Rays of Belief IPO
Allotment Status
Registrar: KFintech
Issue price
₹239
Listing price
₹239
Last GMP (₹)
₹13
GMP estimate
+5.44%
Actual listing gain
+0.00%
Return per lot
+₹0
GMP vs listing performance
GMP pointed to +5.44% but the stock listed at +0.00% — 5.4% lower than estimated.
Listing gain calculator
Estimate profit or loss based on actual listing performance
- Investment
- ₹14,818
- Listing value
- ₹14,818
- Listing gain
- +0.00%
- Profit (1 lot)
- +₹0
Based on issue price ₹239 × 62 shares per lot. Listing price ₹239. Excludes taxes, DP charges, and selling costs.
Listing results from exchange debut data where recorded. See GMP accuracy report · How we track this
Rays of Belief IPO — Quick Analysis
Rays of Belief IPO listed on 8 Sept 2026 at an issue price of ₹239, gained 0.0% on listing day. It listed near its issue price. The issue was subscribed 107.71x overall.
Overview
Rays of Belief is a recently listed Mainboard IPO in India, raising ₹125.00 Cr, with shares offered around ₹239. The stock has listed with a +0.0% debut move versus the issue price. For business fundamentals, revenue trends, and use of proceeds, read the RHP on SEBI or NSE/BSE — we summarise market metrics, not audited financials.
GMP and subscription figures are unofficial market data, refreshed twice daily for active IPOs. Last updated 3 Sept 2026, 05:54 pm IST. How we source data · Disclaimer
Strengths
- Subscribed 107.71x — strong demand.
- Positive GMP of ₹13 (+5.4%).
- Mainboard listing — deeper liquidity on NSE/BSE.
Risks
- Listing price can fall below issue price despite positive GMP.
- GMP is unofficial — not a confirmed listing outcome.
FAQ
Rays of Belief IPO questions
- What is Rays of Belief IPO price?
- ₹239 per share. Confirm in the RHP before applying.
- What is Rays of Belief IPO GMP?
- ₹13 (+5.4%). Unofficial — changes daily.
- When is Rays of Belief allotment?
- Expected around 4 Sept 2026. Check the registrar link on this page.