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LISTEDSME100% source confidence

Rays of Belief IPO

Open 1 Sep 2026 · Close 3 Sep 2026 · Listing 8 Sep 2026

Price Band₹239.00–₹239.00
Live GMP₹13.00
Subscription107.71×
Issue Size₹125.00 Cr

Financial Performance

Rays of Belief IPO — dedicated financial performance page.

Financial performance

Year-wise operating scale, profitability and balance-sheet context.
Full financials ↗
Assets7.78₹ Cr · -39.6% vs prior year
Net Worth4.36₹ Cr · -24.6% vs prior year

FY26

Assets50.89
Net Worth30.81
Total Debt3.61
RevenueAnnualised basis81.66
EBITDAAnnualised basis11.91
PATAnnualised basis4.96
EBITDA Margin (%)14.58

FY25

Assets26.12
Net Worth15.02
Total Debt4.35
RevenueAnnualised basis36.42
EBITDAAnnualised basis3.02
PATAnnualised basis5.88
EBITDA Margin (%)8.29

FY24

Assets12.89
Net Worth5.78
Total Debt[●]
RevenueAnnualised basis30.61
EBITDAAnnualised basis1.49
PATAnnualised basis0.85
EBITDA Margin (%)4.87

FY23

Assets7.78
Net Worth4.36
Total Debt[●]
RevenueAnnualised basis22.13
EBITDAAnnualised basis-7.22
PATAnnualised basis-8.46
EBITDA Margin (%)-32.63
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