Keep updated with latest Rainbow Hospital IPO GMP (Grey Market Premium), kostak rates, and subject to sauda rates. Rainbow Hospital IPO GMP for today is INR30 per share against the issue price of INR516 – 542 per share. This implies Rainbow Hospital IPO expected listing price is INR572 per share based on the current GMP.
The company operates a network of 14 hospitals and three clinics (multi-specialty pediatric and obstetrics and gynecology hospitals) in six cities, with a total bed capacity of 1,500 beds, as of 30 September 2021. It has the highest number of hospital beds amongst comparable players in the maternity and pediatric healthcare delivery sector, as of 31 March 2021. The company follows a hub-and-spoke model in Hyderabad, with Banjara Hills hospital (comprising 250 beds) being the hub and four spokes at four locations in Hyderabad, namely Secunderabad, LB Nagar, Kondapur and Hydernagar.Â
Rainbow Hospital IPO GMP Daily Trend
| Date | Rainbow Hospital IPO GMP | Kostak | Subject to Sauda |
| 9 May 2022 | INR10 | INR400 | INR500 |
| 7 May 2022 | INR30 | INR400 | INR500 |
| 6 May 2022 | INR35 | INR400 | INR500 |
| 5 May 2022 | INR40 | INR400 | INR600 |
| 4 May 2022 | INR40 | INR300 | INR600 |
| 2 May 2022 | INR40 | INR300 | INR650 |
| 30 Apr 2022 | INR50 | INR350 | INR800 |
| 29 Apr 2022 | INR50 | INR350 | INR800 |
| 28 Apr 2022 | INR45 | INR300 | INR900 |
| 27 Apr 2022 | INR50 | INR300 | INR900 |
| 26 Apr 2022 | INR50 | INR300 | INR900 |
| 25 Apr 2022 | INR40 | INR300 | INR900 |
| 23 Apr 2022 | INR45 | – | – |
This page provides day-wise GMP movement which is helpful in deriving tentative listing price and profit/loss of the IPO. The historical premiums mentioned in the above table serve an important purpose and have a close linkage with subscription levels, especially in the QIB and HNI categories. It is typically observed that recovery in premiums is difficult after a sharp correction.
IPO Central also provides grey premium of all active, recent and forthcoming IPOs at a single place. Head to our IPO discussion page which provides a snapshot of IPO premiums.
It should be noted that IPO grey market is unregulated and is highly volatile and thus, it should not be used as the only criterion for an investment decision in an IPO. Investors need to look into other parameters including financial performance and valuations before deciding whether to invest in Rainbow Hospital IPO or not.
Rainbow Hospital IPO Details
| Subscription Dates | 27 – 29 April 2022 |
| Price Band | INR516 – 542 per share |
| Fresh issue | INR280 crore |
| Offer For Sale | 24,000,900 shares (INR1,238.45 – 1,300.85 crore) |
| Total IPO size | INR1,518.45 – 1,580.85 crore |
| Minimum bid (lot size) | 27 shares |
| Minimum investment amount | INR14,634 for one lot at upper band |
| Maximum bid (lot size) | 351 shares (13 lots) |
| Maximum investment amount | INR1,90,242 for 13 lots |
| Face Value | INR10 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Rainbow Childrens’ Hospital News
Rainbow Hospital IPO Timetable
This table provides important information about Rainbow Hospital IPO. The dates are updated once the company files Red Herring Prospectus (RHP).
| IPO Opening Date | 27 April2022 |
| IPO Closing Date | 29 April 2022 |
| Finalisation of Basis of Allotment | 5 May 2022 |
| Initiation of refunds | 6 May 2022 |
| Transfer of shares to demat accounts | 9 May 2022 |
| Listing Date | 10 May 2022 |
What is Rainbow Hospital IPO GMP today?
Rainbow Hospital IPO GMP today is INR30 per share.
What is Rainbow Hospital IPO kostak rate today?
Rainbow Hospital IPO kostak rate today is INR400 per application.
What is Rainbow Hospital Subject to Sauda rate today?
Rainbow Hospital Subject to Sauda rate today is INR500 per application.
What is the expected listing price and return of Rainbow Hospital IPO?
Rainbow Hospital IPO expected return is 5.54% based on the current GMP and expected listing price is INR572 per share.
Disclaimer: No content published anywhere on this website should be treated as investment advice or as an offer to buy or sell securities. All the content offered on the website is for educational and informational purposes only. Please contact your investment adviser before making an investment. Any reader taking decisions based on any information published here does so entirely at own risk.
