Rays of Belief IPO GMP Today
The Rays of Belief IPO GMP is ₹15 (+6.3% over the upper price band of ₹239) as of 8 Sep 2026, giving an estimated listing price of ₹254 per share. On a minimum application of 62 shares, that is an estimated gain of ₹930. GMP has risen by ₹15 since tracking began on 20 Aug.
Last updated
- Issue Price
- ₹239
- GMP
- ₹15
- GMP %
- +6.3%
- Est. listing
- ₹254
- Est. gain / application
- +₹930
Rays of Belief IPO GMP trend
Tracked for 20 days. High ₹48 on 31 Aug, low ₹0 on 20 Aug.
Rays of Belief IPO GMP day-wise
| Date | GMP | Change | GMP % | Est. listing | Est. gain (62 sh) |
|---|---|---|---|---|---|
| (latest) | ₹15 | 0 | 6.28% | ₹254 | +₹930 |
| ₹15 | -₹5 | 6.28% | ₹254 | +₹930 | |
| ₹20 | +₹10 | 8.37% | ₹259 | +₹1,240 | |
| ₹10 | -₹2 | 4.18% | ₹249 | +₹620 | |
| ₹12 | 0 | 5.02% | ₹251 | +₹744 | |
| ₹12 | -₹30 | 5.02% | ₹251 | +₹744 | |
| ₹42 | +₹4 | 17.57% | ₹281 | +₹2,604 | |
| ₹38 | -₹10 | 15.90% | ₹277 | +₹2,356 | |
| ₹48 | +₹13 | 20.08% | ₹287 | +₹2,976 | |
| ₹35 | +₹9 | 14.64% | ₹274 | +₹2,170 | |
| ₹26 | -₹3 | 10.88% | ₹265 | +₹1,612 | |
| ₹29 | +₹19 | 12.13% | ₹268 | +₹1,798 | |
| ₹10 | -₹8 | 4.18% | ₹249 | +₹620 | |
| ₹18 | +₹18 | 7.53% | ₹257 | +₹1,116 | |
| ₹0 | 0 | 0.00% | ₹239 | ₹0 | |
| ₹0 | 0 | 0.00% | ₹239 | ₹0 | |
| ₹0 | 0 | 0.00% | ₹239 | ₹0 | |
| ₹0 | 0 | 0.00% | ₹239 | ₹0 | |
| ₹0 | 0 | 0.00% | ₹239 | ₹0 | |
| ₹0 | — | 0.00% | ₹239 | ₹0 |
Est. listing = upper price band (₹239) + GMP. Est. gain = GMP × 62 shares (1 lot, the minimum application).
Rays of Belief IPO subscription status
| QIB | 9.06x |
|---|---|
| bNII | 303.82x |
| sNII | 229.70x |
| Retail | 195.87x |
| Total | 107.71x |
Reading the Rays of Belief IPO GMP
The grey market premium is the price above the issue price at which Rays of Belief IPO shares are informally traded before listing. A GMP of ₹15 on an upper band of ₹239 suggests the shares could open around ₹254, if grey market sentiment holds until listing day.
GMP is not set by the company, the exchanges or SEBI. It moves daily with market conditions and subscription demand. Check it together with the subscription numbers and the company's financials before applying.
Rays of Belief IPO GMP: FAQs
- What is Rays of Belief IPO GMP today?
- The latest grey market premium (GMP) for the Rays of Belief IPO is ₹15 as of 8 September 2026, which is 6.28% over the upper price band of ₹239.
- What is the expected listing price of Rays of Belief IPO?
- Based on the current GMP, the estimated listing price of Rays of Belief IPO is ₹254 per share (₹239 issue price + ₹15 GMP). This is an estimate from unofficial grey market trades, not a guaranteed listing price.
- What is the lot size and minimum investment for Rays of Belief IPO?
- The lot size is 62 shares. The minimum application is 1 lot, which costs ₹14,818 at the upper price band.
- Is IPO GMP reliable?
- GMP reflects unofficial trades before listing and changes daily with market mood and subscription demand. It is a useful sentiment indicator but often differs from the actual listing price, so use it alongside the company's financials and subscription data.
GMP is an unofficial indicator compiled from grey market sources and is not investment advice. Actual listing prices can differ significantly. Read the offer document before investing.