Riyaasat Lifestyle Limited
Bookbuilding IPO · BSE
- Price band
- ₹100 - ₹106
- Lot size
- 1,200 shares
- Issue amount
- ₹30.2 cr
- Total subscription
- 1.38×
- Opens
- 18 Jun 2026
- Closes
- 25 Jun 2026
- Allotment
- 29 Jun 2026
- Listing
- 1 Jul 2026
Offer at a glance
Issue overview
- Issue size
- 28,48,800 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,20,000
- Fresh issue
- ₹30.2 cr
- Offer for sale
- ₹0 cr
- Registrar
- Skyline Financial Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,27,200
- Issue type
- Bookbuilding IPO
- Shares before issue
- 78,95,678
- Shares after issue
- 1,07,44,478
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 2,400 | ₹2,59,200 |
| sHNI | 3 | 3,600 | ₹3,88,800 |
| bHNI | 8 | 9,600 | ₹10,36,800 |
Share reservation
Subscription & GMP
Subscription by category
Reported 25 Jun 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 7 |
| NIB | 0 | 16 |
| RETAIL | 667 | 295 |
| EMPLOYEES | 0 | 0 |
| HNIs(10L +) | 179 | 3 |
| HNIs (2-10L) | 89 | 13 |
| Shareholder | 0 | 0 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 1.45 | 29.48 |
| FIIs | 0 | 29.48 |
| RETAIL | 16.97 | 7.5 |
| NIB | 10.23 | 2.43 |
| HNIs 2+ | 3.41 | 0.53 |
| HNIs 10+ | 6.82 | 1.9 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Jan-26 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| EPS | 5.44 | 6.17 | 5.31 | 1.87 |
| ROE | 24.67 | 37.15 | 65.52 | 61.49 |
| ROCE | 17.34 | 37.09 | 71.29 | 96.38 |
| RONW | 0 | 0 | 0 | 0 |
| PRE IPO(PE) | 0 | 17.52 | 0 | 0 |
| POST IPO(PE) | 22.53 | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Riyaasat Lifestyle Limited | 17.52 | 108.00 | 10.00 | 16.59 | 50.34 | 6.17 |
| Bizotic Commercial Limited | 213.39 | 879.15 | 10.00 | 72.20 | 7.38 | 4.12 |
| Vedant Fashions Limited | 28.01 | 447.90 | 1.00 | 73.55 | 21.72 | 15.99 |
Company information
Company profile
Founded in October 2021, Riyaasat Lifestyle Limited offers ethnic wear for both men and women, including kurtas, pyjamas, sherwanis, jodhpuri outfits, lehengas, and gowns, designed with a focus on style, comfort, and durability. The company opened its first exclusive brand outlet (EBO) in Ahmedabad in October 2021 and has since expanded to 5 stores across Gujarat as of March 31, 2025, providing a premium and personalized shopping experience. It also sells its products through its official website and online platforms like Pernia’s Pop-up, helping it reach a wider customer base.
Strengths
- Strong Ethnic Wear Positioning: Focus on men’s and women’s ethnic fashion with customization options enhances brand appeal.
- Omni-Channel Sales Presence: Combination of EBOs, website, and marketplaces supports wider reach.
- Premium Retail Experience: Well-designed stores and quality products improve customer experience and brand value.
Risk factors
- Limited Geographic Presence: Operations concentrated mainly in Gujarat restrict national expansion.
- Dependence on Fashion Trends: Demand influenced by changing consumer preferences and seasonal trends.
- High Competition in Apparel Market: Faces competition from established ethnic and fashion brands.
Promoters
Gaurang Ramanbhai Galiya
Ramanbhai Nanubhai Galiya
Sobhanaben R Galiya
Registrar & documents
Lead manager
Mark Corporate Advisors Private Limited
Registrar & contacts
Skyline Financial Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
01/GF, 'Time Square' B/S. 'Pariseema C.G. Road, Ahmedabad, Gujarat, 380009
+918866115025
[email protected]Company website ↗Understanding RIYAASAT IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.