Rays of Belief IPO Allotment Chances
Category-wise allotment probability for Rays of Belief Mainboard IPO, estimated from live subscription data. Use the dropdown to check another IPO.
Rays of Belief IPO
Listed MainboardPrice Band
Rs 227 - 239
Lot Size
62 shares
Total Subscription
107.62x
Allotment Chances — Rays of Belief IPO
Retail
0.58%
(195.37x subscribed)
Low chance
S-HNI (2-10L)
0.44%
(229.61x subscribed)
Low chance
B-HNI (>10L)
1.6%
(303.82x subscribed)
Low chance
If 100 retail investors apply, approximately 1 will get allotment.
Estimated from current subscription data, calibrated against published basis-of-allotment results.
Actual allotment depends on the number of applications received and SEBI's allotment rules —
draw of lots for Retail, Employee and NII; proportionate for QIB.
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How these Rays of Belief figures are worked out
Chances start from 1 ÷ subscription times, corrected per category — B-HNI bid above ₹10 lakh but are allotted the same minimum NII lot as an S-HNI, so their real odds run several times better than the raw figure implies. The corrections are measured against published basis-of-allotment documents, not assumed. Read the full method and the measured figures, or see allotment chances for every open IPO.