रियासत लाईफस्टाईल लिस्ट ₹84.80, डाउन 20%

रियासत लाईफस्टाईल लिमिटेड, ऑक्टोबर 2021 मध्ये पुरुष आणि महिलांसाठी पारंपारिक पोशाख कंपनी म्हणून स्थापित, कुर्ता, पेजामा, शेरवानी, जोधपुरी, लेहंगा आणि गाऊनचे कलेक्शन ऑफर करते, आराम आणि टिकाऊपणासाठी फाईन साहित्यासह डिझाईन केलेले 6 विशेष ब्रँड आऊटलेट्स (ईबीओएस) गुजरात आणि महाराष्ट्रातील 1,790 ते 9,419 चौरस फूट पर्यंत www.riyaasat.in वेबसाईटद्वारे विक्रीसह प्रीमियम रिटेल अनुभव प्रदान करते आणि ऑनलाईन मार्केटप्लेसने बुधवारी, जुलै 1, 2026 रोजी बीएसई एसएमईवर कमकुवत पदार्पण केले. The Riyaasat Lifestyle share price opened at ₹84.80 representing steep discount of 20.00% from issue price of ₹106.00, stuck at lower circuit throughout the session.

Riyaasat Lifestyle Listing Details

Riyaasat Lifestyle launched its fresh issue IPO at ₹100-106 per share with minimum investment of 2,400 shares costing ₹2,54,400 raising ₹30.20 crore. The IPO was extended to 6 days (June 18-25) due to poor response, finally achieving subscription of just 1.32 times - QIB at 20.33 times saving the issue, retail severely undersubscribed at 0.44 times, NII extremely weak at 0.09 times.

फर्स्ट-डे ट्रेडिंग परफॉर्मन्स

Listing Price: Riyaasat Lifestyle stock price opened at ₹84.80 representing steep discount of 20.00% from issue price, stuck at lower circuit throughout the session with no recovery, VWAP at ₹84.80. The weak listing resulted in significant losses for IPO investors with extremely low turnover of ₹22.38 lakh, traded volume of just 0.26 lakh shares, delivery of 100%, and market capitalisation of ₹91.11 crore against pre-IPO market cap of ₹113.89 crore.

वाढीचे चालक आणि आव्हाने

ग्रोथ ड्रायव्हर्स:

Expansion Plans: IPO proceeds of ₹12.47 crore dedicated to setting up 4 new showrooms expanding retail footprint beyond current 6 stores to capture growing ethnic wear market demand.

Consistent Revenue Growth: Revenue growing from ₹20.94 crore in FY23 to ₹25.19 crore in FY25 to ₹28.13 crore for 10M FY26 with EBITDA margin of 26.13% and PAT margin of 15.40%.

आव्हाने:

Severely Undersubscribed by Retail/NII: Retail at just 0.44x and NII at 0.09x with only 322 total applications indicating extremely weak investor demand; IPO extended to 6 days due to poor response.

High Leverage: Debt/equity surged to 2.24 with total borrowings of ₹38.97 crore as of January 2026 against net worth of ₹17.39 crore, a significant increase from 0.68x in March 2025.

IPO उत्पन्नाचा वापर

Capital Expenditure: ₹12.47 crore for setting up 4 new showrooms to expand retail presence beyond current 6 EBOs.

वर्किंग कॅपिटल: वर्किंग कॅपिटलच्या आवश्यकतांसाठी ₹9.50 कोटी.

सामान्य कॉर्पोरेट उद्देश: उर्वरित रक्कम.

आर्थिक कामगिरी

Revenue: ₹28.13 crore for 10 months ended January 2026 (112% of full FY25), ₹25.19 crore for FY25, growth from ₹23.34 crore in FY24 and ₹20.94 crore in FY23.

Net Profit: ₹4.29 crore for 10 months FY26 (88% of full FY25), ₹4.87 crore in FY25, growth from ₹4.08 crore in FY24 and ₹1.32 crore in FY23, with post-IPO EPS of ₹4.79 and P/E of 22.12x. Investors tracking Riyaasat Lifestyle share price should note NII severely undersubscribed at 0.09x with only 322 applications, IPO extended to 6 days due to poor response, debt/equity surge to 2.24 from 0.68 within 10 months, and 20% listing day loss at lower circuit with no buyers in the market.