Rainbow Childrens Medicare Limited IPO
Rainbow Childrens Medicare Limited was a mainboard IPO in the Hospital sector, offered at ₹516–₹542 per share to raise ₹1,581 crore. The issue was subscribed 12.43× overall (QIBs 38.9×, NIIs 3.73×, retail 1.38×). It listed on 10 May 2022 at ₹510 and closed its first day at ₹450, a listing loss of -16.9% versus the ₹542 issue price. It now trades around ₹1,219 (+124.8% versus the issue price).
Frequently asked questions
- How many times was the Rainbow Childrens Medicare Limited IPO subscribed?
- The Rainbow Childrens Medicare Limited IPO was subscribed 12.43× overall — 38.9× in the QIB category, 3.73× among non-institutional investors, 1.38× in retail.
- What were the Rainbow Childrens Medicare Limited IPO listing gains?
- Rainbow Childrens Medicare Limited listed on 10 May 2022 at ₹510, closing its first day at ₹450 — a listing loss of -16.9% versus the ₹542 issue price.
- What were the retail allotment odds for the Rainbow Childrens Medicare Limited IPO?
- Retail was subscribed 1.38×, so a single-lot application had roughly a 72.5% chance of allotment — most applicants were allotted, and allotment was finalised on 4 May 2022.
- What was the price band and lot size of the Rainbow Childrens Medicare Limited IPO?
- The price band was ₹516–₹542 per share, with a minimum lot of 27 shares (₹14,634 at the upper band).
- Who were the registrar and lead manager for the Rainbow Childrens Medicare Limited IPO?
- KFin Technologies Limited was the registrar, and Kotak Mahindra Capital was the book-running lead manager.