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Riyaasat Lifestyle IPO Subscription Status Day 5: QIB Demand Surges as Issue Sees 0.56x Subscription

Authored By HDFC SKY | Published at: Jun 24, 2026 11:16 AM IST

Riyaasat Lifestyle IPO subscribed 0.56x on Day 5, driven by strong QIB participation while retail and NII demand remained subdued ahead of the issue’s June 25 closure.

Riyaasat Lifestyle IPO Subscription Status Day 5: QIB Demand Surges as Issue Sees 0.56x Subscription
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Mumbai, June 24: Following the ongoing subscription process, the Riyaasat Lifestyle IPO was subscribed 0.56 times as of 10:04 AM on Thursday, the fifth day of bidding. The SME public issue opened for subscription on June 18, 2026, and will close on June 25, 2026.

The ₹30.20 crore book-built IPO comprises a fresh issue of 28,48,800 equity shares. The issue is priced in a band of ₹100 to ₹106 per share, with a lot size of 1,200 shares.

Subscription data showed a sharp jump in qualified institutional buyer participation, while retail and non-institutional investor categories continued to witness limited bidding activity.

Riyaasat Lifestyle IPO Subscription Status Day 5

As of June 24, 2026, the IPO was subscribed 0.56 times overall.

Category Subscription (Times)
QIB (Ex Anchor) 9.28x
NII 0.03x
Retail Individual Investors 0.14x
Total 0.56x

The QIB segment recorded strong demand, receiving bids for 12,69,600 shares against 1,36,800 shares reserved, resulting in subscription of 9.28x.

The NII category was subscribed 0.03x. Within the segment, the sNII portion stood at 0.10x, while the bNII category remained at 0.00x.

Retail investors subscribed their reserved quota 0.14x, bidding for 2,23,200 shares against 16,00,800 shares available for the category.

Issue Structure

The IPO is entirely a fresh issue of 28,48,800 equity shares aggregating up to ₹30.20 crore.

After excluding the market maker reservation of 1,46,400 shares, the net issue size available to the public stands at 27,02,400 shares.

Day-Wise Subscription Trend

Date QIB (Ex Anchor) NII Retail Total
June 18, 2026 (Day 1) 1.01x 0.16x 0.01x 0.12x
June 19, 2026 (Day 2) 1.01x 0.00x 0.04x 0.08x
June 22, 2026 (Day 3) 1.01x 0.03x 0.12x 0.13x
June 23, 2026 (Day 4) 9.28x 0.03x 0.14x 0.56x
June 24, 2026 (Day 5) 9.28x 0.03x 0.14x 0.56x

The latest subscription data indicates that institutional demand has significantly boosted overall subscription levels, while participation from retail and high-net-worth investors remains relatively subdued.

Riyaasat Lifestyle IPO Key Details

  • IPO Open Date: June 18, 2026
  • IPO Close Date: June 25, 2026
  • Price Band: ₹100 to ₹106 per share
  • Issue Size: ₹30.20 crore
  • Fresh Issue: 28,48,800 equity shares
  • Lot Size: 1,200 shares
  • Listing Platform: BSE SME
  • Tentative Allotment Date: June 29, 2026
  • Tentative Refund Date: June 30, 2026
  • Tentative Credit of Shares Date: June 30, 2026
  • Tentative Listing Date: July 1, 2026

About Riyaasat Lifestyle Limited

Riyaasat Lifestyle Limited is launching a book-built SME public issue to raise funds through a fresh issue of equity shares. The company is proposed to be listed on the BSE SME platform.

Conclusion

Riyaasat Lifestyle IPO stood subscribed 0.56x on Day 5, supported primarily by strong QIB demand of 9.28x. Retail subscription reached 0.14x, while the NII category was subscribed 0.03x. Investor participation on the final day of bidding will determine the issue’s final subscription outcome before allotment is finalised.

Source:

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