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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 on September 3. The company plans to use the proceeds to expand its centre network across India.
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thehindubusinessline.com
Rays of Belief's IPO to open on Sep 1; price band set at ₹227-239/share
Rays of Belief's IPO opens on September 1, with shares priced between ₹227-239, targeting ₹474-500 crore market cap.
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For-profit social enterprise Rays of Belief Ltd to come out with IPO to fund expansion
Rays of Belief Ltd plans an IPO to fund expansion, offering shares priced between ₹227 and ₹239, starting September 1, 2026.
