Rays of Belief IPO GMP
Rays of Belief IPO is a Mainboard book-built issue of ₹125.00 crore comprising an entirely Fresh Issue of 52,30,000 equity shares. The price band is ₹227 to ₹239 per share, with a lot size of 62 shares.
Rays of Belief IPO GMP Today
Day-wise grey market premium. Est. listing = price cap (₹239) + GMP.
| GMP Date | GMP (₹) | Sub2 (₹) | Kostak (₹) | Est. Listing (₹) | Est. Gain |
|---|---|---|---|---|---|
| 28 August 2026 | 18 | 0 | — | ₹257 | +7.5% |
| 27 August 2026 | 0 | 0 | 0 | ₹239 | +0% |
| 26 August 2026 | 0 | 0 | 0 | ₹239 | +0% |
| 25 August 2026 | 0 | 0 | 0 | ₹239 | +0% |
GMP → Listing Price Calculator
Enter a GMP to estimate listing price, gain and profit per lot. A math estimate only.
Rays of Belief IPO Details
See the full Rays of Belief IPO details & review →
What is Rays of Belief IPO GMP?
Rays of Belief IPO GMP refers to the unofficial premium at which the IPO shares may reportedly trade in the grey market before their stock-exchange listing. It is not an official exchange price and does not guarantee the actual listing price.
What is the Final GMP?
The latest available market source reported a GMP of approximately ₹18. Since GMP is unofficial and can change, it should not be treated as the final listing premium.
What is the Expected Listing Price?
Based on a GMP of ₹18 and the upper IPO price of ₹239, the simple indicative price would be approximately ₹257 per share. This is only a grey-market indication and the actual listing price may differ.
