Riyaasat Lifestyle IPO Subscribed 1.32 Times on Day 6

Riyaasat Lifestyle Limited's initial public offering (IPO) closed its extended six-day subscription window at 1.32 times overall subscription by 5:19 PM on Day 6 (June 25, 2026). The ₹30.77 crore book-build issue, priced at ₹102 to ₹108 per share, received bids for 35,72,400 shares against 27,02,400 shares on offer, with total applications reaching 322.

Subscription Status of Riyaasat Lifestyle IPO

Here are the subscription details for Riyaasat Lifestyle IPO (Day 6, as of 5:04 PM)

Key Highlights – Day 6

• Overall subscription crossed full subscription at 1.32 times on the final day, surging from Day 5's 0.69 times, driven by a sharp last-day surge in QIB demand.
• Qualified institutional buyers (ex-anchor) surged to 20.33 times from Day 5's 11.35 times, carrying the overall issue across full subscription with exceptional institutional concentration on the closing day.
• Individual investors improved to 0.44 times from Day 5's 0.18 times, though participation remained well below full subscription.
• Non-institutional investors improved marginally to 0.09 times from Day 5's 0.03 times, with bNII at 0.05 times and sNII at 0.16 times, both remaining negligible throughout.
• Total applications reached 322 on Day 6.

Key Highlights – Day 5

• Overall subscription reached 0.69 times, improving from Day 4's 0.56 times.
• Qualified institutional buyers (ex-anchor) improved to 11.35 times from Day 4's 9.28 times.
• Individual investors improved marginally to 0.18 times from Day 4's 0.14 times.
• Non-institutional investors showed negligible participation at 0.03 times, unchanged from Day 4.

Key Highlights – Day 4

• Overall subscription reached 0.56 times, surging from Day 3's 0.13 times, primarily on account of a sharp jump in QIB participation.
• Qualified institutional buyers (ex-anchor) surged to 9.28 times from Day 3's 1.01 times, marking the first significant movement in this category.
• Individual investors improved marginally to 0.14 times from Day 3's 0.12 times.
• Non-institutional investors remained negligible at 0.03 times, unchanged from Day 3.
   

Key Highlights – Day 3

• Overall subscription reached 0.13 times, improving marginally from Day 2's 0.08 times, with the issue closing well below full subscription.
• Qualified institutional buyers (ex-anchor) maintained full subscription at 1.01 times throughout all three days, unchanged from Day 1.
• Individual investors improved to 0.12 times from Day 2's 0.04 times, though participation remained well below full subscription.
• Non-institutional investors remained negligible at 0.03 times, with sNII at 0.08 times and bNII recording no participation across all three days.
• Total applications reached 94 on Day 3.

Key Highlights – Day 2

• Overall subscription declined to 0.08 times from Day 1's 0.12 times.
• Qualified institutional buyers (ex-anchor) held steady at 1.01 times, unchanged from Day 1.
• Individual investors improved marginally to 0.04 times from Day 1's 0.01 times.
• Non-institutional investors showed no meaningful participation on Day 2, with bNII and sNII both at negligible levels.

Key Highlights – Day 1

• Overall subscription reached 0.12 times on Day 1 (June 18, 2026), reflecting very subdued initial investor interest in this ethnic wear SME IPO.
• Qualified institutional buyers (ex-anchor) crossed full subscription at 1.01 times on Day 1.
• Non-institutional investors showed minimal participation at 0.16 times, with bNII at 0.23 times and sNII at 0.01 times on Day 1.
• Individual investors showed negligible participation at 0.01 times on Day 1.

 About Riyaasat Lifestyle Limited

Incorporated in October 2021, Riyaasat Lifestyle Limited offers ethnic wear for men and women including kurtas, payjamas, sherwanis, jodhpuris, lehengas, and gowns. The company operates six exclusive brand outlets across Gujarat and Maharashtra and sells through its website and online marketplaces. As of January 31, 2026, the company had approximately 177 employees across various departments.