Live GMP boardLive market snapshot · 05 Sept, 16:44 IST

Rays of Belief

MainboardMainboardAllotment

GMP signal

₹9

+₹0 today

Est. listing₹248+3.8%over upper band ₹239

Price in ₹

Open1 Sep
Close3 Sep
Allot4 Sep
List8 Sep

1. Street rates

GMP: ₹9
Kostak: —
Subject to sauda: —
today: +₹0
7-day low: ₹9
7-day high: ₹9

Grey-market rates are unregulated and indicative. They are not a guarantee of listing price.

2. Day-wise GMP

DateGMPEst. listing priceEst. gain

05 Sept₹9₹248+3.8%

04 Sept₹9₹248+3.8%

03 Sept₹9₹248+3.8%

02 Sept₹9₹248+3.8%

01 Sept₹9₹248+3.8%

31 Aug₹9₹248+3.8%

30 Aug₹9₹248+3.8%

One reading per daily scan — the tape builds from the day an issue enters the radar.

3. Demand tape

Total subscription107.7×

1× issue size50×

4. Dates that matter

Open1 Sep 2026
Close3 Sep 2026
Allot4 Sep 2026Today
List8 Sep 20262 days to go

6. Radar log

16:44GMP moved ₹9 → ₹9
16:44Total subscription is 107.7×

7. Application ladder

CategoryLotsSharesAmount

Retail (min)162₹14,818

Retail (max)13806₹1,92,634

S-HNI (min)14868₹2,07,452

B-HNI (min)684,216₹10,07,624

Retail cap ₹2 lakh · S-HNI above ₹2 lakh · B-HNI above ₹10 lakh.

8. Quick answers

What is Rays of Belief's GMP today?

The grey market is quoting ₹9 — about 3.8% over the upper band.

What is the expected listing price of Rays of Belief?

Upper band ₹239 plus the current GMP points to an indicative listing near ₹248. GMP is unofficial and can change any day.

What is the lot size and minimum application for Rays of Belief?

One lot is 62 shares — about ₹14,818 for a minimum application.

When does Rays of Belief list?

The tentative listing date is 8 Sep 2026.

9. Nearby on radar

CompanyGMPIndicative upsideLists on

Kwick Forensic SolutionsSME IPO₹78+86.7%3 Sep Hy-Tech EngineersMainboard₹39+73.6%1 Sep ESDS Software SolutionMainboard₹311+72.5%4 Sep

Scanning the grey market…