Rays of Belief Limited
ListedMainboardHealthcare & Wellness · NSE / BSE
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.
Price Band
₹227 – ₹239
Issue Size
₹523.00 L Cr
Lot Size
62 shares
GMP
₹15
+6.3%
Est. Listing
₹254
at current GMP
Subscribed
107.71x
overall
Open
1 Sep 2026
Close
3 Sep 2026
Allotment
4 Sep 2026
Refund
5 Sep 2026
Demat Credit
6 Sep 2026
Listing
8 Sep 2026
Last updated 20 days ago
Official Registrar Verification
Rays of Belief Limited Allotment Status
Designated Registrar: Kfin Technologies Limited
Allotment Date
4 Sep 2026
Basis finalization
Refunds Initiate
5 Sep 2026
Mandate release
Demat Credit
6 Sep 2026
Shares in demat
Listing Debut
8 Sep 2026
Trading begins
How to Check Rays of Belief Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Kfin Technologies Limited's allotment portal.
- Select Rays of Belief Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Rays of Belief Limited Public Issue & Market Profile
Rays of Belief Limited is bringing an initial public offering (IPO) in the Healthcare & Wellness sector with an aggregate issue size of ₹52,30,000 Crores. The shares are offered at a price band of ₹227 to ₹239 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2026-09-03, the basis of allotment is scheduled to be finalized on 2026-09-04. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.