Rays of Belief IPO – GMP, Review, Share Price, Subscription, and Details

IPOGMPTracker

IPOGMPTracker Team

Sep 1, 2026 · 2 min read

Rays of Belief IPO – GMP, Review, Share Price, Subscription, and Details
IPO GUIDE
IPOGMPTRACKER

Complete analysis of the Rays of Belief initial public offering (IPO), including daily grey market premium (GMP) updates, subscription trends, and allotment links.

1.Rays of Belief IPO Overview

The initial public offering (IPO) of Rays of Belief is a public issue under the Mainboard board. The subscription window is scheduled to open on Sep 1, 2026 and close on Sep 3, 2026, with the price band fixed at ₹227–239 per equity share.

2.Issue Details at a Glance

DetailValue
Bidding DatesSep 1, 2026 – Sep 3, 2026
Price Band₹227–239
Lot Size62 shares
Minimum Investment₹14,074
Issue Size₹125 Cr
Listing AtBSE, NSE

3.Bidding, Allotment & Listing Timeline

  • Bidding opens: Sep 1, 2026
  • Bidding closes: Sep 3, 2026
  • Allotment date: 2026-09-04
  • Listing date: 2026-09-08
  • Minimum investment: ₹14,074 for 62 shares
  • Registrar: Kfin Technologies Limited
  • Lead managers: Mefcom Capital Markets Limited
  • Official document: Download Rays of Belief RHP PDF

4.Rays of Belief IPO GMP Today

The grey market premium for Rays of Belief is currently ₹6 per share — roughly 3% over the upper price band. GMP is an informal, unregulated indicator of listing-day sentiment; it is not published by any exchange and can change before listing, so treat it as sentiment rather than a forecast.

5.How to Apply for Rays of Belief IPO

  1. 1Open IPOGMPTracker or use your broker's app or net banking ASBA facility.
  2. 2Search for "Rays of Belief IPO" and select it from the list of current issues.
  3. 3Choose your demat account and enter your bid quantity in multiples of the 62-share lot, at a price within the ₹227–239 band (or bid at cut-off, if eligible).
  4. 4Submit the application and approve the UPI mandate request when it arrives — funds stay blocked in your account and are debited only on allotment.

Allotment is expected to be finalised around 2026-09-04, with listing tentatively scheduled for 2026-09-08 on BSE and NSE. Once finalised, check your status on the Rays of Belief IPO allotment status page.

6.How to Track Subscription & Allotment

7.Conclusion

Rays of Belief opens on Sep 1, 2026 and closes on Sep 3, 2026 at ₹227–239 per share. Read the offer documents in full and consult a qualified adviser before applying — nothing on this page is investment advice.

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