Debut Plus

Rays of Belief Limited

Closed
Mainboard IPO

Price Band

₹239

Lot Size

62 shares

Min ₹14,818

Issue Size

₹125 Cr

GMP (Grey Market)

₹15 (6.3%)

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Issue Details
IPO Open Date1 Sept 2026
IPO Close Date3 Sept 2026
Basis of Allotment—
Refunds Initiation—
Listing Date8 Sept 2026
Face Value—
Fresh Issue—
Offer for Sale—
Minimum Investment (Retail)₹14,818
RegistrarKfin Technologies Ltd.check allotment ↗
Lead ManagersMefcom Capital Markets Ltd.
Subscription Status

Updated 3 Sept 2026, 6:56 pm

QIB9.06x
NII (HNI)279.11x
Retail195.86x
Total107.71x
Grey Market Premium

Updated 10 Sept 2026, 11:51 am

₹15

Estimated listing: ₹254 (6.3% over upper band)

GMP is unofficial and indicative only. It is not a reliable predictor of listing price.

Frequently asked questions — Rays of Belief Limited IPO

What is the price band of Rays of Belief Limited IPO?

The price band of the Rays of Belief Limited Mainboard IPO is ₹239 per share with a lot size of 62 shares.

When does Rays of Belief Limited IPO open and close?

Rays of Belief Limited Mainboard IPO opens on 1 Sept 2026 and closes on 3 Sept 2026.

What is the GMP of Rays of Belief Limited IPO today?

The latest grey market premium (GMP) for Rays of Belief Limited is ₹15 (about 6.3% over the upper price band). GMP is indicative only and not investment advice.

What is the minimum investment for Rays of Belief Limited IPO?

The minimum investment for Rays of Belief Limited is ₹14,818 (1 lot = 62 shares).

How do I check Rays of Belief Limited IPO allotment status?

Check your Rays of Belief Limited allotment on the registrar (KFin Technologies) or the BSE "Status of Issue Application" page using your PAN, application number or DP/Client ID.

When will Rays of Belief Limited IPO list?

Rays of Belief Limited Mainboard IPO is expected to list on 8 Sept 2026 on the NSE & BSE.

What is the issue size of Rays of Belief Limited IPO?

The total issue size of the Rays of Belief Limited Mainboard IPO is ₹125 Cr.

Check allotment on our IPO allotment status page, or track live IPO GMP.