IPO market

Rays Of Belief IPO is a Mainboard IPO. Issue size is ₹125 Cr. Price band is ₹227 to ₹239 per share. Minimum investment is ₹14,818. Lot size is 62 shares. Open from 1 Sept 2026 to 3 Sept 2026. on 4 Sept 2026. Listing on 8 Sept 2026 at BSE, NSE. Managed by Mefcom Capital Markets Ltd. Registrar: Kfin Technologies Limited. Key details for GMP, subscription, price, , and listing in one place.
Price band, lot, minimum application, and issue window at a glance.
Subscription, allotment, refund, share credit, and listing milestones.
| Category | Lots | Shares | Amount | At Par |
|---|---|---|---|---|
| Retail (Min) | 1 | 62 | ₹14,818 | — |
| Retail (Max) | 13 | 806 | ₹1,92,634 | — |
| S-HNI (Min) | 14 | 868 | ₹2,07,452 | — |
| S-HNI (UPI) | 33 | 2,046 | ₹4,88,994 | — |
| S-HNI (Max) | 67 | 4,154 | ₹9,92,806 | — |
| B-HNI (Min) | 68 | 4,216 | ₹10,07,624 | — |
| SHA (Max) | 13 | 806 | ₹1,92,634 | — |
Profit based on the official listing price for each investor category.
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Rays Of Belief IPO
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Reserved portion of the issue by investor category (break data).