Rainbow Children’s Medicare IPO GMP Today, Lot Size, Share Price

Author:


Rainbow Children’s Medicare’s Rs 1,580.80 crore preliminary public providing (IPO), which launches on April 27, has set a worth vary of Rs 516-542 per share with a face value of Rs 10 per share. The subscription period for anchor traders will start one day before the IPO’s scheduled launch date. The subscription period for the public challenge will finish on April 29. According to trade sources, Rainbow Children’s Medicare IPO is expected to go public on the inventory markets on May 10, 2022.

Rainbow Children’s Medicare IPO

Rainbow Children Medicare’s preliminary public providing (IPO) will start buying and selling on April 27, 2022. The enterprise intends to generate Rs. One thousand 5 hundred ninety-five crores by way of an preliminary public providing (IPO), including a new issuance of Rs. Two hundred eighty crores and gives of up to 24,000,900 fairness shares from founders.

(*90*)

(*90*)

(*90*)

(*90*)

(*90*)

(*90*)

(*90*)

(*90*)

(*90*)

(*90*)

(*90*)

(*90*)

(*90*)

(*90*)

IPO Opening Date Apr 27, 2022
IPO Closing Date Apr 29, 2022
Issue Type Book Built Issue IPO
Face Value ₹10 per fairness share
IPO Price ₹516 to ₹542 per fairness share
Market Lot 27 Shares
Min Order Quantity 27 Shares
Listing At BSE, NSE
Issue Size 29,438,884 Eq Shares of ₹10

(aggregating up to ₹1,595.59 Cr)

Fresh Issue [.] Eq Shares of ₹10

(aggregating up to ₹280.00 Cr)

Offer for Sale 24,000,900 Eq Shares of ₹10

(aggregating up to ₹[.] Cr)

QIB Shares Offered 50% of the internet provide
Retail Shares Offered 35% of the internet provide
NII (HNI) Shares Offered 15% of the internet provide

“Rainbow Children’s Medicare Limited” is India’s largest multi-specialty pediatric hospital chain and the largest supplier of obstetrics and gynecological providers. The agency reported a whole of 660 crores in gross sales in 2021, in contrast to 730 crores in income in 2020. The worth vary for the first public providing (IPO) is outlined at 516 to 542 rupees per fairness share. The Rainbow Children Medicare Initial Public Offering (IPO) will be listed on the NSE and BSE.

Rainbow Children's Medicare IPO

To be used for early redemption of non-convertible debentures (NCDs) issued by the firm in full, capital expenditure for the institution of new hospitals, and the buy of medical gear for such new hospitals, as well as general company functions, the firm proposes to use the internet proceeds from the latest challenge from the preliminary public providing (IPO).

(*10*)Rainbow Children’s Medicare IPO Competitive Strengths

  • Planning, designing, and working specialist kids’s hospitals are required.
  • With in depth scientific competence in managing advanced issues, the main pediatric multi-specialty healthcare community is identified worldwide.
  • An built-in supplier of complete perinatal care, using synergies between pediatric and obstetrics and gynecology providers, amongst other issues.
  • In addition to generating synergies, the hub-and-spoke structure ensures that sufferers get better remedy and have easier entry to care sources.
  • Growth, as well as operational and financial excellence, have a confirmed monitor document.
  • Strong institutional shareholder backing, as well as an skilled senior administration crew

Rainbow Children’s Medicare GMP Today

A bid for a minimum of 27 shares, and subsequent bids in multiples of 27 shares, may be positioned by an institutional investor. Thus, individual traders may deposit a minimum of Rs 14,634 for a single lot and a most of Rs 1,90,242 for thirtyteen heaps. It will be done on May 5, after which the company will start processing reimbursements or unblocking cash from the ASBA account, which will occur on the sixth of this month. Amounts credited to allottees’ depository accounts will be credited to their accounts on May 9.

The agency will be a part of the ranks of Max Healthcare Institute, Krishna Institute of Medical Sciences, Apollo Hospitals Enterprise, Narayana Hrudayalaya, and Fortis Healthcare if Rainbow Children’s Medicare shares are efficiently listed on the New York Stock Exchange (NYSE).

The bulk of the firm’s gross sales is derived from a small number of specialised merchandise. Primary pediatric care, secondary pediatric care, tertiary pediatric care, quaternary pediatric care, and ladies’s well being (gynecology, obstetrics, and allied providers) are the 4 major specialties of the establishment.

(*15*)About Rainbow Children’s Medicare Company

Rainbow Children’s Medicare Limited operates a multi-specialty pediatric and obstetrics and gynecology hospital community in India. Infant and pediatric intensive care, pediatric multi-specialty providers, pediatric quaternary care, obstetrics and gynecology, routine and advanced obstetric care, multidisciplinary fetal care, perinatal genetics, and fertility providers are amongst the providers supplied by the group.

According to the most up-to-date information available on September 30, 2021, Rainbow Children’s Medicare operated 14 hospitals and three clinics in six areas with 1,500 beds. Founded in Hyderabad in 1999, the group opened its first pediatric specialty hospital for kids.

Using a full-time physician mannequin, Rainbow Children’s Medicare Limited can provide entry to most core specialists round the clock, which is particularly crucial for kids’s emergency, neonatal, and pediatric intensive care providers. According to the firm’s most up-to-date financial report, it employed 602 full-time physicians and 1,686 part-time or visiting medical doctors as of September 30, 2021.



Thank You for visiting

Leave a Reply

Your email address will not be published.