Rays of Belief IPO Live Subscription Status
Real-time subscription data from BSE & NSE with category-wise breakdowns
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🎟️ Allotment Status
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Listed at BSE & NSE · Registrar: Kfin Technologies Ltd.
Price: ₹227 - ₹239
Lot: 62
Min: ₹14,818
Period: 01 Sept - 03 Sept
Subscribed
107.62x
Total Demand
₹8,071 Cr
Applications
—
Subscription (Shares)
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 18,30,310 | 1,65,76,630 | 9.06 |
| NII | 7,84,500 | 21,89,42,212 | 279.09 |
| bNII (>10 Lakh) | 5,23,000 | 15,88,98,374 | 303.82 |
| sNII (2-10 Lakh) | 2,61,500 | 6,00,43,838 | 229.61 |
| Retail | 5,23,000 | 10,21,78,604 | 195.37 |
| TOTAL | 31,37,810 | 33,76,97,446 | 107.62 |
Application Breakup
| Category | Reserved | Applications | Times |
|---|---|---|---|
| NII | 904 | 2,52,238 | 279.02 |
| bNII (>10 Lakh) | 603 | 37,689 | 62.50 |
| sNII (2-10 Lakh) | 301 | 69,175 | 229.82 |
| Retail | 8,435 | 16,48,042 | 195.38 |
| TOTAL | 10,243 | 20,07,144 | 195.95 |
Subscription (Crores)
| Category | Offered | Demand | Times |
|---|---|---|---|
| QIB | 43.74 | 396.18 | 9.06 |
| NII | 18.75 | 5,232.72 | 279.09 |
| bNII (>10 Lakh) | 12.50 | 3,797.67 | 303.82 |
| sNII (2-10 Lakh) | 6.25 | 1,435.05 | 229.61 |
| Retail | 12.50 | 2,442.07 | 195.37 |
| TOTAL | 74.99 | 8,070.97 | 107.62 |
Subscription by Category
1× = fully subscribed · capped 10×
Estimated Allotment Chance
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.
Disclaimer: Subscription data is sourced from BSE and NSE.
Please verify with official exchange websites before making any investment decisions.
This information is for educational purposes only and should not be construed as investment advice.
Rays of Belief IPO Subscription — Detailed Analysis
Where Rays of Belief Subscription Stands Today
Rays of Belief IPO has been subscribed 107.62 times overall — a heavily oversubscribed level that signals strong investor demand and improves the prospects of a positive listing day.
Rays of Belief IPO Subscription — FAQs
Rays of Belief IPO is currently subscribed 107.62 times overall.
Rays of Belief IPO is open for subscription from September 01, 2026 to September 03, 2026.
The price band for Rays of Belief IPO is ₹227 - ₹239 per share.
New to subscription data? The hub explains what QIB, NII and Retail mean and how to read the table. For allotment odds from these numbers, see the allotment chances calculator or our IPO allotment process explainer.
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