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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%
Subscription•107.71x total demand•Updated 08 Sep 2026, 04:15 AM
QIB9.06x
Popular / Warm DemandOffered: 18,30,310 sh
Nib279.11x
🔥 Blockbuster Sizzling Demand!Offered: 7,84,500 sh
Hnis(10l +)303.82x
🔥 Blockbuster Sizzling Demand!Offered: 5,23,000 sh
Hnis (2-10l)229.70x
🔥 Blockbuster Sizzling Demand!Offered: 2,61,500 sh
Retail195.87x
🔥 Blockbuster Sizzling Demand!Offered: 5,23,000 sh
CategoryOfferedAppliedTimes
QIB18,30,3101,65,76,6309.06x
Nib7,84,50021,89,65,648279.11x
Hnis(10l +)5,23,00015,88,98,374303.82x
Hnis (2-10l)2,61,5006,00,67,274229.7x
Retail5,23,00010,24,37,640195.87x
Segment Subscription Demand
Segment / CategoryDemand (Shares)Offered (Shares)Times Sub.
QIB396.1843.749.06x
Fiis69.310Open
Fis1.050Open
Others325.820Open
Retail2,448.2612.5195.86x
Hnis 2+1,435.616.25229.70x
Hnis 10+3,797.6712.5303.81x
Application-wise Breakup
CategoryReservedAppliedTimes Sub.
Retail8,43514,59,809173.07x
Hnis(10l +)60337,44562.10x
Hnis (2-10l)30167,183223.20x

Rays of Belief Limited IPO Live Subscription Status & Category Bidding Analysis (2026)

Track the live subscription status and investor bidding numbers for Rays of Belief Limited (MOMSBELIEF) IPO. The issue opened for bidding across Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII/HNI), and Retail Individual Investors (RII). Overall, the IPO has been subscribed 107.71x so far. Check real-time grey market demand on our Rays of Belief Limited GMP Page.

QIB CategoryLiveInstitutional
NII / HNI CategoryLiveNon-Institutional
Retail (RII)LiveRetail Investors
Total Subscription107.71xOverall Multiplier

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