Riyaasat Lifestyle IPO GMP on Day 1 of Subscription, 18 June 2026: Grey Market Premium at nil (₹0), Expected Listing at ₹108 (no grey market premium yet)

The riyaasat lifestyle ipo gmp on Day 1 of subscription, 18 June 2026, stands at nil (₹0). The Riyaasat Lifestyle IPO opened for subscription on June 18, 2026 and closes on June 22, 2026, a book built issue raising ₹30.77 Cr at a price band of ₹102 to ₹108 per share on the BSE SME platform. The grey market has not yet assigned a premium, suggesting a cautious stance among unofficial market participants.

Ankit Jaiswal, Senior Research Analyst at Univest explains what the Riyaasat Lifestyle IPO GMP signals, what the company does and the key factors investors should weigh before the close of subscription on June 22, 2026.

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Riyaasat Lifestyle IPO GMP: Complete Snapshot

Detail	Information
IPO open date	June 18, 2026
IPO close date	June 22, 2026
Allotment date	June 23, 2026
Listing date	June 25, 2026
Issue size	₹30.77 Cr
Price band	₹102 to ₹108
Lot size	1200 shares
Min retail application	2400 shares (₹2,59,200)
Issue type	Book Built
Exchange	BSE SME
Investor quota	35% retail, 50% QIB, 15% NII
Registrar	Skyline Financial Services Pvt. Ltd.
Lead manager	Mark Corporate Advisors Pvt. Ltd.
Riyaasat Lifestyle IPO GMP (Day 1)	nil (₹0)
Expected listing price	₹108 (no grey market premium yet)

The table above captures the full snapshot for the Riyaasat Lifestyle IPO GMP as of Day 1 of subscription. Every figure should be verified from the official BSE, NSE and registrar websites before applying.

Riyaasat Lifestyle IPO GMP Day 1: What the Grey Market is Saying

The Riyaasat Lifestyle IPO GMP is currently nil on Day 1 of subscription. The grey market has not assigned a premium, which reflects a neutral to cautious early reading from unofficial market participants. A flat GMP does not automatically mean the IPO is unattractive; it simply means the grey market is in a wait-and-see mode ahead of the subscription data. The sentiment can shift as more subscription information becomes available.

It is important to treat IPO GMP as an informal sentiment indicator only. The grey market is unregulated, and premiums can change sharply between Day 1 and the listing date based on overall subscription, market conditions and sector sentiment.

About Riyaasat Lifestyle: What Does the Company Do?

Riyaasat Lifestyle Limited, incorporated in October 2021 and based in Ahmedabad, is an ethnic wear fashion brand offering men’s and women’s traditional and occasion wear including Kurta, Payjama, Sherwani, Jodhpuri, Lehanga and Gown collections. The company sources premium fabrics from weavers across six states and carries out finishing at its Mumbai-based workshop. It sells through its website and online marketplaces including Pernia’s Pop-up. As of January 2026, the company had 177 employees. It plans to open four new showrooms in Mumbai, Surat, Hyderabad and Bengaluru using the IPO proceeds.

Riyaasat Lifestyle IPO: Key Financial Metrics

Metric	Value
Revenue FY25 / FY24	₹22.88 Cr / ₹20.93 Cr
PAT FY25 / FY24	₹4.08 Cr / ₹1.32 Cr

Investors should verify these figures from the official Red Herring Prospectus available on the BSE and NSE websites before using them in any investment decision related to the Riyaasat Lifestyle IPO GMP.

How to Apply for the Riyaasat Lifestyle IPO

The Riyaasat Lifestyle IPO can be applied through the ASBA route via your bank’s net banking or through UPI via your stockbroker’s platform. The subscription window is open until June 22, 2026. Retail investors must apply for a minimum of 2400 shares at an investment of ₹2,59,200 at the upper price band of 108 per share.

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Riyaasat Lifestyle IPO GMP: Should You Apply?

The current nil Riyaasat Lifestyle IPO GMP means the grey market is not yet showing listing enthusiasm. This does not eliminate the investment case but suggests that early sentiment is cautious. For any SME IPO investment, the GMP is one of many signals. The more important factors are the company’s revenue growth trend, profitability sustainability, peer valuation, promoter background, use of proceeds and the overall SME IPO market environment. SME IPOs carry higher liquidity risk than mainboard issues, and investors should allocate only what they can afford to hold through potential listing-day volatility.

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Conclusion

The Riyaasat Lifestyle IPO GMP on Day 1 of subscription, 18 June 2026, stands at nil (₹0). The grey market has not yet assigned a meaningful premium, reflecting a cautious early read from unofficial participants. The IPO closes on June 22, 2026 and the tentative listing date on BSE SME is June 25, 2026. Investors should track the live subscription data and verify all figures from the official prospectus before making a decision. The Riyaasat Lifestyle IPO GMP will be updated as new grey market data becomes available.

FAQs on Riyaasat Lifestyle IPO GMP

What is the Riyaasat Lifestyle IPO GMP today on Day 1?

Ans. The Riyaasat Lifestyle IPO GMP on Day 1 of subscription, 18 June 2026, stands at nil (₹0). The grey market has not assigned a premium yet, suggesting investor sentiment is cautious ahead of the listing on June 25, 2026.

What is the price band and lot size for the Riyaasat Lifestyle IPO?

Ans. The Riyaasat Lifestyle IPO price band is ₹102 to ₹108 per share with a face value of ₹10. The lot size is 1200 shares. Retail investors must apply for a minimum of 2400 shares, requiring an investment of ₹2,59,200 at the upper price band.

When will Riyaasat Lifestyle IPO shares be allotted and listed?

Ans. The Riyaasat Lifestyle IPO allotment is expected on June 23, 2026. Shares will be credited to demat accounts before the listing, which is tentatively scheduled for June 25, 2026 on the BSE SME platform. Refunds for unsuccessful applicants will be processed around the same time.

Is Riyaasat Lifestyle IPO GMP reliable for predicting listing gains?

Ans. The IPO GMP or grey market premium is an unofficial, unregulated indicator and should not be treated as a reliable predictor of listing gains. It reflects sentiment in the informal grey market and can change quickly based on subscription numbers, broader market conditions and demand. Always evaluate the company’s fundamentals, valuation and business model before applying.

What is Riyaasat Lifestyle IPO subscription status on Day 1?

Ans. The Riyaasat Lifestyle IPO opened for subscription on June 18, 2026 and closes on June 22, 2026. Day 1 of the subscription period is 18 June 2026. The final subscription data across retail, QIB and HNI categories will determine allotment probability. Investors should check the live subscription data on NSE or BSE before applying.

What does Riyaasat Lifestyle plan to do with the IPO proceeds?

Ans. According to the offer documents, Riyaasat Lifestyle plans to use the IPO proceeds for capital expenditure for four new showrooms, working capital requirements and general corporate purposes. The issue is a book built issue with a total size of ₹30.77 Cr on the BSE SME platform.

Should I apply for the Riyaasat Lifestyle IPO?

Ans. Whether to apply for the Riyaasat Lifestyle IPO depends on your risk appetite, investment horizon and assessment of the company’s fundamentals, valuation and growth prospects. SME IPOs carry higher liquidity risk than mainboard issues. The Riyaasat Lifestyle IPO GMP gives an early sentiment signal, but it is not a recommendation to buy. Consult a SEBI-registered advisor before investing.