Sensex
79,486.32 profit arw -55.47 (-0.07%)
Nifty
24,148.20 profit arw -51.15 (-0.21%)
Nasdaq
19,286.78 profit arw 17.32 (0.09%)

GET IN TOUCH

GET IN TOUCH

IPO Details


Rainbow Children's Medicare Ltd
Registered Office: 8-2-120/103/1 Survey No 403, Road No 2 Banjara Hills, Hyderabad - 500034, Telangana
Phone: 91-40-49695244
Email: companysecretary@rainbowhospitals.in
Website: www.rainbowhospitals.in
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.
Issue Money Payable On
Opens On Closes On Application Allotment
27-Apr-2022 29-Apr-2022 542.00 0.00
Minimum Application for shares in Nos : 27 Further Multiples of : 27
()Cr. Lead Managers to the Issue
Project Cost 266.20 IIFL Securities Ltd
Project Financed through Current Offer 1,580.85
Post Issue Equity Share Capital 101.51
Issue Price 542.00
Projects
Early redemptin of NCDs issued by the company in full
Capital expenditure towards setting up of new Hospitals & purchase of medical equipment for such new Hospitals
General corporate purposes
Promoted By
Ramesh Kancharla
Dinesh Kumar Chirla
Adarsh Kancharla
Listing At
BSE
NSE
Registrar to the Issue
KFin Techologies Ltd

INDIAN INDICES

Sensex

79,486.32 -55.47 (-0.07%)

Nifty

24,148.20 -51.15 (-0.21%)

GLOBAL INDICES

USD

NA

NASDAQ

19,286.78 17.32 (0.09%)

HANG SENG

20728.19 -225.15(-1.07%)