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InvestmentsIPORiyaasat Lifestyle IPO

Riyaasat Lifestyle IPO

SME

Open Date

18 Jun 2026

Close Date

22 Jun 2026

Min Investment

₹ 2,59,200

Lot Size

1,200

Issue Size

₹ 30.77 Cr

Price Range

₹ 102 - ₹ 108

Subscribed

0.12 x
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status

IPO Open Now.

IPO Timeline
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IPO Offer Start
18 Jun 2026
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IPO Offer Ends
22 Jun 2026
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Allotment Finalisation
23 Jun 2026
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Refund Initialisation
24 Jun 2026
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Non-Institutional Buyers (sHNI)
24 Jun 2026
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Listing of Shares
25 Jun 2026
IPO Subscription Details as on 19 Jun 2026, 07:15 AM
Qualified Instituational Buyers (QiB)
1.01 x
Retail
0.01 x
Total
0.12 x
Non-Institutional Buyer (bHNI)
0.23 x
Non-Institutional Buyer (sHNI)
0.01 x
Note: This information is provided for general guidance only. Dates may be subject to change.
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About the Company
The company is an ethnic wear company that blends traditional craftsmanship with contemporary design for men's and women's collections. The company offers customization services where sizes, styles, designs, and embroidery can be tailored to customer preferences, serving as a one-stop destination for family attire including matching outfits for all members. The company operates through both offline and online channels, with exclusive stores strategically located in Ahmedabad and Vadodara, and maintains a well-equipped workshop facility with automated and semi-automated equipment. The company sources raw materials from suppliers across Gujarat, Uttar Pradesh, Maharashtra, and Karnataka, offering a wide range of Indian ethnic wear including fusion and Indo-Western styles.
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Founded In

2021

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CEO

Ramanbhai Nanubhai Galiya

Financials of Riyaasat Lifestyle IPO

Income Statement
Balance Sheet
Cash Flows
Total Income
Total Expenses
Total Profit
Key Performance IndicatorsMar 2024Mar 2025Jan 2026
Operating Revenue22.8824.8027.87
Other Income0.470.380.26
Total Income
23.3425.1928.13
Total Expenses
18.2919.3122.98
Profit Before Tax5.055.885.15
Total Profit
4.084.874.29

All figures are in crores (₹)

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Utilisation of Proceeds

All figures are in crores (₹)

PurposeAmount
The company plans to expand its market presence by opening four new showrooms across tier I and tier II cities in India including Mumbai, Surat, Hyderabad, and Bengaluru. The funds will be utilized for fit-out costs, security deposits, and establishment of retail outlets to achieve better market share gains, increased brand recognition, and economies of scale.12
The company intends to meet working capital requirements to finance day-to-day operations, enhance liquidity, and ensure smooth functioning of business activities. The funds will support maintaining sufficient inventory at proposed stores, managing operational costs effectively, and supporting the company's growth plans.10
The company's management will have flexibility to utilize proceeds for general corporate purposes including meeting operating expenses, covering initial development costs for projects, strengthening business development and marketing capabilities, addressing unforeseen exigencies in ordinary course of business, or other purposes approved by the Board of Directors.-
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  • Customization: The company offers extensive customization allowing customers to personalize clothing beyond sizes, including styles, designs, and embroidery for unique preferences and special occasions, extending to coordinated family outfits.
  • Timeless Tradition, Ever-Evolving Style: The company embraces traditional beauty while continuously evolving designs to keep pace with modern fashion trends, introducing new seasonal collections that blend classic elegance with contemporary flair.
  • Quality Style at Affordable Price: The company delivers exceptional quality and style at affordable prices, offering finest fabrics, intricate details, and contemporary styles while ensuring premium ethnic fashion remains accessible and budget-friendly.
  • Inspiring and Seamless Shopping Experience: The company provides customer-centric approach with inspiring shopping experience from discovery to delivery, maintaining strategic presence with four showrooms in Ahmedabad, one in Vadodara, and equipped workshop in Mumbai.
  • Prominent Reputation for Exquisite Men's Ethnic Wear: The company has earned prominent reputation by blending traditional craftsmanship with contemporary design, offering exclusive collections including Sherwani, Kurta Pyjama, Jodhpuri, and Indo-Western styles that embody Indian tradition.
  • Strategic Locations and Well-Equipped Workshop: The company operates showrooms across Ahmedabad, Vadodara and Mumbai offering luxurious shopping environment, with Mumbai workshop equipped with automated and semi-automated equipment ensuring high efficiency and precision.
  • Commitment to Quality: The company maintains excellence through sourcing high-quality raw materials from diverse network across Gujarat, Delhi, Uttar Pradesh, Maharashtra, West Bengal and Haryana, with stringent quality control mechanisms at every production stage.

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