Rays of Belief IPO Details
| Detail | Description |
|---|---|
| IPO Date | 1 to 3 Sep, 2026 |
| Listing Date | 8 Sep, 2026 |
| Face Value | ₹ 10 Per Equity Share |
| Issue Price Band | - |
| Lot Size | - |
| Sale Type | Fresh capital only |
| Total Issue Size | 52,30,000 shares (agg. up to ₹[.] Cr) |
| Reserved for Market Maker | - |
| Fresh Issue(Ex Market Maker) | 52,30,000 shares (agg. up to ₹[.] Cr) |
| Net Offered to Public | - |
| Issue Type | Book Built Issue |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 1,56,71,682 shares |
| Share Holding Post Issue | 2,09,01,682 shares |
Rays of Belief IPO Financial Information
Latest Revenue
81.66
₹ Crore
Profit After Tax
4.96
₹ Crore
Net Worth
30.81
₹ Crore
Total Borrowing
3.61
₹ Crore
| Period Ended | Assets | Revenue | Profit (PAT) | Net Worth | Reserves | Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 2026(Consolidated) | 50.89 | 81.66 | 4.96 | 30.81 | 15.22 | 3.61 |
| 31 Mar 2025(Consolidated) | 26.12 | 36.42 | 5.88 | 15.02 | 14.70 | 4.36 |
| 31 Mar 2024(Standalone) | 12.89 | 30.61 | 0.85 | 5.78 | 5.47 | — |
| Amount in ₹ Crore | ||||||
Rays of Belief GMP TREND (DAILY UPDATES)
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| 20 Aug, 2026 | ₹0 | ₹0 | 20 Aug, 202603:55 PM |
Rays of Belief Key Performance Indicator
| KPI | Values(31 Mar 2026) |
|---|---|
| ROE | 21.64 % |
| ROCE | 29.74 % |
| Debt/Equity | 0.12 |
| RoNW | 21.64 % |
| PAT Margin | 6.07 % |
| EBITDA Margin | 14.59 % |
| Price to Book Value | - |
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Rays of Belief IPO Timeline
| IPO Open Date | Tue, Sep 1, 2026 |
| IPO Close Date | Thu, Sep 3, 2026 |
| Basis of Allotment | Fri, Sep 4, 2026 |
| Initiation of Refunds | Mon, Sep 7, 2026 |
| Credit of Shares to Demat | Mon, Sep 7, 2026 |
| Listing Date | Tue, Sep 8, 2026 |
| Cut-off time for UPI mandate confirmation | - |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 0 | 0 | 0 |
| Individual investors (Retail) (Max) | 0 | 0 | 0 |
| S-HNI (Min) | 0 | 0 | 0 |
| S-HNI (Max) | 0 | 0 | 0 |
| B-HNI (Min) | 0 | 0 | 0 |