Riyaasat Lifestyle IPO
GMP, Subscription, Price, Dates & Financial Details
Retailing
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,…
Open Date
Thu, 18 Jun 2026
Close Date
Thu, 25 Jun 2026
Price Band
₹ 102 – 108
Lot Size
1200
Issue Size
₹ 31.00 Cr
Minimum Investment
₹ 259,200 (2400 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Riyaasat Lifestyle IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹31.00 Crore, comprising a fresh issue of 27.02 Lakh equity shares aggregating to ₹29.00 Crore.
The Riyaasat Lifestyle IPO remained open for subscription from June 18, 2026, to June 25, 2026. The basis of allotment was finalized on June 29, 2026, and the company's shares were listed on BSE SME Platform on July 01, 2026.
The company had fixed the price band at ₹102 to ₹108 per share, with a lot size of 1200 shares. Retail investors were required to make a minimum investment of ₹259,200 (based on the upper price band) to apply for one lot.
Skyline Financial Services Private Ltd served as the registrar to the issue. Mark Corporate Advisors Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Riyaasat Lifestyle Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Riyaasat Lifestyle IPO Timeline (Tentative)
- IPO Open Date
- Thu, 18 Jun 26
- IPO Close Date
- Thu, 25 Jun 26
- Basis of Allotment
- Mon, 29 Jun 26
- Initiation of Refunds
- Tue, 30 Jun 26
- Credit of Shares to Demat
- Tue, 30 Jun 26
- Listing Date
- Wed, 01 Jul 26 — NSE & BSE
Open Date
18 June 2026
Close Date
25 June 2026
Basis Of Allotment
29 June 2026
Listing Date
01 July 2026
IPO Subscription
Check Live Subscription →The Riyaasat Lifestyle IPO has received bids for 37,18,800 shares against 27,02,400 shares offered, resulting in an overall subscription of 1.38x. the NII category is subscribed 0.24x, Retail Investors 0.44x, and QIBs 20.33x. Within the NII category, BNII is subscribed 0.28x, while SNII is subscribed 0.16x.
QIB
20.33x
NII
0.24x
BNII
0.28x
SNII
0.16x
RII
0.44x
Total
1.38x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 16,00,800 shares, representing 59.24% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 1,36,800 shares (5.06%), while Non-Institutional Investors (NIIs) receive 9,64,800 shares (35.7%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 136,800 | 5.06% |
| Non-Institutional | 964,800 | 35.7% |
| BNII | 643,200 | 23.8% |
| SNII | 321,600 | 11.9% |
| Retail Investors | 1,600,800 | 59.24% |
| Total | 2,702,400 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Riyaasat Lifestyle Limited KPI Information
| 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 |
| Pat Margin % | 15.4 | 19.62 | 17.86 | 6.31 |
Peers Comparison
| 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 |
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
- Gaurang Ramanbhai Galiya
- Ramanbhai Nanubhai Galiya
- 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.
- Capital expenditure towards setting-up of 4 new Stores (“Showrooms”)
- Meet Working Capital requirements
- General Corporate Purpose
Riyaasat Lifestyle Limited Address / Contact Details
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
Riyaasat Lifestyle IPO Lot Size
The Riyaasat Lifestyle IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹2,59,200 by applying for 2 lot (2,400 shares). The maximum application allowed for the retail category is 2 lots (2,400 shares), requiring an investment of ₹2,59,200.
| 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 |
Issue Reservation
- QIB — 5.06%
- NII — 35.7%
- RII — 59.24%
Book Running Lead Managers
- Mark Corporate Advisors Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Riyaasat Lifestyle 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.
When will the Riyaasat Lifestyle IPO open for subscription?
The Riyaasat Lifestyle IPO opens on Thu, Jun 18, 2026 and closes on Thu, Jun 25, 2026
What is Riyaasat Lifestyle IPO Price Band?
Riyaasat Lifestyle IPO Price Band is ₹102 to 108 per share.
What is Riyaasat Lifestyle IPO Lot Size?
Riyaasat Lifestyle IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹259200 based on the upper price band
What is the minimum investment for Riyaasat Lifestyle IPO?
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.
How to apply for Riyaasat Lifestyle IPO?
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.
What is Riyaasat Lifestyle IPO Issue Size?
Riyaasat Lifestyle IPO issue size is ₹31 crores.
What is the Riyaasat Lifestyle IPO Allotment Date?
Riyaasat Lifestyle IPO allotment date is Mon, Jun 29, 2026.
Who is the Riyaasat Lifestyle IPO Registrar?
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.
Who is the Riyaasat Lifestyle IPO Lead Manager?
The book-running lead managers (BRLMs) for the Riyaasat Lifestyle IPO are Mark Corporate Advisors Private Limited . The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Riyaasat Lifestyle IPO Red Herring Prospectus (RHP).