Riyaasat Lifestyle opens Rs 30.77 cr BSE SME IPO to fund showroom expansion

Ahmedabad-based ethnic wear retailer Riyaasat Lifestyle launches its BSE SME IPO June 18-22, priced at Rs 102-108 per share for 28.48 lakh shares. Proceeds will fund four new showrooms, adding to its existing six EBOs across Gujarat and Maharashtra. FY25 income stood at Rs 25.19 cr with PAT of Rs 4.87 cr.

— Source publishedWed, 17 Jun, 2026, 08:16 IST·First seen Wed, 17 Jun, 2026, 08:21 IST·Source The Hindu BusinessLine

What happened

Ahmedabad-based ethnic wear retailer Riyaasat Lifestyle launches BSE SME IPO June 18-22 at Rs 102-108 per share to raise Rs 30.77 crore, funding four new

Key facts

  • Rs 30.77 crore
  • Rs 102-108 per share
  • 28,48,800 shares
  • 6 EBOs
  • Rs 25.19 crore FY25 income
  • Rs 4.87 crore PAT
  • 4 new showrooms

Why this matters

Riyaasat's small but profitable ethnic wear footprint in western India makes it a watch-list candidate for regional consolidators eyeing Tier-2 EBO networks post-listing.