IMSL Integrated Master Securities Pvt Ltd

Registered Office: J-1919 Basement Chittranjan-,Park, New Delhi - 110019, New Delhi, India. Phone : +91 124 4075 498 Fax:
Email : cs@momsbelief.com
Website :www.momsbelief.com

Initial public offering of upto 5,230,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Rays of Belief Limited ("the Company" or the "Issuer") for cash at a price of Rs. 227-239 per equity share ("Issue Price") aggregating up to Rs. 118.72-125 Crores (the "Issue"). The issue comprises of a fresh issue of upto 5,230,000 equity shares by the company aggregating upto Rs. 118.72-125 Crores (the "Fresh Issue"). The issue shall constitute [*] % of the post issue paid-up equity share capital of the company. The company, in consultation with the brlm, has undertaken a private placement of equity shares, as permitted under applicable law, aggregating to Rs. 5.90 Crores ("Pre-Ipo Placements"). The pre-ipo placements were made at a price of Rs. 284 per equity share (including the premium of Rs. 274 per equity share), and Rs. 290 per equity share (including the premium of Rs. 280 per equity share) bearing face value Rs. 10 each, by way of a private placement in accordance with section 42 and section 62 of the companies act, 2013 and rule 14 of the companies (prospectus and allotment of securities) rules, 2014, and the companies (share capital and debentures) rules, 2014, each as amended. The pre-ipo placements have been undertaken pursuant to the approval of the board dated February 13, 2026, March 18, 2026 and April 29, 2026, and shareholders dated February 14, 2026, March 19, 2026 and April 30, 2026, respectively, and the allotment of the said equity share was made pursuant to board resolution dated March 03, 2026, March 24, 2026, and May 27, 2026, respectively. The amount raised pursuant to the pre-ipo placements was reduced from the fresh issue and the revised size of the fresh issue is upto 5,230,000 equity shares bearing face value of Rs. 10 each aggregating up to Rs. 125 Crores. The pre-ipo placements did not exceed 20% of the size of the fresh issue, as disclosed in the udrhp-i. The company has appropriately intimated the subscribers to the pre-ipo placements, prior to allotment that there is no guarantee that the company may proceed with the issue or the issue may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to the pre-ipo have been appropriately made in the relevant sections of this red herring prospectus and prospectus. Price Band: Rs. 227 to Rs. 239 per equity share of face value of Rs. 10 each. The floor price is 22.7 times of the face value of the equity shares and the cap price is 23.9 times of the face value of the equity shares. Bids can be made for a minimum of 62 equity shares of face value of Rs. 10 each and in multiples of 62 equity shares of face value of Rs. 10 each thereafter.

Issue
Opens On	Closes On
01-Sep-26	03-Sep-26

Money Payable On
Application	Allotment
227.00	0.00

Minimum Application for shares in Nos : 62 Further Multiples of : 62

	Cr	Lead Managers to the Issue
Project Cost (.Cr)	0.00	Mefcom Capital Markets Limited
Project Financed through Current Offer (.Cr)	118.72
Post Issue Equity Share Capital (.Cr)	20.90
Issue Price ()	227.00

Projects

Funding capital expenditure towards establishment of new centres on leased premises (tenure of 11 months - 3 years) and associated technology (hardware) costs:

Expenditure for lease payments for the existing centres in India

Investment in the company Subsidiary, Mom's Belief US Inc., for making lease / license payments for our existing centres in the USA

Expenditure for brand awareness and inclusive outreach programs

General corporate purposes

Promoted By

Nitin Bindlish

Carving Futures Pte. Ltd.

Vijay Kumar Bindlish

Listing At

BSE

NSE

Registrar to the Issue

KFin Techologies Ltd

IMSL APPS

Company

Market Board

Important Links

Authorised Person Details
Branch Details
Account Opening Process
Investor Complaints Redressal Process
Online Grievance Redressal (ODR)
ODR Circular
SCORES
SEBI SCORES 2.0
Voluntary Freezing/Blocking Policy
Client Collateral Segregation & Monitoring
Online Account Closure
Valid UPI Handle
Vernacular Client Registration Documents -
Equity | Commodity

KRA Status and Validation

Contact

	303, New Delhi House, 27, Barakhamba Road, New Delhi-110001. CIN No. U74899DL1995PTC070418
	011-43074307-30 \| Fax: 011-43074315
Compliance Officers: Mr. Pravin Kumar Sinha (NSE, BSE & MCX)
	011-43074317
	compliance@integratedmaster.com
Mr. Gopal Singh Kathayat (CDSL & NSDL)
	011-43074310
	dp@integratedmaster.com
	Investor Grievance (IG): suggestions@integratedmaster.com

Risk Disclosure on Derivatives

9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
On an average, loss makers registered net trading loss close to ₹ 50,000.
Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Source: SEBI study dated January 25, 2023 on "Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment", wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.

ATTENTION INVESTORS

The Stock Exchange, Mumbai is not in any manner answerable, responsible or liable to any person or persons for any acts of omission or commission, errors, mistakes and/or violation, actual or perceived, by us or our partners, agents, associates etc., of any of the Rules, Regulations, Bye-laws of the Stock Exchange, Mumbai, SEBI Act or any other laws in force from time to time.
The Stock Exchange, Mumbai is not answerable, responsible or liable for any information on this Website or for any services rendered by our employees, our servants, and us.

ATTENTION INVESTORS

URGENT !!

All clients are requested to update below 6 mandatory KYC at-tributes before 31st March, 2022 to avoid blocking of Trading Account and freezing of Demat Account

NAME
MOBILE NUMBER
COMPLETE ADDRESS (including Pin code if resident of India)
VALID EMAIL ID
PAN NUMBER
INCOME DETAILS

Update Now!

ATTENTION INVESTORS

URGENT !!

All clients are requested to ensure that their PAN Numbers are mapped with the Aadhar card for seamless Trading. As per Circular Ref No: NSE/ISC/49477 clients who do not have their PAN linked with Aadhar won't be able to trade post September 30,2021.

Know More

Integrated Master Securities Pvt Ltd: Member of NSE & BSE- SEBI Registration No-INZ000175931 | CDSL: Depository Services through Integrated Master Securities Pvt Ltd- SEBI Registration No: IN-DP-CDSL-97-2000 | NDSL: Depository Services through Integrated Master Securities Pvt Ltd- SEBI Registration No: IN-DP-499-2020 | MCX - SEBI Registration No-INZ000175931

Please read the Risk Disclosure Document prescribed by the Stock Exchanges carefully before investing. There is no assurance or guarantee of the returns. Investment in securities market are subject to market risk, read all the related documents carefully before investing.

ATTENTION INVESTORS:
1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w. e. f. September 01, 2020.
2. Update your email id and mobile number with your stock broker / depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
3. Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month
4. Prevent Unauthorized Transactions in your demat account. Update your Mobile Number / Email ID with Integrated Master Securities Pvt. Ltd. To receive alerts on your Registered Mobile for all debit and other important transactions in your demat account and information of your transactions directly from NSDL\CDSL on the same day. Issued in the interest of investors.
5. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.

Designed, Developed and Maintained by CMOTS Infotech (ISO 9001:2015 & ISO/IEC 27001:2022 Certified)

DJIA 53439.07
141.06 0.26%

S&P 500 7673.94
-21.43 -0.28%

HANG SENG 25511.11
-6.23 -0.02%

NIKKEI 225 65802.43
274.34 0.42%

FTSE 100 10857.89
41.33 0.38%

NIFTY 24334.55
115.50 0.48%

× Ask Your Question