Rainbow Children’s Medicare IPO GMP

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.

Rainbow Childrens Medicare IPO

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

KFin Technologies Private Limited
Phone: +91-406716 2222
E-mail: rcml.ipo@kfintech.com
Website: www.kfintech.com

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

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