1 week ago
Rays of Belief IPO to Open September 1
Rays of Belief runs Mom’s Belief, a company that helps children with developmental and learning-related conditions.
It creates personalised plans and teaches parents how to support their children.
The company had 136 centres in 57 cities as of March 31, 2026.
It had helped more than 58,000 children since beginning operations in 2018.
More than 2,500 children were actively enrolled in its programmes at that time.
The company plans to open its IPO on September 1.
It wants to use the money to open more centres and expand its services across India.
Its revenue increased, but its profit was lower than the previous year.
Mom’s Belief operator Rays of Belief plans to open its IPO on September 1.
The company provides personalised intervention plans for children with neurodevelopmental disorders.
As of March 31, 2026, it operated 136 centres across 57 cities in 20 states and Union Territories.
Rays of Belief served more than 58,000 children and had over 2,500 active children enrolled as of March 31, 2026.
Revenue rose to Rs 81.66 crore in Fiscal 2026, while profit declined to Rs 4.95 crore.
- Who
- Rays of Belief, the operator of Mom’s Belief, backed by Nitin Bindlish and Carving Futures Pte. Ltd.
- What
- The company plans to open an IPO and raise capital for expansion.
- Where
- The company operates across India and has planned expansion in India, Dubai and the UAE through related initiatives.
- When
- The IPO is scheduled to open on September 1; operating figures cited are as of March 31, 2026.
- Why
- It plans to widen its centre network, scale services across India and pursue a main-board listing.
Key facts
- IPO opening
- September 1
- Centres
- 136 centres across 57 cities in 20 states and Union Territories as of March 31, 2026
- Children served
- More than 58,000 children since operations began in 2018
- Active enrolment
- More than 2,500 children as of March 31, 2026
- Clinical workforce
- 3,340 full-time clinical professionals
- Fiscal 2026 revenue
- Rs 81.66 crore, compared with Rs 36.41 crore in Fiscal 2025
- Fiscal 2026 profit
- Rs 4.95 crore, compared with Rs 5.88 crore in Fiscal 2025









