Riyaasat Lifestyle IPO
Readymade Garments/ Apparells • ₹30.77 Cr
Medium risk because:
- 5 material risk factors disclosed in DRHP
- SME listing with thinner post-listing liquidity
- The company’s revenue is significantly dependent on a few product categories. Its top four…
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹106
Lot Size
1200 shares
Issue Size
₹30.77 Cr
Open
18 Jun 2026
Close
25 Jun 2026
Subscription
1.30×
IPO Schedule
| Issue Open Date | 18 Jun 2026 |
| Issue Close Date | 25 Jun 2026 |
| Listing Date | 30 Jun 2026 |
About Riyaasat Lifestyle
Riyaasat Lifestyle Limited is engaged in the design, manufacturing, trading, and retail sale of Indian ethnic wear for men, women, and children. The company offers a range of ethnic, fusion, and Indo-Western apparel, including sherwanis, kurta sets, jodhpuris, koti sets, sarees, lehengas, gowns, suits, and other traditional wear products. It also provides customisation options for garment size, design, style, and embroidery based on customer requirements. The company sells its products through a network of exclusive brand outlets, distributors, key accounts, online marketplaces, and its own website. As of January 31, 2026, it operated six exclusive brand outlets across Ahmedabad, Vadodara, and Mumbai. Riyaasat Lifestyle sources fabrics and other materials from suppliers located across Gujarat, Uttar Pradesh, Maharashtra, and Karnataka, while its workshop facility is equipped with automated and semi-automated machinery for garment production and customisation.
Company Details
Founders / Promoters
Mr Gaurang Ramanbhai Galiya
Founded
2021
Registrar
Skyline Financial Services Pvt
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Investment Analysis
Riyaasat Lifestyle — IPOFins Verdict
QuantitativeDriven by QIB demand at 20.3x and moderate disclosed risk (6/10), Riyaasat Lifestyle listed at a discount of 20.0% to its issue price. SME listings are also thinner and more volatile after listing. The picture is mixed — treat this as one input alongside the DRHP, valuation, and your own risk appetite.
- The company offers customisation beyond standard size alterations, allowing customers to modify garment styles, designs, and embroidery based on their preferences. It also provides coordinated outfits
- Riyaasat Lifestyle operates through a combination of manufacturing, trading, and retailing activities. The company generated manufacturing revenue of Rs 7.13 crore and trading revenue of Rs 20.74 cror
- As of January 31, 2026, the company operated six exclusive brand outlets across Ahmedabad, Vadodara, and Mumbai. Its retail footprint includes a company-owned showroom in Santacruz, Mumbai, alongside
- The company claims to have a workshop equipped with automated and semi-automated machinery that supports garment production and customisation. According to the prospectus, the facility is designed to
- The company sources fabrics and other materials from a broad supplier network spread across Gujarat, Uttar Pradesh, Maharashtra, Karnataka, Delhi, West Bengal, and Haryana. This sourcing network inclu
Score breakdown — what drove this verdict
Moderate risk from DRHP → score -0.4
Institutional subscription → score +2.0
Actual listing outcome → score −1.5
SME IPOs have lower liquidity after listing → score −0.5
Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →
IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.
Listing Performance
Issue Price
₹106
Listing Price
₹84.8
Listing Gain/Loss
-20.00%
Listing Date
30 Jun 2026
Price Since Listing
Returns are measured against the ₹106 issue price.
Listing
₹84.8
-20.0%
1 Week
₹69.2
-34.7%
1 Month
₹60
-43.4%
Current
₹60
-43.4%
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FAQ
What is the price band of Riyaasat Lifestyle IPO?
The price band is ₹106 per share with a lot size of 1200 shares. Minimum investment: ₹1,27,200.
What does Riyaasat Lifestyle do?
Riyaasat Lifestyle Limited is engaged in the design, manufacturing, trading, and retail sale of Indian ethnic wear for men, women, and children. The company offers a range of ethnic, fusion, and Indo-Western apparel, including sherwanis, kurta sets, jodhpuris, koti sets, sarees, lehengas, gowns, suits, and other traditional wear products. It also provides customisation options for garment size, design, style, and embroidery based on customer requirements. The company sells its products through a network of exclusive brand outlets, distributors, key accounts, online marketplaces, and its own website. As of January 31, 2026, it operated six exclusive brand outlets across Ahmedabad, Vadodara, and Mumbai. Riyaasat Lifestyle sources fabrics and other materials from suppliers located across Gujarat, Uttar Pradesh, Maharashtra, and Karnataka, while its workshop facility is equipped with automated and semi-automated machinery for garment production and customisation.
Should I apply for Riyaasat Lifestyle IPO?
Riyaasat Lifestyle listed at ₹84.8 (-20.0% discount to the ₹106 issue price) after 1.3x subscription. IPOFins Score 5/10: Driven by QIB demand at 20.3x and moderate disclosed risk (6/10), Riyaasat Lifestyle listed at a discount of 20.0% to its issue price. SME listings are also thinner and more volatile after listing. The picture is mixed — treat this as one input alongside the DRHP, valuation, and your own risk appetite.
Who founded Riyaasat Lifestyle?
Riyaasat Lifestyle was founded by Mr Gaurang Ramanbhai Galiya in 2021.