Rays of Belief Limited- For Profit Social Enterprise (FPSE) IPO Subscription Status
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Rays of Belief Limited- For Profit Social Enterprise (FPSE) IPO Details
Rays of Belief Limited- For Profit Social Enterprise (FPSE) Financials ₹ in crore
| ₹ crore | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | ₹30.61 | ₹36.42 | ₹81.66 |
| Expenses | — | — | — |
| Net profit (PAT) | ₹0.85 | ₹5.88 | ₹4.96 |
| PAT margin | 2.8% | 16.1% | 6.1% |
| Total assets | ₹12.89 | ₹26.12 | ₹50.89 |
Rays of Belief Limited- For Profit Social Enterprise (FPSE) Shareholding before & after the IPO
The founding owners and their group entities.
The post-issue ring is the register this issue’s RHP discloses. Pre-issue register from the RHP capital structure, cross-checked against exchange data. Pre-issue percentages are taken from the disclosure, never estimated.
Rays of Belief Limited- For Profit Social Enterprise (FPSE) IPO Lot Size & Minimum Investment by investor category
| Application | Shares | Amount at ₹239 |
|---|---|---|
| Retail (min)1 lot | 62 | ₹14,818 |
| Retail (max)13 lots | 806 | ₹1,92,634 |
| sHNI (min)14 lots | 868 | ₹2,07,452 |
| bHNI (min)68 lots | 4,216 | ₹10,07,624 |
One lot is 62 shares, so a single application at the ₹239 cut-off costs ₹14,818. Retail applications are capped at ₹2,00,000, which is 13 lots for this issue. Amounts are shown at the upper band because applications are made at the cut-off price.
Rays of Belief Limited- For Profit Social Enterprise (FPSE) IPO Strengths & Risks as disclosed in the DRHP
How to check Rays of Belief Limited- For Profit Social Enterprise (FPSE) IPO allotment status
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Rays of Belief Limited- For Profit Social Enterprise (FPSE), the registrar is Kfin Technologies Limited — allotment is finalised in the days between the issue closing on 03 Sept 2026 and listing on 08 Sept 2026.
Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.
The registrar publishes allotment on its own portal: KFintech. Your bank will also show the blocked amount released if shares were not allotted.
Rays of Belief Limited- For Profit Social Enterprise (FPSE) IPO Subscription Status FAQs
How many times is Rays of Belief Limited- For Profit Social Enterprise (FPSE) IPO subscribed?
As of 3 Sept, 7:05 pm the Rays of Belief Limited- For Profit Social Enterprise (FPSE) IPO is subscribed 107.71× overall: QIB 9.06×, non-institutional 279.11× and retail 195.87×. Figures are the exchange's consolidated demand across NSE and BSE.
What is the Rays of Belief Limited- For Profit Social Enterprise (FPSE) IPO retail subscription status?
The retail portion is subscribed 195.87× as of 3 Sept, 7:05 pm. Retail applications are those up to ₹2,00,000 at the cut-off price.
How do I check Rays of Belief Limited- For Profit Social Enterprise (FPSE) IPO subscription status?
NSE and BSE publish the category-wise bids for every open issue during bidding hours. This page reads that feed and shows the QIB, NII and retail book, plus one row per day so the build-up over the issue can be compared.
How was Rays of Belief Limited- For Profit Social Enterprise (FPSE) IPO subscribed day by day?
Overall subscription at the end of each bidding day — day 1 (1 September 2026): 1.18×, day 2 (2 September 2026): 3.63×, day 3 (3 September 2026): 107.71× — from the exchange feed. The day-wise table on this page breaks each day into QIB, non-institutional and retail.
What does 2× subscription mean?
Subscription of 2× means bids were received for twice the number of shares offered in that category. When a category is oversubscribed, allotment in it is decided by the registrar under the basis-of-allotment rules — retail by lottery for the minimum lot, for example.
Rays of Belief Limited- For Profit Social Enterprise (FPSE) IPO Registrar where allotment and refund queries go
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
How to Apply for the Rays of Belief Limited- For Profit Social Enterprise (FPSE) IPO ASBA and UPI, as SEBI sets them
- Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
- Choose the number of lots and bid at the cut-off price. Retail applications are capped at ₹2,00,000; above that the bid moves to the non-institutional category.
- If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (03 Sept 2026).
- One application per PAN. A second application under the same PAN is rejected, and both may be.
- After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, Kfin Technologies Limited, not to the exchange or the broker.
What is GMP in an IPO?
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹15 on a ₹239 upper band means the grey market is dealing at ₹254.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.