Rays of Belief IPO GMP Today, Price & Details
Rays of Belief IPO GMP Today, Price Band, Subscription Status, Allotment & Listing Details
About Rays of Belief
Rays of Belief is planning to raise capital through an mainboard initial public offering (IPO) on the NSE. The shares are being offered at a price band of ₹227 to ₹239 with a face value of ₹10 per share. Retail investors can apply for a minimum of 62 shares (1 lot), requiring an investment of ₹14,818. The total issue size is ₹125.00 Cr. The IPO opens on 01 Sep 2026 and closes on 03 Sep 2026. The company reported revenue of ₹82.06 Cr with PAT of ₹4.96 Cr. The IPO registrar is Kfin Technologies Ltd..
Rays of Belief IPO Details
| Company Name | Rays of Belief |
|---|---|
| IPO Type | MAINBOARD |
| Exchange | NSE |
| Price Band | ₹227 - ₹239 |
| Face Value | ₹10 per share |
| Lot Size | 62 shares |
| Min Investment | ₹14,818 |
| Total Issue Size | ₹125.00 Cr |
|---|---|
| Fresh Issue | ₹125.00 Cr |
| Registrar | Kfin Technologies Ltd. |
| Lead Manager | Mefcom Capital Markets Ltd. |
| IPO Status | Upcoming |
Rays of Belief IPO Dates
Rays of Belief IPO GMP Today
The Grey Market Premium (GMP) for Rays of Belief IPO is ₹8, indicating an expected listing at ₹247 (+3.3% premium).
📈 Rays of Belief GMP Trend (Last 3 Days)
| Date | GMP (₹) | Est. Listing (₹) | Sauda Rate (₹) | Change |
|---|---|---|---|---|
| 29 Aug 2026 | +₹8 | ₹247 | ₹500 | - |
| 28 Aug 2026 | +₹12 | ₹251 | ₹8,211 | ▲ +₹4 |
| 27 Aug 2026 | +₹18 | ₹257 | ₹8,211 | ▲ +₹6 |
Rays of Belief IPO — Key Highlights
- Rays of Belief is a mainboard IPO listing on NSE with a price band of ₹227 to ₹239 per share.
- The total issue size is ₹125.00 Cr.
- Minimum lot size of 62 shares, requiring ₹14,818 investment.
- Revenue of ₹82.06 Cr with PAT of ₹4.96 Cr.
- P/E ratio of 100.84x.
- GMP of ₹8 (+3.3%).
Rays of Belief Financial Performance
| Revenue | ₹82.06 Cr |
|---|---|
| PAT | ₹4.96 Cr |
| EPS | ₹2.37 |
Rays of Belief IPO Valuations & Key Metrics
Valuation Ratios
| EPS | ₹2.37 |
|---|---|
| P/E Ratio | 100.84x |
| Debt/Equity | 0.000 |
Return Metrics
Rays of Belief IPO Lead Manager & Registrar
Book Running Lead Manager
Mefcom Capital Markets Ltd.
IPO Registrar
Kfin Technologies Ltd.
Rays of Belief IPO — Frequently Asked Questions
What is Rays of Belief IPO GMP today?
As of today, the Grey Market Premium (GMP) for Rays of Belief IPO is ₹8 per share, indicating a potential listing premium of 3.3% above the issue price of ₹239.
What is the price band and lot size of Rays of Belief IPO?
Rays of Belief IPO has a price band of ₹227 to ₹239 per equity share with a face value of ₹10. The minimum lot size is 62 shares, requiring a minimum investment of ₹14,818 at the upper band.
What are the important dates for Rays of Belief IPO?
Rays of Belief IPO opens for subscription on 01 Sep 2026 and closes on 03 Sep 2026. Allotment is expected on 04 Sep 2026. The shares are expected to list on NSE on 08 Sep 2026.
How can I apply for Rays of Belief IPO?
You can apply for Rays of Belief IPO through your bank's net banking ASBA facility or via UPI-based application through any stockbroker platform. Ensure you have sufficient funds in your bank account as the amount will be blocked until allotment. The registrar for this IPO is Kfin Technologies Ltd..