Rays of Belief IPO subscription status

Rays of Belief IPO was subscribed 107.71x overall when bidding closed on 3 Sep 2026: QIB 9.06x, NII 279.11x, Retail 195.87x.

Total107.71x

QIB9.06x

NII279.11x

Retail195.87x

Applications15,10,666

Last update: 08 Sep 2026, 06:30 PM IST.

Day-wise subscription

Day	QIB	NII	Retail	Total
8 Sep 2026	9.06x	279.11x	195.87x	107.71x

The last reading of each day, in IST.

Shares offered by category

Category	Shares reserved
QIB	Not less than 75% of the Issue size
Retail	Not more than 10% of the Issue
NII	Not more than 15% of the Issue

Chances of allotment

The retail category is subscribed 195.87x, so roughly 1 in 196 retail applications may get one lot (a little better if many people applied for more than one lot). This is an estimate. See how IPO allotment works.

See the subscription status of every IPO today, or read what QIB, NII and retail mean.

Frequently asked questions

How many times has Rays of Belief IPO been subscribed?

107.71x overall as of 08 Sep 2026, 06:30 PM IST: QIB 9.06x, NII 279.11x, Retail 195.87x.

What are the chances of getting Rays of Belief IPO shares?

The retail category is subscribed 195.87x, so roughly 1 in 196 retail applications may get one lot (a little better if many people applied for more than one lot).

When does Rays of Belief IPO bidding open and close?

It opens on 1 Sep 2026 and closes on 3 Sep 2026. UPI mandates must be approved by 5 PM on the closing day.