MainboardListed
Rays of Belief IPO Listing Price, GMP History
Listing results, recorded GMP and issue details
- Reported listing price
- ₹239
- Reported listing gain
- 0.00%
- Issue price
- ₹239
- Historical GMP
- ₹15
Recorded grey market premium
GMP return+6.28%+₹15 per share
- Historical listing estimate
- ₹254
- GMP-implied amount per lot
- +₹930
- Issue price / upper band
- ₹239
- Total subscription
- 107.71x
IPO dates & allotment schedule
- Offer opens01 Sept 2026
- Offer closes03 Sept 2026
- Scheduled allotment04 Sept 2026
- Scheduled listing08 Sept 2026
Allotment and listing dates are scheduled milestones. Check the registrar for released allotment results; the calendar alone does not confirm release.
Rays of Belief IPO details
- Company
- Rays of Belief
- Market segment
- Mainboard
- Price band
- ₹227–₹239
- Issue size
- ₹125 crore
- Shares per lot
- 62
- Cost of one lot
- ₹14,818
- Offer status
- Listed
About Rays of Belief and its IPO
Rays of Belief is a Mainboard IPO with an issue size of ₹125 crore. The offer window was 01 Sept 2026 to 03 Sept 2026. The price band is ₹227–₹239 per share, with 62 shares per lot.
Rays of Belief has a reported listing price of ₹239 on 08 Sept 2026. Its issue price or upper band was ₹239.
Lot size & investment amounts
| Lots | Shares | Amount | GMP-implied amount |
|---|---|---|---|
| 1 | 62 | ₹14,818 | +₹930 |
| 2 | 124 | ₹29,636 | +₹1,860 |
| 5 | 310 | ₹74,090 | +₹4,650 |
These are arithmetic examples, not investor-category eligibility limits. Minimum application lots, category limits and discounts must be checked in the offer document.
GMP history
| Recorded | GMP | GMP % | Est. listing |
|---|---|---|---|
| 08 Oct 2026, 19:47 | +₹15 | +6.28% | ₹254 |
| 07 Oct 2026, 21:41 | +₹15 | +6.28% | ₹254 |