Issue Price
₹542
Per Share
GMP
NIL
Grey Market
Est. Listing
₹542
Expected Price
Min. Application
₹29,268
2 lots × 27 shares
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 managing complex diseases.Comprehensive perinatal care provider, with synergies between pediatric and obstetrics and gynaecology services.The hub-and-spoke model provides synergies and ensures better care and access for patients.Strong track record of growth, and operational and financial performance.Experienced senior management team with strong institutional shareholder support.
Rainbow Children's Medicare Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 29,178,021 | 100.00% | ₹1,581.45 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 27 | ₹14,634 |
| Retail (Max) | 13 | 351 | ₹190,242 |
| sNII (Min) | 14 | 378 | ₹204,876 |
| bNII (Min) | 69 | 1,863 | ₹1,009,746 |
| Particulars | 31-Dec-21 | 31-Dec-20 | 31-Mar-21 |
|---|---|---|---|
| Revenue from Operations | 774.06 | 494.29 | 660.31 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 126.41 | 38.53 | 39.57 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 1239.76 | 1076.22 | 1081.27 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |