Kiaasa Retail SME IPO listing: SME stock lists at 3% discount, hits lower circuit amid stock market crash
Kiaasa Retail SME IPO listing: SME stock lists at 3% discount, hits lower circuit amid stock market crash is drawing significant interest across the industry.
Kiaasa Retail's IPO opened on February 23 and closed on February 25, achieving over two times subscription. Priced at ?127, it offered 54.90 lakh shares. The company specializes in ethnic wear for women, but shares debuted weakly on March 2, falling to ?116.85 amid market volatility.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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