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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Rainbow Children's Medicare Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹542
Per ShareLot Size
27 Shares
Minimum Investment
₹14,634
Issue Size
₹1,518.45 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
54.98%
Issue Type
Book Building
ISIN
INE961O01016
Rainbow Children's Medicare Limited is a leading multi-specialty pediatric and obstetrics and gynecology hospital chain in India, operating 14 hospitals and three clinics in six cities, with a total bed capacity of 1,500 beds, as of September 30, 2021. Its core specialties are pediatrics, which includes newborn and pediatric intensive care, pediatric multi-specialty services, pediatric quaternary care (including multi organ transplants); and obstetrics and gynecology, which includes normal and complex obstetric care, multi-disciplinary fetal care, perinatal genetic and fertility care.
The total hospital market size in India in financial year 2020 was expected to be approximately Rs. 4,270 billion growing at a CAGR of 13% between the financial years 2016 and 2020. The maternity market has seen a growth of 8% between the financial years 2016 and 2020 and is expected to grow at 7-8% between the financial years 2020 and 2026 supported by strong growth in private segment of 11-12% CAGR. Paediatric market which has grown at 14% CAGR between financial years 2016 and 2020 is expected to grow at the same growth going forward.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of 29,168,579 equity shares* of face value of Rs. 10 each ("Equity Shares") of Rainbow Children's Medicare Limited (the "Company" or the "Issuer") for cash at a price of Rs. 542 per equity share (including a share premium of Rs. 532 per equity share) ("Offer Price") aggregating to Rs. 1580.85 crores* (the "Offer"), comprising a fresh issue of 5,167,679 equity shares* aggregating to Rs. 280.00 crores (the "Fresh Issue") and an offer for sale of 24,000,900 equity shares* aggregating to Rs. 1300.85 crores* by the selling shareholders referred to in annexure a (the "Offer for Sale"). The offer includes a reservation of 300,000 equity shares* aggregating to Rs. 15.66 crores* (constituting 0.30% of the post-offer paid-up equity share capital) for subscription by eligible employees (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer would constitute 28.74%* and 28.69%*, respectively, of the post-offer paid-up equity share capital. The offer price is 54.20 times the face value of the equity shares. The company, dr. Ramesh Kancharla (acting on behalf of the other promoter selling shareholders and the other selling shareholder) and the investor selling shareholders, in consultation with the brlms, offered a discount of Rs. 20 to eligible employees bidding in the employee reservation portion. *Subject to basis of allotment.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Rainbow Children's Medicare Limited was incorporated as `Rainbow Children's Medicare Private Limited' under the Companies Act, 1956, as a private limited company at Hyderabad at Telangana pursuant to a certificate of incorporation dated August 7, 1998, issued by the RoC. Subsequently, pursuant to a resolution of its Shareholders dated November 3, 2021, the Company was converted from a private company to a public company and, consequently, its name was changed from `Rainbow Children's Medicare Private Limited' to `Rainbow Children's Medicare Limited', and a fresh certificate of incorporation was consequently issued by the RoC on November 20, 2021 under the Companies Act, 2013.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.