GMPFlat
Est. Listing Price₹108
Price Band₹102 - ₹108
Lot Size1,200 shares
Min Bid₹1,29,600
Subscription0.13x
GMP
FlatLatest GMP + upper band: ₹108
Flatno premium
Issue Amount
₹30.77 Cr
Listed Price
Awaiting Listing
Current Price
N/A (Pre-Listing)
Registrar
Skyline Financial Services Private Limited
Timeline•Bookbuilding IPO
Open18 Jun 2026
2
Close22 Jun 2026
3
Allotment23 Jun 2026
4
Listing25 Jun 2026
Quota Reservation Portions
QIBPortion: 1,36,800 shares
4.8%HNIPortion: 9,64,800 shares
33.87%RetailPortion: 16,00,800 shares
56.19%Market MakerPortion: 1,46,400 shares
5.14%Minimum Application Bracket Matrix
Retail2 lots / 2,400 shares
₹2,59,200sHNI3 lots / 3,600 shares
₹3,88,800bHNI8 lots / 9,600 shares
₹10,36,800About the Company
Founded in October 2021, Riyaasat Lifestyle Limited offers ethnic wear for both men and women, including kurtas, pyjamas, sherwanis, jodhpuri outfits, lehengas, and gowns, designed with a focus on style, comfort, and durability. The company opened its first exclusive brand outlet (EBO) in Ahmedabad in October 2021 and has since expanded to 5 stores across Gujarat as of March 31, 2025, providing a premium and personalized shopping experience. It also sells its products through its official website and online platforms like Pernia’s Pop-up, helping it reach a wider customer base.
Company Promoters
Gaurang Ramanbhai GaliyaRamanbhai Nanubhai GaliyaSobhanaben R Galiya
Lead Managers
Registrar
Skyline Financial Services Private Limited