
Consumer Discretionary · BSE
Founded in October 2021, Riyaasat Lifestyle Limited offers ethnic wear for both men and women, including kurtas, pyjamas, sherwanis, jodhpuri outfits, lehengas, and gowns, designed with a focus on style, comfort, and durability. The company opened its first exclusive brand outlet (EBO) in Ahmedabad in October 2021 and has since expanded to 5 stores across Gujarat as of March 31, 2025, providing a premium and personalized shopping experience. It also sells its products through its official website and online platforms like Pernia’s Pop-up, helping it reach a wider customer base.
Price Band
₹100 – ₹106
Issue Size
₹284.88 L Cr
Lot Size
1200 shares
GMP
Est. Listing
₹106
at current GMP
Subscribed
1.38x
overall
Open
18 Jun 2026
Close
25 Jun 2026
Allotment
29 Jun 2026
Refund
30 Jun 2026
Demat Credit
1 Jul 2026
Listing
1 Jul 2026
Designated Registrar: Skyline Financial Services Private Limited
Allotment Date
29 Jun 2026
Basis finalization
Refunds Initiate
30 Jun 2026
Mandate release
Demat Credit
1 Jul 2026
Shares in demat
Listing Debut
1 Jul 2026
Trading begins
Riyaasat Lifestyle Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹28,48,800 Crores. The shares are offered at a price band of ₹100 to ₹106 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-06-25, the basis of allotment is scheduled to be finalized on 2026-06-29. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.