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Riyaasat Lifestyle Ltd.

SME
ListedListed on 1 Jul 2026-20.0%

Price Range

₹100–106

Issue Size

₹ 30 Cr

Lot Size

2400 Shares

Min. Investment

₹ 2,40,000

Financial Summary

(in crores)
ParticularsFY 2024-25FY 2023-24
Operating Revenue2,480.462,287.52
Other Income38.3646.91
Total Income2,518.822,334.43
Total Expenses1,838.211,752.51
Profit Before Tax587.69505.01
Total Profit486.64408.47

Subscription Details

1.31xTotal
Subscription
Retail
0.44x
NII - Small
0.00x
NII - Big
0.00x
QIB
20.33x
Employees
0.00x

IPO Timeline

IPO Offer Start

18 Jun 2026

IPO Offer Ends

25 Jun 2026

Listing Date

1 Jul 2026

Use of Proceeds

#PurposeAmount (₹ Cr)
1Working Capital requirements95
2General Corporate Purpose40.273

Promoters

Sobhanaben R Galiya

Promoter Shareholding

Pre-IPO

99.87%

Promoter stake

Post-IPO

73.39%

Promoter stake

Offered to Public

28,48,800

shares

Post Share Capital

78,85,428

shares

About the Company

We maintain our presence at high street fashion in both offline and online mode of selling. Presently, our exclusive Stores (“Showrooms’) are strategically located in Ahmedabad and Vadodara, with four such Stores across Ahmedabad and one in Vadodara. For further details on our property, kindly refer the chapter “Our Business” Property section below on page 137. Apart from the existing showrooms, we have also entered into an agreement with PSL Retail Limited on January 31, 2025 for sale through PSL sales channel. i.e online sale on their website at www.perniaspopupshop.com and a retail store(s) called “Pernia’s Pop Up Studio” which is shown under the name of “Pernia’s Pop Up Show” (reference to PSL Limited will be referred as “Pernia’s Pop Up” in this Draft Red Herring Prospectus). This arrangement bolster our presence online as well as at multiband stores. This allows us to deliver the luxury styles that our discerning customers seek. We are committed to expanding our reach throughout India, with the aim of providing the finest and most stylish Indian ethnic wear. Our collections are designed to celebrate and resonate with the rich tapestry of Indian culture.

Use of Proceeds

1. Capital expenditure towards setting-up of 4 new Stores (“Showrooms”) 2. Working Capital requirements 3. General Corporate Purpose