IPO Price History
Closed
Rays of Belief Ltd. logo

Rays of Belief Ltd. IPO

Mainboard IPOListedMOMSBELIEFBSE, NSE
Current Market Price (CMP)
₹264.09(+10.50%)
Sector: Hospital & Healthcare Services
Current Price (CMP)
₹264.09(+10.50%)

Live Market Quote

Listing Price & Gain
₹228.34(-4.46%)

Day 1 Exchange Open

IPO Issue Price
₹239

Band: ₹227 - ₹239

Total Subscription
107.71x

Overall Bid Demand

Total Issue Size
₹125 Cr

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
01 Sept 2026
IPO Bidding Closes
03 Sept 2026
Allotment & Refunds
04 Sept 2026
Exchange Listing Day
08 Sept 2026

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 107.71x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)9.06x
Non-Institutional Investors (NII / HNI)279.11x
Retail Individual Investors (RII)195.87x
Total Subscription107.71x
Updated as on 03-Sep-2026 19:00:00

Listing Day & Return Performance

Listing Day Gain-4.46%
₹239 (Issue) → ₹228.34 (List)
Per share profit: ₹-10.66
Holding Return (Till Date)+10.50%
₹239 (Issue) → ₹264.09 (CMP)
Net gain per share: +₹25.09
Post-Listing Performance (Listing Day → Today):+15.66%

About Rays of Belief Ltd. IPO

Rays of Belief Ltd. is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 01 Sept 2026 and concluded on 03 Sept 2026, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹227 - ₹239. The aggregate issue size was approximately ₹125 crore. The company operates primarily within the Hospital & Healthcare Services sector.

During the bidding window, Rays of Belief Ltd. witnessed heavy demand with an overall subscription of 107.71 times. Institutional investors (QIB) subscribed 9.06x, non-institutional high-net-worth investors (NII) subscribed 279.11x, and retail individual investors (RII) bid 195.87x their reserved quota.

The equity shares of Rays of Belief Ltd. officially debuted on the stock exchanges on 08 Sept 2026 at an opening listing price of ₹228.34, delivering a listing day return of -4.46% (discount) over the final issue price. As per the latest market data, the stock trades at ₹264.09, representing an overall gain of +10.50% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Rays of Belief Ltd. IPO?
The issue price of Rays of Belief Ltd. IPO was fixed at ₹239 per equity share. The indicative bidding price band was ₹227 - ₹239.
What was the total issue size of Rays of Belief Ltd. IPO?
The total issue size of Rays of Belief Ltd. IPO was approximately ₹125 crore.
What were the open, close, and listing dates for Rays of Belief Ltd. IPO?
Rays of Belief Ltd. IPO opened on 01 Sept 2026, closed on 03 Sept 2026, listed on 08 Sept 2026.
How much was Rays of Belief Ltd. IPO subscribed?
The IPO received an overall subscription of 107.71 times. Category-wise, QIBs subscribed 9.06x, NIIs subscribed 279.11x, and Retail investors subscribed 195.87x.
What was the listing price and listing gain of Rays of Belief Ltd. IPO?
Rays of Belief Ltd. IPO listed on the stock exchange at ₹228.34, delivering a listing discount of 4.46% compared to the IPO issue price of ₹239.
Is Rays of Belief Ltd. IPO a Mainboard or SME IPO?
Rays of Belief Ltd. IPO is a Mainboard IPO listed on the main exchange of BSE, NSE.
What is the current return of Rays of Belief Ltd. IPO since its IPO?
At the latest market quote of ₹264.09, Rays of Belief Ltd. IPO has generated an all-time return of +10.50% since its initial public offering.

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