Rays of Belief IPO Details, Financials, Valuation & Peers
Explore Rays of Belief IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Overview of Rays of Belief Limited
Rays of Belief Limited is the parent company of Mom’s Belief, a child development and therapy organization dedicated to empowering families through evidence-based practices. The company focuses on creating personalized therapeutic programs for children with autism and other developmental delays to help them achieve their full potential.
Industry Focus The organization operates within the child development and therapeutic services sector, utilizing Integrated Learning Centres to provide expert guidance in child psychology, speech, behaviour, and occupational therapy.
Services
- Occupational Therapy
- Speech Therapy
- Special Education
- Applied Behaviour Analysis (ABA)
- Language and Communication Therapy
- Adult Counselling for parents and caregivers
Key Highlights
- Evidence-Based Care: Provides programs built on research-backed methodologies to support developmental needs.
- Holistic Approach: Focuses on comprehensive growth and the emotional well-being of children.
- Inclusive Environment: Operates Integrated Learning Centres that offer a supportive setting for children with diverse needs.
- Multidisciplinary Expertise: Utilizes a team of professionals across various clinical and educational disciplines.
- Family-Centric Support: Extends its therapeutic model to include resources for parents and caregivers to manage challenges effectively.
Objects of the Issue
- 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 corporate purposes
- Total
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 01 Sep - 03 Sep 2026 |
| IPO Price Band | ₹227 - ₹239 per share |
| Fresh Issue | ₹125.00 crore |
| Offer For Sale | NIL |
| Total IPO Size | ₹125.00 crore |
| Face Value | ₹10 |
| Listing On | BSE, NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 01 Sep 2026 |
| IPO Closing Date | 03 Sep 2026 |
| Basis Of Allotment | 04 Sep 2026 |
| Refunds | 07 Sep 2026 |
| Demat Transfer | 07 Sep 2026 |
| IPO Listing Date | 08 Sep 2026 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|
| Assets | 12.89 | 26.12 | 50.89 |
| Total Income | 30.76 | 36.54 | 82.06 |
| Profit After Tax | 0.85 | 5.88 | 4.96 |
| EBITDA | 1.49 | 3.02 | 11.91 |
| NET Worth | 5.78 | 15.02 | 30.81 |
| Reserves and Surplus | 5.47 | 14.70 | 15.22 |
| Total Borrowing | 4.36 | 3.61 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | P/E | EPS | RoNW | NAV |
|---|
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Retail Individual Investor (RII) | Not more than 10% of the Issue |
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 9.06 |
| Non-Institutional Investor (NII/HNI) | 279.11 |
| Retail Individual Investor (RII) | 195.86 |
| Total | 107.71 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222/ 18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Lead Managers
- 1Mefcom Capital Markets Ltd.
Company Address
Rays of Belief Ltd.J-1919, Basement,
Chittranjan Park, New Delhi,
Delhi, New Delhi – 110019
Website: https://www.momsbelief.com/
Phone: +91 124 407549
Email: cs@momsbelief.com
FAQs
- What is the issue size of the Rays of Belief IPO?The Rays of Belief IPO has an issue size of ₹125.00 crore. This includes a fresh issue of ₹125.00 crore and an offer for sale (OFS) of NIL.
- What is the price band of the Rays of Belief IPO?The price band for the Rays of Belief IPO is ₹227 - ₹239 per share.
- What are the bidding dates for the Rays of Belief IPO?The Rays of Belief IPO will open for bidding on 01 Sep 2026 and close on 03 Sep 2026.
- What is the allotment date for the Rays of Belief IPO?The allotment date for the Rays of Belief IPO is 04 Sep 2026.
- What is the minimum lot size and investment required for the Rays of Belief IPO?The minimum lot size for the Rays of Belief IPO is 2270023900 shares and the minimum investment required is ₹5,42,53,57,12,100.
- What is the listing date for the Rays of Belief IPO?The listing date for the Rays of Belief IPO is 08 Sep 2026.
- What is the Rays of Belief IPO grey market premium?The grey market premium (GMP) for the Rays of Belief IPO is currently at ₹15, with an expected listing gain of approximately 6.28%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.