
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
Overall Subscription
1.38x
Total Demand
QIB Multiplier
20.33x
Institutions & Funds
NII / HNI
0.24x
High Net-Worth
Retail (RII)
0.44x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 136,800 | 2,781,600 | 20.33x |
| NIB | 964,800 | 229,200 | 0.24x |
| HNIs(10L +) | 643,200 | 178,800 | 0.28x |
| HNIs (2-10L) | 321,600 | 50,400 | 0.16x |
| RETAIL | 1,600,800 | 708,000 | 0.44x |
| Total | 3,667,200 | 3,948,000 | 1.38x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 7 | 0.00x |
| NIB | — | 16 | 0.00x |
| RETAIL | 667 | 295 | 0.44x |
| EMPLOYEES | — | — | 0.00x |
| HNIs(10L +) | 179 | 3 | 0.02x |
| HNIs (2-10L) | 89 | 13 | 0.15x |
| Shareholder | — | — | 0.00x |
| Total Applications | 935 | 334 | 0.36x |
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.
The Riyaasat Lifestyle Limited IPO aggregate issue size is ₹28,48,800 Crores with an equity price band set at ₹100 to ₹106 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,27,200.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2026-06-29.