Rays of Belief Ltd, the company behind the Mom's Belief chain of child development centers, is set to launch its initial public offering (IPO) on September 1, 2026, according to the company's announcement.
The IPO aims to raise funds to support the company's ambitious expansion plans, which include opening 319 new centers. The company operates centers that provide therapy and support for children with developmental needs.
As of the announcement date, the company has not disclosed the issue price or the total amount it expects to raise. The IPO will open for subscription on September 1 and is expected to close on September 3, 2026, subject to regulatory approvals.
Mom's Belief has been a growing name in the child development sector, offering services such as occupational therapy, speech therapy, and behavioral therapy. The expansion is intended to increase access to these services across India.
