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Rays of Belief

NSE/BSE Symbol: ROB Overall Subscription: 0.85x
GREY MARKET PREMIUM (GMP)*
₹0 +0% Indicative Listing Gain*
Est. Listing Price*: ₹239
* Indicative quote based on unofficial grey market updates. Refreshed: 24 Aug, 19:29 IST.
Price Band ₹239 - ₹239
Lot Size 60 Shares
Issue Size ₹35.85 Cr
Min. Retail Investment ₹14,340
🧮 Interactive Lot Calculator 🔗 Official Allotment Status Link
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About Rays of Belief

Rays of Belief is an established Indian enterprise operating across domestic and global markets. The company is raising capital through this public issue for expansion, working capital, and strategic growth.

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Interactive IPO Investment & Listing Estimator*

Calculate application amount, shares, indicative listing gains & lottery allotment chances

Mainboard Tier
60 Shares
Cut-Off: ₹239
🎲 Retail Allotment Probability 100% Chance

Ratio: 1 in 1 (Full Allotment Expected) (Retail Demand: 0.77x)

Mathematical estimation based on lottery draw allocation rules.
APPLICATION ESTIMATE
Total Applied Shares: 60
Total Application Amount: ₹14,340
Current Grey Market Premium (GMP): ₹0 / share
Est. Listing Price*: ₹239
INDICATIVE LISTING GAIN ESTIMATE*
+₹0 (+0.0%)
* Calculation is mathematical arithmetic based on prevailing unofficial GMP quotes. Grey market rates carry no official guarantee and do not ensure listing gains.

📊 Live Bidding Subscription Multiples

Total: 0.85x

Real-time demand subscription multiples across Qualified Institutional, HNI, and Retail investor quotas.

Qualified Institutional Buyers (QIB) 1.53x
Non-Institutional Investors (NII / HNI) 1.02x
Retail Individual Investors (RII) 0.77x

Financial Summary (in ₹ Crore)

Financial Metric Latest Value (₹ Cr) Health Indicator
Total Revenue ₹86.04 Cr Profitable
Profit After Tax (PAT) ₹10.32 Cr Positive Margin
Net Worth ₹55.93 Cr Adequate Capital

❓ Frequently Asked Questions about Rays of Belief

What is the lot size for Rays of Belief IPO? ▾

The minimum market lot for Rays of Belief IPO is 60 shares, requiring a minimum retail application of approximately ₹14,340.

What is the current Grey Market Premium (GMP) of Rays of Belief IPO? ▾

As per current market updates, the Grey Market Premium (GMP) of Rays of Belief IPO is ₹0 per share, indicating an estimated listing price of ₹239 (0.0% listing gain).

Who is the official registrar for Rays of Belief IPO? ▾

Link Intime is the official registrar for Rays of Belief IPO. You can check your allotment status directly on their online portal.