Rays of Belief IPO Allotment: Check Your IPO Application status, Subscription Data and Share Allocation Online

Mumbai, September 7: Following the close of the subscription period, Rays of Belief IPO allotment status is awaited after the ₹125 crore issue was subscribed 107.71 times, according to the subscription data shown in the issue details.

The IPO received strong demand from all three investor categories. The QIB portion excluding anchor investors was subscribed 9.06 times, while the NII category was subscribed 279.11 times and the retail portion 195.86 times.

The allotment was scheduled for September 4 2026. Investors can check their Rays of Belief IPO allotment status through KFin Technologies, the registrar to the issue, as well as through the BSE and NSE websites.

Steps To Check Rays of Belief IPO Allotment Status On NSE, BSE And Registrar

Check Rays of Belief IPO Allotment Status on Registrar Website

KFin Technologies is the registrar to the Rays of Belief IPO. Investors can check their application status through its official IPO allotment portal. (IPo Status)

Registrar: https://ipostatus.kfintech.com/ 

1. Visit the KFin Technologies IPO Allotment Status portal.
2. Select the relevant IPO.
3. Enter the required details, such as PAN, application number or demat account details.
4. Submit the information to view the allotment status.

Check Rays of Belief IPO Allotment Status on BSE

Investors can also check their IPO application status through BSE.

BSE: https://www.bseindia.com/investors/appli_check.aspx 

1. Visit the BSE IPO application status page.
2. Select the relevant issue.
3. Enter the required application details.
4. Submit the information to view the status.

Check Rays of Belief IPO Allotment Status on NSE

Investors can use the NSE IPO bid verification facility to check their application details.

NSE: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids 

1. Visit the NSE IPO bid verification page.
2. Enter the required PAN or application details.
3. Submit the information.
4. Check the application and allocation status displayed on the page.

The relevant status page will show whether shares have been allotted or whether there is no allotment.

Alternative Methods To Check Rays of Belief IPO Allotment Status

Applicants can also monitor their demat account for the credit of allotted shares and check their bank or UPI account for the release of blocked funds.

Investors should also watch for SMS or email notifications linked to their IPO application. These updates can provide confirmation once the allotment and refund processes are completed.

Rays of Belief IPO Subscription Status Summary

Rays of Belief IPO was a ₹125 crore bookbuilding issue consisting entirely of a fresh issue of 52,30,000 shares.

• Fresh Issue: 52,30,000 shares aggregating ₹125 crore
• Offer for Sale: Not applicable
• Price Band: ₹227 to ₹239 per share
• Issue Price: ₹239 per share
• Lot Size: 62 shares
• Retail Minimum Investment: ₹14,818

The QIB category was allocated 39,22,500 shares, representing 75% of the issue. This included 20,92,190 shares reserved for anchor investors, while 18,30,310 shares were available to QIBs excluding the anchor portion.

The NII category was allocated 7,84,500 shares, representing 15% of the issue, while retail investors were allocated 5,23,000 shares, representing 10%.

The IPO received 15,56,764 applications. Within the NII category, the portion above ₹10 lakh was subscribed 303.82 times, while the portion below ₹10 lakh was subscribed 229.70 times.

Rays of Belief IPO Listing Date

The tentative listing date for Rays of Belief IPO is September 8 2026 on the BSE and NSE, according to the issue timeline shown in the supplied details.

The listing date remains tentative and should be treated as subject to formal confirmation by the exchanges.

What Happens After Rays of Belief IPO Allotment?

The IPO timetable shows that allotment was scheduled for September 4 2026. Refunds for unsuccessful applicants were scheduled for September 7 2026, while the credit of allotted shares to eligible investors’ demat accounts was also scheduled for September 7 2026.

After the completion of these processes, the shares are scheduled to list on September 8 2026, subject to the tentative timeline.

Investors receiving an allotment should see the shares credited to their demat accounts. Those who do not receive shares should receive their funds back or have the relevant UPI mandate unblocked, as applicable.

About Rays of Belief

The supplied IPO details identify Rays of Belief as the issuer of the ₹125 crore public issue. The issue comprises entirely fresh capital of 52,30,000 shares.

The available material does not provide sufficient confirmed company disclosures to add further operating or financial details.

Conclusion

Rays of Belief IPO allotment status is awaited after the issue received 107.71x overall subscription. Demand was particularly strong in the NII category at 279.11x, followed by retail investors at 195.86x and QIBs excluding anchors at 9.06x.

Investors should check KFin Technologies, BSE or NSE for their individual allotment status and monitor their demat account and bank or UPI mandate for post-allotment updates. The tentative listing date is September 8 2026.

Source:

• https://www.bseindia.com/markets/publicIssues/DisplayIPO?id=4775&type=IPO&idtype=2&status=H&IPONo=7920&startdt=01/09/2026