Rays of Belief IPO Day 2: Issue subscribed 1.93x so far. GMP signals 16% listing pop. Apply or not?

As reported by mint - markets

The price band for the Rays of Belief IPO has been set at ₹227– ₹239 per equity share, with each share carrying a face value of ₹10.

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Rays of Belief IPO Day 2: Issue subscribed 1.93x so far. GMP signals 16% listing pop. Apply or not?

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