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