Riyaasat Lifestyle SME IPO
Riyaasat Lifestyle IPO — date, price band, GMP & allotment 2026
Riyaasat Lifestyle IPO was open for subscription from 18 June 2026 to 25 June 2026. Incorporated in 2021, Riyaasat Lifestyle Limited is engaged in the design, manufacturing, trading and retailing of Indian ethnic wear. The company follows a business model focused on offering traditional and contemporary ethnic apparel for men, women and children through wholesale and retail channels. Based in Ahmedabad, it has established its presence in the growing ethnic fashion and lifestyle segment across India.
Stock price
Riyaasat Lifestyle is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 17 September.
- Open 18 Jun 2026
- Close 25 Jun 2026
- Allotment 29 Jun 2026
- Refund/credit 30 Jun 2026
- Listing 01 Jul 2026
Issue summary
The terms of the offer, as filed.
| IPO Dates | 18 to 25 Jun, 2026 |
|---|---|
| Price Band | ₹100 – ₹106 |
| Face Value | ₹10 |
| Lot Size | 1200 Shares |
| Issue Size | ₹30.19 Cr |
| Sale Type | Fresh capital only |
| Listing On | BSE SME |
| Registrar | Skyline Financial Services Private Limited |
| Min Investment | ₹ 2,54,400 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 1200 shares at the ₹106 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 2 | 2,400 | ₹2,54,400 |
| Retail (max) | 2 | 2,400 | ₹2,54,400 |
| HNI (min) | 3 | 3,600 | ₹3,81,600 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 5
- 01Operates in the fast-growing Indian ethnic wear and fashion segment.
- 02Diverse product portfolio caters to men, women and children.
- 03Integrated model of manufacturing, trading and retailing supports operational flexibility.
- 04Focus on traditional and fusion wear helps address changing fashion trends.
- 05Asset-light expansion opportunities through distribution and retail channels.
Risks · 5
- 01Highly competitive apparel industry may affect market share and profitability.
- 02Changes in consumer fashion preferences can impact product demand.
- 03Dependence on discretionary consumer spending exposes the business to economic slowdowns.
- 04Fluctuations in raw material and fabric prices may affect margins.
- 05Limited operating history compared to established apparel brands.
Three years of numbers
All figures in ₹ crore, as reported in the Riyaasat Lifestyle offer document.
| Metric | 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 |
See how this IPO compares — view listing performance of all SME IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Riyaasat Lifestyle RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Riyaasat Lifestyle IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Post-Issue |
|---|---|
| EPS (₹) | ₹4.79 |
| P/E Ratio (x) | 22.12 |
| Market Cap at Offer Price (₹ Cr) | ₹94.94 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹106 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹30.20 Cr of the issue is earmarked to named objects.
About the company
The company offers a wide range of products including sherwanis, kurta sets, jodhpuris, koti sets, sarees, lehengas, gowns and other ethnic garments for men, women and children. Its business model combines manufacturing, trading and retail sales, enabling it to serve customers across multiple price segments while benefiting from India's growing demand for ethnic and occasion wear.
Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.
+918866115025
The bankers & the filings
Who is running the book, and the documents this page is built from.
Company contact
Frequently asked
What is the GMP of Riyaasat Lifestyle?
The current Grey Market Premium is ₹0.
What is the Riyaasat Lifestyle IPO price band?
₹100 to ₹106, on a face value of ₹10.
When is the allotment?
The basis of allotment is 29 June 2026, with listing on 1 July 2026.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — Skyline Financial Services Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
