Rainbow Children Medicare IPO Date, Review, Price, Allotment, Analysis Details

IPO Initial Public Offerings

Rainbow Children Medicare IPO date is fixed, the IPO is to hit the market on April 27, 2022 and will close on April 29, 2022. Rainbow Children Medicare aka Rainbow Hospital IPO to raise around ₹1,580 crores via IPO that comprises fresh issue of ₹280 crores and offer for sale up to 24,000,900 equity shares of ₹10 each. The retail quota is 35% while QIB is 50% and HNI is 15%.

Hyderabad-based Rainbow Children’s Medicare Limited is a leading multi-specialty pediatric and obstetrics and gynecology hospital chain in India. They offer services like newborn and pediatric intensive care, pediatric multi-specialty services, pediatric quaternary care, obstetrics, and gynecology, which include normal and complex obstetric care, multidisciplinary fetal care, perinatal genetic, and fertility care.

Rainbow Hospital operates 14 hospitals and 3 clinics in 6 cities with a bed capacity of 1500. The Rainbow hospital started its first pediatric specialty hospital in 1999. They have also expanded their operations to include obstetrics and gynecology services, whereby they offer comprehensive perinatal services to patients. They follow a doctor engagement model whereby, most of their core specialists work exclusively at their hospitals on a full-time retainer basis. This model ensures that most of their core specialists are available 24/7 at their hospitals, which is particularly important for children’s emergency, neonatal and pediatric intensive care services. You can check Rainbow Children Medicare IPO subscription status and Rainbow Children Medicare IPO allotment status on their respective pages.

Rainbow Hospital IPO Important Details:

  • One of the leading multi-specialty pediatric and obstetrics and gynecology hospital chains in India.
  • The experienced management team started their first hospital in 1999.
  • The revenues and profit are looking good for the last few years.
  • Over 600 full-time doctors with the hospital and over 1600 part-time/visiting doctors.
  • A total bed capacity of 1,500 beds in 6 cities.
  • The offer includes a reservation of up to 3 lakh shares for subscription by eligible employees.
  • Backed by UK-based development finance institution CDC Group ple.
Rainbow Children Medicare

    Rainbow Children Medicare IPO Review (Good or Bad)

    • May Apply

    Brokerage Firm IPO Review

    • Ashika Research: Apply
    • Marwadi Shares and Finance: Apply

    Rainbow Children Medicare IPO Date & Price Band

     IPO Open: 27 April 2022
     IPO Close: 29 April 2022
     IPO Size: Approx ₹1,580 Crores
     Fresh Issue: Approx ₹280 Crores
     Offer for Sale: Approx 24,000,900 Equity Shares
     Face Value: ₹10 Per Equity Share
     Price Band: ₹516 to ₹542 Per Share
     Listing on: BSE & NSE
     Retail Quota: 35%
     QIB Quota: 50%
     NII Quota: 15%
     Discount: ₹20 for Employee
     DRHP Draft Prospectus: Click Here
     RHP Draft Prospectus: Click Here

    Rainbow Children Medicare IPO Market Lot Size

    The Rainbow Children Medicare IPO minimum market lot is 27 shares with ₹14,634 application amount. The retail investors can apply up to 13 lots with 351 shares or ₹190,242 amount.

     Minimum Lot Size: Minimum 27 Shares for 1 lot
     Minimum Amount: ₹14,634 for 1 lot
     Maximum Lot Size: Maximum 351 Shares for 13 lot
     Maximum Amount: ₹190,242 for 13 lot

    Rainbow Children Medicare IPO Allotment & Listing Dates

    The Rainbow Children Medicare IPO date is 27 April 2022 and the close date is 29 April 2022. The Rainbow Children Medicare IPO allotment will be finalized on 05 May 2022 and the IPO listing on 10 May 2022.

     Price Band Announcement: 22 April 2022
     Anchor Investors Allotment: 26 April 2022
     IPO Open Date: 27 April 2022
     IPO Close Date: 29 April 2022
     Basis of Allotment: 05 May 2022
     Refunds: 06 May 2022
     Credit to Demat Account: 09 May 2022
     IPO Listing Date: 10 May 2022

    Rainbow Children Medicare IPO Form

    How to apply for the Rainbow Children Medicare IPO? You can apply for Rainbow Children Medicare IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Rainbow Children Medicare IPO in the Invest section. The other option is you can apply for Rainbow Children Medicare IPO via IPO forms download via NSE and BSE. Check out the Rainbow Children Medicare forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

    Rainbow Children Medicare Company Financial Report

      ₹ in Crores
    RevenueExpensePAT
    2019₹551₹494₹44.59
    2020₹730₹636₹55.34
    2021₹660₹605₹39.57
    2021 9M
    ₹774₹602₹126.41

    Rainbow Children Medicare IPO Valuation – FY2021

    Check Rainbow Children Medicare IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

     Earning Per Share (EPS): ₹4.36 per Equity Share
     Price/Earning P/E Ratio: N/A
     Return on Net Worth (RoNW): 8.88%
     Net Asset Value (NAV): ₹48.82 per Equity Share

    Peer Group

    • Apollo Hospitals Enterprise Limited
    • Fortis Healthcare Limited
    • Narayana Hrudalaya Limited
    • Max Healthcare Institute Limited
    • Krishna Institute of Medical Sciences Limited

    Company Promoters

    • Dr. Ramesh Kancharla
    • Dr. Dinesh Kumar Chirla
    • Dr. Adarsh Kancharla

    Rainbow Children Medicare IPO Registrar

    KFin Technologies Limited
    Phone: 04067162222, 04079611000
    Email: [email protected]
    Website: https://karisma.kfintech.com/

    Rainbow Children Medicare IPO Allotment Status Check

    Check Rainbow Children Medicare IPO allotment status on KFintech website allotment URL. Click Here

    Rainbow Children Medicare IPO Lead Managers

    • Kotak Mahindra Capital Company Limited
    • J.P. Morgan India Private Limited
    • IIFL Securities Ltd

    Company Address

    Rainbow Children’s Medicare Limited
    8-2-120/103/1,
    Survey No. 403,
    Banjara Hills, Hyderabad – 500 034
    Phone: + 91 40 49692244
    Email: [email protected]
    Website: https://www.rainbowhospitals.in/

    Rainbow Children Medicare IPO FAQs

    What is Rainbow Children Medicare IPO?

    Rainbow Children Medicare IPO is a main-board IPO. They are going to raise ₹1,580 Crores via IPO. The issue is priced at 516 to 542 per equity share. The IPO is to be listed on BSE & NSE.

    When Rainbow Children Medicare IPO will open?

    The IPO is to open on 27 April 2022 for QIB, NII, and Retail Investors.

    What is Rainbow Children Medicare IPO Investors Portion?

    The investors’ portion for QIB-50%, NII-15%, and Retail 35%.

    How to Apply the Rainbow Children Medicare IPO?

    You can apply Rainbow Children Medicare IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

    How to Apply the Rainbow Children Medicare IPO through Zerodha?

    Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Rainbow Children Medicare”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

    How to Apply the Rainbow Children Medicare IPO through Upstox?

    Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Rainbow Children Medicare”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

    How to Apply the Rainbow Children Medicare IPO through Paytm Money?

    Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Rainbow Children Medicare”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

    What is Rainbow Children Medicare IPO Size?

    Rainbow Children Medicare IPO size is ₹1,580 crores.

    What is Rainbow Children Medicare IPO Price Band?

    Rainbow Children Medicare IPO Price Band is ₹516 to ₹542.

    What is Rainbow Children Medicare IPO Minimum and Maximum Lot Size?

    The minimum bid is 27 Shares with ₹14,634 amount while the maximum bid is 351 shares with ₹190,242.

    What is the Rainbow Children Medicare IPO Allotment Date?

    Rainbow Children Medicare IPO allotment date is 05 May 2022.

    What is the Rainbow Children Medicare IPO Listing Date?

    Rainbow Children Medicare IPO listing date is 10 May 2022. The IPO is to list on BSE and NSE.

    Note: The Rainbow Children Medicare IPO price band and date officially announced. The IPO grey market premium (Rainbow Children Medicare IPO Premium) will be added on the IPO grey market page as it will start)


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