Riyaasat Lifestyle IPO
Open SmeCurrent GMP
₹0 (0.00%)
Price Band
₹ 102 – 108
Lot Size
1200
Issue Size
₹31 Cr
Minimum Investment
₹259200 (2400 Shares)
Listing Date
01 July 2026
Subscription
1.38x
About the Company
Incorporated in October 2021, Riyaasat Lifestyle Limited is engaged in the design, retail, and distribution of ethnic wear for men and women. The company offers a diverse range of traditional and contemporary ethnic apparel, including Kurtas, Pyjamas, Sherwanis, Jodhpuri suits, Lehengas, and Gowns, each crafted to blend style, comfort, and durability. The brand focuses on delivering fashionable designs made from high-quality materials to meet evolving customer preferences.
The company inaugurated its first Exclusive Brand Outlet (EBO) in Ahmedabad on October 23, 2021. Since then, it has expanded its retail footprint through a network of EBOs that enhance brand visibility and provide customers with a consistent, personalized, and premium shopping experience aligned with the company's vision and growth strategy.
As of March 31, 2026, Riyaasat Lifestyle Limited operated six Exclusive Brand Outlets across the states of Gujarat and Maharashtra. The outlets range in size from approximately 1,790 sq. ft. to 9,419 sq. ft., reflecting the company's commitment to offering an immersive and premium retail environment that embodies its brand identity.
In addition to its offline retail presence, the company markets and sells its products through its official e-commerce platform, www.riyaasat.in, as well as leading online fashion marketplaces, including Pernia's Pop-Up Shop, enabling it to reach a broader customer base across India.
As of January 31, 2026, the company employed approximately 177 personnel, comprising skilled, semi-skilled, and unskilled employees across various operational, administrative, and managerial functions. This workforce plays a key role in supporting the company's retail operations, customer service, and business expansion initiatives.
Promoters
- Gaurang Ramanbhai Galiya
- Ramanbhai Nanubhai Galiya
- Sobhanaben R Galiya
Promoters Holding
Holding Pre Issue
99.87%
Holding Post Issue
73.40%
Objects of the Issue
The Company Riyaasat Lifestyle IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Capital expenditure towards setting-up of 4 new Stores (“Showrooms”)
- Meet Working Capital requirements
- General Corporate Purpose
Address / Contact Info
Riyaasat Lifestyle Ltd.
01/GF, 'Time Square'
B/S. 'PariseemaC.G. Road,
Ahmedabad, Gujarat, 380009
Phone: +918866115025
Email: cs@riyaasat.in
Website: https://riyaasat.in/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Thursday, 18 June 2026
IPO Close Date
Thursday, 25 June 2026
Basis of Allotment
Monday, 29 June 2026
Initiation of Refunds
Tuesday, 30 June 2026
Credit of Shares to Demat
Tuesday, 30 June 2026
Listing Date
Wednesday, 01 July 2026 — NSE & BSE
Important Dates
Open Date
18 June 2026
Close Date
25 June 2026
Basis Of Allotment
29 June 2026
Listing Date
01 July 2026
Financial Performance (₹ in Crores)
| Particular | 31 Jan 2026 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 76.15 | 33.91 | 17.75 | 8.79 |
| Revenue | 28.13 | 25.19 | 23.34 | 20.94 |
| Profit After Tax | 4.29 | 4.87 | 4.08 | 1.32 |
| Net Worth | 17.39 | 13.1 | 6.23 | 2.15 |
| Reserve & Surplus | 9.5 | 5.21 | 5.48 | 1.4 |
| Total Borrowings | 38.97 | 8.87 | 4.74 | 1.02 |
EPS Pre
6.16%
EPS Post
4.79%
P/E Pre
17.52
P/E (Post Issue)
22.53x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Jan 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| ROE % | 28.15 | 50.34 | 97.45 | 116.09 |
| ROCE % | 17.34 | 37.09 | 71.29 | 96.38 |
| Debt / Equity | 2.24 | 0.68 | 0.76 | 0.47 |
| RoNW % | 24.67 | 37.15 | 65.52 | 61.49 |
| PbW | 0 | 0 | 0 | 0 |
| Pat Margin % | 15.4 | 19.62 | 17.86 | 6.31 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 136800 | 5.06 | 0 |
| Non-Institutional | 964800 | 35.7 | 0 |
| BNII | 643200 | 23.8 | 0 |
| SNII | 321600 | 11.9 | 0 |
| Retail Investors | 1600800 | 59.24 | 0 |
| Total | 2702400 | 100 | 0 |
Subscription Status ( Thu, 25 Jun 26 01:47 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 136800 | 2781600 | 20.33x |
| Non-Institutional | 964800 | 229200 | 0.24x |
| BNII | 643200 | 178800 | 0.28x |
| SNII | 321600 | 50400 | 0.16x |
| Retail Investors | 1600800 | 708000 | 0.44x |
| Total | 2702400 | 3718800 | 1.38x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Riyaasat Lifestyle Ltd | 10 | 0.00 | 0.00 | 0.00 | 50.34 | 16.59 |
| Bizotic Commercial Ltd | 10 | 213.39 | 0.00 | 0.00 | 7.38 | 72.20 |
| Vedant Fashions Ltd | 1 | 28.01 | 0.00 | 0.00 | 21.72 | 73.55 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | 259,200.00 |
| Retail (Max) | 2 | 2,400 | 259,200.00 |
| S-HNI (Min) | 3 | 3,600 | 388,800.00 |
| S-HNI (Max) | 7 | 8,400 | 907,200.00 |
| B-HNI (Min) | 8 | 9,600 | 1,036,800.00 |
Registrar
Skyline Financial Services Private Ltd
02228511022
info@skylinerta.com
https://www.skylinerta.com
Book Running Lead Managers
- Mark Corporate Advisors Private Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Riyaasat Lifestyle IPO is a Book-building IPO worth ₹31 crores. The price band is ₹102 to 108 per share. The IPO opens on Thu, Jun 18, 2026 and closes on Thu, Jun 25, 2026. It will be listed on BSE and NSE. Skyline Financial Services Private Ltd is the registrar.
The Riyaasat Lifestyle IPO opens on Thu, Jun 18, 2026 and closes on Thu, Jun 25, 2026
Riyaasat Lifestyle IPO Price Band is ₹102 to 108.
Riyaasat Lifestyle IPO lot size is 1200, and the minimum amount required for application is ₹259200.
The minimum investment for Riyaasat Lifestyle IPO is approximately ₹259200 based on the upper price band.
To apply for the Riyaasat Lifestyle IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, Jun 25, 2026. After submission, funds are blocked until the basis of allotment of Riyaasat Lifestyle IPO is finalised.
Riyaasat Lifestyle IPO issue size is ₹31 crores.
Riyaasat Lifestyle IPO allotment date is Sat, Jun 27, 2026.
The registrar for Riyaasat Lifestyle IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website for IPO allotment status, refund processing, and other queries related to Riyaasat Lifestyle IPO through their official website or helpline.