Rays of Belief IPO

Grey market premium: ₹15(+6.3%)· expected listing price ≈ ₹254

As of 8 Sept, 8:37 pm IST · source ipowatch.in · unofficial, not exchange-sanctioned · indicative and may be inaccurate.

9 houses tracked: 2 positive · 1 cautious · 2 neutral · 0 negative · 4 unrated

Ratings as published by each house; links open the source. IPOSarthi does not rate IPOs.

• Rays of Belief Share Price, Stock Price - NSE/BSE Live

  NDTV Profit · 11 Sept, 4:45 am

• Rays of Belief IPO GMP, Grey Market Premium Today

  IPO Watch · 9 Sept, 7:22 pm

• LRSD Capital acquires 6.48% stake in Rays of Belief via IPO allotment

  scanx.trade · 9 Sept, 12:39 pm

• Rays of Belief IPO Listing Today: Check Share Price

  univest.in · 8 Sept, 12:13 pm

• Rays of Belief lists flat on NSE, BSE at its issue price on debut

  Motilal Oswal · 8 Sept, 11:31 am

What is the GMP of Rays of Belief IPO today?

As of 8 Sept, 8:37 pm IST, the grey market premium (GMP) of Rays of Belief IPO is ₹15 per share, about +6.3% over the upper price band of ₹239, which points to an indicative listing price near ₹254. GMP is an unofficial, off-exchange figure sourced from public trackers (ipowatch.in); it can change quickly and does not guarantee the listing price.

What is the lot size and minimum investment for Rays of Belief IPO?

One lot of Rays of Belief IPO is 62 shares. At the upper price band of ₹239, one lot costs ₹14,818, which is the minimum retail application. Retail investors can bid for up to 13 lots (₹1,92,634) within the ₹2 lakh retail cap. Small HNI (sNII) applications start at 14 lots (₹2,07,452) and big HNI (bNII) applications at 68 lots (₹10,07,624).

When is the Rays of Belief IPO allotment and listing date?

Rays of Belief IPO opened on 1 Sep 2026 and closed on 3 Sep 2026. The basis of allotment is expected on 4 Sep 2026, refunds / UPI unblocking on 7 Sep 2026, and the shares are expected to list on 8 Sep 2026 on BSE and NSE.

How many times is Rays of Belief IPO subscribed?

As of 3 Sept, 6:16 pm IST, Rays of Belief IPO is subscribed 108x overall — QIB 9.06x, bNII 304x, sNII 230x, Retail 196x. Figures come from exchange bid data via public trackers and update through the bidding window.

Should I apply for Rays of Belief IPO?

IPOSarthi does not make recommendations — this page only lays out the data. The grey market is currently pricing the issue at ₹15 above the upper band (+6.3%). The book is 108x subscribed overall. 9 broker houses have published a view: 2 positive, 1 cautious, 2 neutral, 0 negative, 4 unrated. Read the red herring prospectus, weigh the company's financials and valuation against your own goals and risk appetite, and consult a SEBI-registered investment adviser before applying. GMP and subscription are indicative, not a forecast of listing gains.

• HD Fire Protect IPOUpcoming · opens 13 Oct 2026GMP ₹75
• Fusion CX IPOUpcoming · opens 14 Oct 2026GMP ₹25
• Bonfiglioli Transmissions IPOUpcoming · opens 15 Oct 2026GMP ₹175
• Sahajanand Medical IPOUpcoming · opens 15 Oct 2026GMP ₹40