Rainbow Children’s Medicare Limited IPO Closed

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IPO date 27th – 29th Apr 2022
Listing date 10 May 2022
Price range 516 – 542
Minimum order quantity 27
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Rainbow Children’s Medicare Limited is a leading multi-specialty pediatric and obstetrics and gynecology hospital chain in India, offering services such as newborn and pediatric intensive care, pediatric multi-specialty services, pediatric quaternary care, obstetrics and gynecology, which includes normal and complex obstetric care, and multidisciplinary fetal care, perinatal genetic and fertility care.

As of December 31, 2021, Rainbow Children’s Medicare operated 14 hospitals and three clinics in 6 cities, with a total bed capacity of 1,500 beds, and had had 641 full-time doctors and 1,947 part-time/visiting doctors.

The public offering of Rainbow Children’s Medicare comprises a fresh issue of equity shares aggregating up to Rs. 280 crores and an offer for sale of 2.4 crore equity shares from selling shareholders.

Financial Snapshot

Financial Year Ended Revenue (₹ Crores) PAT (₹ Crores) EPS (₹)
March 2019 551.14 44.59 4.83
March 2020 729.74 55.34 5.98
March 2021 660.31 39.57 4.36
As of December 2021 774.06 126.41 13.39

IPO Schedule

Issue Period 27th April to 29th April 2022
Finalization of Allotment 5th May 2022
Initiation of Refunds 6th May 2022
Credit of Shares 9th May 2022
Date of Listing 10th May 2022
Mandate end date 14th May 2022
Anchor Investors Lock-In End Date 29th May 2022

How do I apply to the Rainbow Children’s Medicare Limited IPO?

You can apply for the Rainbow Children’s Medicare Limited IPO using any supported UPI app by following two steps:

  • Enter your bid on Console
  • Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

Where do I check the allotment status for Rainbow Children’s Medicare Limited IPO?

You can check the allotment status for the Rainbow Children’s Medicare Limited IPO on the website of the Registrar and Transfer agent.

Alternatively, you can also check the allotment status on the NSE website.