Login
Research AI
Scans
Tools
Login
Home
Charts
Search
Watchlist
Products
All IPOs

Riyaasat Lifestyle Ltd

Readymade Garments/ ApparellsIPOSME
₹106 - 106
₹106 - 106

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.

Lot1,200Min Invest₹2,54,400Face Value₹10Issue Size₹30 CrFresh Issue₹30 CrListing Price₹85CMP₹98

Timeline

18 Jun
Bidding opens
25 Jun
Bidding closes
29 Jun
Allotment
30 Jun
Refund & demat credit
1 Jul
Listing

Subscription

Subscription opens once dates are announced

Reports

Offer Details

Terms

Issue Size₹30 Cr0.28 Cr shares
Fresh Issue₹30 Cr
Face Value₹10
Lot Size1,200 shares
ReservationQIB 5.06% · NII 35.7% · RETAIL 59.24%

Application Sizes

Retail₹2,54,4001-1 lots
sNII₹2,54,400from 2 lots
bNII₹10,17,600from 8 lots

Managers & Registrar

Lead ManagerMark Corporate Advisors Private Limited
RegistrarSkyline Financial Services Pvt

Ownership & Proceeds

Shareholding

CategoryPre IPOPost IPOPromoter Group99.87%73.4%Public0.13%26.6%

Objects of the Issue

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

Anchor Book

30-day lock-in28-Jul-202690-day lock-in26-Sep-2026

Financials

Profit & Loss

Financial YearFY22FY23FY24FY25FY26
RevenueCr421232533
Operating ProfitCr025610
OPM%2.68.623.425.930.5
PBTCr02566
PATCr01455
EPS22567

Balance Sheet

Financial YearFY22FY23FY24FY25FY26
Equity CapitalCr01188
ReservesCr015510
BorrowingsCr015941
Total AssetsCr29183481

Cash Flow

Financial YearFY22FY23FY24FY25FY26
Operating Cash FlowCr0-1-31-3
Investing Cash FlowCr000-7-27
Financing Cash FlowCr023529
Net Cash FlowCr00000

Strengths & Risks

Strengths · as stated in the DRHP
  • Management expertise.
  • Leveraging the experience of our Promoters.
  • Cordial relations with our customers.
  • Cordial relations with our Employees and Professionals
Strategies · as stated in the DRHP
  • Growth Strategy: Expanding Footprint and Enhancing Physical Presence.
  • Wholesale Supply Expansion.
  • Expanding our horizon of women's wear and accessories
  • Strengthening E-commerce Presence.
Risks · as stated in the DRHP
  • 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.
  • There have been instances of delayed filings in the past with certain Regulatory Authorities. If the Regulatory Authorities impose any monitory penalties on us or take any punitive actions against our Company in relation to the same, our business, financial condition and results of operations could be adversely affected.
Show all 53 risks