Rainbow Children's Medicare Limited IPO
Rainbow Children's Medicare Limited IPO is listed on BSE and NSE, priced at ₹516–₹542 per share. The stock debuted at ₹510. The IPO had a lot size of ₹27 shares and a minimum investment of ₹14,634.
Rainbow Children's Medicare Limited IPO
- IPO Dates
- Apr 27, 2022 – Apr 29, 2022
- Price band
- ₹516-542 per equity share
- Minimum Investment
- ₹14,634
- Issue size
- Total Size : ₹1,564.59 Crores : #Fresh Issue: ₹280 Cr + #Offer for Sale: 24,000,900 Shares
- Lot size
- 27
- Allotment Date
- May 6, 2022
- Listing
- May 10, 2022
- Listing At
- BSE, NSE
IPO timeline
-
Apr 27, 2022
Open Date
Completed
-
Apr 29, 2022
Close Date
Completed
-
May 6, 2022
Allotment Date
Completed
-
May 10, 2022
Listing Date
Completed
Price Summary
- Last closing
- 1,312.00 (142.07%)
- 52 week high
- 1,645.70
- 52 week low
- 1,084.00
- Last update
Rainbow Children's Medicare Limited IPO Essentials
Rainbow Children's Medicare Limited IPO Details
Rainbow Children's Medicare Limited IPO is priced at ₹516-542 per share with a total issue size of Total Size : ₹1,564.59 Crores : #Fresh Issue: ₹280 Cr + #Offer for Sale: 24,000,900 Shares. The IPO has a lot size of 27 shares and is listed on BSE and NSE.
- Issue price
- ₹516-542 per equity share
- Lot size
- 27 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- Total Size : ₹1,564.59 Crores : #Fresh Issue: ₹280 Cr + #Offer for Sale: 24,000,900 Shares
- Listing at
- BSE, NSE
- List price
- 510.0 (NSE)
- Listing date
- Registrar
- KFin Technologies Private Limited
- Lead manager
-
Kotak Mahindra Capital Company Limited, P. Morgan India Private Limited, IIFL Securities Limited
Rainbow Children's Medicare Limited IPO Analytics
Rainbow Children's Medicare Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Rainbow Children's Medicare Limited IPO Subscription Status
Rainbow Children's Medicare Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
|
Retail | Employee | Total |
|---|---|---|---|---|---|
| Shares Offered / Reserved | 5,775,605 |
4,331,704
|
10,107,308 | 300,000 | 20,514,617 |
|
Day 1
27-04-22 05:00 PM
|
0.10 x |
0.12x
|
0.48 x | 0.06 x | 0.29 x |
|
Day 2
28-04-22 05:00 PM
|
0.10 x |
0.56x
|
0.82 x | 0.13 x | 0.55 x |
|
Day 3
29-04-22 05:00 PM
|
38.91 x |
3.73x
|
1.38 x | 0.31 x | 12.43 x |
|
Total No. of Applications
|
category wise applications | ||
|---|---|---|---|
| 452812 (Approx) | 1.21 | ||
Rainbow Children's Medicare Limited Valuations
Earnings
- EPS (Post IPO)
- ₹3.90/-
- P/E Ratio
- 139
Returns
- RoNW
- 8.88%
Rainbow Children's Medicare Limited Financials( In Crs.)
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|
| Assets | 1,081.26 | 1,019.23 | 926.39 |
| Revenue | 660.31 | 729.73 | 551.14 |
| Profit After Tax | 39.56 | 55.34 | 44.59 |
Rainbow Children's Medicare Limited Company & Offer Insights
About Rainbow Children's Medicare Limited
Rainbow, backed by UK-based development finance institution CDC Group plc, established its first 50-bed pediatric specialty hospital in 1999 in Hyderabad. It is a leading multi-specialty pediatric and obstetrics and gynecology hospital chain in India, operating 14 hospitals and three clinics in six cities, with a total bed capacity of 1,500 beds. Its core 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.
It follows a doctor engagement model thus ensuring the availability of most of the specialities available at the firm’s hospital 24/7. In 2021, the firm had 602 full-time doctors and 1,686 part time/visiting doctors. A number of hired doctors in neonatal, pediatric intensive care, pediatric sub specialties, obstetrics and gynaecology are trained or possess qualifications from the United Kingdom, United States, Canada and Australia, which provides the firm with a competitive advantage. The newly hired doctors enter a retainership contract of initial two to three year periods, which provides them with stability and making it a desirable workplace.
The firm plans to increase the scale of its reach to patients through a robust digital ecosystem. The pandemic period, FY 2020-2021, driven in part by the movement restrictions arising out of the COVID-19 pandemic, they conducted over 125,000 outpatient video consultations through video consultation platform including in locations where it does not have a physical presence (within India and abroad).
Rainbow Children's Medicare Limited Promoter(s)
Ramesh Kancharla, Dinesh Kumar Chirla, Adarsh Kancharla are the company's promoters of Rainbow Children's Medicare Limited.
Rainbow Children's Medicare Limited IPO Issue Objectives
- •
- Early redemption of non-convertible debentures (NCDs) issued by the company, in full
- •
- Capital expenditure towards setting up of new hospitals
- •
- Purchase of medical equipment for such new hospitals
- •
- General corporate purposes
Rainbow Children's Medicare Limited IPO - Anchor Investors
Rainbow Children's Medicare raises Rs 469.55 crore from 36 anchor investors ahead of IPO
Investors including Government of Singapore, Monetary Authority of Singapore, Amansa Holdings, Ashoka India Opportunities Fund, Neuberger Berman Emerging Markets, Goldman Sachs, Matthews Emerging Markets Small Companies Fund and HSBC bought equity shares through its anchor book.
Domestic investors also participated in the offer, including Axis Mutual Fund, Nippon Life, IIFL Special Opportunities Fund, HDFC Life Insurance Company, Aditya Birla Sun Life Trustee, DSP Mutual Fund, Baroda BNP Paribas Multi Cap Fund, Motilal Oswal MF, UTI MF, and Max Life Insurance.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Rainbow Children's Medicare Limited IPO is a book-built IPO worth ₹Total Size : ₹1,564.59 Crores : #Fresh Issue: ₹280 Cr + #Offer for Sale: 24,000,900 Shares. The price band is ₹516–₹542 per share. The IPO opens on Apr 27, 2022 and closes on Apr 29, 2022. It will be listed on BSE and NSE. KFin Technologies Private Limited is the registrar.
The price band of Rainbow Children's Medicare Limited IPO is ₹516 to ₹542 per share.
The lot size of Rainbow Children's Medicare Limited IPO is 27 shares.
The minimum investment for Rainbow Children's Medicare Limited IPO is approximately ₹14,634 based on the upper price band .
Rainbow Children's Medicare Limited IPO opens on Apr 27, 2022 and closes on Apr 29, 2022.
The allotment date of Rainbow Children's Medicare Limited IPO is May 6, 2022.
Rainbow Children's Medicare Limited IPO is expected to be listed on May 10, 2022, on BSE and NSE .
Rainbow Children's Medicare Limited IPO listed on May 10, 2022. It was issued at ₹510.0 (NSE) and is currently around ₹1312.00 as on 14-May-2026 3:30 PM, which is approximately 142.1% versus issue price. The 52-week high is ₹1,645.70.
Based on listing and post-listing performance, Rainbow Children's Medicare Limited IPO delivered around 142.1% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Rainbow Children's Medicare Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Rainbow Children's Medicare Limited IPO valuation snapshot: P/E 139, EPS ₹3.90/-, P/B N/A, RoNW 8.88%, and market cap N/A.
To apply for Rainbow Children's Medicare Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Rainbow Children's Medicare Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Rainbow Children's Medicare Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Rainbow Children's Medicare Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Rainbow Children's Medicare Limited IPO allotment status on IPO Ji for quick and easy access.