Riyaasat Lifestyle IPO Day 6: Subscription At 0.71x as ₹30 Crore Issue Closes Today

Mumbai, June 25: The Riyaasat Lifestyle IPO is in its final day of bidding today, giving investors one last opportunity to participate before subscriptions close later in the day. The ₹30.20 crore SME public issue has witnessed a mixed response over the six-day subscription window, with institutional investors showing strong interest while participation from retail and non-institutional investors has remained subdued.

According to the latest exchange data available at 11:14 AM on June 25, the IPO was subscribed 0.71 times overall. The Qualified Institutional Buyer (QIB) portion has been oversubscribed, but lower participation in the retail and NII categories has kept the overall issue below full subscription.

With several hours of bidding still remaining, investors will now watch whether the IPO manages to cross the fully subscribed mark before the issue closes today.

Riyaasat Lifestyle IPO Day 6 Subscription Status

As of 11:14 AM, investors had bid for 19.08 lakh shares against 27.02 lakh shares available for subscription, translating into an overall subscription of 0.71 times.

Category-wise subscription:

• Overall: 0.71x
• QIB (Ex-Anchor): 11.35x
• NII: 0.06x
• bNII: 0.04x
• sNII: 0.10x
• Retail: 0.19x

The issue had received 144 applications at the latest update.

While the QIB segment has remained the clear standout throughout the offer period, retail and HNI demand has been relatively weak, leaving the overall subscription below one time heading into the final trading session.

Issue Details

Riyaasat Lifestyle aims to raise ₹30.20 crore through a fresh issue of 28.49 lakh equity shares. There is no offer for sale, meaning the entire proceeds will go to the company for its planned business requirements.

The IPO has been offered in a price band of ₹100 to ₹106 per share.

Price Band And Lot Size

Investors can apply for a minimum of 2,400 equity shares, with bids accepted in multiples thereafter.

• Minimum retail investment: ₹2,54,400
• Minimum sHNI investment: ₹3,81,600
• Minimum bHNI investment: ₹10,17,600

Reservation Structure

The shares offered in the IPO are divided as follows:

• Retail: 16.01 lakh shares (59.24%)
• NII: 9.65 lakh shares (35.70%)
• QIB: 1.37 lakh shares (5.06%)

A separate allocation has also been made for the market maker.

Important Dates

• IPO Opens: June 18, 2026
• IPO Closes: June 25, 2026
• Tentative Allotment: June 29, 2026
• Refund Initiation: June 30, 2026
• Credit of Shares: June 30, 2026
• Tentative Listing: July 1, 2026

About Riyaasat Lifestyle Ltd.

Riyaasat Lifestyle Ltd. is engaged in the ethnic wear segment, offering a range of apparel for men and women, including kurtas, sherwanis, lehengas, gowns and other traditional outfits. The company focuses on premium craftsmanship and operates through its own retail presence while expanding its brand reach in the organised ethnic fashion market.

Conclusion

Riyaasat Lifestyle IPO enters the final hours of bidding with the issue subscribed 0.71 times. Although institutional investors have shown strong confidence in the offering, retail and HNI participation has remained limited so far. The final subscription figures, which will be available after market hours today, will determine whether the SME issue finishes fully subscribed before attention shifts to the allotment process on June 29 and the proposed listing on July 1.

Source:

• https://www.bsesme.com/download/389631/SME_IPO%20Open/1.RHP_Riyaasat_12062026_Final_20260615201158.pdf