Rays of Belief IPO Allotment Status: 3.63x Subscribed, Check Online
- September 3, 2026
- Posted by: Neeraj Pandey
- Category: IPO
Rays of Belief IPO closed 3 September 2026. Overall subscription 3.63x. Price band Rs 227 to Rs 239. Allotment 4 September 2026. Lists on BSE and NSE 8 September 2026.
Quick Answer: The Rays of Belief IPO bidding period has ended, with the issue subscribed 3.63 times overall as of 2 September 2026 (Day 2, last available update before close), led by the retail category at 6.51 times. The basis of allotment is expected to be finalised on 4 September 2026, after which investors can check their Rays of Belief IPO allotment status on the KFin Technologies Ltd. portal or on NSE. Shares are tentatively scheduled to list on BSE and NSE on 8 September 2026.
After receiving investor response through its bidding window, the Rays of Belief IPO subscription period closed on 3 September 2026. As of 2 September 2026 (Day 2, last available update before close), the issue had received a total subscription of 3.63 times. The public issue was subscribed 6.51 times in the individual/retail investors category, 0.00 times in the QIB category, and 0.39 times in the NII category. The allotment is scheduled for 4 September 2026. Investors can check their Rays of Belief IPO allotment status online once it is announced.
Log in to Univest to track your IPO applications
Rays of Belief IPO Allotment Status
The Rays of Belief IPO allotment is expected to be finalised on 4 September 2026, after which the company will credit shares to allottees demat accounts. KFin Technologies Ltd., the registrar of this IPO, will finalise the basis of allotment, with the issue eligible to list within the standard T+3 timeline. The public issue is expected to list within 3 trading days of the subscription window closing. Investors can check the Rays of Belief IPO allotment status on the official websites of NSE, as well as on the registrar portal.
Check Allotment Status On the Registrar Portal
The individual can visit the official portal of KFin Technologies Ltd. to learn about their allotment status. Follow the steps below to check the Rays of Belief IPO allotment status on the registrar portal.
Step 1: Visit the official registrar portal.
Step 2: Select Rays of Belief IPO from the menu.
Step 3: Select the option to check the allotment status using the application number, demat account, or PAN.
Step 4: Fill in the required details to proceed further.
Step 5: Enter the captcha and click on the submit button.
The Rays of Belief IPO allotment status will be displayed on your screen.
Track Rays of Belief and upcoming IPOs on the Univest Screener
Check Allotment Status On NSE
Step 1: Visit the official NSE website.
Step 2: Select Issue Type as Equity to proceed.
Step 3: Scroll down through the issue names and select Rays of Belief IPO.
Step 4: Choose the mode from application number or PAN.
Step 5: Submit your information.
The Rays of Belief IPO allotment status will be displayed on your screen.
IPO Details
| Detail | Information |
|---|---|
| IPO Open Date | 1 September 2026 |
| Face Value | Rs 10 per share |
| Price Band | Rs 227 to Rs 239 per share |
| Lot Size | 62 Shares |
| Issue Type | Bookbuilding Issue |
| Listing At | BSE and NSE |
| IPO Close Date | 3 September 2026 |
| Listing Date | 8 September 2026 |
Rays of Belief IPO Share Reservation
The Rays of Belief IPO is a book-building issue of Rs 125 crores. Shares of Rays of Belief will be listed on BSE and NSE. SEBI has specified the share reservation criteria for different investor categories, as set out below.
| Investor Category | Shares Offered | Shares Percentage |
|---|---|---|
| QIB Shares Offered | 39,22,500 | 75.00% |
| NII (HNI) Shares Offered | 7,84,500 | 15.00% |
| Retail Shares Offered | 5,23,000 | 10.00% |
| Total Shares Offered | 52,30,000 | 100.00% |
Download the Univest app to track IPO allotments and market updates
Rays of Belief IPO Timeline
| Event | Date |
|---|---|
| IPO Open Date | 1 September 2026 |
| IPO Close Date | 3 September 2026 |
| Allotment | 4 September 2026 |
| Refund Date | 7 September 2026 |
| IPO Listing Date | 8 September 2026 |
Note: For any queries related to the Rays of Belief IPO allotment, investors can reach out to KFin Technologies Ltd., the official registrar of the issue, through their website.
Grey Market Premium Disclaimer
Grey market premium (GMP) is an unofficial, unregulated indicator for the Rays of Belief IPO that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
Conclusion
The Rays of Belief IPO allotment is expected to be finalised on 4 September 2026. Investors are advised to check their Rays of Belief IPO allotment status through the KFin Technologies Ltd. portal, NSE, or their broker platform, and to track the tentative listing on BSE and NSE on 8 September 2026 for further updates.
Disclaimer: This article is for informational purposes only and should not be construed as investment advice. IPO investments are subject to market risk. Please read all scheme-related documents and the RHP carefully before applying. Univest Research Services Pvt. Ltd. is a SEBI-registered Research Analyst, Registration No. INH000013776. Past performance is not indicative of future returns.
What is the Rays of Belief IPO allotment date?
Ans. The Rays of Belief IPO allotment is expected to be finalised on 4 September 2026.
How do I check my Rays of Belief IPO allotment status?
Ans. You can check the Rays of Belief IPO allotment status on the KFin Technologies Ltd. portal, on NSE using your PAN or application number, or through your broker’s app.
What is the Rays of Belief IPO subscription status?
Ans. As of 2 September 2026 (Day 2, last available update before close), the Rays of Belief IPO was subscribed 3.63 times overall, with 6.51 times in the individual/retail investors category, 0.00 times in the QIB category, and 0.39 times in the NII category.
What is the Rays of Belief IPO refund process?
Ans. Investors who are not allotted shares in the Rays of Belief IPO will have their ASBA or UPI blocked funds released automatically, with refunds expected around 7 September 2026.
When will Rays of Belief IPO shares list on the exchange?
Ans. The Rays of Belief IPO is tentatively scheduled to list on BSE and NSE on 8 September 2026, subject to final confirmation from the exchanges.
What is the Rays of Belief IPO price band and lot size?
Ans. The Rays of Belief IPO price band was Rs 227 to Rs 239 per share with a lot size of 62 shares, requiring a minimum investment of approximately Rs 14,818 for retail investors.
Who is the registrar for the Rays of Belief IPO?
Ans. KFin Technologies Ltd. is the official registrar for the Rays of Belief IPO and is responsible for finalising the basis of allotment.
What is the grey market premium for the Rays of Belief IPO?
Ans. Grey market premium (GMP) for the Rays of Belief IPO is unofficial and unregulated. Investors looking for indicative data can go through other relevant sources.
