IPONOVA — India's IPO Intelligence Platform

Rays of Belief Ltd IPO

Listed · Mainboard · BSE, NSE

Last updated:  ·  Compiled by IPONOVA Editorial Desk  ·  How we source data

IPO Details

Price Band₹227.00–₹239.00
Lot Size62 shares
Issue Size₹125 Cr
Open Date01 Sep 26
Close Date03 Sep 26
Listing Date08 Sep 26
ExchangeBSE, NSE
Subscription107.71x

About Rays of Belief Ltd

Rays of Belief Ltd. is a for-profit social enterprise providing personalised intervention plans for children with Neurodevelopmental Disorders (NDDs).

Anchor Investor Allotment

Total Investors5
Total Shares2,092,190
Total Allocation100.00%
Total Investment₹50.00 Cr
Allotment Date04 Sep 2026
30-Day Lock-in Ends21 Oct 2026
90-Day Lock-in Ends15 Jan 2027
Anchor Investor Name Eq. Shares Allocation % Bid Price Investment Amount 30-Day Lock-in 90-Day Lock-in
VINEY GROWTH FUND 627,626 30.00% ₹239.00 ₹15.00 Cr 21 Oct 2026 15 Jan 2027
LRSD SECURITIES PVT LTD 627,626 30.00% ₹239.00 ₹15.00 Cr 21 Oct 2026 15 Jan 2027
NOVA GLOBAL OPPORTUNITIES FUND PCC TOUCHSTONE 418,438 20.00% ₹239.00 ₹10.00 Cr 21 Oct 2026 15 Jan 2027
31 DEGREES NORTH FUND-31 DEGREES NORTH FUND I 209,250 10.00% ₹239.00 ₹5.00 Cr 21 Oct 2026 15 Jan 2027
VISIONARY VALUE FUND 209,250 10.00% ₹239.00 ₹5.00 Cr 21 Oct 2026 15 Jan 2027
TOTAL (5 investors) 2,092,190 100.00% ₹50.00 Cr

Lock-in dates calculated from allotment date (30 & 90 calendar days, adjusted to next NSE trading day as per exchange holiday calendar).

Frequently Asked Questions

When does the Rays of Belief Ltd IPO open and close?
The Rays of Belief Ltd IPO opens for subscription on 01 Sep 26. It closes on 03 Sep 26.
What is the price band of Rays of Belief Ltd IPO?
The price band of Rays of Belief Ltd IPO is ₹227.00 to ₹239.00 per share.
What is the minimum lot size for Rays of Belief Ltd IPO?
The minimum lot size for Rays of Belief Ltd IPO is 62 shares, requiring a minimum investment of ₹14,818.
When will Rays of Belief Ltd list on stock exchanges?
Rays of Belief Ltd is expected to list on BSE, NSE on 08 Sep 26.
How can I check Rays of Belief Ltd IPO allotment status?
You can check Rays of Belief Ltd IPO allotment status on IPONOVA after the basis of allotment is finalized, or via the registrar's website using your PAN number, application number, or DP/Client ID.
How to apply for Rays of Belief Ltd IPO?
You can apply for Rays of Belief Ltd IPO through your broker's app (Zerodha, Groww, Upstox, etc.) or via UPI-enabled net banking using ASBA. Submit the application during the IPO subscription window with the price within the band ₹227.00 to ₹239.00 per share.

Data Sources & Verification

This page aggregates publicly available data for the Rays of Belief Ltd IPO from the following authoritative sources:

Subscription, allotment and listing data is refreshed throughout each IPO's issue window directly from the exchanges and registrars listed above. Always read the official offer document (RHP) before applying. For corrections, contact IPONOVA Editorial Desk.

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Disclaimer: IPONOVA is an information platform only. We are not SEBI-registered investment advisors. All data is presented for educational and informational purposes and is sourced from publicly available filings on BSE, NSE and SEBI. Investment in securities market is subject to market risks. Read all related documents carefully before investing. Past performance is not indicative of future returns. Please consult a SEBI-registered investment advisor before making any investment decisions.