Rays of Belief IPO Listing Price & GMP

Rays of Belief IPO listing price and gain

Listing gain is measured against the issue price. Prices are from the exchange.

Issue price	₹239

Rays of Belief IPO subscription status

The issue was subscribed 107.68x overall, as of 6 Sep 2026, 9:11 PM IST. Reserved and Applied are in lakh shares, from the exchange's bidding data. A dash means the category has no quota of its own; N/A means the exchange has not published it.

Category	Reserved (L)	Applied (L)	Sub.
QIB	18.3	165.77	9.06x
FIIs	—	29	—
Domestic FIs/Insurance	—	0.44	—
NII	7.85	2,189.57	279.10x
bNII (> ₹10L)	5.23	1,588.98	303.82x
sNII (₹2–10L)	2.62	600.59	229.67x
Retail	5.23	1,023.56	195.71x

Rays of Belief IPO dates: open, close, allotment and listing

Dates and times are in Indian time. Allotment and refund are worked out from the close date by SEBI's T+3 timeline, skipping trading holidays.

Milestone	Date
IPO opens	1 Sep 2026, 10:00 AM
IPO closes	3 Sep 2026, 5:00 PM
Allotment	4 Sep 2026 (expected)
Refund and share credit	7 Sep 2026 (expected)
Listing	8 Sep 2026 (confirmed)

Rays of Belief IPO price band, lot size and the amount you need

Price band	₹227 – ₹239
Lot size	62 shares
Smallest application	₹14,818
Issue size	₹125 Cr
Board	Mainboard
Listing on	NSE
Registrar	KFin Technologies Limited
Symbol	MOMSBELIEF

The amount each application size needs, at the upper price band:

Application	Lots	Shares	Amount
Retail (Min)	1	62	₹14,818
Retail (Max)	13	806	₹1,92,634
S-HNI (Min)	14	868	₹2,07,452
S-HNI (Max)	67	4,154	₹9,92,806
B-HNI (Min)	68	4,216	₹10,07,624

Rays of Belief IPO GMP before listing

We check the grey market about every hour and keep a new reading only when the value changes.

GMP	₹15
GMP as a share of the upper price band	6.3%
Indicative listing price	₹254
Last changed	24 Sep 2026, 9:20 PM IST

GMP is an unofficial figure from public grey-market trackers. No exchange or regulator issues it, and it can differ a lot from the listing price.

GMP day by day

Date	GMP	Share of upper band	Indicative price
24 Sep 2026	₹15	6.3%	₹254
6 Sep 2026	₹17	7.1%	₹256
3 Sep 2026	₹42	17.6%	₹281
2 Sep 2026	₹35	14.6%	₹274

Offer document

Read the Rays of Belief offer document (RHP or DRHP, as filed with SEBI and the exchange).

Check your Rays of Belief IPO allotment status

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Common questions

What is the Rays of Belief IPO price band and lot size?

The price band is ₹227 – ₹239 and the lot size is 62 shares. The smallest application is ₹14,818 at the upper price band.

When does the Rays of Belief IPO open and close?

It opened on 1 Sep 2026 at 10 AM and closed on 3 Sep 2026 at 5 PM.

What is the Rays of Belief IPO subscription status?

It was subscribed 107.68x overall as of 6 Sep 2026, 9:11 PM IST. The table above shows each category.

When is the Rays of Belief IPO allotment and listing date?

By SEBI's timeline the allotment is on 4 Sep 2026, refunds and share credit on 7 Sep 2026, and listing on 8 Sep 2026.

What is the Rays of Belief IPO GMP today?

Rays of Belief IPO GMP is ₹15, last changed on 24 Sep 2026, 9:20 PM IST. GMP is an unofficial grey-market figure.

Where do the numbers come from?

Dates, price band, lot size and subscription come from the exchanges and SEBI filings. GMP comes from public grey-market trackers. See the Data sources page.

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Rays of Belief IPO Listing Price, GMP & Details

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