Riyaasat Lifestyle taps BSE SME with ₹31 crore IPO to fund showroom rollout

Premium ethnic wear retailer Riyaasat Lifestyle is raising ₹31 crore via a BSE SME IPO of 28,48,800 shares at a ₹102-108 band. Proceeds will fund four new showrooms, working capital and general corporate needs. Subscription opens Thursday, with Mark Corporate Advisors as lead manager.

— Source publishedWed, 17 Jun, 2026, 14:55 IST·First seen Wed, 17 Jun, 2026, 15:04 IST·Source The Hindu BusinessLine

What happened

Premium ethnic wear brand Riyaasat Lifestyle is raising ₹31 crore via BSE SME IPO at ₹102-108 per share, with proceeds funding four new showrooms, working

Key facts

  • ₹31 crore
  • 28,48,800 shares
  • ₹102-108 price band
  • 4 new showrooms