|Opening Date||27 Apr 2022|
|Closing Date||29 Apr 2022|
|Price Range||516 – 542|
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.
Dr. Ramesh Kancharla, Dr. Dinesh Kumar Chirla and Dr. Adarsh Kancharla are the company promoters.
|Particulars||For the year/period ended (Rs in Millions)|
|Profit After Tax||1,264.13||385.25||395.68||553.40||445.90|
The company propose to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
Login to InvestMentor IPO Portal
Enter your bid details and UPI ID
Accept mandate using your UPI enabled app