Rays of Belief IPO Dates, Review, Price, Allotment Details 2026

The company Rays of Belief IPO will be hit the market September 01, 2026 and close on September 03, 2026. The Company has filed the RHP of this IPO. According to RHP, the company wants to raise ₹125.00 crore through IPO. The company will issue fresh shares of ₹125.00 crores.

Rays of Belief Ltd. is a profit-oriented social enterprise focused on supporting children with Neurodevelopmental Disorders (NDDs). Its services cover conditions such as Autism Spectrum Disorder (ASD), ADHD, Down Syndrome, Cerebral Palsy, Intellectual Disability, Learning Disabilities and Global Developmental Delays. The company develops customised intervention programs based on each child’s individual needs. You can check Rays of Belief IPO GMP here.

Rays of Belief established its first centre in Gurgaon in 2018 and has expanded its Mom’s Belief network from 71 centres in Fiscal 2023 to 136 centres as of March 31, 2026. These centres operate across 57 cities and 20 states and union territories, with a significant focus on Tier 2 markets. The network consists of 42 Tier 1, 77 Tier 2 and 17 Tier 3 centres.

The company mainly works with children between 18 months and 12 years, while certain specialised programs are offered up to 15 years, particularly for vocational and life-skill development. Its multidisciplinary services include early intervention, occupational therapy, language therapy, parental counselling and family support.

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Each centre provides access to 150+ teaching tools, while home-learning kits offer more than 2,000 teaching resources, supported by follow-up sessions and progress tracking. As of March 31, 2026, the company employed 340+ full-time clinical professionals.

In June 2025, Rays of Belief acquired Mom’s Belief US, Inc. as a wholly owned subsidiary and Allergy and Immunology Virginia, LLC as a step-down subsidiary in the United States. The transaction expanded its international presence by adding three centres in Virginia, located in Salem, Lynchburg and Roanoke. You can check Rays of Belief IPO subscription status here.

Rays of Belief IPO KPI & Review :

Rays of Belief IPO Details :

IPO Open :	September 01, 2026
IPO Close :	September 03, 2026
Issue Type :	Book Building Issue
Face Value :	₹10 Equity Share
Price Band :	₹227 – ₹239 Per Share
Listing On :	BSE, NSE
Issue Size :	₹125.00 Cr {52,30,000 Shares}
Fresh Issue :	₹125.00 Cr {52,30,000 Shares}
Reserved Quota :	[QIB: 75%] [NII: 10%] [RII: 15%]
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