Rainbow Childrens Medicare IPO subscription is to open on 27 April and will close on 29 April 2022, Rainbow Children’s Medicare is the leading multi-specialty pediatric and obstetrics and gynecology hospital chain in India. Check the Rainbow Children’s Medicare Subscription Status & Allotment Status.
- About Rainbow Children’s Medicare
- Important Details – Rainbow Children’s Medicare
- Objects of the Issue
- Rainbow Children’s Medicare Limited Financials:
- Rainbow Children’s Medicare IPO Price – Details
- Rainbow Children’s Medicare IPO DRHP & RHP
- Rainbow Children’s Medicare IPO Lot Size
- Rainbow Children’s Medicare IPO Lead Managers
- Rainbow Children’s Medicare IPO Registrar
- Rainbow Children’s Medicare IPO Allotment Date, Listing Date and other Important Dates
- Company Peers – Comparison of Accounting Ratios
- Company Corporate Office
- Company Registered Office
- Company Promoters
- Rainbow Children’s Medicare IPO – FAQS
About Rainbow Children’s Medicare
Rainbow Childrens Medicare is 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, as of December 31, 2021. Rainbow Childrens Medicare had the highest number of hospital beds amongst comparable players in the maternity and pediatric healthcare delivery sector, as of March 31, 2021. The 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, multi-disciplinary fetal care, perinatal genetic and fertility care.
Also Read:
- Rainbow Children’s Medicare IPO GMP
- Rainbow Children’s Medicare IPO Subscription Status
- Rainbow Childrens Medicare IPO Allotment Status
- Rainbow Childrens Medicare IPO Listing Date
Important Details – Rainbow Children’s Medicare
| Date | Details |
|---|---|
| August 7, 1998 | The company was originally incorporated as ‘Rainbow Children’s Medicare Private Limited’ as a private limited company, at Hyderabad, Telangana |
| November 3, 2021 | The company was converted into a public limited company, and the name of the company was changed to ‘Rainbow Children’s Medicare Limited’ |
Objects of the Issue
- Early redemption of NCDs issued by the company to CDC Emerging Markets Limited (“CDCEML”) in full
- Capital expenditure towards setting up of new hospitals and purchase of medical equipment for such new hospitals; and
- General corporate purposes.
Rainbow Children’s Medicare Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in millions) | |||
|---|---|---|---|---|
| 31-Dec-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 12,397.56 | 10,812.67 | 10,192.37 | 9,263.96 |
| Total income | 7,740.62 | 6,603.10 | 7,297.37 | 5,511.44 |
| Total Expenses | 6,024.75 | 6,046.14 | 6,363.81 | 4,936.18 |
| Profit After Tax | 1,264.13 | 395.68 | 553.4 | 445.9 |
Rainbow Children’s Medicare IPO Price – Details
| Description | RAINBOW IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 2,94,38,884 Equity Shares of ₹ 10 (aggregating up to ₹ 1,595.59 Crore) |
| Issue Open Date | 27-Apr-22 |
| Issue Close Date | 29-Apr-22 |
| Issue Type | Book Building |
| IPO Price Band | ₹ 516 – ₹ 542 |
| Face Value | ₹ 10 |
| Market Lot | 27 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 27 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE, BSE |
| NSE Symbol | RAINBOW |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Rainbow Children’s Medicare IPO DRHP & RHP
Rainbow Children’s Medicare IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 27 | ₹ 14,634 |
| Maximum | 13 | 351 | ₹ 1,90,242 |
Rainbow Children’s Medicare IPO Lead Managers
- Kotak Mahindra Capital Company Limited
- J.P.Morgan India Private Limited
- IIFL Securities Ltd
Rainbow Children’s Medicare IPO Registrar
Rainbow Children’s Medicare IPO Allotment Date, Listing Date and other Important Dates
| Details | Important Dates |
|---|---|
| Bid / Offer Opens on | 27-Apr-22 |
| Bid / Offer Closes on | 29-Apr-22 |
| Finalisation of Basis of Allotment | 05-May-22 |
| Initiation of refunds | 06-May-22 |
| Credit of the Equity Shares | 09-May-22 |
| Listing Date | 10-May-22 |
Company Peers – Comparison of Accounting Ratios
| Name of Company | Face Value | EPS (Basic) (₹) | Total Income (Rs. in Lakhs) | NAV, as on March 31, 2021 (₹ per share) |
| Rainbow Childrens Medicare | 10 | 4.36 | 6,603.10 | 48.82 |
| Apollo Hospitals Enterprise Limited | 5 | 10.74 | 1,06,050.00 | 320.10 |
| Fortis Healthcare Limited | 10 | (1.45) | 40,766.80 | 81.06 |
| Narayana Hrudalaya Limited | 10 | (0.70) | 26,105.22 | 54.82 |
| Max Healthcare Institute Limited | 10 | (1.59) | 26,194.10 | 58.37 |
| Krishna Institute of Medical Sciences Limited | 10 | 26.87 | 13,401.02 | 111.32 |
Company Corporate Office
8-2-19/1/A, Daulet Arcade,
Road No. 11, Banjara Hills,
Hyderabad – 500 034,
Telangana
Website: www.rainbowhospitals.in
Company Registered Office
8-2-120/103/1, Survey No. 403,
Road No. 2, Banjara Hills,
Hyderabad – 500 034,
Telangana
Company Promoters
- Dr. Ramesh Kancharla
- Dr. Dinesh Kumar Chirla
- Dr. Adarsh Kancharla
Rainbow Children’s Medicare IPO – FAQS
What is the Rainbow Childrens Medicare IPO Price?
The Rainbow Childrens Medicare IPO price band is ₹ 516 – ₹ 542 per share
When Rainbow Childrens Medicare IPO will open?
The Rainbow Childrens Medicare IPO opens on Apr 27, 2022 and closes on Apr 29, 2022
What is the lot size of Rainbow Childrens Medicare IPO?
The Rainbow Childrens Medicare IPO lot size is 27 Equity Shares and the minimum order quantity is 27 Equity Shares
Who is the Registrar for Rainbow Childrens Medicare IPO?
The Registrar for Rainbow Childrens Medicare IPO is KFin Technologies Private Limited
How to apply in Rainbow Childrens Medicare IPO through UPI?
Check the step by step process here – Click here
How to apply in Rainbow Childrens Medicare IPO through Zerodha?
Check the step by step process here – Click here
Follow us on Telegram for all the latest updates