| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹30.20 Cr |
| Reserved for Market Maker | ₹1.55 Cr |
| Net Issue Size | ₹30.20 Cr |
| Fresh Issue | ₹28.65 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน100.00-106.00 per share |
| BSE Code | 544804 |
| Registrar | Skyline Financial Services Pvt.Ltd. |
| Lead Managers | Mark Corporate Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,400 shares ยท Multiples of 1,200 shares
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 > โน10L | 6,43,200 | 22.58% | |
| − sNII < โน10L | 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% |
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, 2025, the company operates 5 EBOs in Gujarat, 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.
Competitive Strength:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน 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 |
| 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 | ||||
| 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 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 6.16 | 4.79 |
| P/E (x) | 17.2 | 22.12 |
| Promoter Holding | 99.87% | 73.4% |
| Market Cap | โน113.89 Cr. | |