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April 25, 2022
IPO Alert: Rainbow Children's Medicare Ltd.
Rainbow Children's Medicare Ltd. is a leading multi-specialty pediatric and obstetrics and gynecology hospital chain in India, operating 14 hospitals and 3 clinics in 6 cities, with a total bed capacity of 1,500 beds. They had 641 full-time doctors and 1,947 part time/visiting doctors as on December 2021.
| Bid/Offer Opens On | Wednesday 27-Apr-22 |
| Bid/Offer Closes On | Friday 29-Apr-22 |
| Price Band | Rs. 516- Rs. 542 per equity share |
| Lot Size | 27 Shares |
The below table has important dates with respect to the IPO allotment and listing.
| Finalization of Basis of Allotment | 05-May-22 |
| Initiation of Refunds | 06-May-22 |
| Credit of Shares to Demat Acct | 09-May-22 |
| IPO Shares Listing Date | 10-May-22 |
| UPI mandate expiry date | 11-May-22 |
In case you have not been allotted for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.
