03 September 2025, Mumbai
NCR-headquartered women’s ethnic wear brand Kiaasa has launched a new IPO approved by the Bombay Stock Exchange (BSE). The IPO includes a fresh issue of equity shares worth approximately Rs 55 crore. The brand will use the proceeds from this IPO to open new stores and fund the company's retail expansion across India.
A specialist in high-quality ethnic and fusion wear for modern Indian women, Kiaasa operations over 100 EBOs across 20 states. Focusing on Tier II cities, the direct-to-consumer retailer plans to increase its store count to over 250 by FY28 and aims to go global in FY25–26.
The company has grown into a leading women's ethnic wear brand in India through a successful franchise model that supports local entrepreneurs and prioritizes customer satisfaction and quality.
