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
View
DRHP
View
Open Date

2022-04-27

Close Date

2022-04-29

Rainbow Children''s Medicare Ltd. 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

₹ 1573.8

Current Return

190.37%

Rainbow Children''s Medicare Ltd. News

Rainbow Children’s Medicare informs about newspaper advertisement29 Oct, 5:10PM RainbowChildrenS Med - Quaterly Results27 Oct, 6:20PM RainbowChildrenS Med - Quaterly Results27 Oct, 6:20PM RainbowChildrenS Med - Quaterly Results13 Aug, 4:08PM RainbowChildrenS Med - Quaterly Results13 Aug, 4:08PM RainbowChildrenS Med - Quaterly Results13 Aug, 4:08PM Rainbow Children's Medicare informs about annual secretarial compliance report25 May, 12:21PM RainbowChildrenS Med - Quaterly Results19 May, 6:19PM RainbowChildrenS Med - Quaterly Results19 May, 6:19PM Rainbow Children’s Medicare adds 50-bed additional block in Hydernagar Hospital8 Mar, 3:10PM Rainbow Children’s Medicare launches 80 beds spoke hospital in Chennai1 Mar, 6:40PM Rainbow Children's Medicare submits analyst meet intimation24 Feb, 12:34PM Rainbow Children’s Medicare inaugurates new hospital in Karnataka25 Jan, 2:07PM RainbowChildrenS Med - Quaterly Results24 Jan, 4:06PM RainbowChildrenS Med - Quaterly Results24 Jan, 4:06PM RainbowChildrenS Med - Quaterly Results24 Jan, 4:06PM Rainbow Children's Medicare inks pact with Ministry of Health, Zanzibar16 Jan, 11:30AM Rainbow Children’s Medicare commences new hospital at Hyderabad4 Jan, 4:19PM Rainbow Children's Medicare informs about change in directorate30 Oct, 5:22PM Rainbow Children's Medicare informs about outcome of board meeting 30 Oct, 5:11PM

Company Financials

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

Exchange

NSE: RAINBOW BSE: 543524

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

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.

 

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 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 695.11 614.45 924.6 1113.99 1236.56
Total Expenditure 486.44 448.78 625.88 728.96 819.81
Operating Profit 208.67 165.67 298.71 385.03 416.75
Other Income 11.93 11.95 20.82 31.23 36.95
Interest 46.5 43.83 52.8 55.09 59.33
Depreciation 64.93 67.9 76.99 83.71 105.15
Exceptional Items 0 0 0 -4.63 0
Profit Before Tax 109.17 65.89 189.74 272.83 289.22
Provision for Tax 38.29 16.48 47.45 66.94 74.33
Net Profit 70.88 49.41 142.29 205.89 214.89
Adjusted EPS (Rs.) 0.79 0.55 1.51 2.03 2.12

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 54.91 54.9 105 101.5 101.5
Total Reserves 370.71 421.03 531.3 986.89 1183.75
Borrowings 45.81 40.52 27.31 0 0
Other N/C liabilities 453.63 435.22 493.27 510.38 701.31
Current liabilities 166.25 116.42 116.99 129.06 138.51
Total Liabilities 1091.31 1068.09 1273.86 1727.83 2125.07
Assets
Net Block 663.36 722.18 812.86 891.48 1218.7
Capital WIP 42.63 28.68 4.6 20.9 13.82
Intangible WIP 0 0.09 1.16 1.91 6.09
Investments 19.62 29.27 20.17 46.55 46.55
Loans & Advances 98.66 55.43 112.01 82.07 227.67
Other N/C Assets 0.26 15.09 43.19 218.63 17.94
Current Assets 266.78 217.35 279.86 466.31 594.3
Total Assets 1091.31 1068.09 1273.86 1727.83 2125.07
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Other Income 8.88 8.24 12.24 11.48 10.72
Profit Before Tax 85.6 82.55 68.42 51.63 103.6
Tax 21.61 21.4 17.99 12.9 26.25
Profit After Tax 63.98 61.14 50.44 38.73 77.34
Adjusted EPS (Rs) 6.3 6.02 4.97 3.82 7.62

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 49.85 0
Jun 2024 49.88 0
Mar 2024 49.83 0
Dec 2023 49.83 0
Sep 2023 49.83 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 109.17 65.89 189.74 272.83 289.22
Adjustment 101.8 100.25 109.51 115.81 130.08
Changes in Assets & Liabilities -13.07 1.92 -23.17 5.23 -26.81
Tax Paid -19.79 -26.51 -62.02 -78.32 -86.07
Operating Cash Flow 178.11 141.56 214.06 315.56 306.42
Investing Cash Flow -122.83 -86.79 -169.2 -460.28 -213.73
Financing Cash Flow -54.26 -56.43 -41.13 147.68 -97
Net Cash Flow 1.02 -1.67 3.73 2.96 -4.31
X