Rays of Belief IPO is to open on September 1, 2026. It is a Mainboard IPO that will raise ₹125 crores. The Rays of Belief IPO price band is fixed at ₹227 to ₹239 with a market lot of 62 Shares.
Rays of Belief IPO GMP Live Rates day by day with Kostak rates.
| Date | IPO GMP | GMP Trend | Gain | Last Updated |
| 8 September | ₹15 | 🔴 | 6.28% | 17:45 |
| 7 September | ₹20 | 🟢 | 8.37% | 17:35 |
| 4 September | ₹15 | 🟡 | 6.28% | 09:16 |
| 3 September | ₹15 | 🔴 | 6.28% | 18:44 |
| 2 September | ₹38 | 🔴 | 15.90% | 18:06 |
| 1 September | ₹48 | 🟢 | 20.08% | 15:23 |
| 31 August | ₹30 | 🟢 | 12.55% | 17:42 |
| 29 August | ₹25 | 🟢 | 10.46% | 17:57 |
| 28 August | ₹10 | 🔴 | 4.18% | 09:11 |
| 27 August | ₹18 | 🟢 | 7.53% | 17:37 |
| 26 August | ₹- | – | -% | 16:28 |
| 25 August | ₹- | – | -% | 17:33 |
| 24 August | ₹- | – | -% | 17:38 |
| 22 August | ₹- | – | -% | 17:30 |
| 21 August | ₹- | – | -% | 18:00 |
| 20 August | ₹- | – | -% | 18:00 |
Rays of Belief IPO Details
| IPO Open Date | September 1, 2026 |
| IPO Close Date | September 3, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹227 to ₹239 Per Share |
| Issue Size | Approx ₹125 Crores |
| Fresh Issue | Approx ₹125 Crores |
| Offer for Sale | Nil |
| Issue Type | Book Built Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Rays of Belief IPO Dates
| IPO Open Date: | September 1, 2026 |
| IPO Close Date: | September 3, 2026 |
| Basis of Allotment: | September 4, 2026 |
| Refunds: | September 7, 2026 |
| Credit to Demat Account: | September 7, 2026 |
| IPO Listing Date: | September 8, 2026 |
Business Overview
Rays of Belief, started in 2017, is a for-profit social enterprise that offers customized intervention programs for children with Neurodevelopmental Disorders (NDDs). The conditions they help with are Autism Spectrum Disorder (ASD), ADHD, Down Syndrome, Cerebral Palsy, Intellectual Disability, Learning Disabilities, and Global Developmental Delays.
The company serves children between the ages of 18 months and 12 years, while also offering specialised programs for children up to 15 years, which teach vocational and life skills to help them become more independent. Its services include early intervention, Parental guidance, Occupational therapy, Language therapy, and family support programs. Furthermore, the company has a large range of learning resources, including 150+ teaching tools at centres, 2,000+ tools for home learning, Regular follow-ups, Progress monitoring, and 340+ clinical professionals.
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