The grey market premium (GMP) for the issue stood at zero ahead of the opening, indicating that unofficial market activity is pricing the stock in line with the upper end of its issue band, with no listing pop currently being anticipated by grey market participants.

Riyaasat Lifestyle will launch its Rs 30.77 crore IPO on June 18 with a price band of Rs 102-108 per share on the BSE SME platform.

Riyaasat Lifestyle, a premium ethnic wear brand, plans to raise ₹31 crore through Initial Public Offering on BSE SME.

The grey market premium (GMP) for the issue stood at zero ahead of the opening, indicating that unofficial market activity is pricing the stock in line with the upper end of its…