IPO

IPO Synopsis

Rays of Belief Ltd
Registered Office: J-1919 Basement Chittranjan-,Park , New Delhi - 110019 , New Delhi , India.
Phone : +91 124 4075 498   Fax:
Email :  cs@momsbelief.com  
Website :  www.momsbelief.com
Initial public offering of upto 5,230,000 equity shares of face value of Rs10/- each ("equity shares") of Rays of Belief Limited ("the Company" or the "Issuer") for cash at a price of Rs[*] per equity share ("Issue Price") aggregating up to Rs[*] Crores (the "Issue"). The issue comprises of a fresh issue of upto 5,230,000 equity shares by the company aggregating upto Rs[*] Crores (the "Fresh Issue"). The issue shall constitute [*] % of the post issue paid-up equity share capital of the company. The company, in consultation with the brlm, may consider a pre-ipo placement, prior to filing of the pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlm. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the issue, subject to compliance with Rule 19(2)(b) of the scrr. the pre-ipo placement, if undertaken, shall not exceed 20% of the size of the issue. Prior to the completion of the issue and the allotment pursuant to the preipo placement, the company shall appropriately intimate the subscribers to the pre-ipo placement, that there is no guarantee that the company may proceed with the issue or the issue may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken). The face value of the equity shares is Rs10/- each and the issue price is [*] times the face value of the equity shares.
Issue Money Payable On
Opens On Closes On Application Allotment
01-Sep-26 03-Sep-26 Rs 0.00-0.00 Rs 0.00-0.00
Minimum Application for shares in Nos :0  Further Multiples of :0
  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Mefcom Capital Markets Limited
Project Financed through Current Offer 0.00
Post Issue Equity Share Capital 20.90
Issue Price Rs 0.00
Projects
Funding capital expenditure towards establishment of new centres on leased premises (tenure of 11 months - 3 years) and associated technology (hardware) costs: Expenditure for brand awareness and inclusive outreach programs
Expenditure for lease payments for the existing centres in India General corporate purposes
Investment in the company Subsidiary, Mom's Belief US Inc., for making lease / license payments for our existing centres in the USA
Promoted By Listing At Registrar to the Issue
  Nitin Bindlish
  Carving Futures Pte. Ltd.
  Vijay Kumar Bindlish
 BSE
 NSE
 KFin Techologies Ltd
Friday, August 21, 2026 12:00:00 AM
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