Join Telegram

Open IPOs Rights Issues Live GMP Telegram ↗

LIVE

Core4 EngineersOPEN · Sub 0.07×Bombay Coated and Special SteelsUPCOMING M.K.Sons Fine JewelsUPCOMING · GMP ₹0.00 SFC EnvironmentalUPCOMING BLS PolymersUPCOMING · GMP ₹38.00 EAAA India AlternativesUPCOMING · GMP ₹0.00 Jio PlatformsALLOTMENT STAGE · Sub 12.45×Core4 EngineersOPEN · Sub 0.07×Bombay Coated and Special SteelsUPCOMING M.K.Sons Fine JewelsUPCOMING · GMP ₹0.00 SFC EnvironmentalUPCOMING BLS PolymersUPCOMING · GMP ₹38.00 EAAA India AlternativesUPCOMING · GMP ₹0.00 Jio PlatformsALLOTMENT STAGE · Sub 12.45×

24 Oct 2026, 04:43 AM IST

Home / IPO / Rays of Belief

LISTEDSME100% source confidence

Rays of Belief IPO

Open 1 Sep 2026 · Close 3 Sep 2026 · Listing 8 Sep 2026

Price Band₹227.00–₹239.00

Live GMP₹13.00

Subscription107.71×

Issue Size₹125.00 Cr

OverviewOverview SubscriptionSubs.107.71×GMPGMP₹13.00 AllotmentAllot.4 Sep 2026

Timeline Lot Size Reservation Company Objectives Financials KPIs Valuation Peers Registrar Lead Managers Documents Recommendations

Peer Comparison

Company	Size	Revenue	Pat	Pe
Rays of Belief IPO	₹ 125.00 Cr.	₹ 81.66 Cr.	₹ 4.96 Cr.	100.84 x
Molbio Diagnostics IPO	₹ 939.70 Cr.	₹ 1,445.68 Cr.	₹ 164.14 Cr.	56.67 x
Manipal Health IPO	₹ 9,275.22 Cr.	₹ 10,335.75 Cr.	₹ 916.52 Cr.	84.65 x
Gaudium IVF IPO	₹ 165.00 Cr.	₹ 99.48 Cr.	₹ 25.00 Cr.	22.99 x

IPO UPDATE ALERTS

Track Rays of Belief without missing an update

Register for subscription, GMP, allotment and listing notifications.

Register for IPO Updates →