Rainbow Children’s Medicare IPO was subscribed 12.43 times on the last day of the bidding on Friday, showed NSE IPO data. The three-day Rs 1,580.85 crore IPO of leading multi-specialty pediatric and obstetrics and gynecology hospital chain, which opend on April 27, closed on April 29. The Qualified Institutional Buyers (QIB) portion was subscribed maximum at 38.9 times, followed by non-institutional investors bidding of 3.73 times. The retail investors oversubscribed the issue by 1.38 times. 

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As the application process of Rainbow Children’s Medicare IPO has completed, share allotment is likely to begin from May 5. Those who have applied for the IPO can check share allotment status online on BSE and registrar to the IPO KFintech.  

https://ris.kfintech.com/ipostatus/ipos.aspx 

2) Select the IPO from the drop down.        

3) Now select application number/DPID/Client ID/PAN          

4) Enter application number followed by Captcha code          

5) Now Click at 'Submit' option and your IPO application status will become available on your computer monitor or Smartphone screen.        

Rainbow Children’s Medicare IPO Timeline 

Rainbow Children’s Medicare IPO application start date: April 27, 2022 

Rainbow Children’s Medicare IPO application end date: April 29, 2022 

Rainbow Children’s Medicare IPO allotment start date: May 5, 2022 

Rainbow Children’s Medicare IPO refund initiation date: May 6, 2022 

Rainbow Children’s Medicare IPO allotment finalisation date: May 9, 2022 

Rainbow Children’s Medicare IPO listing date: May 10, 2022 

The above timeline is as per discount broker upstox.  

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.