Question 1

What is the Rays Of Belief Limited IPO?

Accepted Answer

The Rays Of Belief Limited IPO is a mainboard Initial Public Offering where Rays Of Belief Limited is offering its shares to the public for the first time. The issue size is ₹52 lakhs with a price band of ₹227-239. This allows retail and institutional investors to become shareholders in the company.

Question 2

When will Rays Of Belief Limited IPO open?

Accepted Answer

The Rays Of Belief Limited IPO is currently open for subscription. It opened on 01 September 2026 and will close on 03 September 2026. You can apply through your broker's trading platform, internet banking, or UPI apps before the closing time.

Question 3

What is the lot size of Rays Of Belief Limited IPO?

Accepted Answer

The lot size for Rays Of Belief Limited IPO is 62 shares, which means the minimum investment required is approximately ₹14,818 (62 shares × ₹227-239). Retail investors can apply for one or more lots, but applying for a single lot typically gives better allotment chances during oversubscription.

Question 4

How to apply for Rays Of Belief Limited IPO?

Accepted Answer

You can apply for the Rays Of Belief Limited IPO through multiple channels: 1) Online broker platforms like Zerodha, Groww, Angel One, Upstox (most convenient); 2) Internet banking using ASBA facility; 3) Through your bank branch. You'll need a Demat account, linked bank account, PAN card, and sufficient funds. The application process involves selecting the IPO, choosing number of lots, selecting bid price (or cutoff), and authorizing the payment via UPI mandate. Apply before the closing date to participate.

Question 5

When is Rays Of Belief Limited IPO allotment?

Accepted Answer

The Rays Of Belief Limited IPO allotment is expected on Expected 5-7 days after closing. You can check your allotment status on the registrar's website (Link Intime, KFintech, or Bigshare) using your PAN number, application number, or Demat details. Allotted shares will be credited to your Demat account before the listing date. If you don't get allotment, your blocked amount will be unblocked automatically.

Question 6

When is Rays Of Belief Limited IPO listing date?

Accepted Answer

The Rays Of Belief Limited IPO is expected to be listed on 08 September 2026 on BSE and NSE. On listing day, shares will start trading on the stock exchanges, and you can sell your allotted shares or hold them for long-term investment based on your strategy. Listing price depends on market demand and may be above, below, or at the issue price.

Question 7

What is the estimated profit on Rays Of Belief Limited IPO for retail investors?

Accepted Answer

Based on the current Grey Market Premium (GMP) of ₹48, the estimated profit for retail investors is approximately 20.1% or ₹48 per share. For one lot (62 shares), the potential listing gain would be around ₹2,976. However, please note that GMP is not guaranteed and actual listing price may differ. Listing gains depend on market conditions, demand-supply, company fundamentals, and overall market sentiment on listing day.

Application	Lots	Shares	Amount
Retail(min) Retail Individual Investors - Investment up to ₹2 lakhs (min 1 lot)	1	62	₹14,818
Retail(max) Retail Individual Investors - Investment up to ₹2 lakhs (min 1 lot)	13	806	₹1.93L
SHNI(min) Small HNI - Investment between ₹2 lakhs and ₹10 lakhs	14	868	₹2.07L
SHNI(max) Small HNI - Investment between ₹2 lakhs and ₹10 lakhs	67	4,154	₹9.93L
BHNI(min) Big HNI - Investment above ₹10 lakhs	68	4,216	₹10.08L

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