Riyaasat Lifestyle IPO Subscription Status Day 1: Issue Yet to Be Fully Subscribed in Early Trade

Mumbai, June 18: Riyaasat Lifestyle IPO opened for public subscription on Thursday and witnessed a muted start in the initial hours of bidding. As of 11:00 AM on Day 1, the BSE SME issue remained unsubscribed, with investors yet to place significant bids across major categories.

The ₹30.77 crore public issue will remain open for subscription until June 22, 2026. Shares are being offered in a price band of ₹102 to ₹108 per share through a completely fresh issue of 28,48,800 equity shares.

Riyaasat Lifestyle IPO Subscription Status Today

According to exchange data available as of 11:00 AM on June 18, 2026, the Riyaasat Lifestyle IPO was subscribed 0.00 times overall.

The issue had received bids for 4,800 shares against 27,02,400 shares available for subscription, reflecting the early stage of the bidding process.

The issue had attracted a small number of retail applications, but the bids were not sufficient to move the subscription figures above zero times at the time of reporting.

Retail Investors Yet to Build Momentum

The retail portion, which accounts for the largest share of the net issue, had received bids for 4,800 shares against the 16,00,800 shares reserved for retail investors.

As a result, the retail category remained unsubscribed during the initial hours of Day 1 trading.

NII And QIB Segments Await Participation

The non-institutional investor category and the QIB segment had not recorded any meaningful bidding activity as of the latest update.

Institutional and high-net-worth investor participation in SME IPOs often picks up closer to the final days of the subscription window, making early subscription figures less indicative of eventual demand.

Riyaasat Lifestyle IPO Details

The IPO comprises a fresh issue of 28,48,800 equity shares aggregating up to ₹30.77 crore.

Key issue details include:

• Price Band: ₹102 to ₹108 per share
• Issue Size: ₹30.77 crore
• Lot Size: 1,200 shares
• Minimum Retail Application: 2,400 shares
• Minimum Retail Investment: ₹2,59,200
• Listing Platform: BSE SME
• IPO Closing Date: June 22, 2026
• Tentative Listing Date: June 25, 2026

Riyaasat Lifestyle IPO Reservation Breakdown

The company has reserved shares across investor categories as follows:

• Retail Investors: 16,00,800 shares (59.24% of net issue)

• NII Investors: 9,64,800 shares (35.70% of net issue)

• QIB Investors: 1,36,800 shares (5.06% of net issue)

Additionally, 1,46,400 shares have been allocated to the market maker.

About Riyaasat Lifestyle

Riyaasat Lifestyle is entering the public markets through the SME route with a fresh issue aimed at raising capital for its business requirements and future growth initiatives.

Mark Corporate Advisors Pvt. Ltd. is the book-running lead manager to the issue, while Skyline Financial Services Pvt. Ltd. serves as the registrar.

Conclusion

Riyaasat Lifestyle IPO made a quiet start on Day 1, with the issue remaining unsubscribed in early trade on June 18, 2026. Investors will continue to watch subscription trends over the coming sessions as the public issue remains open for bidding until June 22, 2026.

Source:

• https://www.chittorgarh.net/reports/ipo_notes/riyaasat-rhp.pdf