Riyaasat Lifestyle IPO

Riyaasat Lifestyle IPO Details

The Riyaasat Lifestyle IPO is 100% book-built and consists of a total of ₹30.77 crore and the complete fresh issue of 28.48 lakh equity shares at a face value of ₹10 per share. The DRHP filing was made by the company with the Exchange on July 14, 2025.

The range of the IPO issue is ₹102 to ₹108 per share with a lot size of 1,200 shares. The minimum investment amount needed by an individual investor is ₹2,59,200 (2,400 shares). The period of subscription is from June 18 to 22, 2026, on BSE SME, and the tentative listing date is June 25, 2026. The book-running lead manager of the issue is Mark Corporate Advisors Private Limited, and the registrar to the offer is Skyline Financial Services Private Limited.

Riyaasat Lifestyle IPO Date & Timeline

The Riyaasat Lifestyle IPO is officially set to open for subscription on Jun 18, 2026 and will close on Jun 22, 2026. The company initially filed its Draft Red Herring Prospectus (DRHP) on July 14, 2025 and has now finalised its schedule following SEBI approval. Once the subscription window allotment is expected on Jun 23, 2026, following this, the company will initiate refunds and credit shares to successful investors' demat accounts on Jun 24, 2026. Finally, the Riyaasat Lifestyle Ltd.'s shares are tentatively scheduled to list on the stock exchanges on Jun 25, 2026.

Riyaasat Lifestyle IPO GMP (Grey Market Premium)

“Grey Market Premium” or GMP is defined as the rate at which the IPO's shares are traded in the market before they are officially listed on the stock exchange.

The Riyaasat Lifestyle IPO GMP is currently trading at ₹0, reflecting the sentiment of unofficial investors before the official listing. This premium suggests a potential listing price of ₹99.00, which is 0.00% above the issue price. While the Grey Market Premium is a key indicator of demand and investor appetite, it is important to remember that GMP is highly volatile and should not be the sole factor in your investment decisions.

Company Background

Riyaasat Lifestyle Ltd. was registered on October 23, 2021, and evolved into becoming a niche brand in the Indian Ethnic Wear industry. Established with the objective of integrating the artistry of traditional Indian quality with fashion trends, the business is located in Ahmedabad, Gujarat, which is a region known for its strong culture of textiles. Initially, the firm catered to the production of quality traditional wear before diversifying into elegant outfits that could be worn at modern occasions. Today, its business is fully focused on designing, retailing, and selling premium ethnic apparel directly to consumers.

Operations & Product Range

Riyaasat Lifestyle Ltd. runs an integrated retail business that specialises in offering high-end ethnic and occasional wear for men and women. In the female segment, there are sarees, lehengas, gowns, suits, and Indo-western dresses. In the male category, they sell sherwanis, kurta pyjama and Jodhpuri suits. One of the unique strengths of the organisation is their customisation services, whereby they help the customer tailor their own ethnic dresses according to their liking by using their own measurement specifications. The company primarily targets individuals and families shopping for weddings, festivals, and other major cultural celebrations.

Facilities & Capacity

Riyaasat Lifestyle Ltd. follows an integrated retail model focused on premium ethnic and occasion wear for men and women. Its product range includes sarees, lehengas, gowns, suits, and Indo-Western outfits for women, along with sherwanis, kurta pyjamas, and Jodhpuri suits for men. A key feature of its business is the ability to offer customised ethnic wear tailored to customers’ measurements, style preferences, and embroidery requirements. The company mainly serves individuals and families looking for attire for weddings, festivals, and other cultural celebrations.

Brands & Market Presence

Riyaasat Lifestyle Ltd. offers all its apparel under its core brand offering that appeals to consumers who have an affinity for luxury and ethnic apparel. The company's presence is largely concentrated within its domestic market, where it dominates the western parts of India, including Gujarat. Instead of focusing on exports and large volumes of sales, the company focuses more on its retail chain as being the most favoured place where people buy their clothes for wedding occasions, celebrations, and other social events.

Revenue Streams & Business Model

Riyaasat Lifestyle Ltd. primarily earns income from selling its readymade as well as custom-made ethnic garments directly to customers. Due to its direct-to-consumer model, the company ensures high-profit margins without using complicated intermediaries and controls its customer base effectively. Over the years, the company's earnings have been steadily rising with an increase from ₹20.94 crore in FY23 to ₹23.34 crore in FY24 and ₹25.19 crore in FY25.

Management & Shareholding

The company Riyaasat Lifestyle Ltd. is headed by its founding promoters, including Gaurang Ramanbhai Galiya, Ramanbhai Nanubhai Galiya, and Sobhanaben R Galiya, who direct the overall strategy of the firm. Before the IPO, the promoters held 99.74% equity shares in the business. This large ownership percentage of the business will be diluted proportionately after the issuance of shares to the public.

Board & Key Management

Riyaasat Lifestyle Ltd. has an efficient management team that consists of seasoned leaders who run the affairs of the company in collaboration. Gaurang Ramanbhai Galiya is the chairman of Riyaasat Lifestyle Ltd. and takes charge of the overall direction of the company. On the other hand, the managing director, Ramanbhai Nanubhai Galiya, along with the whole-time director, Sobhanaben R Galiya, takes charge of the company’s day-to-day activities.