Rays Of Belief Ltd.
BSE₹227–239
₹ 75 Cr
62 Shares
₹ 14,074
₹10
Financial Summary
| Particulars | FY 2025-26 |
|---|---|
| 816.62 | |
| 4.02 | |
| 820.64 | |
| 693.08 | |
| 69.03 | |
| 49.59 |
Subscription Details
Subscription
IPO Timeline
IPO Offer Start
1 Sept 2026
IPO Offer Ends
3 Sept 2026
TBA
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Funding capital expenditure towards establishment of new centres on leased premises | 413.61 |
| 2 | Expenditure for lease payments for our existing centres in India | 144.45 |
| 3 | Investment in our Subsidiary, Mom’s Belief US Inc., for making lease / license payments | 101.31 |
| 4 | Expenditure for brand awareness and inclusive outreach programs | 102.08 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
92.93%
Promoter stake
Offered to Public
31,37,810
shares
About the Company
Our Company is a For-Profit Social Enterprise providing intervention plans for children with NeurodevelopmentalDisorders (“NDDs”). Such plans are personalised based on each child’s unique needs and condition severity. NDDsinclude Autism Spectrum Disorder (“ASD”), Attention-Deficit/ Hyperactivity Disorder (“ADHD”), Down Syndrome(“DS”), Cerebral Palsy (“CP”), Intellectual Disability (“ID”), Learning Disabilities (“LD”), and GlobalDevelopmental Delays (“GDD”).
Use of Proceeds
1. Funding capital expenditure towards establishment of new centres on leased premises (tenure of 11 months - 3years) and associated technology (hardware) costs:(i) Setting up new centres by our Company (“Company Learning Centres”) and our Company inpartnership with Licensed Professionals (“Company Learning Centres in partnership with LicensedProfessionals”);(ii) Setting up new centres in collaboration with schools (“School Collaboration Centres”);(iii) Setting up of new centres to drive research, innovation, and best practices in the domain ofneurodevelopmental disorder (“Centre for Excellence and Research “/ “COER”);(iv) Setting up of in-house training academies for continuous learning and professional upskilling(“Upskilling Academy”); and (collectively referred to as “New Centres”)(v) Technology (hardware) costs.2. Expenditure for lease payments for our existing centres in India.3. Investment in our Subsidiary, Mom’s Belief US Inc., for making lease / license payments for our existing centres in the USA.4. Expenditure for brand awareness and inclusive outreach programs.5. Funding inorganic growth through unidentified acquisition and general corporate purposes.