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Live News EQUITY ARTICLE L impact

Rays of Belief IPO day 2: bidding continues, subscribed 1.18x

Rays of Belief’s Rs.125 crore IPO is in day two of bidding on Sept. 2, with the issue subscribed 1.18x so far. The offer runs through Sept. 3. Price band: Rs.227–Rs.239 per share.

KFINTECHMASTERTRMEFCOMCAPSWASTIKA

New Delhi, Sept.

2 -- Rays of Belief IPO has entered its second day of bidding on Wednesday, 2 September.

The Rs.125 crore IPO will remain open till Thursday, 3 September.The price band for the Rays of Belief IPO has been set at Rs.227- Rs.239 per equity share, with each share carrying a face value…