Riyaasat Lifestyle Ipo
Riyaasat Lifestyle IPO Review & Key Points
Review: Neutral
IPO Lead Managers aka Merchant Bankers
Mark Corporate Advisors Pvt.Ltd.
| Name of the Company | Face Value (₹) | EPS basic (₹) | EPS Diluted (₹) | RONW (%) | P/E Ratio | NAV (₹) |
| Powerica Limited | 5 | 15.26 | 15.26 | 15.37 % | 24.45 | 99.76 |
| Listed Peers | ||||||
| Cummins India Limited | 2 | 72.15 | 72.15 | 26.45% | 64.13 | 272.78 |
| Kirloskar Oil Engines Limited | 2 | 33.71 | 33.60 | 15.85% | 43.24 | 212.60 |
| NTPC Green Energy Limited | 10 | 0.67 | 0.67 | 2.58% | 129.40 | 21.88 |
| Acme Solar Holdings Limited | 2 | 4.55 | 4.53 | 5.59% | 50.74 | 74.54 |
| Adani Green Energy Limited | 10 | 8.37 | 8.37 | 11.90% | 101.53 | 76.62 |
| IPO Open Date | June 18, 2026 |
| IPO Close Date | June 22, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹102 to ₹108 Per Share |
| Issue Size | Approx ₹31 Crores |
| Fresh Issue | Approx ₹31 Crores |
| Issue Type | Bookbuilding Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,400 | ₹2,59,200 |
| Retail Maximum | 2 | 2,400 | ₹2,59,200 |
| S-HNI Minimum | 3 | 3,600 | ₹3,88,800 |
| S-HNI Maximum | 7 | 8,400 | ₹9,07,200 |
| B-HNI Minimum | 8 | 9,600 | ₹10,36,800 |
| Investor Category | Share Offered | Shares (%) |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | 1,36,800 Shares | 4.80% |
| NII Shares Offered | 9,64,800 Shares | 33.87% |
| Retail Shares Offered | 16,00,800 Shares | 56.19% |
| IPO Open Date: | June 18, 2026 |
| IPO Close Date: | June 22, 2026 |
| Basis of Allotment: | June 23, 2026 |
| Refunds: | June 24, 2026 |
| Credit to Demat Account: | June 24, 2026 |
| IPO Listing Date: | June 25, 2026 |
| IPO Bidding Cut-off Time: | June 22, 2026 – 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 78,95,678 | 99.87% |
| Promoter Holding Post Issue | 1,07,44,478 | 73.4% |
| Purpose | Crores |
| Capital expenditure towards setting-up of 4 new Stores (“Showrooms”) | ₹12.47 |
| Working Capital requirements | ₹9.50 |
| General Corporate Purpose | ₹- |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹20.94 | ₹19.30 | ₹1.32 | ₹8.79 |
| 2024 | ₹23.34 | ₹18.29 | ₹4.08 | ₹17.75 |
| 2025 | ₹25.19 | ₹19.31 | ₹4.87 | ₹33.91 |
| Jan 2026 | ₹28.13 | ₹22.98 | ₹4.29 | ₹76.15 |
| KPI | Values |
| ROE: | 50.34% |
| ROCE: | 37.09% |
| EBITDA Margin: | 25.18% |
| PAT Margin: | 19.62% |
| Debt to equity ratio: | 0.68 |
| Earning Per Share (EPS): | ₹6.17 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 37.15% |
| Net Asset Value (NAV): | ₹16.59 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Bizotic Commercial Limited | – | 213.39 | 7.38% | 72.20 | 111.95 Cr. |
| Vedant Fashions Limited | – | 28.01 | 21.72% | 73.55 | 1,386.48 Cr. |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹184.81 | ₹154.97 | ₹32.10 | ₹251.58 |
| 2024 | ₹206.45 | ₹175.85 | ₹34.44 | ₹339.25 |
| 2025 | ₹322.58 | ₹261.43 | ₹28.13 | ₹455.49 |
| Dec 2025 | ₹236.50 | ₹186.96 | ₹38.69 | ₹561.34 |