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 OnWednesday 27-Apr-22
Bid/Offer Closes OnFriday 29-Apr-22
Price BandRs. 516- Rs. 542 per equity share
Lot Size27 Shares

How to apply via Web Platform

The below table has important dates with respect to the IPO allotment and listing.

Finalization of Basis of Allotment05-May-22
Initiation of Refunds06-May-22
Credit of Shares to Demat Acct09-May-22
IPO Shares Listing Date10-May-22
UPI mandate expiry date11-May-22

How to Check Allotment Status

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.

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