Riyaasat Lifestyle Limited IPO Opens on June 18, 2026

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Jun 17, 2026 - 18:00
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Riyaasat Lifestyle Limited IPO Opens on June 18, 2026
“Riyaasat Lifestyle Limited IPO Opens on June 18, 2026”
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17 Jun 2026
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Riyaasat Lifestyle Limited IPO Opens on June 18, 2026

Riyaasat Lifestyle Limited IPO Opens on June 18, 2026-PNn

Mumbai (Maharashtra) [India], June 17:  Riyaasat Lifestyle Limited is a premium ethnic wear brand blending traditional craftsmanship with contemporary design for men, women & kids, proposes to open its Initial Public Offering on June 18, 2026, aiming to raise ₹ 30.76 Crores (at upper price band) with shares to be listed on the BSE SME.

The issue size is 28,48,800 equity shares with a face value of ₹ 10 each with a price band of ₹ 102 – ₹ 108 Per Share.

Equity Share Allocation

  • Qualified Institutional Buyer – Not more than 1,36,800 Equity Shares
  • Non-Institutional Investors – Not less than 9,64,800 Equity Shares
  • Individual Investors – Not less than 16,00,800 Equity Shares
  • Market Maker – Up to 1,46,400 Equity Shares

The net proceeds from the IPO will be utilized for capex towards setting up 4 new Stores (Showrooms), working capital requirements, and the general corporate purposes. The Issue will open on Thursday, June 18, 2026 and will close on Monday, June 22, 2026.

PNN (This story has been published from a syndicated feed, agency source, or press release. NewsWaala Team may not have edited or verified the content independently.)