Rays of Belief IPO GMP, dates, market lot, financials and allotment are covered in detail below.
Rays of Belief IPO GMP (Grey Market Premium)
Track live Rays of Belief IPO GMP in the dynamic table. Grey market premium is unofficial.
Rays of Belief IPO Date — Open Date & Last Day to Apply
Rays of Belief IPO open, close (last day to apply), allotment and listing dates are shown in the timeline.
Rays of Belief IPO Market Lot
Rays of Belief IPO market lot and application amount are listed in the lot table.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail Minimum | 1 | 62 | ₹14,818 |
| Retail Maximum | 1 | 62 | ₹14,818 |
| S-HNI Minimum | 2 | 124 | ₹29,636 |
| B-HNI Minimum | 8 | 496 | ₹118,544 |
Rays of Belief IPO Price Band & Issue Size
About Rays of Belief
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.
Company Financials
Company financials for Rays of Belief appear in the table when available from offer documents.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹184.81 | ₹154.97 | ₹32.10 | ₹251.58 |
| 2024 | ₹206.45 | ₹175.85 | ₹34.44 | ₹339.25 |
| 2025 | ₹322.58 | ₹261.43 | ₹28.13 | ₹455.49 |
| Dec 2025 | ₹236.50 | ₹186.96 | ₹38.69 | ₹561.34 |
Company Valuation – FY2026
Review Rays of Belief valuation multiples in the RHP.
Peer Group Comparison
Compare Rays of Belief with listed peers from the offer document before applying.
Promoters and Holding Pattern
Nitin Bindlish and Carving Futures Pte
Objects of the Issue
See RHP for Rays of Belief objects of the issue.
Rays of Belief IPO Subscription Status
Category-wise subscription for Rays of Belief IPO updates live from exchange / sync data.
Should You Apply for Rays of Belief IPO?
Weigh business strengths vs risks. GMP and subscription are sentiment tools only.
Strengths
- Review RHP strengths
- Track live subscription
Risks
- GMP is unofficial
- Listing gains not guaranteed
How to Check Rays of Belief IPO Allotment
Check Rays of Belief IPO allotment on the registrar site using PAN or application number.
- Open the registrar allotment link for Rays of Belief IPO.
- Select the company / IPO name.
- Enter PAN or application number.
- Submit to view Rays of Belief IPO allotment status.
Rays of Belief IPO FAQs
What is Rays of Belief IPO GMP?
See the live GMP table on this page; it updates automatically.
What is the last day to apply for Rays of Belief IPO?
Close date: 03 Sep 2026.
What is Rays of Belief IPO market lot?
Lot size is 62 shares — see market lot table.
When does Rays of Belief IPO open?
Open date: 01 Sep 2026.
How to check Rays of Belief IPO allotment?
Use the registrar portal with PAN / application number after allotment date.