Rainbow Children’s Medicare Limited operates a multi-specialty pediatric, obstetrics and gynecology hospital chain in India. The company offers a wide range of services such as newborn and pediatric intensive care, pediatric multi-specialty services, pediatric quaternary care, obstetrics and gynecology, 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 specialty 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.
Rainbow Children’s Medicare Limited Timetable
| Particular | Date |
| IPO Open Date | 27 Apr 2022 |
| IPO Close Date | 29 Apr 2022 |
| Allotment Date | 06May 2022 |
| IPO Listing Date | 10 May 2022 |
Rainbow Children’s Medicare Limited Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs. 516to Rs. 542 Per Equity Share |
| Market Lot | 27 Share |
| NSE Symbol | |
| BSE Symbol | |
| ISIN Code | |
| Listing At | NSE & BSE |
| Issue Size | Approx. Rs. 1300 Crore. |
Rainbow Children’s Medicare Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 27 | Rs. 14634 |
| Maximum | 13 | 351 | Rs. 190242 |
Rainbow Children’s Medicare Limited IPO Allotment Status
Click Here To Check IPO Allotment Status Rainbow Children’s Medicare Limited
Click Here To Get ASBA Forms Rainbow Children’s Medicare Limited
Company Financials:
| Particular | 31 Dec 2021 | 31 March 2021 | 31 March 2020 |
| Total Assets | 12397.56 | 10812.67 | 10192.37 |
| Total Revenue | 7740.62 | 6603.10 | 7297.31 |
| Profit After Tax | 1264.13 | 395.68 | 553.40 |
For the year/period ended (₹ in million)
Company Promoters:
Dr. Ramesh Kancharla, Dr. Dinesh Kumar Chirla and Dr. Adarsh Kancharla are the company promoters.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Rainbow Children’s Medicare Limited 8-2-120/103/1, Survey No. 403, Banjara Hills, Hyderabad – 500 034 Phone: + 91 40 49692244 Email: companysecretary@rainbowhospitals.com Website: https://www.rainbowhospitals.in/ | KFin Technologies Limited Phone: 04067162222, 04079611000 Email: rcml.ipo@kfintech.com Website: https://karisma.kfintech.com/ |
