Rays of Belief
₹14,818(62 Shares)
Minimum Investment
IPO Dates
Sep 1, 2026 – Sep 3, 2026
Price Band
₹227–239 per equity share
Issue Size
₹125 Cr
Lot Size
62
Listing
Sep 8, 2026
Listing At
BSE, NSE
Rays of Belief Live Subscription Details
All IPOsAll Live IPOsNII Sub-Categories
bHNI (> ₹10L)
Bids above ₹10L
sHNI (< ₹10L)
Bids ₹2L to ₹10L
Overall Subscription
Total Bids Received
107.71x
Rays of Belief IPO Issue Details
- Issue Price
- ₹227-239 Per Equity Share
- Face Value
- ₹10 Per Equity Share
- Total Issue Size
- ₹125 Cr
- Fresh Share
- 52,30,000 shares(aggregating up to ₹125 crore)
- Listing At
- BSE, NSE
- Listing Date
- Sep 8, 2026
- Lead Manager
- Mefcom Capital Markets Limited
- Registrar
- Kfin Technologies Limited
Market Lot Details
Reservation Details
NII
7.85L
QIB
18.3L
Anchor
20.92L
Individual
5.23L
bhni
5.23L
shni
2.62L
shareholder
52.3L
Company Information
Ray of Belief is a profit-based social enterprise which provides personalized intervention programs for children suffering from Neurodevelopmental Disorders (NDDs), such as Autism Spectrum Disorder (A...
Valuations
RoNW
21.64%
PAT Margin
6.07%
Market Cap
Cr.
Financial Information (₹ in Crores)
* All figures are in ₹ Crores unless otherwise stated.
Objectives of the Issue
- 1Company Learning Centres and Company Learning Centres in partnership with Licensed Professionals
- 2School Collaboration Centres
- 3Centre for Excellence and Research
- 4Upskilling Academy
- 5Technology (hardware) costs
- 6Expenditure for lease payments for our existing centres in India
- 7Investment in our Subsidiary, Mom’s Belief US Inc., for making lease / license payments for our existing centres in the USA
- 8Expenditure for brand awareness and inclusive outreach programs
- 9Funding inorganic growth through unidentified acquisition and General corporate purposes
Rays of Belief – Promoter(s)
Contact Details
Corporate Office
J-1919, Basement, Chittaranjan Park, New Delhi, Delhi - 110019.
Rays of Belief Allotment & Registrar Details
Check AllotmentKfin Technologies Limited
Rays of Belief IPO Documents
Lead Managers
Mefcom Capital Markets Limited
Frequently Asked Questions — Rays of Belief IPO
The Rays of Belief IPO price band is set at ₹227.00 to ₹239.00 per equity share.
The total issue size of Rays of Belief IPO is ₹125 Cr.
The lot size for Rays of Belief IPO is 62 shares per lot. The minimum investment amount is approximately ₹14,818.
The Rays of Belief IPO opens on Sep 1, 2026 and closes on Sep 3, 2026.
The basis of allotment for Rays of Belief IPO is expected to be finalized on Sep 4, 2026.
Rays of Belief IPO is expected to be listed on Sep 8, 2026 on BSE, NSE.
The current GMP for Rays of Belief IPO is ₹14, suggesting an expected listing price of around ₹241.00. Note: GMP is an unofficial market indicator.
The registrar for Rays of Belief IPO is Kfin Technologies Limited. You can contact them at robl.ipo@kfintech.com.
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