GENERAL7 Sept 2026
Rays of Belief IPO listing date tomorrow. Here's what GMP signals ahead of debut | Stock Market News
Rays of Belief shares debut Tuesday, 8 September, on BSE and NSE. The IPO got subscribed 107.71 times, with huge retail demand. Grey market premium is ₹20, suggesting a listing price near ₹259, about 8% above the ₹239 issue price. The company runs therapy centres for children with neurodevelopmental disorders and will use funds to open 319 new centres.
Key Statutory Highlights
- The IPO was subscribed 107.71 times overall; retail got 195.87 times and NIIs 279.11 times.
- Shares list on BSE and NSE on Tuesday, 8 September.
- GMP of ₹20 suggests listing near ₹259, about 8% higher than the ₹239 issue price.
Actionable Advice for Taxpayers / Founders:If you applied for the IPO, track the listing tomorrow and decide based on your own risk comfort, not just the grey market signal.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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