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 IPO Review (Good or Bad)
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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 | |||||
Revenue | Expense | PAT | |||
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
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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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