Riyaasat Lifestyle launches ₹30.77 cr SME IPO at ₹102-108 to fund showroom expansion
Ahmedabad-based ethnic apparel chain Riyaasat Lifestyle opens its ₹30.77 crore SME IPO on 18 June at a ₹102-108 price band. The retailer, currently operating 6 EBOs across Gujarat and Maharashtra, will deploy proceeds toward 4 new showrooms and working capital. FY25 income stood at ₹25.19 crore with PAT of ₹4.87 crore. Listing slated for 25 June.
Ahmedabad-based ethnic apparel retailer Riyaasat Lifestyle opens its ₹30.77 crore SME IPO on 18 June at ₹102-108 price band. Proceeds fund four new showrooms and working capital; company runs six EBOs across Gujarat and Maharashtra.