Rainbow Children’s Hospital IPO GMP, Kostak Rates, Subject to Sauda

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Rainbow Hospital IPO DetailsRainbow Hospital IPO ReviewAllotment Status

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. 

Rainbow Hospital IPO GMP Daily Trend

DateRainbow Hospital IPO GMPKostakSubject to Sauda
9 May 2022 INR10INR400INR500
7 May 2022 INR30INR400INR500
6 May 2022 INR35INR400INR500
5 May 2022 INR40INR400INR600
4 May 2022 INR40INR300INR600
2 May 2022INR40INR300INR650
30 Apr 2022INR50INR350INR800
29 Apr 2022INR50INR350INR800
28 Apr 2022INR45INR300INR900
27 Apr 2022INR50INR300INR900
26 Apr 2022INR50INR300INR900
25 Apr 2022INR40INR300INR900
23 Apr 2022INR45

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 Dates27 – 29 April 2022
Price BandINR516 – 542 per share
Fresh issueINR280 crore
Offer For Sale24,000,900 shares (INR1,238.45 – 1,300.85 crore)
Total IPO sizeINR1,518.45 – 1,580.85 crore
Minimum bid (lot size)27 shares
Minimum investment amountINR14,634 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 Allocation35%
Listing OnNSE, 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 Date27 April2022
IPO Closing Date29 April 2022
Finalisation of Basis of Allotment5 May 2022
Initiation of refunds6 May 2022
Transfer of shares to demat accounts9 May 2022
Listing Date10 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.

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