Rays of Belief, which operates under the brand Mom’s Belief, will open its initial public offering on September 1, with a price band of Rs 227-239 per share. The IPO will close on September 3, while the anchor investor bidding will open on August 31. Investors can bid for a minimum of 62 shares and in multiples of 62 shares thereafter. The equity shares are proposed to be listed on the main board of BSE and NSE.
Rays of Belief IPO size
