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Rainbow Children's Medicare Ltd.

Rainbow Children's Medicare Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹542
₹542
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹542
Based on GMP
Min. Investment
₹14,634
1 lot × 27 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
27 Apr 2022
Close Date
29 Apr 2022
Allotment
05 May 2022
Listing Date
10 May 2022
Exchange
NSE & BSE
Price Band
₹542
Listing Price
See chart
Allotment Status
Price Band
₹542
Per share
Face Value
₹10 per share
 
Lot Size
27 Shares
per lot
Issue Size
2,91,68,579 shares (aggregating up to ₹1,580.85 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,634
1 lot
Pre-IPO Holding
9,63,34,008 shares
Promoters
Post-IPO Holding
10,15,11,129 shares
Promoters
P/E (Pre)
43.53x
 
UPI Deadline
2022-04-29
Mandate
Anchor AllotmentTue, 26 Apr 2022
Basis of AllotmentThu, 05 May 2022
Refund InitiationFri, 06 May 2022
Demat CreditMon, 09 May 2022
Listing DayTue, 10 May 2022
UPI Mandate Deadline2022-04-29
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares51,67,679 shares (aggregating up to ₹280.07 Cr)
Offer for Sale2,40,00,900 shares of ₹10 (aggregating up to ₹1,300.78 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Rainbow Children's Medicare Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 29 Apr 2022.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
29,178,021
100% ₹1,581.45
IPO Shares Offered
Rainbow Children's Medicare Ltd. IPO total issue size: ₹1,581.45 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 29,178,021 ₹1,581.45
100.00%
* Based on upper price band ₹542 per share
Lot Size & Investment
Lot Size
27
Shares per Lot
Issue Price
₹542.00
Upper Band
Min Investment
₹14,634
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)254₹29,268
Retail (Max — 13 Lots)13351₹190,242
S-HNI (Min — 14 Lots)14378₹204,876
B-HNI (Min — 69 Lots)691,863₹1,009,746
* Issue Price ₹542 × Lot Size 27 shares
IPO Schedule
Anchor
26 Apr 2022
✓ Done
IPO Open
27 Apr 2022
✓ Done
IPO Close
29 Apr 2022
✓ Done
Allotment
05 May 2022
✓ Done
Refunds
06 May 2022
✓ Done
Demat Credit
09 May 2022
✓ Done
Listing Day
10 May 2022
✓ Done
Rainbow Children's Medicare Ltd. — Live Price LIVE
₹542.00
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Issue ₹542.00 Live Price
About Rainbow Children's Medicare Ltd.
Rainbow Children's Medicare Limited operates a multi-speciality pediatric, obstetrics and gynaecology hospital chain in India. The company offers a wide range of services such as newborn and pediatric intensive care, pediatric multi-speciality services, pediatric quaternary care, obstetrics and gynaecology, which includes normal and complex obstetric care, and multidisciplinary fetal care, perinatal genetic and fertility care. Rainbow Children's Medicare operates 14 hospitals and three clinics in six cities, with a total bed capacity of 1,500 beds, as of September 30, 2021. In 1999, the company started its first pediatric speciality hospital in Hyderabad.Rainbow Children's Medicare Limited operates on a full-time doctor model ensuring that most of the core specialists are available 24/7 which is particularly important for children's emergency, neonatal and pediatric intensive care services. As of September 30, 2021, the company had 602 full-time doctors and 1,686 part-time/visiting doctors.Competitive Strengths:Ability to conceptualize, create and operate specialized children's hospitals.Leading pediatric multi-speciality healthcare chain with strong clinical expertise in managing complex diseases.Comprehensive perinatal care provider, with synergies between pediatric and obstetrics and gynaecology services.The hub-and-spoke model provides synergies and ensures better care and access for patients.Strong track record of growth, and operational and financial performance.Experienced senior management team with strong institutional shareholder support.
Objects of the Issue
1
1 Early redemption of NCDs issued by the Company to CDC Emerging Markets Limited (“CDCEML”), one of the Group Companies, in full
2
2 Capital expenditure towards setting up of new hospitals and purchase of medical equipment for such new hospitals
3
3 General corporate purposes
Rainbow Children's Medicare Ltd. Financials (Amount in Crore)
Revenue from Operations
₹660.3
31-Mar-21
₹494.3
31-Dec-20
₹774.1
31-Dec-21
Profit After Tax (PAT)
₹39.6
31-Mar-21
₹38.5
31-Dec-20
₹126.4
31-Dec-21
Particulars31-Dec-2131-Dec-2031-Mar-21
Revenue from Operations 774.06 494.29 660.31
EBITDA N/A N/A N/A
Profit After Tax (PAT) 126.41 38.53 39.57
Net Worth N/A N/A N/A
Total Assets 1239.76 1076.22 1081.27
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered2,91,78,021 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding9,63,34,008 shares
Post-Issue Promoter Holding10,15,11,129 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Kotak Mahindra Capital Co.Ltd.
JP Morgan India Pvt.Ltd.
IIFL Capital Services Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Rainbow Children's Medicare Ltd. IPO subscribed?

Rainbow Children's Medicare Ltd. IPO is subscribed 1.00 times by Apr 29, 2022. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Rainbow Children's Medicare Ltd. IPO retail subscription status?

The Rainbow Children's Medicare Ltd. IPO retail category is subscribed 1.00 times as of 29 Apr 2022. The retail portion is oversubscribed.

How to subscribe Rainbow Children's Medicare Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 27 Apr 2022 and closes 29 Apr 2022. Min investment: ₹14,634 (1 lot = 27 shares). UPI mandate: 2022-04-29.

How many times Rainbow Children's Medicare Ltd. IPO subscribed?

The Rainbow Children's Medicare Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Rainbow Children's Medicare Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 05 May 2022. Refunds: on 06 May 2022.

When Rainbow Children's Medicare Ltd. IPO will be listed?

The Rainbow Children's Medicare Ltd. IPO listing date is 10 May 2022, Tuesday. Listed on: NSE & BSE. Issue price: ₹542. Estimated listing: ₹542. GMP: NIL.

When Rainbow Children's Medicare Ltd. IPO close?

The Rainbow Children's Medicare Ltd. IPO closes on 29 Apr 2022, Friday. UPI mandate: 2022-04-29. Allotment: 05 May 2022. Listing: 10 May 2022.