Incorporated in 2021, Riyaasat Lifestyle Ltd. is a premium ethnic wear brand catering to both men and women through a combination of exclusive retail stores and online channels. The company offers a wide range of traditional and occasion-based apparel, including kurtas, sherwanis, Jodhpuri suits, lehengas, gowns, and other ethnic fashion wear, designed to blend cultural elegance with contemporary style.
The company launched its first Exclusive Brand Outlet (EBO) in Ahmedabad in 2021 and has steadily expanded its retail footprint. As of March 31, 2026, Riyaasat operated 6 Exclusive Brand Outlets across Gujarat and Maharashtra, with stores strategically located to deliver a premium shopping experience and strengthen brand visibility. Alongside its physical presence, the company reaches customers through its own e-commerce platform and leading online fashion marketplaces.
Workforce
Riyaasat focuses on customization, quality craftsmanship, and customer-centric designs, enabling it to cater to wedding, festive, and special-occasion wear segments. Its products are crafted using carefully selected fabrics and detailed workmanship to offer both comfort and style. As of January 31, 2026, the company had a workforce of approximately 177 employees across retail operations, design, administration, and support functions.
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 5% | 1,42,440 crores |
| Non-Institutional Investors (NIIs) | 35% | 9,97,080 crores |
| Retail Individual Investors (RIIs) | 60% | 17,09,280 crores |
Riyaasat Lifestyle’s total income 2,518.82 by 251882.00% and total expenses 1,838.21 by 183821.00%, resulting in an EBITDA 680.61 by 68061.00% and a profit after tax (PAT) 486.64 by 48664.00% between March 31, 2025 and March 31, 2026.
Strong positioning in the premium ethnic wear segment with a focus on wedding and festive collections.
Customization capabilities that allow customers to personalize outfits according to their preferences.
Growing network of Exclusive Brand Outlets across key markets in Gujarat and Maharashtra.
Multi-channel presence through physical stores company website and online fashion platforms.
Focus on quality craftsmanship contemporary designs and customer experience backed by an experienced management team.
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 23 Jun '26 | -- | 24 Jun '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 28,48,800 shares (aggregating up to ₹2,59,200 crores) |
| Fresh Issue | 2,70,240 shares (aggregating up to ₹27,02,400 crores) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Book building |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 99.87 shares |
| Post-Issue Shareholding | 0 shares |
| Minimum Lot Size | 1,200 shares |
| Maximum Lot Size (Retail) | 3,600 shares |
The lot size of Riyaasat Lifestyle ipo has been designed to ensure broad participation while maintaining optimal price discovery.
01/ G F ' Time Square' B/ S ' Pariseema' Ahmedabad
Skyline Financial Services Pvt.Ltd.
| Book Running Lead Manager(s) |
|---|
| Mark Corporate Advisors Pvt Ltd |