Rainbow Children's Medicare IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 27 Apr 2022 - 29 Apr 2022
Issue Size ₹1580.85 Cr
Issue Price ₹516-542
Market Lot 27 Shares
Shares on Offer 24,000,900
Registrar KFintech
GMP ₹38-40
Kostak ₹320
Subject to Sauda ₹600
Listing Date 10 May 2022
Listing Price N/A
Listing Gain% N/A

About Rainbow Children's Medicare Limited

Rainbow Children's Hospitals Group is a 1000+ bed comprehensive Pediatrics and Maternal healthcare hospital group that offers the best care available in modern pediatric and maternal medicine. With state-of-the-art facilities, it's spread over 11 locations and still expanding. Our Outpatient clinics schedule more than 6L+ visits annually. The hospital's clinical staff include a strong team of highly qualified and experienced consultants, dynamic team of residents and fellows, well trained nurses and paramedical personnel, and highly motivated team of full - and part-time employees.

Their Pediatricians are highly qualified, knowledgeable and amongst the finest available in the country who work dedicatedly towards enhancing, sustaining and restoring children's health and development. Since they have undergone special training to work with infants, children and adolescents and understand the importance of listening carefully to you and your child, they are well equipped to help you with the questions that you may have about your child's development, health and parenting and can guide you in anticipating your child's needs.

They offer a complete range of healthcare services for children from birth, supported all through their childhood and growing years. We offer the following comprehensive pediatric care services as a part of our, out-patient and in-patient departments:

Company Promoters

Dr. Ramesh Kancharla, Dr. Dinesh Kumar Chirla and Dr. Adarsh Kancharla are the company promoters.

Company Financials

Particulars 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets (In ₹ Millions) 10,812.67 10,192.37 9,263.96
Total Revenue (In ₹ Millions) 6,603.10 7,297.37 5,511.44
Profit After Tax (PAT) (In ₹ Millions) 395.68 553.40 445.90

Grey Market Premium Updates

Date GMP Kostak Subject to Sauda
26 Apr 2022 ₹38-40 ₹320 ₹600

Strengths & Weaknesses

Strength
Weakness

Rainbow Children's Medicare Limited IPO Reviews

  • Rating: 
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Subscription Details

Date & Time QIB NII RII Total
Day 1 - 27 Apr 2022 0.10 0.11 0.48 0.29
Day 2 - 28 Apr 2022 0.10 0.56 0.82 0.55
Day 3 - 29 Apr 2022 38.90 3.73 1.38 12.43

Allotment Status

Please click the link below to check the IPO allotment status.

IPO Allotment Status

Rainbow Children's Medicare Limited IPO FAQs

  1. When will Rainbow Children's Medicare Limited IPO open?

    Rainbow Children's Medicare Limited IPO will open on 27 Apr 2022 and close on 29 Apr 2022.

  2. What is the listing date of Rainbow Children's Medicare Limited IPO?

    Rainbow Children's Medicare Limited IPO will list on 10 May 2022.

  3. What is the offer price of Rainbow Children's Medicare Limited IPO?

    The offer price of Rainbow Children's Medicare Limited IPO is ₹516-542.

  4. What is the lot size of Rainbow Children's Medicare Limited IPO?

    The lot size of Rainbow Children's Medicare Limited IPO is 27.

  5. What is the Grey Market Premium (GMP) price of Rainbow Children's Medicare Limited IPO?

    The Grey Market Premium (GMP) price of Rainbow Children's Medicare Limited IPO is ₹38-40.

  6. What is the Kostak price of Rainbow Children's Medicare Limited IPO?

    The Kostak price of Rainbow Children's Medicare Limited IPO is ₹320.

  7. What is the Subject to Sauda price for Rainbow Children's Medicare Limited IPO?

    The Subject to Sauda price for Rainbow Children's Medicare Limited IPO is ₹600.

Rainbow Children's Medicare Limited IPO Review/Comments

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