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Open
27 Apr 2022
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Close
29 Apr 2022
3
Allotment
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Listing
Tue, May 10, 2022
Price Band
₹516 to ₹542
Issue Size
2,91,68,579 shares (agg. up to ₹1,581 Cr)
Lot Size
27 Shares
Listing Date
Tue, May 10, 2022
Latest GMP
₹-10
Est. Gain
-1.85%
✦ AI Insight
GMP Trend
10-05-2022₹-10Est. ₹532-1.85%
09-05-2022₹10Est. ₹552+1.85%
08-05-2022₹10Est. ₹552+1.85%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 8.82x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 1,239.76 | 1,081.27 | 1,019.24 | 926.40 |
| Total Income | 774.06 | 660.31 | 729.74 | 551.14 |
| Profit After Tax | 126.41 | 39.57 | 55.34 | 44.59 |
| EBITDA | 269.49 | 173.10 | 207.37 | 156.87 |
| NET Worth | 589.40 | 445.47 | 404.51 | 371.26 |
| Reserves and Surplus | 485.30 | 391.46 | 350.50 | 317.25 |
| Total Borrowing | 40.69 | 47.97 | 57.68 | 52.64 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Krishna Institute of Medical Sciences Ltd. | Mainboard | ₹2,143.74 Cr | ₹825 | null | ₹996.95 | +20.84% | ₹802.95 (-0.61%) |
| Global Longlife Hospital & Research Ltd. | SME | ₹49.00 Cr | ₹140 | 38.04 | ₹135.35 | -3.32% | ₹11.40 (+2.89%) |
| Aashka Hospitals Ltd. | SME | ₹101.64 Cr | ₹121 | null | ₹115.05 | -4.92% | ₹81.90 (+0.80%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Early redemption of NCDs issued by the Company to CDC Emerging Markets Limited (“CDCEML”), one of the Group Companies, in full | 40.00 |
| 2 | Capital expenditure towards setting up of new hospitals and purchase of medical equipment for such new hospitals | 170.00 |
| 3 | General corporate purposes | 56.20 |
About Rainbow Children's Medicare IPO
Rainbow Children's Medicare Limited operates a multi-speciality pediatric, obstetrics and gynaecology hospital chain in India. The company offers a wide range of services such as newborn and pediatric intensive care, pediatric multi-speciality services, pediatric quaternary care, obstetrics and gynaecology, which includes normal and complex obstetric care, and multidisciplinary fetal care, perinatal genetic and fertility care. Rainbow Children's Medicare operates 14 hospitals and three clinics in six cities, with a total bed capacity of 1,500 beds, as of September 30, 2021. In 1999, the company started its first pediatric speciality hospital in Hyderabad. Rainbow Children's Medicare Limited operates on a full-time doctor model ensuring that most of the core specialists are available 24/7 which is particularly important for children's emergency, neonatal and pediatric intensive care services. As of September 30, 2021, the company had 602 full-time doctors and 1,686 part-time/visiting doctors. Competitive Strengths: Ability to conceptualize, create and operate specialized children's hospitals. Leading pediatric multi-speciality healthcare chain with strong clinical expertise in manag
Contact Details
Rainbow Children's Medicare Ltd. Address8-2-120/103/1Survey No.403Banjara HillsHyderabad, Telangana, 500034+ 91 40 49692244companysecretary@rainbowhospitals.comVisit Website