Rays of Belief (Mom’s Belief) IPO 2026
Closed₹121.86 Cr (est.)
₹227 – ₹239
62
shares per lot
₹14,818
IPO Details
Issue Information
Issue Size & Shares
Price & Investment
Important Dates
Listing Performance
IPO Timeline
IPO Opens
Sep 01, 2026 ✓ Completed
IPO Closes
Sep 03, 2026 ✓ Completed
Registrar & Allotment Status
Registrar details, lead managers, and allotment status.
Allotment Status Not Yet Available
Allotment details will be updated once finalized. Please check back later.
Lot Size & Investment
Minimum Lot
62 shares
Minimum Investment
₹14,818
Financial Highlights
Key Performance Indicators (30 sep 2025)
5.7%
18.3%
2.9%
3.1%
10.1%
About Rays of Belief (Mom’s Belief)
Rays of Belief IPO is a book build issue of ₹125.00 crores. The issue is entirely a fresh issue of 52.30 lakh shares of ₹125.00 crore.
Objectives of the Issue
Use of IPO proceeds as disclosed in the offer document.
- 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
- Issue Expenses
Promoter Holding
Pre-IPO Holding
91.72%
Post-IPO Holding
68.77%
Promoter dilution: 22.95%
Reservation & Allotment
Category-wise reservation of shares for this IPO.
Rays of Belief (Mom’s Belief) IPO FAQs
What is Rays of Belief (Mom’s Belief) IPO?
Rays of Belief IPO is a book build issue of ₹125.00 crores. The issue is entirely a fresh issue of 52.30 lakh shares of ₹125.00 crore.
What is the Rays of Belief (Mom’s Belief) IPO price band?
The Rays of Belief (Mom’s Belief) IPO price band is ₹227 – ₹239 per share.
When does Rays of Belief (Mom’s Belief) IPO open and close?
The Rays of Belief (Mom’s Belief) IPO opens on Sep 01, 2026 and closes on Sep 03, 2026.
What is the lot size and minimum investment for Rays of Belief (Mom’s Belief) IPO?
The Rays of Belief (Mom’s Belief) IPO lot size is 62 shares and the minimum investment is ₹14,818.
Who is the registrar of Rays of Belief (Mom’s Belief) IPO?
The registrar for Rays of Belief (Mom’s Belief) IPO is Kfin Technologies Ltd..
Key Dates
Disclaimer: All information on this page is for news, educational, and research purposes only. Grey Market Premium (GMP) is unofficial, unregulated, and indicative — it does not represent a guaranteed listing price. We do not provide investment advice. Always consult a SEBI-registered investment advisor before making investment decisions.