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.
Live IPO subscription for Rays Of Belief IPO across categories. Total demand ₹33.80 Cr vs offered ₹31.38 L.
| Category | Offered | Placed | Times |
|---|---|---|---|
| QII | 18,30,310 | 1,65,76,630 | 9.06 |
| NII | 7,84,500 | 21,89,65,648 | 279.11 |
| NII (>10L) | 5,23,000 | 15,88,98,374 | 303.82 |
| NII (<10L) | 2,61,500 | 6,00,67,274 | 229.70 |
| Retail | 5,23,000 | 10,24,37,330 | 195.86 |
| Total | 31,37,810 | 33,79,79,608 | 107.71 |
| Category | Offered | Placed | Times |
|---|---|---|---|
| HNI (>10L) | 602 | 37,446 | 62.20 |
| HNI (3-10L) | 301 | 67,184 | 223.20 |
| Retail | 8,435 | 1,461,357 | 173.25 |
| Total | 9,338 | 1,565,987 | 167.70 |
How to read QIB / NII / Retail demand and what it implies.