Orion Industries logo

Rays of Belief IPO Subscription

01 September - 03 September 2026 Closed
Mainboard BSE,NSE

The Rays of Belief IPO subscription reflects the demand received from different investor categories during the bidding period. The subscription data includes the number of shares offered, shares bid for, and the subscription multiple (X) for categories such as Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs).

As per the latest subscription update, the Rays of Belief IPO has received bids for 33,79,79,918 shares against 39,22,310 shares offered, resulting in an overall subscription of 107.71x. the NII category is subscribed 279.11x, Retail Investors 195.87x, and QIBs 9.06x. Within the NII category, BNII is subscribed 303.82x, while SNII is subscribed 229.7x.

Subscription Highlights

  • Overall Subscription: 107.71x
  • QIB Subscription: 9.06x
  • NII Subscription: 279.11x
  • BNII Subscription: 303.82x
  • SNII Subscription: 229.7x
  • Retail Subscription: 195.87x

Retail
195.87x
NII
279.11x
QIB
9.06x
Total
107.71x

Current GMP

₹12 (+5.02%)

Open Date 01 September, 2026
Close Date 03 September, 2026
Market Cap -
Industry
Sector
Subscription 107.71x

*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.

Rays of Belief IPO Subscription Details ( Thu, 03 Sep 26 04:28 PM)

Category Shares Offered Shares Bid For Subscription (x)
Qualified Institutions 1,830,31016,576,6309.06x
Non-Institutional 784,500218,965,648279.11x
BNII (>₹10L) 523,000158,898,374303.82x
SNII (₹2L–₹10L) 261,50060,067,274229.7x
Retail Investors 523,000102,437,640195.87x
Total 3,922,310337,979,918107.71x

Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.

Application Wise Breakup (Approximate)

Category Reserved Applied Times (x)
Non-Institutional 903 99,412 110.09x
BNII (>₹10L) 602 37,445 62.20x
SNII (₹2L–₹10L) 301 67,183 223.20x
Retail Investors 8,435 1,459,785 173.06x

Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.

Rays of Belief IPO Reservations Details

Category Shares Offered Shares Offered % Max Allotee
Anchor Investors 2,092,19040%0
Qualified Institutions 1,830,31035%0
Non-Institutional 784,50015%0
BNII (>₹10L) 523,00010%0
SNII (₹2L–₹10L) 261,5005%0
Retail Investors 523,00010%0
Total 5,230,000100%0

Share Reservation By Category

Shares bids Against Offered

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

Where Can I Check the Rays of Belief IPO Live Subscription Status?

You can check the Rays of Belief IPO live subscription status on the IPO Master App or the official websites of the BSE,NSE. The live subscription data is updated regularly during the IPO bidding period and displays category-wise subscription figures for Retail Individual Investors (RII), Non-Institutional Investors (NII), Qualified Institutional Buyers (QIB), Employees (if applicable), and the overall IPO subscription.

What is Rays of Belief IPO retail subscription status?

The Retail Individual Investor (RII) portion of the Rays of Belief IPO was subscribed 195.87 times as of Thu, Sep 03, 2026 09:58 PM. The public issue closed on Thu, Sep 3, 2026 for bidding.

How to subscribe Rays of Belief IPO?

Investors can apply for the Rays of Belief IPO online through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or via UPI using a SEBI-registered stockbroker or trading app. Select the desired lot size, enter your bid within the price band, and submit your application during the IPO subscription period. The application amount remains blocked in your bank account until the IPO allotment process is completed.

How many times Rays of Belief IPO subscribed?

The Rays of Belief IPO was subscribed 107.71x times at the close of bidding period on Thu, Sep 3, 2026.

How to check Rays of Belief IPO allotment?

The Rays of Belief IPO allotment was finalized on Fri, Sep 4, 2026. You can check the Rays of Belief IPO allotment status on the registrar's website or the BSE/NSE websites using your PAN, application number, or DP/Client ID. You can also check the allotment status quickly through the IPO Master App.

When Will the Rays of Belief IPO Be Listed?

The Rays of Belief IPO is tentatively scheduled to be listed on Tue, Sep 8, 2026, on the BSE,NSE. The final listing date is subject to the successful completion of the IPO allotment process and regulatory approvals.

What is the Rays of Belief IPO Qualified Institutional Buyers (QIB) subscription status?

The Qualified Institutional Buyers (QIB) category of Rays of Belief IPO was subscribed 9.06 times as of Thu, Sep 03, 2026 09:58 PM.