Rainbow Children's Medicare Limited
- IPO Date27 Apr, 2022 to 29 Apr, 2022
- Listing Date10 May, 2022
- Face Value₹10 per share
- Issue Price₹516 to ₹542 per share
- Lot Size27 Shares
- Minimum Investment₹14,634
- Listing AtBSE, NSE
- Total Issue Size-
- Fresh Issue-
- Offer for Sale2,40,00,900 Shares
(aggregating up to ₹1300.85 Cr) - Issue TypeBook Built Issue IPO
- Share holding pre issue-
- Shareholding post issue-
IPO Dates
Closing Date
29 Apr, 2022
Initiation of Refunds
09 May, 2022
Listing Date
10 May, 2022
27 Apr, 2022
Opening Date
05 May, 2022
Basis of Allotment
09 May, 2022
Credit of Shares
Rainbow Children's Medicare Limited Lot Size
Investors can bid for a minimum of 27 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 27 | ₹14,634 |
| Retail (Max) | 13 | 351 | ₹1,90,242 |
Rainbow Children's Medicare Limited Promoter Holding
Dr. Ramesh Kancharla, Dr. Dinesh Kumar Chirla and Dr. Adarsh Kancharla are the company promoters.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 62.19% | 49.83% |
Rainbow Children's Medicare Limited COMPANY INFORMATION
Rainbow Children Medicare IPO is a book built issue of Rs 1,580.85 crores. The issue comprises of fresh issue of Rs 280.00 crore and offer for sale of 2.4 crore shares.
Rainbow Children Medicare IPO bidding started from April 27, 2022 and ended on April 29, 2022. The allotment for Rainbow Children Medicare IPO was finalized on Thursday, May 5, 2022. The shares got listed on BSE, NSE on May 10, 2022.
Rainbow Children Medicare IPO price band is set at ₹516 to ₹542 per share. The minimum lot size for an application is 27 Shares. The minimum amount of investment required by retail investors is ₹14,634.
The issue includes a reservation of up to 300,000 shares for employees offered at a discount of Rs 20 to the issue price.
Kotak Mahindra Capital Company Limited, J.P. Morgan India Private Limited and Iifl Securities Ltd are the book running lead managers of the Rainbow Children Medicare IPO, while Kfin Technologies Limited is the registrar for the issue.
Refer to Rainbow Children Medicare IPO RHP for detailed information.
FAQs About Rainbow Children'S Medicare Limited
Rainbow Children's Medicare Limited will open on 27 Apr, 2022 and close on 29 Apr, 2022. Investors must apply within this period to participate.
The Rainbow Children's Medicare Limited price band is set between ₹516.00 and ₹542.00 per share. The minimum lot size is 27, requiring an investment of at least ₹14634.00.
The Rainbow Children's Medicare Limited shares are expected to be listed on 10 May, 2022, subject to regulatory approvals and final allotment.
You can track your Rainbow Children's Medicare Limited application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Rainbow Children's Medicare Limited will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.