How to Apply for Rays of Belief Limited- For Profit Social Enterprise (FPSE) IPO on Upstox

Follow this verified step-by-step walkthrough to submit your application for the Rays of Belief Limited- For Profit Social Enterprise (FPSE) public issue on Upstox (Upstox Pro) using UPI mandate.

Price Band
Rs.227 to Rs.239
Estimated Lot Size
60 Shares
Min Investment (Retail)
₹14,340.00
Bidding Opens / Closes
2026-09-01 to 2026-09-03

Step-by-Step Application Walkthrough

  1. Log in to Upstox Pro on mobile or web.
  2. Navigate to 'Discover' and tap on 'IPO'.
  3. Select Rays of Belief Limited- For Profit Social Enterprise (FPSE) and review the bid schedule.
  4. Click 'Apply', specify the number of lots, and ensure 'Cutoff Price' is selected.
  5. Enter your UPI handle and confirm the order details.
  6. Check your UPI app for the mandate notification and approve payment before cutoff time.

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Frequently Asked Questions

Can I apply for Rays of Belief Limited- For Profit Social Enterprise (FPSE) IPO using UPI on Upstox?

Yes, Upstox supports 100% digital IPO applications via NPCI UPI 2.0 mandate up to ₹5,00,000 per application.

What is the minimum investment for Rays of Belief Limited- For Profit Social Enterprise (FPSE) IPO?

The minimum bid is 1 lot (60 shares) at the cutoff price of ₹239.00, requiring a blocked amount of approximately ₹14,340.00.

What happens if my UPI mandate for Rays of Belief Limited- For Profit Social Enterprise (FPSE) is delayed?

UPI mandates are usually delivered within 15 to 45 minutes of submitting the bid on Upstox. If you do not receive the notification, open your UPI app and check the 'Pending Mandates / Autopay' section.

Can I cancel or modify my Rays of Belief Limited- For Profit Social Enterprise (FPSE) IPO application on Upstox?

Yes, you can modify or cancel your bid on Upstox anytime before the official bidding window closes at 5:00 PM on the final issue date.

Also see: Rays of Belief Limited- For Profit Social Enterprise (FPSE) IPO Details & Subscription · Check Allotment Status · Upstox Broker Review