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RAYS OF Belief Limited IPO

About RAYS OF Belief Limited

The Company is a for-profit social enterprise that provides personalised intervention plans for children with Neurodevelopmental Disorders (“NDDs”), tailored to each child’s specific needs and severity of condition. NDDs include autism spectrum disorder (“ASD”), Attention-Deficit/Hyperactivity Disorder (“ADHD”), Down Syndrome (“DS”), Cerebral Palsy (“CP”), Intellectual Disability (“ID”), Learning Disabilities (“LD”), and Global Developmental Delays (“GDD”). It services primarily cater to children from 18 months up to 12 years of age, with specialized programs for older children up to the age of 15 years focusing on vocational and life skills to facilitate a smooth transition to adulthood. Its centres offer a comprehensive and multidisciplinary suite of services, spanning early intervention, parental guidance, occupational therapy, language therapy and family support programs. Till date, they have served upwards of 58,000 children since commencement of its operations in 2018. In the Fiscals 2026, 2025, and 2024, they served 9,205, 8,585, and 9,344 children, respectively. (Source: CARE Report).

IPO Details

Issue Size

31.38

Price Range

₹227.00 - 239.00

Lot Size

62

Min Investment

₹14,818

Face Value

Issue Type

IPO

Exchange

BSE

ISIN

INE1FCO01014

GMP

47 (19.67)

IPO Doc

RHP PDF

IPO Timeline

Bidding Opens 01-09-2026
Bidding Closes 03-09-2026
Allotment Date 04-09-2026
Refund Initiation 07-09-2026
Listing Date 08-09-2026

Subscription Details

Retail

85.11x

NII

63.16x

QIB

0.87x

Total

18.29x

RAYS OF Belief Limited Lot Size

Application Lots Shares Amount
Retail (Min) 1 62 ₹14,818
Retail (Max) 1 62 ₹14,818
HNI (Min) 2 124 ₹29,636

FAQs on RAYS OF Belief Limited IPO

What are allotment date for the RAYS OF Belief Limited ?

Allotment: 04-09-2026

What are the open and close dates for the RAYS OF Belief Limited IPO ?

Opens on 01-09-2026, closes on 03-09-2026.

Can NRIs apply for the RAYS OF Belief Limited IPO through PL Capital?

Yes, NRIs can apply for the RAYS OF Belief Limited IPO through PL Capital, subject to RBI and SEBI guidelines. Applications can be made via the NRE or NRO account route.

Where is the RAYS OF Belief Limited IPO getting listed?

The RAYS OF Belief Limited IPO will be listed on BSE. The exact listing date is 08-09-2026.

What is the minimum and maximum investment allowed in the RAYS OF Belief Limited IPO?

The minimum investment for retail investors in the RAYS OF Belief Limited IPO is ₹14,818. The maximum retail investment allowed is ₹14,818.

What is the GMP for this IPO?

Current GMP is 47 (19.67%)

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