion. The issue will be managed by Expert Global Consultants Pvt. Ltd.
Founded in the NCR, Kiaasa operates over 100 exclusive outlets across 20 states, largely focused on Tier-2 cities. The company plans to expand to more than 250 stores by FY28 and has outlined global expansion for FY26.