Bookbuilding IPO | ₹30 Cr | Listed at BSE SME | Thu, Jun 18, 2026 - Thu, Jun 25, 2026
Riyaasat Lifestyle IPO is a book build issue of ₹30.20 crores. The issue is entirely a fresh issue of 0.28 crore shares of ₹30.20 crore.
Riyaasat Lifestyle IPO bidding started from Jun 18, 2026 and ended on Jun 25, 2026. The allotment for Riyaasat Lifestyle IPO was finalized on Jun 29, 2026. The shares got listed on the BSE SME on Jul 1, 2026.
Riyaasat Lifestyle IPO is set final issue price at ₹106 per share. The lot size for an application is 1,200 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,54,400 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹3,81,600.
Mark Corporate Advisors Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Nikunj Stock Brokers Ltd.
Refer to Riyaasat Lifestyle IPO RHP for detailed Information.
IPO Open
Thu, Jun 18, 2026
IPO Close
Thu, Jun 25, 2026
Issue Price
₹106 per share
Market Cap (Pre-IPO)
₹113.89 Cr
| IPO Date | 18 to 25 Jun, 2026 |
| Listed on | Wed, Jul 1, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹100 to ₹106 |
| Issue Price | ₹106 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 28,48,800 shares (agg. up to ₹30 Cr) |
| Reserved for Market Maker | 1,46,400 shares Nikunj Stock Brokers Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 27,02,400 shares (agg. up to ₹29 Cr) |
| Net Offered to Public | 27,02,400 shares (agg. up to ₹29 Cr) |
| Share Holding Pre Issue | 78,95,678 shares |
| Share Holding Post Issue | 1,07,44,478 shares |
| BSE Script Code | 544804 |
| ISIN | INE0KYI01012 |
Riyaasat Lifestyle IPO comprises a total issue size of 28,48,800 shares. The net offer to the public is 27,02,400 shares, after excluding 1,46,400 shares allotted on a firm basis. Of the Net offer 1,36,800 (5.06%) are allocated to QIB, 9,64,800 (35.70%) allocated to NII 16,00,800 (59.24%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 1,36,800 | 5.06% | 4.80% |
| NII (HNI) Shares Offered | 9,64,800 | 35.70% | 33.87% |
| − bNII > ₹10L | 6,43,200 | 22.58% | |
| − sNII < ₹10L | 3,21,600 | 11.29% | |
| Retail Shares Offered | 16,00,800 | 59.24% | 56.19% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,46,400 | 5.14% | |
| Total Shares Offered | 28,48,800 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2,400 | ₹2,54,400 |
| Individual investors (IND) (Max) | 2 | 2,400 | ₹2,54,400 |
| S-HNI (Min) | 3 | 3,600 | ₹3,81,600 |
| S-HNI (Max) | 7 | 8,400 | ₹8,90,400 |
| B-HNI (Min) | 8 | 9,600 | ₹10,17,600 |
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:
| Period Ended | 31 Jan 2026 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 76.15 | 33.91 | 17.75 | 8.79 |
| Total Income | 28.13 | 25.19 | 23.34 | 20.94 |
| Profit After Tax | 4.29 | 4.87 | 4.08 | 1.32 |
| EBITDA | 7.28 | 6.25 | 5.14 | 1.70 |
| NET Worth | 17.39 | 13.10 | 6.23 | 2.15 |
| Reserves and Surplus | 9.50 | 5.21 | 5.48 | 1.40 |
| Total Borrowing | 38.97 | 8.87 | 4.74 | 1.02 |
| Amount in ₹ Crore | ||||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Rajnandini Fashion India Ltd. | SME | ₹18.21 Cr | ₹63 | 9.31 | ₹60.57 | -3.86% | ₹37.25 (-1.97%) |
| Kiaasa Retail Ltd. | SME | ₹69.74 Cr | ₹127 | 19.31 | ₹116.85 | -7.99% | ₹32.77 (-4.99%) |
| Fractal Industries Ltd. | SME | ₹49.00 Cr | ₹216 | 15.99 | ₹217.55 | +0.72% | ₹216.60 (+0.28%) |
| Vashishtha Luxury Fashion Ltd. | SME | ₹8.87 Cr | ₹111 | 12.14 | ₹121.75 | +9.68% | ₹57.64 (-3.92%) |
| Kaytex Fabrics Ltd. | SME | ₹69.81 Cr | ₹180 | 12.25 | ₹150.60 | -16.33% | ₹57.80 (-2.03%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital expenditure towards setting up of 4 new Stores (Showrooms) | 12.47 |
| 2 | Working Capital Requirements | 9.50 |
| 3 | General Corporate Purposes | 4.03 |
| 4 | Issue Expenses | 4.20 |
| Total | 30.20 |
| KPI | Jan 31, 2026 | Mar 31, 2025 |
|---|---|---|
| ROE | 28.15% | 50.34% |
| ROCE | 17.34% | 37.09% |
| Debt/Equity | 2.24 | 0.68 |
| RoNW | 24.67% | 37.15% |
| PAT Margin | 15.40% | 19.62% |
| EBITDA Margin | 26.13% | 25.18% |
| Price to Book Value | 6.39 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 6.16 | 4.79 |
| P/E (x) | 17.2 | 22.12 |
| Promoter Holding | 99.87% | 73.4% |
| Market Cap | ₹113.89 Cr. |
The Riyaasat Lifestyle IPO is subscribed 1.32 times on June 25, 2026 6:54:16 PM (Day 6). The public issue subscribed 0.44 times in the individual investors category, 20.33 times in the QIB category, and 0.09 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| QIB (Ex Anchor) | 20.33 | 1,36,800 | 27,81,600 | 0 |
| NII* | 0.09 | 9,64,800 | 82,800 | 0 |
| bNII (> ₹10L) | 0.05 | 6,43,200 | 32,400 | |
| sNII (< ₹10L) | 0.16 | 3,21,600 | 50,400 | |
| Individual Investor | 0.44 | 16,00,800 | 7,08,000 | 0 |
| Total | 1.32 | 27,02,400 | 35,72,400 | 322 |
Total Applications: 322
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager fees | 0.25 |
| 2 | Underwriting Fees | 0.60 |
| 3 | Fees Payable to Registrar to a the Issue | 0.05 |
| 4 | Fees Payable for Advertising and Publishing Expense | 0.09 |
| 5 | Fees Payable to Regulators including Stock Exchanges | 0.06 |
| 6 | Payment for Printing & Stationery, Postage, etc | 0.05 |
| 7 | Fees Payable to Monitoring Agency, Market Maker, Auditor, Legal Advisors and other Professionals | 0.30 |
| 8 | Others, if any (Fees payable for Marketing & Promotion expenses, Selling Commission, Brokerage, depositories, secretarial, Sponsor Bank, Stamp duty,, and Miscellaneous Expenses) | 2.80 |
| Total | 4.20 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹106.00 |
| Open | ₹84.80 |
| Low | ₹80.60 |
| High | ₹84.80 |
| Last Trade | ₹80.60 |
Lead Manager Reports
Riyaasat Lifestyle IPO is a SME IPO of 28,48,800 equity shares of the face value of ₹10 aggregating up to ₹30 Crores. The issue is priced at ₹106 per share. The minimum order quantity is 1200.
The IPO opens on Thu, Jun 18, 2026, and closes on Thu, Jun 25, 2026.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Riyaasat Lifestyle IPO using UPI as a payment gateway. Zerodha customers can apply in Riyaasat Lifestyle IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Riyaasat Lifestyle IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Riyaasat Lifestyle IPO opens on Thu, Jun 18, 2026 and closes on Thu, Jun 25, 2026.
Riyaasat Lifestyle IPO lot size is 1200, and the minimum amount required for application is ₹2,54,400, with 2 lots being the minimum application size.
You can apply in Riyaasat Lifestyle IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Riyaasat Lifestyle IPO will be done on Monday, June 29, 2026, and the allotted shares will be credited to your demat account by Tue, Jun 30, 2026. Check the Riyaasat Lifestyle IPO allotment status.
The Riyaasat Lifestyle IPO listing date is on Wed, Jul 1, 2026.
