LRSD Capital picks up 6.48% in Rays of Belief via IPO allotment

Creeping acquisition near the thresholdOwnership Changes View source PDF Explain this filing

MOMSBELIEF · price

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Price reactionminutes from the announcement price · days from the prior close

+0.9%Reaction day

₹228.75

prior close

₹229.95

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%+1.1% vs market

On the reaction day the stock moved 1.1 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

-0.4

30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+0.9-0.2+1.1

Next day

-3.6-0.3-3.3

-2.5-0.2-2.3

-3.8-3.5-0.3

-3.0-3.6+0.7

-5.8-2.8-3.0

-1.6-1.4-0.2

15d

+0.5-3.0+3.6

-5.3-4.4-0.9

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UpDownMarket · Nifty Microcap 250Pending

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AI summary

Non-promoter LRSD Capital Pvt Ltd along with PACs RGSL Investment LVF1 and Ritu Dua acquired 13,54,233 shares, equal to 6.48% of Rays of Belief Limited, through IPO allotment on 4 September 2026. This is their first disclosed holding in the company, against a total equity capital of 2.09 crore shares of Rs 10 each. The acquirer does not belong to the promoter group. Rays of Belief is set to list on NSE and BSE on 8 September 2026.

Likely market impact

Pre-IPO investor disclosed 6.48% stake via IPO allotment. Stock set to list on 8 Sept 2026. No promoter holding involved.