Rainbow Children''s Medicare Ltd. IPO

A leading multi-speciality pediatric and obstetrics and gynaecology hospital chain in India. Our core specialities are paediatrics, which includes newborn and pediatric intensive care, pediatric multi-speciality services, pediatric quaternary care (including multi-organ transplants).

RHP
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DRHP
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Open Date

2022-04-27

Close Date

2022-04-29

IPO Details

Check out the issue details for Rainbow Children''s Medicare Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 542

Price Band

₹ 516 - 542

Issue Size

1580.85 Cr.

Issue Type

Book Built

Open

2022-04-27

Close

2022-04-29

Listingprice

₹ 510

ListingGain

-5.90%

Listing Date

2022-05-10

CMP

₹ 1279.1

Current Return

136.00%

Company Financials

You can get the following financial statements of Rainbow Children''s Medicare Ltd. as of now.

Subscription Details

The details about the Rainbow Children's Medicare Ltd IPO is as:

  • The issue size of the IPO is 1580.85 Cr.
  • The price band ranges from Rs 516 to Rs 542.
  • The shares of Rainbow Children's Medicare will list on 10th May 2022.
  • The latest tentative GMP of Rainbow Children's Medicare IPO is Rs 40.
  • The shares of Rainbow Children's Medicare IPO are subscribed 12.43 Times as of 29th April 2022.

Rainbow Children's Medicare Valuation

The approx valuation of Rainbow Children's Medicare IPO company based on its price band and DRHP (prospectus) is: 

Particulars Value
Upper Price Band Rs 542
Existing Shares (Qty) 9.63 Cr
Fresh Issue 280 Cr
Market Cap 5500 Cr
EPS (FY21) Rs 4.36
Industry PE 241.5x
PE Ratio 124.3x

 

Rainbow Children's Medicare IPO Issue Size

Rainbow Children's Medicare IPO issue size is 1580.85 Cr

Issue Amount
Fresh Issue 280 Cr
Offer For Sale 1300.85 Cr

 

Rainbow Children's Medicare IPO Market Lot

An Individual can apply for a minimum 1 lot of 27 shares and a maximum of 13 lots of 351 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 27 Rs 14,634
 Maximum 13 351 Rs 1,90,242

 

Rainbow Children's Medicare IPO share offer

The shares of Rainbow Children's Medicare IPO is subscribed 12.43 Times as of 29th April 2022. The category-wise shares subscription are as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 38.90 Times
Non-Institutional Minimum 35% 3.73 Times
Retail Individual Minimum 35% 1.38 Times
Employee 3 Lakh Shares 0.31 Times
Total   12.43 Times

 

Rainbow Children's Medicare IPO Grey Market Premium

As on GMP (Tentative)
30 April 2022 Rs 30
1 May 2022 Rs 35
2 May 2022 Rs 40
3 May 2022 Rs 40
4 May 2022 Rs 40

It is purely for informational purposes and invest in an IPO after thoroughly researching on your own.

 

Allotment Details

Find below the dates for Rainbow Children's Medicare IPO:

Schedule Date
Basis of Allotment 5 May 2022
Refunds 6 May 2022
Credit to Demat Account 9 May  2022
IPO Listing Date 10 May 2022

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 542.8 695.11 614.45 924.6 1113.99
Total Expenditure 430.32 486.44 448.78 625.88 728.96
Operating Profit 112.48 208.67 165.67 298.71 385.03
Other Income 8.5 11.93 11.95 20.82 31.23
Interest 5.63 46.5 43.83 52.8 55.09
Depreciation 36.03 64.93 67.9 76.99 83.71
Exceptional Items 0 0 0 0 -4.63
Profit Before Tax 79.32 109.17 65.89 189.74 272.83
Provision for Tax 19.69 38.29 16.48 47.45 66.94
Net Profit 59.63 70.88 49.41 142.29 205.89
Adjusted EPS (Rs.) 0.66 0.79 0.55 1.51 2.03

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 54.91 54.91 54.9 105 101.5
Total Reserves 358.85 370.71 421.03 531.3 986.89
Borrowings 49.73 45.81 40.52 27.31 0
Other N/C liabilities 7.33 453.63 435.22 493.27 510.38
Current liabilities 84.59 166.25 116.42 116.99 134.41
Total Liabilities 555.41 1091.31 1068.09 1273.86 1733.18
Assets
Net Block 332.73 663.36 722.18 812.86 891.48
Capital WIP 21.02 42.63 28.68 4.6 20.9
Intangible WIP 0 0 0.09 1.16 1.91
Investments 1.44 19.62 29.27 20.17 46.55
Loans & Advances 45.16 98.66 55.43 112.01 81.9
Other N/C Assets 5.52 0.26 15.09 43.19 218.63
Current Assets 149.54 266.78 217.35 279.86 471.83
Total Assets 555.41 1091.31 1068.09 1273.86 1733.18
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Other Income 8.24 8.64 7.59 8.88 8.24
Profit Before Tax 76.17 71.56 52.65 85.6 82.55
Tax 19.29 15.97 13.32 21.61 21.4
Profit After Tax 56.88 55.59 39.33 63.98 61.14
Adjusted EPS (Rs) 5.6 5.48 3.87 6.3 6.02

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 49.83 0
Sep 2023 49.83 0
Jun 2023 49.83 0
Mar 2023 49.83 0
Dec 2022 49.83 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 79.32 109.17 65.89 189.74 272.83
Adjustment 31.52 101.8 100.25 109.51 115.81
Changes in Assets & Liabilities -0.44 -13.07 1.92 -23.17 4.46
Tax Paid -14.53 -19.79 -26.51 -62.02 -78.32
Operating Cash Flow 95.88 178.11 141.56 214.06 314.78
Investing Cash Flow -125.32 -122.83 -86.79 -169.2 -460.28
Financing Cash Flow 30.95 -54.26 -56.43 -41.13 147.68
Net Cash Flow 1.51 1.02 -1.67 3.73 2.19
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