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Rays of Belief IPO GMP

Listed

Healthcare · Listed on BSE , NSE · 01 Sept 2026 - 03 Sept 2026

Jagat JoshiJagat Joshi
November 1, 2026
Issue Size
125.00 Cr
Price Band
₹227.00 - ₹239.00
Lot Size
62 Shares
Min Investment
₹14,818
GMP
₹15
Subscription
107.71x
₹8,077.71 Cr
IPO Timeline
IPO OpensDONE
01 Sept 2026
IPO ClosesDONE
03 Sept 2026
Basis of AllotmentDONE
04 Sept 2026
RefundsDONE
07 Sept 2026
Demat CreditDONE
07 Sept 2026
ListingDONE
08 Sept 2026

About Rays of Belief IPO

Rays of Belief IPO open date is September 1, 2026 and the IPO will close on September 3, 2026. Rays of Belief IPO is a Book-build Issue. The company to raise around ₹125 crores via IPO that comprises fresh issue of ₹125 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Rays of Belief IPO price band is ₹227 to ₹239 per share. The retail quota is 10%, QIB is 75%, and HNI is 15%. Rays of Belief IPO to list on BSE, NSE on September 8, 2026. The allotment of Rays of Belief IPO date is September 4, 2026.

The company reported revenue of ₹82.06 crores in 2026 against ₹36.54 crores in 2025. The company reported profit of ₹4.96 crores in 2026 against profit of ₹5.88 crores in 2025.

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Day-wise GMP Trend

Date & TimeGMP (₹)Est. Listing PriceEst. Gain (%)Est. Profit / Lot (₹)
08-Sep-2026 06:00 PM+₹15₹254+6.28%₹930
07-Sep-2026 06:00 PM+₹20₹259+8.37%₹1,240
04-Sep-2026 06:00 PM+₹18₹257+7.53%₹1,116
02-Sep-2026 06:00 PM+₹38₹277+15.90%₹2,356
01-Sep-2026 06:00 PM+₹48₹287+20.08%₹2,976
31-Aug-2026 06:00 PM+₹30₹269+12.55%₹1,860
29-Aug-2026 06:00 PM+₹25₹264+10.46%₹1,550
28-Aug-2026 06:00 PM+₹10₹249+4.18%₹620

Rays of Belief IPO GMP is ₹15 updated as of 08-Sep-2026 06:00 PM. The estimated listing gain for Rays of Belief is 6.28% with an estimated profit of ₹930 per applied lot. Based on the latest GMP, the IPO may list at ₹254.

Rays of Belief GMP touched a high of ₹48 on 01 Sept 2026, while the lowest GMP of ₹10 was recorded on 28 Aug 2026.

The GMP is available with historical trend, estimated listing price and day-wise grey market movement. The IPO GMP is an unofficial indicator that reflects investor-market sentiment, and demand for an IPO in unofficial market before listing. However, it may fluctuate based on investor demand, market conditions and overall sentiment.

Disclaimer:

The IPO GMP and estimated listing price mentioned on this page are provided for informational and educational purposes only. The grey market is unofficial and unregulated and can change without notice.

We do not buy or sell IPO applications in the grey market. Investors should not subscribe to an IPO based on GMP. Please do your own research and consider the company’s fundamentals, financial information, valuation, and risk factors before investing in an IPO.

Stock market investments are subject to market risks. Please read all offer-related documents carefully before investing.

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Rays of Belief IPO Lot Size & Estimated Profit

ApplicationLotsSharesEst. Profits (₹)
Individual investors (Retail) (Min)162+₹930
Individual investors (Retail) (Max)13806+₹12,090
S-HNI (Min)14868+₹13,020
S-HNI (Max)674,154+₹62,310
B-HNI (Min)684,216+₹63,240

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