Rays of Belief Limited- For Profit Social Enterprise (FPSE) IPO listed 0.0%
Rays of Belief Limited- For Profit Social Enterprise (FPSE) IPO price band is ₹227 to ₹239 per share with a lot size of 62 shares, so one lot costs ₹14,818 at the upper band. Bidding opened on 1 September 2026 and closed on 3 September 2026. The issue was subscribed 77.15 times overall as of 03-Sep-2026 19:00:29 IST. It listed on 8 September 2026 at ₹239.00 against an issue price of ₹239.00, and closed day one at ₹228.34 (-4.5%).
IPO data from NSE. Last updated 15:37 IST, 4 Oct 2026. Source and method
Price band
₹227 to ₹239
per share
Lot size
62
shares per lot
1 lot at upper band
₹14,818
Mainboard
Listing gain (open)
0.0%
₹0.00
Rays of Belief Limited- For Profit Social Enterprise (FPSE) IPO dates
- 1 Sep 2026Bidding opens
- 3 Sep 2026Bidding closes
- 8 Sep 2026Listing on exchange
Dates as published by NSE.
Issue details
- Company
- Rays of Belief Limited- For Profit Social Enterprise (FPSE)
- NSE symbol
- MOMSBELIEF
- Board
- Mainboard
- Issue type
- Book Building
- Price band
- ₹227 to ₹239
- Face value
- Rs. 10
- Industry
- Hospital
- Registrar
- KFin Technologies Limited
- Lead manager
- Mefcom Capital Markets Limited
- ISIN
- INE1FCO01014
Offer structure as filed: Initial Public Offer comprising of Fresh Issue up to 52,30,000 Equity Shares (including Anchor Investor portion of 20,92,190 Equity Shares)
Lot size and minimum investment
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail, minimum | 1 | 62 | ₹14,818 |
| Retail, maximum | 13 | 806 | ₹1,92,634 |
| Small HNI (sNII), minimum | 14 | 868 | ₹2,07,452 |
| Small HNI (sNII), maximum | 67 | 4,154 | ₹9,92,806 |
| Big HNI (bNII), minimum | 68 | 4,216 | ₹10,07,624 |
Rays of Belief Limited- For Profit Social Enterprise (FPSE) IPO subscription status
Category-wise bids on NSE, as of 03-Sep-2026 19:00:29 IST. Fetched 07:04 IST, 4 Oct 2026.
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIBQualified Institutional Buyers(QIBs) | 18,30,310 | 1,49,70,768 | 8.18x | |
| NIINon Institutional Investors | 7,84,500 | 16,93,98,632 | 215.93x | |
| bNIINon Institutional Investors(Bid amount of more than Ten Lakh Rupees) | 5,23,000 | 12,74,99,838 | 243.79x | |
| sNIINon Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | 2,61,500 | 4,18,98,794 | 160.22x | |
| RetailRetail Individual Investors(RIIs) | 5,23,000 | 5,76,98,006 | 110.32x | |
| Total | 31,37,810 | 24,20,67,406 | 77.15x |
Day by day (our snapshots)
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Sun, 4 Oct 2026 | 8.18x | 215.93x | 110.32x | 77.15x |
Rays of Belief Limited- For Profit Social Enterprise (FPSE) listing day result
| Listing day (8 Sep 2026) | Price | Vs issue price ₹239.00 |
|---|---|---|
| Open (listing price) | ₹239.00 | 0.00% |
| High | ₹239.00 | 0.00% |
| Low | ₹227.32 | -4.89% |
| Close | ₹228.34 | -4.46% |
| Latest close (22 Sep 2026) | ₹228.33 | -4.46% |
NSE end of day data, series BE. Volume on listing day: 18,23,943 shares.
Rays of Belief Limited- For Profit Social Enterprise (FPSE) IPO allotment status
The registrar for this issue is KFin Technologies. Check allotment on its official page by choosing "Rays of Belief Limited- For Profit Social Enterprise (FPSE)" and entering your PAN, application number or DP/client ID.
Official pages ask for a captcha; we only link to them. Shares are credited to your demat account and blocked money is released for unallotted bids as per the schedule in the prospectus.
Other IPOs
Frequently asked questions
What is the price band of Rays of Belief Limited- For Profit Social Enterprise (FPSE) IPO?
Rays of Belief Limited- For Profit Social Enterprise (FPSE) IPO price band is ₹227 to ₹239 per share, as published by NSE.
What is the lot size and minimum investment?
One lot is 62 shares, which costs ₹14,818 at the upper price band of ₹239.00.
When does Rays of Belief Limited- For Profit Social Enterprise (FPSE) IPO open and close?
Bidding opened on 1 September 2026 and closed on 3 September 2026. Listing date: 8 September 2026.
How many times is Rays of Belief Limited- For Profit Social Enterprise (FPSE) IPO subscribed?
It was subscribed 77.15 times overall as of 03-Sep-2026 19:00:29 IST, according to NSE.
What was the listing gain of Rays of Belief Limited- For Profit Social Enterprise (FPSE) IPO?
It opened at ₹239.00 on 8 September 2026, 0.0% against the issue price of ₹239.00, and closed the day at ₹228.34 (-4.5%).
How do I check Rays of Belief Limited- For Profit Social Enterprise (FPSE) IPO allotment status?
Use the KFin Technologies allotment page or the NSE and BSE application status pages, linked above.
Information only, not investment advice. IPO dates, price band, lot size and subscription are taken from NSE's public IPO pages; listing prices from NSE's end of day bhavcopy. GMP (grey market premium) is an unregulated, informal indicator that can change quickly and is no guide to the actual listing price. Read the red herring prospectus and consult a SEBI registered adviser before investing.