RAINBOW CHILDREN''S MEDICARE LTD. IPO was launched on 27-Apr-22. Here is all you need to know about this IPO.
Backed by the UK-based development finance institution, British International Investment Plc, Rainbow operates a multi-speciality pediatric, obstetrics, and gynecology hospital chain in India, with strong clinical expertise in managing complex diseases. The organisation provides services like infant and pediatric intensive care, pediatric multi-specialty services, pediatric quaternary care, obstetrics and gynecology, routine and complex obstetric care, multidisciplinary fetal care, perinatal genetics, and fertility care.
RAINBOW CHILDREN''S MEDICARE LTD. IPO Details | |
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Issue Opening Date | 27-Apr-22 |
Issue Closing Date | 29-Apr-22 |
Issue Type | OFFERS FOR SALE CUM FRESH CAPITAL |
Issue Size (INR bn) | 15.8 |
Fresh Issue (No.of shares) | 5,167,679 |
Offer for Sale (No.of shares) | 24,000,900 |
Face Value (INR) | 10.00 |
IPO Price Band (INR) | 516 to 542 |
Market Lot (No.of shares) | 27 |
Min Order Quantity | 27 |
Listing At | NSE / BSE |
Pricing Method | BOOKBUILDING |
Year of Incorporation | 1998 |
Industry | HOSPITALS/DIAGNOSTIC SERVICES |
Total Issue Size (No.of shares) | 29,168,579 |
Objects Of Issue | EARLY REDEMPTION OF NCDS ISSUED BY COMPANY TO CDC EMERGING MARKETS LIMITED ("CDCEML"), ONE OF GROUP COMPANIES, IN FULL #CAPITAL EXPENDITURE TOWARDS SETTING UP OF NEW HOSPITALS AND PURCHASE OF MEDICAL EQUIPMENT FOR SUCH NEW HOSPITALS #GENERAL CORPORATE PURPOSES #OFFER RELATED EXPENSES IN RELATION TO THE FRESH ISSUE |
Registrar Details | KFIN TECHNOLOGIES LTD. |
RAINBOW CHILDREN''S MEDICARE LTD. IPO Timetable | |
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Bid/Offer Launch Date | 27-Apr-22 |
Bid/Offer Close Date | 29-Apr-22 |
Basis of Allotment Finalization Date | - |
Initiation of Refunds | - |
Credit of Shares to Demat Account | - |
Listing Date | 10-May-22 |
RAINBOW CHILDREN''S MEDICARE LTD. IPO Shares Offered | |
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Category | Shares Offered |
QIB | 14,439,009 |
HNI | 4,331,704 |
Retail | 10,107,308 |
Employee | 300,000 |
Others | - |
Total | 29,168,579 |
RAINBOW CHILDREN''S MEDICARE LTD. IPO Promoter Holding | |
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Pre Issue Share Holding | 62% |
Post Issue Share Holding | 50% |
RAINBOW CHILDREN''S MEDICARE LTD. Overall Subscription details (Times subscribed) | |
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Category | Subscription Status |
QIB | 16.13 |
HNI | 3.81 |
Retail | 0.78 |
Employee | 0.15 |
Others | - |
Total | 8.82 |
RAINBOW CHILDREN''S MEDICARE LTD. Date wise Subscription | |||||||
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Date | QIB | HNI | Retail | Employee | Mutual Funds | Others | Total |
Day 1 (27-Apr-22) | 0.10 | 0.11 | 0.48 | 0.07 | - | - | 0.50 |
Day 2 (28-Apr-22) | 0.10 | 0.56 | 0.82 | 0.14 | - | - | 0.68 |
Day 3 (29-Apr-22) | 38.80 | 3.73 | 1.38 | 0.31 | 40.83 | - | 9.03 |
RAINBOW CHILDREN''S MEDICARE LTD. Financials | ||||
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Year Ending | 31-Mar-19 | 31-Mar-20 | 31-Mar-21 | |
Total Income | (Rs m) | 5,513.00 | 7,070.40 | 6,264.00 |
Total Expenditure | (Rs m) | 4,719.80 | 5,978.70 | 5,605.10 |
Net Profit After Tax | (Rs m) | 600.00 | 708.80 | 600.00 |
Company Address | 8-2-120/103/1,SURVEY NO.403, ROAD NO.2,BANJARA HILLS, HYDERABAD 500034, TELANGANA |
Data Sourced from:
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Below is the schedule for the same:
RAINBOW CHILDREN''S MEDICARE LTD. IPO
IPO opens on: 27-Apr-22
IPO closes on: 29-Apr-22
The lot size of RAINBOW CHILDREN''S MEDICARE LTD. IPO is 27 shares. Investors will need to apply for a minimum order of 27 shares and in multiples thereof.
An investor can apply in RAINBOW CHILDREN''S MEDICARE LTD. IPO online using either UPI or Application Supported by Blocked Amount (ASBA) as payment method.
While ASBA IPO application is available in the net banking section, UPI IPO application is offered by brokers who don't offer banking services.
The tentative finalization of basis of allotment for RAINBOW CHILDREN''S MEDICARE LTD. IPO will be done on -, and the allotted shares will be credited to your demat account by -.
The tentative listing date of RAINBOW CHILDREN''S MEDICARE LTD. IPO is scheduled for 10-May-22.
Shares of RAINBOW CHILDREN''S MEDICARE LTD. are expected to list on NSE / BSE.
At present, one share of RAINBOW CHILDREN''S MEDICARE LTD. has a face value of Rs 10.00.
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