For-profit social enterprise Rays of Belief Ltd to come out with IPO to fund expansion

Rays of Belief IPO: Mom's Belief operator announces price band for issue opening on September 1

Rays of Belief, which operates under the Moms Belief brand, will open its IPO on September 1, with a price band of Rs 227-239 per share. The Rs 125 crore issue comprises a fresh issue of 52.30 lakh shares and will close…