Rays of Belief IPO Allotment Status: Check Online on Registrar & NSE,BSE

  • Posted: 03 Sep 2026, 5:00 PM IST
  • 4 min read

IPO Allotment Status

As on 03 September 2026, 05:00 PM IST, the allotment for the Rays of Belief IPO of ₹125 crores is expected to be finalized on 04 September 2026. Investors can check the allotment status through KFin Technologies Limited or on the NSE,BSE website using their PAN number or application number.

The subscription for the Rays of Belief IPO closed on 03 September 2026. The IPO was open for bidding from 01 September 2026 to 03 September 2026 and was priced in the range of ₹227 to ₹239 per share. The total issue size was ₹125.

Shares are expected to be credited to investors’ demat accounts on 07 September 2026, while the IPO is scheduled to list on NSE,BSE on 08 September 2026.

Step 1: Visit KFin Technologies Limited
Step 2: Select MOMSBELIEF from the drop-down menu on the page
Step 3: Enter details required like PAN Card, Application Number, or Demat Account Number
Step 4: Click on the ‘Submit’ Button and view your allotment status

Step 1: Go to Status of Issue Application Page on NSE Website
Step 2: Select “Equity & SME IPO bid details”
Step 3: Select IPO Company Code MOMSBELIEF from the Dropdown
Step 4: Enter your PAN & Application Number in the required field
Step 5: Click on “Submit” Button and view your allotment status

Step 1: Go to Status of Issue Application Page on BSE website
Step 2: Select “Equity” as issue Type
Step 3: Select MOMSBELIEF from the Dropdown
Step 4: Enter your Application Number or PAN Number
Step 5: Enter Captcha
Step 6: Click on “Submit” Button and view your allotment status

(As on 03 September 2026, 05:00 PM IST)

If you get Rays of Belief IPO allotment, the company’s shares will be credited to your demat account on 07 September 2026, based on your allotment. Once the shares are credited, the amount blocked in your bank account will be debited accordingly.

After the IPO is listed on 08 September 2026 on the NSE,BSE, you may choose to either hold the shares as a long-term investment or sell them in the market.

If you didn’t receive allotment of Rays of Belief IPO:
• Refunds will be initiated on or about 07 September 2026.
• The amount will be credited to your bank account linked to UPI On the other hand, if allotted shares will reflect in your Demat by 07 September 2026
• After the listing date, you can continue to track and invest in the stock directly through Kotak Neo

Rays of Belief Limited was originally incorporated as Rays of Belief Private Limited as a Private limited company dated August 23, 2017, with the Central Registration Centre. Subsequently, upon conversion of Company into a Public limited, name was changed to Rays of Belief Limited on November 25, 2024 and a fresh Certificate of Incorporation was obtained from the Central Processing Centre. Company was founded, primarily to address key barriers related to NDDs in the behavioural health domain, including lack of awareness, limited access, inadequate quality of care and affordability. Accordingly, the intervention plans are prepared to empower parents and families to become cotherapists in their childs developmental journey.The Company started with its first centre in Gurgaon in 2018 and subsequently scaled the operations from 71 centres in FY 2023 to 136 centres as of September 30, 2025. Based on number of centres, the Company is Indias largest For Profit Social Enterprise providing intervention plans for children with Neurodevelopmental Disorders (NDDs). So far, Company has served upwards of 56,500 children since commencement of its operations in 2018. The services primarily cater to children from 18 months up to 12 years of age, with specialized programs for older children up to the age of 15 years focusing on vocational and life skills to facilitate a smooth transition to adulthood. These centres provide a comprehensive and multidisciplinary suite of services, spanning early intervention, parental guidance, occupational therapy, language therapy and family support programs. Apart from this, these centres are equipped with 150+ teaching tools, including sensory equipment, puzzles, and worksheets. Additionally, they provide homebased learning kits with 2,000+ teaching tools, supported by structured followups and monitoring to track progress.In FY 202324, Company launched 20 new Early Intervention Centres (EICs) to expand outreach for early development support. Company has filed a Draft Red Herring Prospectus with SEBI and is planning the issuance of 6,000,000 Equity Shares having the face value of Rs 10 each through Fresh Issue.

The allotment date of the Rays of Belief IPO is 04 September 2026.

You can check the allotment status of the Rays of Belief IPO on the IPO allotment page of the KFin Technologies Limited or the NSE,BSE by entering your PAN number, application number, or Demat account details.

The Rays of Belief IPO refund date is 07 September 2026.

The official Registrar of Rays of Belief IPO is KFin Technologies Limited.

The shares of Rays of Belief are expected to be listed on NSE,BSE on 08 September 2026. You can track listing gains or losses on Kotak Neo.

Buying Rays of Belief on the listing day depends on the company’s valuation, market sentiment, and your investment goals. Always analyse the stock fundamentals and listing price before making any investment decision.

This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer

About the Author
Neha Dubey
Neha Dubey

Neha Dubey has spent 6+ years turning market chaos into something readable. At Kotak Neo, she works on IPOs and writes for the Market Ready newsletter — making sense of the markets so you don't have to.

Off the clock, she's chasing good stories, new cuisines, and the occasional impromptu singalong. A believer in small pleasures, with excellent taste for a well-timed splurge.

Right Tools, Rich Insights

Open Demat Account

Open a Free Demat Account and
Enjoy ₹0 Brokerage For First 30 Days