Rays of Belief
AI Sentiment Score
Current GMP
₹0
Est. Listing: ₹0 (0%)
📅 IPO Timeline
1
Open
Sep 1
2
Close
Sep 3
3
Allotment
Sep 4
4
Refund
Sep 7
5
Demat
Sep 7
6
Listing
Sep 8
✨ AI Analysis & Prediction
Awaiting Analysis
AI analysis will be available once the prospectus data is processed.
🎯 Objectives of the IPO
| Requirement / Purpose | Amount (₹ Cr) |
|---|---|
| Company Learning Centres and Company Learning Centres in partnership with Licensed Professionals | ₹26.88 |
| School Collaboration Centres | ₹5.54 |
| Centre for Excellence and Research | ₹2.45 |
| Upskilling Academy | ₹2.05 |
| Technology (hardware) costs | ₹4.44 |
| Expenditure for lease payments for existing centres in India | ₹14.45 |
| Investment in Subsidiary, Moms Belief US Inc., for making lease / license payments for existing centres in the USA | ₹10.13 |
| Expenditure for brand awareness and inclusive outreach programs | ₹10.21 |
| Funding inorganic growth through unidentified acquisition and General corporate purposes | TBD |
📊 Financial Overview
| Metric | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue (₹ Cr) | Rs 22.13 Cr | Rs 30.61 Cr | Rs 36.42 Cr |
| Net Profit / PAT (₹ Cr) | Rs -8.46 Cr | Rs 0.85 Cr | Rs 5.88 Cr |
| EBITDA / Op. Profit (₹ Cr) | Rs -7.16 Cr | Rs 1.57 Cr | Rs 3.08 Cr |
| Borrowings (₹ Cr) | Rs 1.41 Cr | Rs 2.13 Cr | Rs 6.58 Cr |
| Total Assets (₹ Cr) | Rs 7.78 Cr | Rs 12.90 Cr | Rs 26.12 Cr |
| ROCE % | NA | 4.53% | 6.85% |
📋 Live Subscription Status
QIB
0.00x
NII
0.00x
Retail
0.00x
Total
0.00x
Updated: Aug 22, 2026 8:01 AM
🔗 Important Links & Lead Managers
- Check Allotment StatusCheck Now →
- Registrar WebsiteVisit →
- Download DRHP ProspectusDownload PDF 📥
- Download RHP ProspectusDownload PDF 📥
Lead Managers / Merchant Bankers
This issue is managed by Hem Securities Ltd., and Share India Capital Services Pvt. Ltd.
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.