Rays of Belief IPO Allotment Status
ListedUpdated 8 September 2026, 9:15 AM IST· Allotment 4 Sept 2026· Listing 8 Sept 2026
Rays of Belief IPO IPO closed on 3 September 2026. Allotment date is 4 September 2026. Refund date for non-allotted bids is 5 September 2026. Share credit to demat is on 5 September 2026. Listing date on NSE and BSE is…
Rays of Belief IPO IPO closed on 3 September 2026. Allotment date is 4 September 2026. Refund date for non-allotted bids is 5 September 2026. Share credit to demat is on 5 September 2026. Listing date on NSE and BSE is 8 September 2026. Retail, SHNI, and BHNI allotment is by lottery when oversubscribed.
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Rays of Belief IPO Allotment Chances
Rays of Belief IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail | 172.72x | 1 in 173 |
| SHNI (Rs 2L to Rs 10L) | 223.17x | 1 in 223 |
| BHNI (above Rs 10L) | 62.10x | 1 in 62 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
See full category numbers on the Rays of Belief IPO Subscription Status page.
How to Check Rays of Belief IPO Allotment Status
Allotment status will be available from 4 September 2026. There are four ways to check.
Option 1: Via IPOwiz App
- Download the IPOwiz App from the Play Store
- Add the PAN numbers you want to check in the PAN section
- Go to the Allotted section and select Rays of Belief IPO
- View the allotment status for the saved PAN numbers
Option 2: Via Kfin Technologies Website
- Visit the Kfin Technologies Allotment Page
- Select Rays of Belief IPO from the drop-down menu
- Enter your PAN number, application number, or demat account details
- Click Search to view your allotment status
Kfin Technologies is the official registrar for this IPO. This is the most direct method to check your result.
Option 3: Via BSE Website
- Go to the BSE IPO allotment page
- Select Rays of Belief IPO from the list
- Enter your PAN number, application number, or demat account details
- Click Search to check your status
Option 4: Via Demat Account
Log in to your demat or trading account from 5 September 2026 onwards. If shares have been credited, your allotment was successful. Share credit is expected on 5 September 2026.
What Happens After Allotment?
After 4 September 2026 allotment, here is what happens next.
If allotted: Shares credit to your demat on 5 September 2026. You can sell or hold on listing day, 8 September 2026. Current GMP is Rs 15.00, so estimated listing price is about Rs 254.00 per share.
If not allotted: Your blocked ASBA money is refunded on 5 September 2026 to the linked bank account. UPI bids unblock on their own. Net-banking ASBA is unblocked by your bank.
On listing day: Trading starts on NSE and BSE on 8 September 2026. You can sell allotted shares from the open. Mainboard retail has no lock-in.
For listing day updates, follow the IPOwiz Telegram Channel.
Rays of Belief IPO Registrar Details
The registrar for this IPO is Kfin Technologies. For allotment queries or discrepancies, you can contact them directly.
| Field | Value |
|---|---|
| Registrar | Kfin Technologies Private Limited |
| Website | kfintech.com |
| Allotment Check | Kfin Technologies IPO Allotment Page |
| einward.ris@kfintech.com | |
| Phone | 1800 309 4001 (toll free) |
Rays of Belief IPO Details
| Field | Value |
|---|---|
| Price Band | ₹227.0 - ₹239.0 |
| Issue Size | ₹125.00 Cr |
| Lot Size | 62 shares |
| Minimum Investment | Rs 14,818.00 |
| IPO Type | Mainboard |
| Open Date | 1 September 2026 |
| Close Date | 3 September 2026 |
| Allotment Date | 4 September 2026 |
| Listing Date | 8 September 2026 |
| Overall Subscription | 107.71x |
Rays of Belief IPO full details including financials, valuation, and review.
About Rays of Belief IPO
Incorporated in 2017 as 'Rays of Belief Private Limited' and operating under the flagship brand 'Mom's Belief', Rays of Belief Limited is a For-Profit Social Enterprise in the behavioural healthcare domain dedicated to children with Neurodevelopmental Disorders (NDDs). The company provides personalized, evidence-based therapy and intervention programs for conditions such as Autism Spectrum Disorder (ASD), ADHD, Down Syndrome, Cerebral Palsy, Intellectual Disabilities, Learning Disabilities, and Global Developmental Delays. As of March 31, 2026, it operates a network of 136 centres across 57 cities in India (comprising Company Learning Centres, Licensed Professional Partnerships, School Collaboration Centres, and a Centre of Excellence and Research) as well as 3 acquired clinical centres in Virginia, USA.
Rays of Belief IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Rays of Belief IPO Details
Issue size, price, financials, and company info
Rays of Belief IPO GMP
Live grey market premium and listing estimate
Rays of Belief IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Rays of Belief IPO Allotment
Allotment date, chances, and check by PAN
Rays of Belief IPO Review
SWOT, strengths, risks, and IPO review
Rays of Belief IPO FAQ
Common questions on dates, GMP, and allotment
Rays of Belief IPO Registrar
Registrar website and how to check allotment
Rays of Belief IPO Timeline
Open, close, allotment, and listing dates
Rays of Belief IPO News
Updates, blogs, and latest IPO news
Rays of Belief IPO Allotment FAQs
What is Rays of Belief IPO allotment date?
Rays of Belief IPO allotment date is 4 September 2026. Allotment results are published by Kfin Technologies on this date.
How to check Rays of Belief IPO allotment status?
Check Rays of Belief IPO allotment status on the Rays of Belief IPO Allotment Status page on IPOwiz, on Kfin Technologies (kfintech.com), BSE IPO allotment page, or the IPOwiz App using your PAN.
How to check Rays of Belief IPO allotment by PAN?
Enter your PAN on Kfin Technologies allotment portal (https://ipostatus.kfintech.com/), BSE IPO allotment, IPOwiz App, or the IPOwiz Rays of Belief IPO Allotment Status page. Results are available from 4 September 2026.
When will Rays of Belief IPO allotment result be announced?
Rays of Belief IPO allotment result will be out on 4 September 2026, usually after market hours. Refunds for non-allotted applicants follow on 5 September 2026.
What are Rays of Belief IPO retail allotment chances?
At 172.72x subscription by applications, about 1 in 173 retail applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 195.87x. Allotment chances use applications, not share volume.
What are Rays of Belief IPO SHNI allotment chances?
At 223.17x subscription by applications, about 1 in 223 SHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 229.70x. Allotment chances use applications, not share volume.
What are Rays of Belief IPO BHNI allotment chances?
At 62.10x subscription by applications, about 1 in 62 BHNI applicants may get allotment (~2% chance per application). Allotment is by lottery. Share subscription was 303.82x. Allotment chances use applications, not share volume.
Is Rays of Belief IPO SHNI and BHNI allotment by lottery?
Yes. In Rays of Belief IPO, Retail, SHNI (Rs 2L to Rs 10L), and BHNI (above Rs 10L) allotment is by lottery when the category is oversubscribed. If allotted, you get at least one lot.
When will Rays of Belief IPO refund be credited?
If you are not allotted in Rays of Belief IPO, your blocked ASBA amount is unblocked and refunded on 5 September 2026. UPI applications unblock automatically; net-banking ASBA is unblocked by your bank.
When will Rays of Belief IPO shares be credited to demat?
Allotted Rays of Belief IPO shares are credited to your demat account on 5 September 2026, one day before listing on 8 September 2026.
When is Rays of Belief IPO listing date?
Rays of Belief IPO listing date is 8 September 2026. The stock lists on NSE and BSE. You can sell allotted shares from the opening bell. No lock-in for retail in mainboard IPOs.
What to do if not allotted in Rays of Belief IPO?
No action is needed. Your application amount is refunded on 5 September 2026 to the bank account linked to your IPO bid. You can apply in the next IPO.
How to check Rays of Belief IPO allotment on BSE?
Visit the BSE IPO allotment page, select Rays of Belief IPO, and enter your application number or PAN. Results go live on 4 September 2026 alongside the registrar website.
How to check Rays of Belief IPO allotment on Kfin Technologies?
Go to https://ipostatus.kfintech.com/, select Rays of Belief IPO, and search by PAN or application number from 4 September 2026. For help, call 1800 309 4001 (toll free).
What is expected listing price of Rays of Belief IPO?
Based on GMP of ₹15 (+6.28%), Rays of Belief IPO expected listing price is about ₹254 per share (issue price ₹239 + GMP). Actual price is set on 8 September 2026.
What is Rays of Belief IPO subscription status?
See full QIB, NII, SHNI, BHNI, and Retail subscription for Rays of Belief IPO on the Rays of Belief IPO Subscription Status page on IPOwiz.
Check your allotment status from 4 September 2026 on the IPOwiz Allotment Checker. For listing day updates on 8 September 2026, follow the IPOwiz Telegram Channel or download the IPOwiz App.
Sources
We match Rays of Belief IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- Kfin TechnologiesOfficial site to check allotment status for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews allotment guides before they go live.