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Rainbow Children’s Medicare Ltd IPO Review

Rainbow Children’s Medicare Ltd IPO Overview

Rainbow Children’s Medicare Limited is an Indian hospital network that specialises in paediatrics, obstetrics, and gynaecology. The company provides a wide range of services, including newborn and paediatric intensive care, paediatric multi-speciality services, paediatric quaternary care, obstetrics and gynaecology (including normal and complex obstetric care), and multidisciplinary foetal care, perinatal genetic and fertility care. As of September 30, 2021, Rainbow Children’s Medicare manages 14 hospitals and three clinics in six locations, with a total bed capacity of 1,500 beds. The business opened its first paediatric specialist hospital in Hyderabad in 1999.

Rainbow Children’s Medicare Limited works on a full-time doctor model, which ensures that most core specialists are accessible 24 hours a day, seven days a week, which is especially crucial for children’s emergency, neonatal, and paediatric critical care services.

Rainbow Children’s Medicare Ltd IPO Details

Campus Shoes IPO Date

27 – 29 April 2022

IPO Price Band

INR516 – 542 per share

Fresh issue

INR280 crore

Offer For Sale

24,000,900 shares (INR1,238.45 – 1,300.85 crore)

Total IPO size

INR1,518.45 – 1,580.85 crore

Minimum bid (lot size)

27 shares

Face Value 

INR10 per share

Retail Allocation

35%

Listing On

NSE, BSE

Rainbow Children’s Medicare Ltd IPO Financial Performance

 

FY2021

9M FY2022

Revenue

660.3

774.1

Expenses

604.6

602.5

Net income

39.6

126.4

Net margin (%)

6.0

16.3

 

FY2019

FY2020

Revenue

551.1

729.7

Expenses

493.6

636.4

Net income

44.6

55.3

Net margin (%)

8.1

7.6

Rainbow Children’s Medicare Ltd IPO Key Ratios

 

FY2019

FY2020

FY2021

EPS

4.74

5.92

4.25

PE ratio

NA

NA

121.41 – 127.53

RONW (%)

12.01

13.68

8.88

ROCE (%)

11.68

16.32

10.48

EBITDA (%)

NA

NA

NA

Debt/Equity

0.14

0.14

0.11

NAV

NA

NA

48.82

Rainbow Children’s Medicare Ltd IPO GMP Trend

GMP (₹)

Subject to Rates

IPO Price

Estimated Listing Price

10

(Seller Only)

500

542

552 (1.85%)

Listing Performance of Rainbow Children’s Medicare Ltd IPO

Listed On :  NSE BSE

Issue Price : ₹516 to ₹542 per share

Listing Day Close :

Listing Day Gain :

Rainbow Children’s Medicare Ltd IPO GMP Trend

NSE :

ISIN CODE :  INE961O01016

BSE :

Rainbow Children’s Medicare Ltd IPO Allotment Status

BSE IndiaClick Here

KfintechClick Here

Link InTimeClick Here

Rainbow Children’s Medicare Ltd IPO Brokers Reviews & Rating

Ashika Research – Apply

Axis Capital – Not Rated

Capital Market – Neutral

Dilip Davda – Apply

HDFC Securities Limited – Not Rated

Marwadi Shares and Finance Ltd – Apply

TopShareBrokers.com – May apply

Rainbow Children’s Medicare Ltd IPO Important Dates

IPO Open Date

Apr 27, 2022

IPO Close Date

Apr 29, 2022

Basis of Allotment Date

May 5, 2022

Initiation of Refunds

May 6, 2022

Credit of Shares to Demat Account

May 9, 2022

IPO Listing Date

May 10, 2022

Rainbow Children’s Medicare Ltd IPO Contact Details

8-2-19/1/A, Daulet Arcade,

Road No. 11, Banjara Hills,

Hyderabad – 500 034, Telangana

Tel: +91 40 49692244

E-mail: companysecretary@rainbowhospitals.com

Website: www.rainbowhospitals.in

Rainbow Children’s Medicare Ltd IPO Registrar Contact Details

Kfin Technologies Private Limited

Selenium Tower – B, Plot 31 & 32, Gachibowli,

Financial District, Nanakramguda, Serilingampally,

Hyderabad – 500 032, Telangana

Tel: +91 40 6716 2222

E-mail: rcml.ipo@kfintech.com

Website: www.kfintech.com

Rainbow Children’s Medicare Ltd IPO Subscription Details

Updated Soon.

Rainbow Children’s Medicare Ltd IPO FAQ's

The Rainbow Children Medicare IPO is a BSE NSE IPO of [.] shares of ₹10 (aggregating up to ₹1,580.85 Cr). The issue is priced at ₹516 to ₹542 per share.
The fresh issue size priced at [.] shares of ₹10 (aggregating up to ₹280.00 Cr).
and IPO offer for sale at 24,000,900 shares of ₹10 (aggregating up to ₹1,300.85 Cr).
The initial public offering (IPO) begins on Apr 27, 2022 and ends on Apr 29, 2022.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and NSE.

The Rainbow Children Medicare IPO opens on Apr 27, 2022 and closes on Apr 29, 2022. The IPO Issue date may list on May 10, 2022.

Rainbow Children Medicare IPO Market lot size is 27 Shares and the minimum order quantity is 27 Shares.

The finalisation of Basis of Allotment for Rainbow Children Medicare IPO will be done on May 5, 2022. and the allotted shares will be credited to your demat account by May 9, 2022. Check the Rainbow Children Medicare IPO status.

The Rainbow Children Medicare IPO listing date is on May 10, 2022.

Rainbow Children Medicare IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

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