IPO
UHM Vacation IPO Details
Last Updated on June 3, 2026 UHM Vacation Ltd. IPO Incorporated in 2009, UHM Vacation Ltd is a B2B travel and tourism aggregator that offers a wide range of travel
June 3, 2026
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Kiaasa Retail Ltd. IPO
Established in 2018, Kiaasa Retail Limited is an Indian fashion brand focused on women’s ethnic and fusion wear. Founded in 2018 and based in Ghaziabad, it operates over 100 stores in more than 80 cities across India.
Kiaasa offers a diverse collection of women’s ethnic wear, including:
- Kurtas and Kurta Sets
- Suit Sets
- Lehenga Sets
- Bottoms and Dupattas
- Accessories
Kiaasa is an ethnic wear brand offering a range of women’s apparel, footwear, and accessories, including salwar kameez, lehengas, jewellery, bags, and scarves.
The brand meets the fashion needs of Indian women with high-quality, affordable products that reflect individuality.
The company operate through exclusive outlets and online platforms for greater accessibility.
The company has 113 brand outlets in 70 cities, plus an online presence.
The company operates via three models: FOFO (Franchise Owned Franchise Operated), COCO (Company Owned Company Operated), and FICO (Franchise Invested Company Operated), enabling efficient retail network management.
As of February 28, 2025, the company had 340 full-time employees.
Competitive strength:
- Strong Leadership and Fast Growth.
- Designs That Connect with Local Culture.
- Strict Quality Checks for Every Product
- Affordable Prices Without Compromising Quality.
Company Financials (Restated)
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 181.81 | 144.30 | 95.42 | 54.26 |
| Total Income | 58.01 | 120.70 | 85.19 | 50.18 |
| Profit After Tax | 6.64 | 8.38 | 5.74 | 2.46 |
| EBITDA | 12.26 | 15.49 | 10.01 | 4.95 |
| NET Worth | 47.31 | 40.67 | 12.71 | 2.96 |
| Reserves and Surplus | 34.57 | 27.93 | 8.21 | 2.46 |
| Total Borrowing | 43.03 | 28.67 | 15.88 | 21.17 |
| Amount in ₹ Crore | ||||
IPO Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expenditure for opening new stores | 46.45 |
| 2 | General corporate purposes | |
| Total | 46.45 |
Key Performance Indicator (KPI)
| KPI | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 20.20% | 42.36% |
| ROCE | 12.02% | 20.34% |
| Debt/Equity | 0.91 | 0.70 |
| RoNW | 14.03% | 20.60% |
| PAT Margin | 11.46% | 6.94% |
| EBITDA Margin | 21.17% | 12.84% |
| Price to Book Value | 3.42 | 3.98 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 6.58 | 7.28 |
| P/E (x) | 19.31 | 17.44 |
Kiaasa Retail IPO Details
| IPO Date | 23 to 25 Feb, 2026 |
| Listing Date | Mon, Mar 2, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹121 to ₹127 |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 54,90,000 shares (agg. up to ₹70 Cr) |
| Reserved for Market Maker | 2,75,000 shares (agg. up to ₹3 Cr) |
| Net Offered to Public | 52,15,000 shares (agg. up to ₹66 Cr) |
| Share Holding Pre Issue | 1,27,39,005 shares |
| Share Holding Post Issue | 1,82,29,005 shares |
Kiaasa Retail IPO Promoter Holding
The promoters of the company are Mr. Vinod Gupta and Mrs. Arnima Gupta.
| Share Holding Pre Issue | 71.84% |
| Share Holding Post Issue | 50.82% |
SHARIAH SCREENING for - Kiaasa Retail Ltd. IPO
BUSINESS SCREEN
FINANCIAL RATIOS
As per our analysis and Based on the information we have, this is the output.
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IPO
Vahh Chemicals IPO Details
Last Updated on June 3, 2026 Vahh Chemicals Ltd. IPO Incorporated in 2019, Vahh Chemicals is an ISO 9001:2015 certified company engaged in manufacturing, supplying, and trading textile auxiliary chemicals.
June 3, 2026
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IPO
CMR Green Technologies IPO Details
Last Updated on June 3, 2026 CMR Green Technologies Ltd. IPO Incorporated in 2006, CMR Green Technologies Limited is non-ferrous metal recycler and secondary aluminium market, specializing in aluminium and zinc die-casting alloys.
June 3, 2026
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