New Delhi, Aug. 24 -- The parent company of Mom's Belief, Rays of Belief IPO price band has been fixed in the range of Rs.227 to Rs.239 per equity share of the face value of Rs.10. The Rays of Belief IPO date of subscription is scheduled for Tuesday, 1 September and will close on Thursday, 3 September. The allocation to anchor investors for the Rays of Belief IPO is scheduled to take place on Monday, 31 August.

The Rays of Belief IPO lot size is 62 equity shares and in multiples of 62 equity shares thereafter.

Rays of Belief IPO has reserved not more than 75% of the shares in the public issue for qualified institutional buyers (QIB), not less than 15% for non-institutional Institutional Investors (NII), and not less than 10% of the offe...