Riyaasat Lifestyle Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 20.33x | 136,800 | 2,781,600 | ₹1 Cr |
| NII (HNI) | 0.09x | 964,800 | 82,800 | ₹10 Cr |
| Retail | 0.44x | 1,600,800 | 708,000 | ₹17 Cr |
| Market Maker | — | 146,400 | — | ₹2 Cr |
| Σ Total | 1.32x | 2,702,400 | 3,572,400 | ₹29 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹129,600 |
| Retail (Max) | 13 | 15,600 | ₹1,684,800 |
| S-HNI (Min) | 14 | 16,800 | ₹1,814,400 |
| B-HNI (Min) | 67 | 80,400 | ₹8,683,200 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Jan 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 28 | 25 | 23 |
| EBITDA | 7 | 6 | 5 |
| Profit After Tax | 4 | 5 | 4 |
| Net Worth | 17 | 13 | 6 |
| Total Assets | 76 | 34 | 18 |
| Reserves & Surplus | 10 | 5 | 5 |
| Total Borrowing | 39 | 9 | 5 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Capital expenditure towards setting-up of 4 new Stores (“Showrooms”) – 12.47
- Working Capital requirements – 9.50
- General Corporate Purpose –
Company Overview
Incorporated in October 2021, Riyaasat Lifestyle Limited offers ethnic wear for Men and Women. The brand offers a collection of Kurta, Payjama, Sherwani, Jodhpuri, Lehanga, Gown, each designed to embody fun and fashion. Every piece is made with fine materials for comfort and durability.
The company launched its first EBO in Ahmedabad on October 23, 2021. EBOS boost brand visibility and deliver a consistent, personalized shopping experience, aligning with its vision and business goals.
As of March 31, 2026, the company operates 6 EBOs across Gujarat and Maharashtra, with stores ranging from 1,790 to 9419 sq. ft., reflecting its brand ethos and providing a premium retail experience.
The company sells its products through its website, www.riyaasat.in and through online marketplaces including Pernia’s Pop-up.
As of January 31, 2026, The Company had a team of approximately 177 employees, including skilled, semi-skilled and unskilled staff, working in various roles and departments.
Competitive Strength:
- Customization enables customers to personalize their clothing to suit their preferences.
- Timeless Tradition, Ever-Evolving Style.
- Quality Style at an Affordable Price.
- Inspiring and Seamless Shopping Experience.
- Prominent Reputation for Exquisite Men's Ethnic Wear.
- Strategic Locations and Well-Equipped Workshop.
- Commitment to Quality.