Rays of Belief IPO — GMP Today, Price Band, Dates & Listing
Rays of Belief IPO (MOMSBELIEF, NSE: MOMSBELIEF) opened on 1 Sep 2026 and closed on 3 Sep 2026 on NSE. Price band Rs 227–239, lot size 62 shares (minimum application Rs 14,818, one lot at the upper band). Latest tracked GMP: Rs 20 (8.37% of the upper band), as of 8 Sep 2026.
Rays of Belief IPO details
| Status | Closed |
| Open date | 1 Sep 2026 |
| Close date | 3 Sep 2026 |
| Price band | Rs 227–239 |
| Lot size | 62 shares |
| Minimum investment | Rs 14,818 (one lot at the upper band) |
| Face value | Rs. 10 per Equity Share |
| Issue type | Book Building |
| Issue size (NSE summary) | Initial Public Offer comprising of Fresh Issue up to 52,30,000 Equity Shares (including Anchor Investor portion of 20,92,190 Equity Shares) |
| GMP (Rs) | Rs 20 (as of 8 Sep 2026) |
| GMP as % of upper band | 8.37% |
| Exchange | NSE |
| Lead managers | Mefcom Capital Markets Limited |
| Registrar | KFin Technologies Limited |
| NSE symbol | MOMSBELIEF |
| Prospectus | Red herring prospectus (NSE archive, zip) |
GMP is an unofficial grey-market quote as tracked by WorldBest IPO on 8 Sep 2026; it is not a price prediction. Face value, lot, issue type, issue size, lead managers and registrar are as filed on NSE's IPO detail page (MOMSBELIEF). Page data as of 11 Sep 2026.
Subscribed 77.15x on NSE as of 3 Sep 2026, 19:00 IST (NSE). Category and day-wise breakdown.
Key dates
| Issue opens | 1 Sep 2026 |
| Issue closes | 3 Sep 2026 |
| Basis of allotment | 4 Sep 2026 (expected, T+1) |
| Refunds / demat credit | 7 Sep 2026 (expected, T+2) |
| Listing | 8 Sep 2026 (expected, T+3) on NSE |
Post-close dates follow SEBI's T+3 listing timeline counted in working days from the close; registrar and exchange notices are final.
What the GMP means for Rays of Belief
Grey Market Premium (GMP) is the unofficial premium at which an IPO's shares change hands before listing. A positive GMP signals bullish pre-listing sentiment, but it is unregulated, volatile and routinely diverges from the actual listing price in both directions — treat it as a thermometer, never a forecast. Read our full What is GMP? guide for how the grey market works.
Apply, allotment and listing
- How to apply: step-by-step UPI/ASBA instructions in our IPO application guide.
- Allotment status: registrar link and the T+3 timeline on the Rays of Belief allotment page.
- Compare with other issues: the full live board is on IPO GMP Today and the IPO Calendar.
- Need a demat account? see best brokers for IPO applications.
FAQs on Rays of Belief IPO
What is Rays of Belief IPO GMP today?
The latest tracked grey market premium for Rays of Belief is Rs 20 (8.37% of the upper price band), as of 8 Sep 2026. GMP is unofficial grey-market data, changes frequently, and is not a prediction of the listing price.
When did the Rays of Belief IPO open and close?
Rays of Belief's subscription window opened on 1 Sep 2026 and closed on 3 Sep 2026.
What is the Rays of Belief IPO price band and lot size?
For Rays of Belief, the price band is Rs 227–239 and one lot is 62 shares (minimum application Rs 14,818, one lot at the upper band).
Who is the registrar for the Rays of Belief IPO?
The registrar to the Rays of Belief IPO is KFin Technologies Limited (as filed on NSE). Allotment status is checked on the registrar's website once the basis of allotment is finalised — the link is on our Rays of Belief allotment status page.