Rays of Belief IPO is a book-built issue of ₹125 crore. The issue is entirely a fresh issue of 52.30 lakh shares aggregating to ₹125 crore.
The Rays of Belief IPO opens for subscription on September 1, 2026, and will close on September 3, 2026. The allotment is expected to be
finalised on September 4, 2026. The IPO is proposed to list on both NSE and BSE, with a tentative listing date of September 8, 2026.
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Rays of Belief IPO Price & Lot Size
The Rays of Belief IPO price band has been fixed at ₹227 to ₹239 per share. The lot size is 62 shares, making the minimum retail investment ₹14,818 at the upper price band.
Rays of Belief IPO GMP
Investors are closely tracking the Rays of Belief IPO GMP to understand grey market sentiment and possible listing expectations. GMP is an unofficial indicator and may change based on investor demand and overall market conditions. It should not be considered a guaranteed indicator of the actual listing price.
Rays of Belief IPO Allotment
The Rays of Belief IPO allotment is expected to be finalized on September 4, 2026. Investors can check their allotment status once the registrar and exchange processes are completed. Successful applicants can expect the shares to be credited to their demat accounts before the proposed listing date.
Rays of Belief IPO Review
With an issue size of ₹125 crore and an entirely fresh issue, Rays of Belief IPO may attract investors looking for new IPO opportunities. Before subscribing, investors should evaluate the company's financial performance, valuation, business model, growth prospects, and prevailing market conditions.
For the latest Rays of Belief IPO GMP, Rays of Belief IPO allotment status, subscription updates, price details, and IPO review, follow Finowings for regular IPO updates and analysis.
Disclaimer: GMP is unofficial and can change frequently. It should not be used as the sole basis for an investment decision. Investors should conduct their own research or consult a qualified financial advisor before investing.
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