Minimum Investment
₹14,818
Price Range
₹227 to ₹239
Lot Size
62 shares
Issue Size
₹125 Cr
About the Company
Rays of Belief is a for-profit social enterprise that provides personalized intervention plans for children with Neurodevelopmental Disorders (NDDs) such as Autism, ADHD, Down Syndrome, Cerebral Palsy, Intellectual Disability, Learning Disabilities, and Global Developmental Delay. Our goal is to improve awareness, access, quality, and affordability of care, while empowering parents to support their child’s development actively.
Bookbuilding IPO
IPO Objectives
- Company Learning Centres and Company Learning Centres in partnership with Licensed Professionals,School Collaboration Centres
- Centre for Excellence and Research,Upskilling Academy,Technology (hardware) costs,Expenditure for lease payments for existing centres in India
- Investment in Subsidiary, Moms Belief US Inc., for making lease / license payments for existing centres in the USA,Expenditure for brand awareness and inclusive outreach programs,Funding inorganic growth through unidentified acquisition and General corpor
Important Dates
| Bid/Offer Opens On | 01-09-2026 |
| Bid/Offer Closes On | 03-09-2026 |
| Finalisation of Basis of Allotment | 04-09-2026 |
| Initiation of Refunds | 07-09-2026 |
| Credit of Shares to Demat | 07-09-2026 |
| IPO Listing Date | 08-09-2026 |
IPO Subscription Status
| Category | Offered Shares | Applied Shares | Times |
|---|---|---|---|
| QIB | 1,830,310 | 16,576,630 | 9.06x |
| NII | 784,500 | 218,965,648 | 279.11x |
| NII ( >10 lakh) | 523,000 | 158,898,374 | 303.82x |
| NII ( <10 lakh) | 261,500 | 60,067,274 | 229.70x |
| Retail | 523,000 | 102,437,330 | 195.86x |
| Total | 3,137,810 | 337,979,608 | 107.71x |
Frequently asked questions
What is the Rays of Belief IPO lot size?
The lot size is 62 shares with a minimum investment of ₹14,818.
When does the Rays of Belief IPO open and close?
Bidding is scheduled from 01-09-2026 to 03-09-2026 (subject to exchange updates).
How can I apply for the Rays of Belief IPO?
You can apply via the IPO Focuss - Ambica Finstock LLP mobile app during the bidding window using UPI or ASBA as available for this issue.
What is the Rays of Belief IPO listing date?
Shares are expected to list on 08-09-2026 (tentative; confirm from RHP / exchange notices).
Grey Market Premium (GMP)
Registrar
Kfin Technologies Ltd.
Lead Managers
- Mefcom Capital Markets Ltd
Company Promoters
- Nitin Bindlish and Carving Futures Pte.Ltd..
