Rays of Belief IPO opens for subscription today, with the Rs 125-crore issue entirely comprising a fresh issue of 52.30 lakh shares. Priced at Rs 227–239 per share, the IPO has attracted a 20% grey market premium. The company raised Rs 50 crore from anchor investors ahead of the issue, with shares scheduled to list on September 8.
Rays of Belief IPO opens for subscription today, with the Rs 125-crore issue entirely comprising a fresh issue of 52.30 lakh shares. Priced at Rs 227–239 per share, the IPO has attracted a 20% grey market premium. The company raised Rs 50 crore from anchor investors ahead of the issue, with shares scheduled to list on September 8.
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