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Rays of Belief

Open
1 Sep
2026
Close
3 Sep
2026
Allotment
4 Sep
2026
Listing
8 Sep
2026
Price band
₹227.00-239.00
Issue size
₹125.00 Cr
GMP
₹0 (+0.00%)
Subscription
Issue breakup
● Fresh issue 100%
₹125 Cr fresh. Fresh issue raises new capital for the company; OFS is existing shareholders selling their stake.
Lot size
ApplicationLotsSharesAmount
Retail (Min)162₹14,818
Retail (Max)13806₹1,92,634
S-HNI (Min)14868₹2,07,452
S-HNI (Max)674,154₹9,92,806
B-HNI (Min)684,216₹10,07,624
About the company

Updated on Aug 24, 2026 Incorporated in 2017, Rays of Belief Ltd. is a for-profit social enterprise providing personalised intervention plans for children with Neurodevelopmental Disorders (NDDs), including Autism Spectrum Disorder (ASD), ADHD, Down Syndrome, Cerebral Palsy, Intellectual Disability, Learning Disabilities and Global Developmental Delays. The Company started its first centre in Gurgaon in 2018 and has since expanded from 71 centres in Fiscal 2023 to 136 centres as of March 31, 2026, under its brand name Mom’s Belief. These centres are spread across 57 cities and 20 states and union territories in India, with a strong presence in Tier 2 cities. The network includes 42 Tier 1, 77 Tier 2 and 17 Tier 3 centres, helping extend developmental care to underserved and semi-urban areas. The Company primarily serves children aged 18 months to 12 years, while specialised programs are available for children up to 15 years, focusing on vocational and life skills.

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Aggregated by CoinWhisperer for convenience. Figures (GMP, subscription, price band) can change and may be delayed — always verify on the official source and with your broker before applying. Do your own research.

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