Rainbow Children Medicare IPO subscription status is to start on April 27, 2022, Wednesday. Rainbow Children Medicare is a mainline IPO. The IPO is been subscribed by QIB, NII, and Retail investors. They are going to raise ₹1580 crores via IPO which comprises OFS of ₹280 crores an offer for sale of up to 24,000,900 equity shares. The IPO price band is fixed at ₹278 to ₹292 with a market lot of 51 shares. Rainbow Children’s Medicare Limited is a leading multi-specialty pediatric and obstetrics and gynecology hospital chain in India. Rainbow Hospital operates 14 hospitals and 3 clinics in 6 cities with a bed capacity of 1500. The company reported revenues of ₹660 crores in 2021 against revenues of ₹730 crores in 2020. The company’s financial report looks good and profit is also looking good in 2022 9M data. Please check the Rainbow Children Medicare IPO subscription status details over here. There is a Discount of ₹27 for the Employee Quota.
IPOWatch View: We recommend investors may apply for an IPO with a long-term view. Investors should also look at the Retail and HNI numbers before investing. You can check the Rainbow Children Medicare IPO allotment status here.
Rainbow Children Medicare IPO Subscription Status (Live Update – Day 3)
Last Updated – 5:00 PM
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.10 | 0.10 | 38.90 |
| NII | 0.11 | 0.56 | 3.73 |
| RII | 0.48 | 0.82 | 1.38 |
| EMP | 0.08 | 0.14 | 0.31 |
| Total | 0.29 | 0.55 | 12.43 |
Rainbow Children Medicare IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Rainbow Children Medicare IPO Subscription Dates
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| 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 IPO Subscription Status FAQs:
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