How to Check Riyaasat Lifestyle IPO Allotment Status

Incorporated in October 2021, Riyaasat Lifestyle Limited offers ethnic wear for Men and Women. The brand offers a collection of Kurta, Payjama, Sherwani, Jodhpuri, Lehanga, and Gown, each designed to embody fun and fashion. Every piece is made with fine materials for comfort and durability.

The company launched its first EBO in Ahmedabad on October 23, 2021. As of March 31, 2026, the company operates 6 EBOs across Gujarat and Maharashtra, with stores ranging from 1,790 to 9,419 sq. ft. The company also sells its products through its website and through online marketplaces including Pernia's Pop-up. As of January 31, 2026, the company had a team of approximately 177 employees.

Riyaasat Lifestyle IPO is a book build issue of ₹30.77 crore, entirely comprising a fresh issue of 0.28 crore shares aggregating to ₹30.77 crore. The IPO opened on June 18, 2026, and closed on June 22, 2026. The allotment is expected on Tuesday, June 23, 2026. The share price band was set at ₹102 to ₹108 per share.

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Steps to Check Riyaasat Lifestyle IPO Allotment Status on Registrar Site

• Visit the Skyline Financial Services Pvt. Ltd.
• Select "Riyaasat Lifestyle" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Riyaasat Lifestyle IPO Allotment Status on BSE

• Navigate to the BSE SME IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Riyaasat Lifestyle" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Riyaasat Lifestyle IPO subscribed 0.13 times overall. Here is the category-wise breakdown as of 5:04:43 PM on June 22, 2026:

Riyaasat Lifestyle IPO Subscription Status

• QIB Category (Ex Anchor): 1.01 times
• Non-Institutional Investors (NII): 0.03 times
• Individual Investors: 0.12 times

Riyaasat Lifestyle IPO Share Price and Investment Details

The minimum investment required was ₹2,59,200 for 2 lots (2,400 shares) for individual investors. The issue includes a reservation of up to 1,46,400 shares for the market maker, Nikunj Stock Brokers Ltd. Given the overall subscription of 0.13 times with modest institutional interest at 1.01 times, very weak NII participation at 0.03 times, and very weak individual investor subscription at 0.12 times, the share price listing expectations remain highly cautious.

Utilisation of IPO Proceeds

The proceeds will be utilised for capital expenditure towards setting up of 4 new stores/showrooms (₹12.47 crore), working capital requirements (₹9.50 crore), and general corporate purposes.

Business Overview

Riyaasat Lifestyle Limited is an ethnic wear company currently operating in Gujarat and Maharashtra. It has planned four additional new stores from IPO funding. The company marked growth in its top and bottom lines for the reported periods. The sudden boost in its bottom lines from FY24 onwards raises eyebrows. Higher debt and trade receivables as of January 31, 2026 raise alarm.

The company demonstrated financial performance with total income of ₹25.19 crore for FY2025 and a net worth of ₹17.39 crore as of January 31, 2026. The company benefits from customisation enabling customers to personalise their clothing, timeless tradition with ever-evolving style, quality style at affordable prices, an inspiring and seamless shopping experience, prominent reputation for men's ethnic wear, strategic locations and a well-equipped workshop, and a commitment to quality. However, investors should note the post-issue P/E ratio of 22.53 and Price to Book Value of 6.51.

Check the latest IPO allotment status to stay informed.