
Rays of Belief
MainBoardListedMin Investment
₹ 14,818
Listing Price
₹ 239
Listing Gain
0.00%
Subscription
128.19x
IPO Overview
Issue price₹227-239 per equity share
Lot size62 shares
Face value₹10 per equity share
Min Quantity62 shares
Issue size₹125 Cr
Fresh issue52,30,000 shares(up to ₹125 Cr)
Listing atBSE,NSE
Listing dateSep 8, 2026
RegistrarKFIN TECHNOLOGIES LIMITED
Lead manager(s)Mefcom Capital Markets Limited
IPO Timeline
Bidding: 10:00:00 – 17:00:00
Bidding StartsSep 1, 2026
Bidding EndsSep 3, 2026
AllotmentSep 4, 2026
ListingSep 8, 2026
Application Wise Breakup (Approx.)
IPO Reservation
Anchor Investor40%
QIB35%
NII (HNI)15%
bHNI > ₹10L10.01%
sHNI < ₹10L5%
Retail10%
Market Lot Size
| Application | Investment Amount | Lots | Shares |
|---|---|---|---|
Retail (min)Min | ₹14,818 | 1 | 62 |
sHNI(min)Min | ₹2,07,452 | 14 | 868 |
bHNI(min)Min | ₹10,07,624 | 68 | 4,216 |
