LATEST
Thu, Sep 3, 2026
Loading weather...
Business

Rays of Belief IPO subscribed 14x on Day 3 so far, retail portion booked 49x as GMP rises to 20%. Should you subscribe?

Rays of Belief IPO saw strong demand on its third and final day of bidding, with the Rs 125-crore issue receiving bids far exceeding the shares on off...

Rays of Belief IPO subscribed 14x on Day 3 so far, retail portion booked 49x as GMP rises to 20%. Should you subscribe?
Source: Economic Times - Forex

Rays of Belief IPO saw strong demand on its third and final day of bidding, with the Rs 125-crore issue receiving bids far exceeding the shares on offer. The retail portion led demand, while the NII segment also saw strong interest. Here’s a look at the IPO, GMP, financials and investment outlook.

SOURCE: Economic Times - Forex
ORIGINAL REPORT: Click here
DHALLO EDITORIAL STATUS: Aggregated & reviewed
Have feedback on this article?Report error or suggestion

Read More from Business

Greens leader Zack Polanski to stand in seat vacated by Starmer

Decision by leader of the Green Party presents first electoral challenge for pri...

Read Article »

Shein shares slide as much as 10% on third day of trading

Falls may force Goldman Sachs to step in to stabilise price......

Read Article »

Earnings call transcript: Santam H1 2026 profit rises despite heavy weather losses

Breaking News......

Read Article »
Return to Front Page

5 minutes. The news that matters.

Get the most important stories of the day, without having to browse hundreds of articles.