Rays of Belief Ltd shares debuted flat at Rs 239 on September 8, matching the IPO price. The Rs 125 crore IPO saw overwhelming subscription across all investor categories. The company plans to use IPO proceeds for expanding learning infrastructure and technology upgrades. Financials show strong revenue growth but a decline in profit after tax. Rays of Belief offers intervention programs for children with neurodevelopmental disorders.

Rays of Belief Ltd shares debuted flat at Rs 239 on September 8, matching the IPO price. The Rs 125 crore IPO saw overwhelming subscription across all investor categories. The…

hares of Deepa Jewellers and Rays of Belief debuted on the bourses on Tuesday, with Deepa Jewellers making a strong debut at a 25% premium to its IPO price, while Rays of Belief…