Riyaasat Lifestyle made its BSE SME debut today at ₹80.60 per share, representing a 23.96% discount to the issue price of ₹106. The stock was listed at ₹84.80, a 20% discount to the IPO price, and is currently frozen at its lower limit of 5% over the listing price. The counter saw about 32,000 shares change hands, with the stock hitting a high of ₹84.80 and low of ₹80.60 during the trading session.
The Riyaasat Lifestyle IPO allotment date is today, June 29, 2026, following the completion of the bidding process. According to reports from Livemint, the SME IPO was open for subscription from June 18 to June 25, 2026, with the IPO listing scheduled for July 1, 2026. The company will finalise the Riyaasat Lifestyle IPO allotment status soon, after which it will credit equity shares into eligible allotment holders' demat accounts and initiate refunds to unsuccessful bidders on June 30, 2026.
The Riyaasat Lifestyle IPO received 1.32 times subscription during the bidding period, as reported by Livemint. The retail individual investors category was subscribed 44%, while the Qualified Institutional Buyers (QIB) segment showed strong demand at 20.33 times subscription. The Non-Institutional Investors (NII) category recorded 9% subscription. The IPO price band was set at ₹100 to ₹106 per share, with the company raising ₹30 crore through a fresh issue of 28.48 lakh equity shares. The issue was entirely a fresh issue with no offer for sale component, raising ₹30.20 crore through the issuance of 28.49 lakh shares at the upper price band of ₹106 per share.
According to market experts, Riyaasat Lifestyle shares are showing no grey market premium (GMP), as reported by Livemint. The GMP today stands at ₹0 per share, indicating that in the grey market, Riyaasat Lifestyle shares are trading without any discount or premium to the issue price. This signals that the estimated listing price would be ₹106 per share, which is equal to its IPO price of ₹106 per share.
Investors can check Riyaasat Lifestyle IPO allotment status through multiple channels. According to the instructions provided by Livemint, investors can visit the BSE website at https://www.bseindia.com/investors/appli_check.aspx and select 'Equity' in the Issue Type, choose 'Riyaasat Lifestyle Limited' in the Issue Name dropdown menu, and enter either Application No. or PAN. Alternatively, investors can check through the IPO registrar Skyline Financial Services website at https://www.skylinerta.com/ipo.php by selecting 'Riyaasat Lifestyle Limited' in the Select Company dropdown menu and entering DPID/Client ID, Application Number, or PAN. After completing the process, investors will see either the number of shares allotted or a message indicating that no shares have been allotted.
Mark Corporate Advisors Pvt. Ltd. serves as the book running lead manager for the Riyaasat Lifestyle IPO, while Skyline Financial Services Pvt. Ltd. acts as the registrar. As reported by Livemint, the company will be listed on BSE SME following the completion of allotment and listing formalities. The IPO comprised a fresh issue of 28,48,800 shares with the price band fixed between ₹21 to ₹23 per share. The promoter and promoter shareholding diluted to 73.49% from 100% pre-IPO. The company intends to utilise the net proceeds from the issue towards capital expenditure for setting up four new showrooms, meeting working capital requirements, and general corporate purposes.
