The leading multi-specialty pediatric and obstetrics company Rainbow Children Medicare IPO ( Rainbow hospital IPO ) will open on 27 Apr 2022 and closes on 29 Apr 2022. The company wants to raise ₹1580.85 crore through this IPO. The IPO will have a fresh issue of ₹280 crore and an offer for sale of ₹1300.85 crore. The company fixed the price band of this IPO at ₹516 to ₹542 Per Share. The company has reserved 50% for QIB, 35% for retail and 15% for NII in this IPO. You can check here to know Rainbow Children Medicare IPO GMP and Rainbow Children Medicare IPO subscription status here.
Rainbow Children’s Medicare limited is a leading multi-specialty pediatric and obstetrics and gynecology hospital chain in India. The company specialties are pediatrics, which includes newborn and pediatric intensive care, pediatric multi-specialty services, pediatric quaternary care (including multi organ transplants); and obstetrics and gynecology, which includes normal and complex obstetric care, multidisciplinary fetal care, perinatal genetic and fertility care. The Company operating 14 hospitals and three clinics in six cities, with a total bed capacity of 1,500 beds, as of September 30, 2021. Currentaly the company highest number of hospital beds amongst comparable players in the maternity and pediatric healthcare delivery sector, as of March 31, 2021.
| Read also: Upcoming IPO List 2022 |
The Rainbow Hospital Group currently operates out of twelve locations – six in Hyderabad, two in Vijayawada, two in Bengaluru, one unit each in Delhi and Chennai. The Group is in process of setting up another hospital in Vizag (Visakhapatnam) too. Currently, their good will ambassador is Mahesh Babu, a famous Telugu actor.
Compnay Strengths :
- Our ability to conceptualize, create and operate specialized children’s hospitals
- Leading pediatric multi-specialty healthcare chain with strong clinical expertise in managing complex diseases
- Comprehensive perinatal care provider, with synergies between pediatric and obstetrics and gynecology services
- Hub-and-spoke model that provides synergies and ensures better care and access for patients
- Proven ability to attract, train and retain high-caliber medical professionals
- Strong track record of growth, operational and financial performance
- Experienced senior management team with strong institutional shareholder support
Rainbow Children Medicare IPO Review :
■ Apply for long Term
Rainbow Children Medicare IPO Date & Price Band & Details :
| IPO Open : | 27 April 2022 |
| IPO Close : | 29 April 2022 |
| IPO Size : | ₹1580.85. Cr |
| Face Value : | ₹10. Equity Share |
| Price Band : | ₹516 – ₹542 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹1580.85. Cr |
| Fresh Issue : | ₹280. Cr |
| Offer For Sale : | ₹1300.85. Cr |
Rainbow Children Medicare IPO Market Lot :
Rainbow Children Medicare IPO Minimum Market lot is 1 Lot with 27 shares with ₹14,634 Application amount. The retail investors can apply up to 13 lots with 351 Shares or ₹190,242 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 27 Shares |
| Minimum Amount : | ₹14,634 |
| Maximum Lot Size : | 13 Lot |
| Maximum shares : | 351 Shares |
| Maximum Amount : | ₹190,242 |
Rainbow Children Medicare IPO Shares Offer :
A Total of 29,166,952 shares are to be bid for the public issue by Rainbow Children Medicare IPO with 51,66,052 for Fresh issue and 24,000,900 for offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | 51,66,052 | ₹280 Cr |
| Offer For Sale : | 24,000,900 | ₹1300.85 |
| Total : | 29,166,952 | ₹1580.85 Cr |
Rainbow Children Medicare IPO Reservation :
Rainbow Children Medicare IPO Total Reservation of 29,166,952 shares are to be bid for the public issue by Rainbow Children Medicare IPO with 14,583,476 for QIB and 43,75,043 for NII 10,208,433 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | 14,583,476 | ₹790.42 Cr |
| NII : | 15% | 43,75,043 | ₹237.13 Cr |
| RII : | 35% | 10,208,433 | ₹553.30 Cr |
| EMP : | – % | – | ₹- |
| Total : | 100% | 29,166,952 | ₹1580.85 Cr |
Rainbow Children Medicare IPO EPS :
The Rainbow Children Medicare company’s EPS growth is an Increasing every year, which is shown to you in the table here.
| Year | EPS Growth in (Rs.) |
| 2021-6M | ₹8.78 |
| 2021 | ₹4.36 |
| 2020 | ₹5.98 |
| 2019 | ₹4.83 |
Rainbow Children Medicare IPO Peer Comparison PE :
The Rainbow Children Medicare, According to DRHP of the company few company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | Apollo Hospitals Enterprise Limited | 10.74 |
| 2. | Fortis Healthcare Limited | (1.45) |
| 3. | Narayana Hrudalaya Limited | (0.70) |
| 4. | Max Healthcare Institute Limited | (1.59) |
| 5. | Krishna Institute of Medical Sciences Limited | 26.42 |
Rainbow Children Medicare IPO Dates :
Rainbow Children Medicare IPO Date is 27 April 2022 and closes on 29 April 2022. The allotment will be finalized on 05 May 2022 and the IPO may list on 10 May 2022.
| Open Date : | 27 April 2022 |
| Close Date : | 29 April 2022 |
| Allotment Date : | 05 May 2022 |
| Refund Date : | 06 May 2022 |
| Share Credit Date : | 09 May 2022 |
| Listing Date : | 10 May 2022 |
Rainbow Children Medicare IPO Form :
There are two ways to apply in Rainbow Children Medicare IPO. You can apply for Rainbow Children Medicare IPO through ASBA available in your bank account. You have to go to your online bank login and select Rainbow Children Medicare IPO in the Invest section and apply through your bank account. Another option is you can apply for Rainbow Children Medicare IPO through IPO form download through NSE and BSE. See the Rainbow Children Medicare IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Rainbow Children Medicare Company Financial Report (millions) :
| Year | Revenue | Expense | PAT |
| 2022-3M | ₹5,195.92 | ₹4,102.68 | ₹812.18 |
| 2021 | ₹6,603.10 | ₹6,046.14 | ₹395.68 |
| 2020 | ₹7,297.37 | ₹6,363.81 | ₹553.40 |
| 2019 | ₹5,511.44 | ₹4,936.18 | ₹445.90 |
| Read also:- Rights issue list 2022 |
Company Promoters :
■ Dr. Ramesh Kancharla
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Rainbow Children Medicare IPO Lead Managers :
■ Kotak Mahindra Capital Company Limited
■ J.P. Morgan India Private Limited
■ IIFL Securities Limited
Rainbow Children Medicare IPO Registrar :
KFin Technologies Private Limited
Selenium, Tower-B Plot 31 and 32,
Financial District Nanakramguda,
Serilingampally Hyderabad, Rangareddi 500 032
Telangana, India
Telephone: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
Note: Check Rainbow Children Medicare IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Rainbow Children’s Medicare Limited
8-2-120/103/1, Survey No. 403
Road No. 2, Banjara Hills
Hyderabad – 500 034, Telangana
E-mail: [email protected]
Website: www.rainbowhospitals.in
Rainbow Children Medicare IPO FAQs :
What is Rainbow Children Medicare IPO?
Rainbow Children Medicare IPO is Mainboard IPO. They are going to raise ₹1580.85. Crores via IPO. The issue is priced at ₹516-₹542 per equity share. The IPO is to be listed on NSE, BSE.
When Rainbow Children Medicare IPO will open?
The IPO is to open on 27 Apr – 29 Apr for QIB, NII & RII.
What is Rainbow Children Medicare IPO Size?
Rainbow Children Medicare IPO size is ₹1580.85 Crores.
What is the Fresh issue size of Rainbow Children Medicare IPO?
The Fresh issue size of Rainbow Children Medicare IPO ₹280 Cr.
What is the Offer For Sale size of Rainbow Children Medicare IPO?
The Offer For Sale size of Rainbow Children Medicare IPO ₹1300.85 Cr.
What is Rainbow Children Medicare IPO Price Band?
Rainbow Children Medicare IPO Price Band is ₹516-₹542 Per share.
What is Rainbow Children Medicare IPO Minimum and Maximum Lot Size?
The minimum 27 Shares with ₹14,634 amount while the maximum 351 shares with ₹190,242.
What is Rainbow Children Medicare IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
What is Rainbow Children Medicare IPO Allotment Date?
Rainbow Children Medicare IPO allotment date is 05 May 2022.
What is Rainbow Children Medicare IPO Listing Date?
Rainbow Children Medicare IPO listing date is 10 May 2022. The IPO to list on NSE, BSE.
How to Apply the Rainbow Children Medicare IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Rainbow Children Medicare IPO”. 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.
How to Apply the Rainbow Children Medicare IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Rainbow Children Medicare IPO”. 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.
How to Apply the Rainbow Children Medicare IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Rainbow Children Medicare IPO”. 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.
How to Apply the Rainbow Children Medicare IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Rainbow Children Medicare IPO”. 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.
| Rainbow Children Medicare IPO GMP: Click Here Rainbow Children Medicare IPO Subscription: Click Here Rainbow Children Medicare IPO Allotment: Click Here Rainbow Children Medicare IPO Listing: Click Here |
All Rainbow Children Medicare IPO-related links are available here. If you want to know the details then click on Click Here Link.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.