Rays of Belief IPO opens for subscription on 1 September and closes on 3 September, priced between ₹227 and ₹239 per share. With a grey market premium of +48, listing prices may reach ₹287, indicating strong demand amidst mixed expert reviews on profitability and growth risks.
Rays of Belief IPO Day 1: GMP signals 20% listing gain. Should you subscribe to ₹125 crore issue?
By Dhallo News · September 1, 2026 at 8:32 AM IST

Source: Mint - Markets
Original reporting: Mint - MarketsRead original report →
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