|
|
|
Issue Open Date
|
18-Jun-26
|
|
|
|
Issue Closing Date
|
25-Jun-26
|
|
|
|
Application Money
|
100
|
|
|
|
Allotment Money
|
|
|
|
|
|
|
|
Price Band
|
100
-
106
|
|
|
|
Minimium Application No.
|
2400
|
|
|
|
Issue Size (Shares)
|
2848800
|
|
|
|
Market Lot
|
1
|
|
|
|
|
|
Objective
|
|
1. Capital expenditure towards setting-up of 4 new Stores (“Showrooms”) 2. Working Capital requirements 3. General Corporate Purpose
|
|
|
|
|
|
|
Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
|
Offered / Reserved |
Bid For |
|
|
Non-Institutional Investors
|
1111200
|
229200
|
0.206263498920086
|
|
Qualified Institutional Buyers
|
136800
|
2781600
|
20.3333333333333
|
|
Retail Individual Investors
|
1600800
|
708000
|
0.442278860569715
|
|
|
|
|
Business Description
We maintain our presence at high street fashion in both offline and online mode of selling. Presently, our exclusive Stores (“Showrooms’) are strategically located in Ahmedabad and Vadodara, with four such Stores across Ahmedabad and one in Vadodara. For further details on our property, kindly refer the chapter “Our Business” Property section below on page 137. Apart from the existing showrooms, we have also entered into an agreement with PSL Retail Limited on January 31, 2025 for sale through PSL sales channel. i.e online sale on their website at www.perniaspopupshop.com and a retail store(s) called “Pernia’s Pop Up Studio” which is shown under the name of “Pernia’s Pop Up Show” (reference to PSL Limited will be referred as “Pernia’s Pop Up” in this Draft Red Herring Prospectus). This arrangement bolster our presence online as well as at multiband stores. This allows us to deliver the luxury styles that our discerning customers seek. We are committed to expanding our reach throughout India, with the aim of providing the finest and most stylish Indian ethnic wear. Our collections are designed to celebrate and resonate with the rich tapestry of Indian culture.
|
|
|
Promoter's Holding
|
|
|
|
Total Share Capital
|
7885428
|
|
|
|
Offered to Public
|
2848800
|
|
|
|
Promoter's Holding (Pre-Issue)
|
99.87
|
|
|
|
Promoter's Holding (Post-Issue)
|
|
|
|
|
|
|
|
|
|
|
|
Address |
01/ G F ' Time Square' B/ S. ' Pariseema' C. G. Road
Ahmedabad,
Gujarat,
380009
Phone : 9157941123 / 8866115025
Email : cs@riyaasat.in
Website : www.riyaasat.in
|
|
|
Registrar |
Skyline Financial Services Pvt Ltd
123 Vinoba Puri Lajpat Nagar - II New Delhi
|
|
|
Listed at |
|
BSE
|
|
|
Lead Manager |
|
Mark Corporate Advisors Pvt Ltd.
|
|
|
Promoters |
Gaurang Ramanbhai Galiya Ramanbhai Nanubhai Galiya Sobhanaben R Galiya
|
|