IPO Snapshot
 
Rays Of Belief Ltd.
Issue Open Date 01-Sep-26  
Issue Closing Date 03-Sep-26  
Application Money 100  
Allotment Money  
Price Band -  
Minimium Application No.  
Issue Size (Shares) 5230000  
Market Lot 1  
Objective
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 existingcentres in the USA.4. Expenditure for brand awareness and inclusive outreach programs.5. Funding inorganic growth through unidentified acquisition and general corporate purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors        
Qualified Institutional Buyers        
Retail Individual Investors        
Business Description:
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”).
Promoter's Holding
Total Share Capital   14374264  
Offered to Public   5230000  
Promoter's Holding (Pre-Issue)   92.93  
Promoter's Holding (Post-Issue)    
Address
J-1919
Basement
Chittranjan Park

New Delhi ,
Delhi ,
110019
Phone :
Email : cs@momsbelief.com
Website : www.momsbelief.com
Registrar
KFIN Technologies Ltd.
301
The Centrium
3rd Floor
57
Lal Bahadur Shastri Road
Nav Pada
Kurla (West)
Mumbai
Listed at
BSE, NSE
Lead Manager
Mefcom Capital Markets Ltd
Promoters
Carving Futures Pte. Ltd.
Nitin Bindlish