Rainbow Children Medicare IPO Date, Review, Price, Allotment, Analysis Details

Rainbow Children Medicare IPO date is fixed, the IPO is to hit the market on April 27, 2022 and will close on April 29, 2022. Rainbow Children Medicare aka Rainbow Hospital IPO to raise around ₹2000 crores via IPO that comprises fresh issue of ₹280 crores and offer for sale up to 24,000,900 equity shares of ₹10 each. The retail quota is 35% while QIB is 50% and HNI is 15%.

Hyderabad-based Rainbow Children’s Medicare Limited is a leading multi-specialty pediatric and obstetrics and gynecology hospital chain in India. They offer services like newborn and pediatric intensive care, pediatric multi-specialty services, pediatric quaternary care, obstetrics, and gynecology, which include normal and complex obstetric care, multidisciplinary fetal care, perinatal genetic, and fertility care.

Rainbow Hospital operates 14 hospitals and 3 clinics in 6 cities with a bed capacity of 1500. The Rainbow hospital started its first pediatric specialty hospital in 1999. They have also expanded their operations to include obstetrics and gynecology services, whereby they offer comprehensive perinatal services to patients. They follow a doctor engagement model whereby, most of their core specialists work exclusively at their hospitals on a full-time retainer basis. This model ensures that most of their core specialists are available 24/7 at their hospitals, which is particularly important for children’s emergency, neonatal and pediatric intensive care services. You can check Rainbow Children Medicare IPO subscription status and Rainbow Children Medicare IPO allotment status on their respective pages.

Rainbow Hospital IPO Important Details:

• One of the leading multi-specialty pediatric and obstetrics and gynecology hospital chains in India.
• The experienced management team started their first hospital in 1999.
• The revenues and profit are looking good for the last few years.
• Over 600 full-time doctors with the hospital and over 1600 part-time/visiting doctors.
• A total bed capacity of 1,500 beds in 6 cities.
• The offer includes a reservation of up to 3 lakh shares for subscription by eligible employees.
• Backed by UK-based development finance institution CDC Group ple.

Rainbow Children Medicare IPO Review (Good or Bad)

Brokerage Firm IPO Review

• Axis Bank: Adding Soon
• Capital Market: Adding Soon
• SMC Global: Adding Soon
• Reliance Securities: Adding Soon
• Ajcon Global Services Ltd: Adding Soon
• Hem Securities: Adding Soon
• ICICI Securities: Adding Soon

Rainbow Children Medicare IPO Form

How to apply for the Rainbow Children Medicare IPO? You can apply for Rainbow Children Medicare IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Rainbow Children Medicare IPO in the Invest section. The other option is you can apply for Rainbow Children Medicare IPO via IPO forms download via NSE and BSE. Check out the Rainbow Children Medicare forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Peer Group

• Apollo Hospitals Enterprise Limited
• Fortis Healthcare Limited
• Narayana Hrudalaya Limited
• Max Healthcare Institute Limited
• Krishna Institute of Medical Sciences Limited

Company Promoters

• Dr. Ramesh Kancharla
• Dr. Dinesh Kumar Chirla
• Dr. Adarsh Kancharla

Rainbow Children Medicare IPO Registrar

KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://karisma.kfintech.com/

Rainbow Children Medicare IPO Allotment Status Check

Check Rainbow Children Medicare IPO allotment status on KFintech website allotment URL. Click Here

Rainbow Children Medicare IPO Lead Managers

• Kotak Mahindra Capital Company Limited
• J.P. Morgan India Private Limited
• IIFL Securities Ltd

Company Address

Rainbow Children’s Medicare Limited
8-2-120/103/1,
Survey No. 403,
Banjara Hills, Hyderabad – 500 034
Phone: + 91 40 49692244
Email: [email protected]
Website: https://www.rainbowhospitals.in/

Rainbow Children Medicare IPO FAQs

Note: The Rainbow Children Medicare IPO price band and date will be added as it will be officially announced. The IPO grey market premium (Rainbow Children Medicare IPO Premium) will be added on the IPO grey market page as it will start)