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Riyaasat Lifestyle IPO Details

18 June - 25 June 2026 Closed
SME BSE

The Riyaasat Lifestyle IPO is a book build issue with a total issue size of ₹31 cr, comprising of fresh issue of 2702400 equity shares. Riyaasat Lifestyle IPO opened for subscription on Jun 18, 2026 and closed on Jun 25, 2026. Riyaasat Lifestyle IPO is set price band at ₹102 to ₹108 per share, with a lot size of 1200 shares. Minimum investment for Retail investors was ₹259,200.00 (at the upper price band) to apply for one lot.

The basis of allotment got finalized on Jun 29, 2026, and listed on both the NSE and BSE on Jul 01, 2026.

Skyline Financial Services Private Ltd has been appointed as the registrar. **Mark Corporate Advisors Private Limited ** are the Book Running Lead Manager for the issue.

Before investing in the Riyaasat Lifestyle IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.

Price Band
₹ 102 – 108
Lot Size
1200
Issue Size
₹31 Cr
Minimum Investment
₹259200 (2400 Shares)
Listing Date
01 July 2026

Current GMP

₹0 (0.00%)

Open Date 18 June, 2026
Close Date 25 June, 2026
Market Cap -
Industry Retailing
Sector Retailing
Subscription 1.38x

*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.

About Riyaasat Lifestyle Limited

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.

Riyaasat Lifestyle IPO Promoters

  1. Gaurang Ramanbhai Galiya
  2. Ramanbhai Nanubhai Galiya
  3. Sobhanaben R Galiya
Promoters Holding

Holding Pre Issue

99.87%

Holding Post Issue

73.40%

Riyaasat Lifestyle IPO Objective

The Company Riyaasat Lifestyle IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.

  1. Capital expenditure towards setting-up of 4 new Stores (“Showrooms”) 
  2. Meet Working Capital requirements 
  3. 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

Face Value₹10 per share
Price Band₹ 102 – 108
Lot Size1200
Issue TypeBook-building IPO
Sale TypeFresh Capital
Fresh Issue₹ 29.00 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 31.00 Cr
Listing AtBSE
IndustryRetailing
SectorRetailing
QIB Quota5.06%
BNII Quota23.8%
SNII Quota11.9%
Retail Quota59.24%

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 with a total issue size of ₹31 crore. The Riyaasat Lifestyle IPO price band is ₹102 to 108 per share. The Riyaasat Lifestyle IPO subscription opens on Thu, Jun 18, 2026, and closes on Thu, Jun 25, 2026. The Riyaasat Lifestyle IPO will be listed on the BSE. Skyline Financial Services Private Ltd is the registrar for the Riyaasat Lifestyle IPO.

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 per share.

Riyaasat Lifestyle IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹259200 based on the upper price band

The minimum investment for Riyaasat Lifestyle IPO is ₹259200, based on one lot of 1200 shares at the upper price band of ₹108 per share.

Investors can apply for the Riyaasat Lifestyle IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Jun 25, 2026. The application amount remains blocked until the Riyaasat Lifestyle IPO allotment is finalized.

Riyaasat Lifestyle IPO issue size is ₹31 crores.

Riyaasat Lifestyle IPO allotment date is Wed, Jul 1, 2026.

The registrar for Riyaasat Lifestyle IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website to check Riyaasat Lifestyle IPO allotment status, refund processing, and other IPO-related information.