Rainbow Children’s Medicare IPO GMP is on the verge of breaking into the grey market. The grey market premium or GMP of the issue will let you how the hospital chain is going to list on the exchanges (NSE and BSE).
Rainbow Children’s Medicare Limited is a multi-specialty pediatric hospital chain that has filed DRHP SEBI to raise over ₹2,000 crore through an initial public offering (IPO). The offer will also have a reservation for employees.
Incorporated in the year 1999, Rainbow Children’s Medicare started its operations in Hyderabad comprising a 50-bed pediatric unit. It has grown to three clinics and 14 hospitals in six cities in India as of September 30, 2021. The total capacity of the company is almost 1,500 beds. The company provides pediatric care, including intensive care for newborns and children, pediatric quaternary care, pediatric multi-specialty services, and obstetrics and genecology.
Company Promoters
- Dr. Ramesh Kancharla.
- Dr. Dinesh Kumar Chirla.
- Dr. Adarsh Kancharla.
Rainbow Children’s Medicare IPO Details
| IPO DETAILS | Rainbow Children’s Medicare |
| Issue Period | January 2022 – January 2022 |
| Price Band | ₹ – ₹ per equity share |
| Issue Size | – |
| Face Value | ₹10 per equity share |
| Issue Type | Book built issue |
| Fresh Issue | [.] Eq Shares of ₹10 face value (aggregating up to ₹280 Cr) |
| Offer for sale | 24,000,900 Eq Shares of ₹10 face value (aggregating up to [.] Cr) |
| Listing | NSE and BSE |
| Registrar | KFin Technologies Private Limited |
Rainbow Children’s Medicare IPO GMP
Rainbow Children’s Medicare IPO has not yet started trading in the grey market. The GMP will be out once it starts trading in the grey market among the unregulated market’s trusted investors.
Rainbow Children’s Medicare IPO Investor Category
Rainbow Medicare IPO has 35% of the net offer under the Retail Category.
| QIB (Qualified Institutional Buyers) | 50% of net offer |
| NII (Non-Institutional Investors) | 15% of net offer |
| RII (Retail Individual Investors) | 35% of net offer |
Rainbow Children’s Medicare Book Running Lead Manager(s)
- Kotak Mahindra Capital Company Limited
-
J.P. Morgan India Private Limited
- IIFL Securities Limited
Rainbow Children’s Medicare Registrar
Company Contact Details
Road No – 2, Banjara Hills,
Near L V Prasad Eye Hospital,
Next to Hotel Park Hyatt,
Hyderabad – 500034.
Telangana, INDIA.
Phone: +91-4044665555
Email: info@rainbowhospitals.in