listed · IPO · BSE/NSE · listed 7 September 2026

Rays of Belief Limited

Raised ₹125.00 Cr at ₹239 per share.

-4.5%

listing-day move

Issue price
₹239
Issue size
₹125.00 Cr
Listing-day close
₹228.25
Return since listing
-6.39%

Company research

Tijori Finance

Rays Of Belief is in the Hospital & Healthcare sector with a M.cap of ₹499 Cr and a PE ratio of 100.74.

Financials — ₹ crore
Period Revenue PAT Debt
Mar 2024
30.61 Cr
0.85 Cr 0 Cr
Mar 2025
36.42 Cr
5.88 Cr 4.36 Cr
Mar 2026
81.66 Cr
4.96 Cr 3.61 Cr
Revenue mix
Learning Centres in partnership with Licensed Professionals
27%
Learning Centres
4.7%
Excellence and Research
0.7%
Others
68%
Peer comparison
Company Mkt cap Revenue P/E P/B
MOMSBELIEF 456 81.66 Cr 91.99 14.8
RAINBOW 14,796 1,703 Cr 52.39 9.07

Exchange filings

Fields captured from NSE and BSE

Data sources: BSE , BSE , MONEYCONTROL , YAHOO , NSE , NSE . Data quality clean.