Riyaasat Lifestyle Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Riyaasat Lifestyle Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹106
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,27,200
Issue Size
₹30.2 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
59.24%
QIB Quota
5.06%
NII Quota
35.7%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Riyaasat Lifestyle Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
99.87%
Promoter Holding (Post-Issue)
73.4%
Issue Type
Book Building - SME
ISIN
INE0KYI01012
About the Company
We are an ethnic wear Company. We blend traditional craftsmanship with contemporary design for both men's and women's collections. One of our unique advantages lies in customization where not just sizes, but style, design, and embroidery can be tailored to each customer's preference, ensuring a perfect fit for every occasion. We are a one-stop destination for family attire, embracing the latest trend of matching outfits for all members. As trendsetters, we craft clothing that resonates with our customers' desires and exceeds their expectations. Every piece in our collection is meticulously crafted from the finest fabrics, ensuring a perfect balance of comfort and elegance. Our dedication to quality and precision has made our Company a favoured choice for those who seek to make a distinctive style statement. True to our name, `Riyaasat' embodies heritage, luxury, and cultural richness, aligning with our vision of delivering grandeur and exclusivity to our discerning clientele.
Industry Overview
The Indian Ethnic Wear Market size valued at approximately USD 197.2 billion in 2024 and is expected to reach USD 558.5 billion by 2033, growing at a compound annual growth rate (CAGR) of about 12.6% from 2024 to 2033. The Indian ethnic wear marketplace is a vibrant and diverse section of the style enterprise, deeply rooted within the country's rich cultural history. It incorporates a wide array of traditional garments inclusive of sarees, salwar kameez, lehengas, sherwanis, and kurta-pajamas, reflecting India's nearby and cultural range. The marketplace is driven via elements inclusive of cultural festivals, weddings, and a developing choice for conventional apparel among more youthful generations. Increasing disposable earning and the effect of Bollywood further raise its enchantment. Currenlty, designers are incorporating cutting-edge traits even as keeping conventional craftsmanship, attractive to both domestic and international purchasers. The rise of e-trade systems has also accelerated the reach of ethnic put on, making it handy to a international audience. Additionally, sustainable fashion developments are encouraging the usage of organic fabric and handloom merchandise, enhancing the marketplace's green appeal.
Company History
Our Company was originally incorporated as "Company Limited by Shares" under the name "Riyaasat Lifestyle Limited, under the provisions of the Companies Act, 2013 and the Certificate of Incorporation was issued by Registrar of Companies, Central Registration Center, on October 23, 2021, vide certificate of incorporation bearing CIN U18100GJ2021PLC126637 issue by Central Registration Centre.
Growth Strategy
- Growth Strategy: Expanding Footprint and Enhancing Physical Presence.
- Wholesale Supply Expansion.
- Expanding our horizon of women's wear and accessories
- Strengthening E-commerce Presence.
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY23 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Public issue of 28,48,800 equity shares of face value of Rs. 10/- each ("Equity Shares") of Riyaasat Lifestyle Limited ("Riyaasat" or the "Company" or the "Issuer") for cash at a price of Rs. 106 per equity share including a share premium of Rs. 96 per equity share (the "Issue Price") aggregating to Rs. 30.20 Crores ("the Issue"), of which 1,46,400 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 106 per equity share including a share premium of Rs. 96 per equity share aggregating to Rs. 1.55 Crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Net issue of 27,02,400 equity shares of face value of Rs. 10/- each at a price of Rs. 106 per equity share including a share premium of Rs. 96 per equity share aggregating to Rs. 28.65 Crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constituted 26.51% and 25.15% respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 106/- per equity share of face value of Rs. 10/- each. The floor price is 10.60 times the face value of the equity shares. Bids can be made for a minimum of 2400 equity shares and in multiples of 1200 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Management expertise.
- Leveraging the experience of our Promoters.
- Cordial relations with our customers.
- Cordial relations with our Employees and Professionals
- Our business primarily focuses on designing men's ethnic wear, making us more susceptible to shifts in demand and changes in consumer preferences. Any significant changes in market trends or customer behavior could affect our business, operational results, and financial condition.
- We design and manufacture ethnic wear in-house. However, in our production process, we engage third-party workers ("daily job workers") as and when need arises without entering into any exclusivity arrangements. Any inability to engage daily job workers or reduction in efficiency, quality or discontinuation on shorter notice of these daily workers, could adversely impact our business, cash flows, results of operations, and financial condition.
- Our operations rely on third-party product providers and other vendors for manufacturing of our products. Any negligence in product or services provided by them, increase in costs of their product or services or failure to maintain strong relationships with them could disrupt our operations which ultimately could adversely affect the quality of our products, pricing, results of operations and financial condition. Further, we do not have long-term agreements with any of our product suppliers and other venders.
- Our success is largely based on our strong presence and understanding of consumer preferences in the western region in India. As we expand into new regions, failure to replicate the same level of success due to differing tastes, demand, or other factors could adversely affect our brand goodwill and financial performance.
- Our brand, "Riyaasat," plays a critical role in our market positioning, and any adverse impact on its value could affect our collaborations with multi-brand stores and future growth prospects.