Comparison between Exim Routes IPO and Riyaasat Lifestyle IPO.
Exim Routes IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Riyaasat Lifestyle IPO is a SME Bookbuilding proposed to list at BSE SME.
| Exim Routes IPO | Riyaasat Lifestyle IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Narnolia Financial Services Ltd. | Mark Corporate Advisors Pvt.Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Exim Routes IPO is up to ₹41.54 Cr whereas the issue size of the Riyaasat Lifestyle IPO is up to ₹28.65 Cr. The final issue price of Exim Routes IPO is ₹88.00 per share and of Riyaasat Lifestyle IPO is ₹106.00 per share.
| Exim Routes IPO | Riyaasat Lifestyle IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹83.00 per share | ₹100.00 per share |
| Issue Price (Upper) | ₹88.00 per share | ₹106.00 per share |
| Issue Price (Final) | ₹88.00 per share | ₹106.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 1200 shares |
| Fresh Issue Size | 47,20,000 shares | 27,02,400 shares |
| Fresh Issue Size (Amount) | up to ₹41.54 Cr | up to ₹28.65 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 47,20,000 shares | 27,02,400 shares |
| Issue Size Total (Amount) | up to ₹41.54 Cr | up to ₹28.65 Cr |
Exim Routes IPO opens on Dec 12, 2025, while Riyaasat Lifestyle IPO opens on Jun 18, 2026. The closing date of Exim Routes IPO and Riyaasat Lifestyle IPO is Dec 16, 2025, and Jun 25, 2026, respectively.
| Exim Routes IPO | Riyaasat Lifestyle IPO | |
|---|---|---|
| Anchor Bid Date | Dec 11, 2025 | |
| Issue Open | Dec 12, 2025 | Jun 18, 2026 |
| Issue Close | Dec 16, 2025 | Jun 25, 2026 |
| Basis Of Allotment (Tentative) | Dec 17, 2025 | Jun 29, 2026 |
| Initiation of Refunds (Tentative) | Dec 18, 2025 | Jun 30, 2026 |
| Credit of Share (Tentative) | Dec 18, 2025 | Jun 30, 2026 |
| Listing date (Tentative) | Dec 19, 2025 | Jul 01, 2026 |
| Anchor Lockin End date 1 | Jan 16, 2026 | |
| Anchor Lockin End date 2 | Mar 17, 2026 |
Exim Routes IPO P/E ratio is 16.04, as compared to Riyaasat Lifestyle IPO P/E ratio of 17.2.
| Exim Routes IPO | Riyaasat Lifestyle IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 71.35 | 99.87 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 52.44 | 73.4 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.04 | 17.2 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹165.02 Cr. | ₹113.89 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 53.14 | 50.34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 35.53 | 37.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.20 | 0.68 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.49 | ₹6.16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 42.28 | 37.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Exim Routes IPO Retail Individual Investors (RII) are offered 16,57,600 shares while in Riyaasat Lifestyle IPO retail investors are offered 16,57,600 shares. Qualified Institutional Buyers (QIB) are offered 9,40,800 shares in Exim Routes IPO and 1,36,800 shares in Riyaasat Lifestyle IPO.
| Exim Routes IPO | Riyaasat Lifestyle IPO | |
|---|---|---|
| Anchor Investor Reservation | 14,11,200 shares | 0 shares |
| Market Maker Reservation | 2,49,600 shares | 1,46,400 shares |
| QIB | 9,40,800 shares | 1,36,800 shares |
| NII | 7,10,400 shares | 9,64,800 shares |
| RII | 16,57,600 shares | 16,00,800 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 47,20,000 shares | 27,02,400 shares |
Exim Routes IPO subscribed 10.67x in total, whereas Riyaasat Lifestyle IPO subscribed 1.32x.
| Exim Routes IPO | Riyaasat Lifestyle IPO | |
|---|---|---|
| QIB (times) | 19.11x | 20.33x |
| NII (times) | 22.43x | 0.09x |
| Big NII (times) | 27.73x | 0.05x |
| Small NII (times) | 12.02x | 0.16x |
| RII (times) | 9.94x | 0.44x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 10.67x | 1.32x |
