Riyaasat Lifestyle IPO

Listed SME
Min Investment
₹2,59,200
2400 Shares
Min Investment
₹2,59,200 · 2400 Shares
Open Jun 18
Close Jun 25
Allotment Jun 29
Refund Jun 30
Listing Jul 01

Market Sentiment

+Rs 0
+0.0%
Est. Listing: Rs 108
Updated: Jun 16, 2026 11:58 am
Subscription Status
QIB
20.33x
NII
0.21x
bNII (>10L)
0.24x
sNII (2-10L)
0.24x
Retail
0.44x
Total
1.31x
Updated: Jun 25, 2026 5:18 pm IST
Analysis Score 37 / 100
Avoid
Data: 78%
GMP Score 40
Subscription Score 25
Financial Health 66
Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Issue Price₹102-108 per equity share
Face Value₹10 Per Equity Share
Lot Size 2400 shares (Min ₹2,59,200)
Total Issue Size ₹31.00 crore
Fresh Share₹31.00 crore
Issue TypeBookbuilding Issue
Lead ManagerMark Corporate Advisors Pvt.Ltd.
RegistrarSkyline Financial Services Pvt.Ltd
Listing atBSE
BSE Code544804
ISININE0KYI01012
Listing Price₹84.80
Listing Gain-21.48%

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 2 2,400 ₹2,59,200
Retail Maximum 2 2,400 ₹2,59,200
S-HNI Minimum 3 3,600 ₹3,88,800
S-HNI Maximum 7 8,400 ₹9,07,200
B-HNI Minimum 8 9,600 ₹10,36,800
Budget to Lots Calculator

IPO Reservation

Category Shares Offered Shares %
QIB1,36,8005.06%
NII (HNI)9,64,80035.70%
bNII > ₹10L6,43,20023.80%
sNII < ₹10L3,21,60011.90%
Retail16,00,80059.24%
Total27,02,400100.00%

Day-wise Subscription (times subscribed)

Category Day 1 Day 2 Day 3 Day 4 Day 5 Day 7 Day 8
QIB 1.01x 1.01x 1.01x 1.01x 1.01x 11.35x 20.33x
NII 0.13x 0.13x 0.13x 0.13x 0.16x 0.16x 0.21x
bNII > ₹10L 0.16x 0.16x 0.16x 0.16x 0.18x 0.19x 0.24x
sNII 2-10L 0.16x 0.16x 0.16x 0.16x 0.18x 0.19x 0.24x
Retail 0.01x 0.04x 0.04x 0.04x 0.12x 0.18x 0.44x
Total 0.11x 0.13x 0.13x 0.13x 0.18x 0.71x 1.31x

Financial Analysis

Financial Data
EPS (Pre)
Rs 6.17
ROE
50.34%
ROCE
37.09%
RoNW
37.15%
EBITDA Margin
25.18%
Debt/Equity
0.68
NAV/Share
Rs 16.59
Revenue Growth
7.93%
Profit Margin
19.33%
Financial Performance
Metric 2023 2024 2025 Jan 2026
Revenue 20.94 23.34 25.19 28.13
Expense 19.30 18.29 19.31 22.98
Profit (PAT) 1.32 4.08 4.87 4.29
Total Assets 8.79 17.75 33.91 76.15
Values in Crores (₹)
Peer Comparison
Company EPS P/E RoNW % NAV Income
Bizotic Commercial Limited - 213.39 7.38 72.20 111.95 Cr
Vedant Fashions Limited - 28.01 21.72 73.55 1,386.48 Cr
Promoters & Holding Pattern

Promoters: Gaurang Ramanbhai Galiya, Ramanbhai Nanubhai Galiya and Sobhanaben R Galiya

Shareholding No. of Shares Holding %
Promoter Holding Pre Issue 78,95,678 99.87%
Promoter Holding Post Issue 1,07,44,478 73.40%

Strengths & Risks

Strengths
  • Strong institutional (QIB) demand — 20.3x.
  • Solid profit margin — 19.3%.
  • Strong return on equity — 50%.
Risks & Concerns

No major red flags in the available data.

Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About Riyaasat Lifestyle

Riyaasat Lifestyle is one of the leading Ethnic wear companies, where they combine traditional craftsmanship with modern design to make clothes for men and women. Along with ethnic wear, the firm also offers fusion and Indo-Western style clothes. For women: Sarees, Lehengas, Gowns, Indo-Western, Suits. For Men: Sherwani, Kurta Pyjama, Jodhpuri’s, and Koti- sets, among others, making them an all-in-one platform for any occasion while providing comfort and elegance. The firm sources raw materials, fabrics, and materials from Gujarat, Uttar Pradesh, Maharashtra, and Karnataka. The name Riyaasat reflects heritage, luxury, and cultural richness. One of the company’s strengths is designing clothes with different styles, designs, sizes, and embroidery that fit every occasion while meeting diverse customers’ preferences. As of now, the firm operates 4 stores across Ahmedabad and 1 store across Vadodara.

Objects of the Issue
Purpose Amount (Cr)
Capital expenditure towards setting-up of 4 new Stores (“Showrooms”) 12.47
Working Capital requirements 9.50
General Corporate Purpose -

Resources & Documents

Company Contact Information

Riyaasat Lifestyle Ltd., 01/GF, ‘Time Square’, B/S. ‘Pariseema, C.G. Road,, Ahmedabad, Gujarat, 380009

Riyaasat Lifestyle IPO — Quick Take

Riyaasat Lifestyle has set a price band of Rs 102–Rs 108 per share for an issue size of Rs 31 crore. The stock listed with a 21.48% discount versus its issue price on July 01, 2026.

Riyaasat Lifestyle is one of the leading Ethnic wear companies, where they combine traditional craftsmanship with modern design to make clothes for men and women. Along with ethnic wear, the firm also offers fusion and Indo-Western style clothes.

The issue is promoted by Gaurang Ramanbhai Galiya, Ramanbhai Nanubhai Galiya and Sobhanaben R Galiya with Mark Corporate Advisors Pvt.Ltd. acting as lead manager. Net proceeds will primarily be used towards Capital expenditure towards setting-up of 4 new Stores (“Showrooms”) (Rs 12 crore) and Working Capital requirements (Rs 10 crore).

Current grey market activity shows a flat premium, indicating muted unofficial demand. Final subscription data records overall subscription at 1.31x, retail at 0.44x, QIB at 20.33x, NII at 0.21x.

On fundamentals, the company is posting revenue growth of 7.9%, a profit margin of 19.3%, return on equity of 50.3% in its most recent reported period. Listed peers in this segment include Bizotic Commercial Limited (P/E 213.39x) and Vedant Fashions Limited (P/E 28.01x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.

Our data-driven engine currently flags this issue as an Avoid view — key indicators are weak enough that the risk-reward looks unfavourable for now. Past performance does not predict future returns — review the price chart and peer comparison below before trading.

Frequently Asked Questions

The price band of Riyaasat Lifestyle IPO is Rs 102 to Rs 108 per share. Face value is Rs 10 per share.

The total issue size of Riyaasat Lifestyle IPO is Rs 31 crore, comprising fresh issue of Rs 31 crore.

Retail investors must apply for a minimum of 1 lot of 2400 shares, requiring an investment of Rs 2,59,200.

Riyaasat Lifestyle IPO opens for subscription on June 18, 2026 and closes on June 25, 2026.

The expected allotment date for Riyaasat Lifestyle IPO is June 29, 2026. Refunds for unsuccessful applicants are expected on June 30, 2026.

Riyaasat Lifestyle IPO is scheduled to list on July 01, 2026 on BSE. BSE script code: 544804, ISIN: INE0KYI01012.

The current GMP (Grey Market Premium) of Riyaasat Lifestyle IPO is +Rs 0 (+0.0% over issue price). GMP is an unofficial grey market indicator and may change through the subscription window. See the GMP chart on this page for the full trend.

Riyaasat Lifestyle IPO is currently subscribed 1.31 times overall — retail at 0.44x, QIB at 20.33x, NII at 0.21x. Live subscription data updates multiple times per day on open-issue days.

Based on the current retail subscription of 0.44x for Riyaasat Lifestyle IPO, the estimated retail allotment probability is approximately 100.0%. This is a high probability of allotment.

The registrar for Riyaasat Lifestyle IPO is Skyline Financial Services Pvt.Ltd. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Riyaasat Lifestyle IPO are Mark Corporate Advisors Pvt.Ltd..

The promoter(s) of Riyaasat Lifestyle are Gaurang Ramanbhai Galiya, Ramanbhai Nanubhai Galiya and Sobhanaben R Galiya.

Riyaasat Lifestyle IPO GMP — What It Means

The latest grey market premium for Riyaasat Lifestyle IPO is ₹0 (+0.0%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Riyaasat Lifestyle it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.

See the full Riyaasat Lifestyle GMP history and trend, or learn how grey market premium works and how reliable it is.

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