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MOMSBELIEFEQ / NSE, BSEListed

Rays of Belief Limited

Rays of Belief is a social enterprise focused on providing personalized care and therapy for children with neurodevelopmental disorders such as autism, ADHD, and learning disabilities, aiming to improve access, affordability, and quality of support while also empowering parents. Starting with its first centre in Gurgaon in 2018, the company has expanded rapidly to over 130 centres across 57 cities in India, mainly in Tier 2 locations, under the brand Mom’s Belief. It offers services like early intervention, occupational and language therapy, along with family support programs for children typically aged 18 months to 12 years, and extended programs up to 15 years. Having supported over 56,000 children so far, the company also expanded internationally by acquiring Mom’s Belief US, adding centres in Virginia, further strengthening its reach and impact.

₹227 - ₹239107.71x sub
Listed Price₹239.00
Listing Gain+0.00%
Timeline•Bookbuilding IPO
Open01 Sep 2026
Close03 Sep 2026
Allotment04 Sep 2026
Listing08 Sep 2026

Quota Reservation Portions

AnchorPortion: 20,92,190 shares
40%
QIBPortion: 18,30,310 shares
35%
HNIPortion: 7,84,500 shares
15%
RetailPortion: 5,23,000 shares
10%

Minimum Application Bracket Matrix

Retail1 lots / 62 shares
₹14,818
sHNI14 lots / 868 shares
₹2,07,452
bHNI68 lots / 4,216 shares
₹10,07,624

About the Company

Rays of Belief is a social enterprise focused on providing personalized care and therapy for children with neurodevelopmental disorders such as autism, ADHD, and learning disabilities, aiming to improve access, affordability, and quality of support while also empowering parents. Starting with its first centre in Gurgaon in 2018, the company has expanded rapidly to over 130 centres across 57 cities in India, mainly in Tier 2 locations, under the brand Mom’s Belief. It offers services like early intervention, occupational and language therapy, along with family support programs for children typically aged 18 months to 12 years, and extended programs up to 15 years. Having supported over 56,000 children so far, the company also expanded internationally by acquiring Mom’s Belief US, adding centres in Virginia, further strengthening its reach and impact.

Company Promoters

Nitin BindlishCarving Futures Pte. Ltd.

Rays of Belief Limited IPO Details (2026): Price Band, Lot Size, Issue Size & Dates

Complete issue details for Rays of Belief Limited (MOMSBELIEF) IPO. Find comprehensive information including equity share price band, issue opening and closing dates, retail lot size, promoter shareholding pattern, lead managers, and registrar contacts. Check live grey market demand on our GMP Tracker.

Price Band₹227 - ₹239
Retail Lot Size62 Shares
Face Value₹10 per share
Min. Outlay₹14,818

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