Rainbow Children’s Medicare IPO: If you are planning to invest in Initial Public Offering (IPO), then a new opportunity is coming for you this week. Actually, on Wednesday, April 27, the IPO of Rainbow Children’s Medicare is going to open for investment. As per the information given on BSE website, Rainbow Children Medicare IPO Subscription will open on 27th April 2022 and investors will be able to bid in this issue till 29th April 2022. The company will raise Rs 1,595.59 crore from this issue.
What is GMP?
Let us tell you that even before the subscription opening, the gray market has started giving primary sentiment regarding the public issue. According to market experts, shares of Rainbow Children’s Medicare started trading in the gray market. Currently, the Rainbow Children Medicare share price is being quoted at a premium of ₹52 in the gray market.
Also read- This stock of ₹ 29 became a rocket, in just 5 days gave a sloppy return of 107% to the investors
10 things to know about Rainbow Children’s Medicare IPO
1. Subscription Date: Rainbow Children’s Medicare IPO will open for subscription on April 27, 2022 and will be open for bidding till April 29, 2022.
2. IPO Price Band: Its price band has been fixed at ₹516 to ₹542 per equity share.
3. IPO Size: The company’s IPO is worth ₹ 1,595.59 crore.
4. Allotment Date: The tentative allotment date for Rainbow Children Medicare IPO is May 5, 2022.
5. Lot Size: A bidder for this issue will be able to apply for one lot of this IPO. Let us tell you that 27 shares will be included in this one lot.
6. Limit of Application: A bidder can apply for a minimum of one lot and maximum of 13 lots.
7. IPO Listing: This public issue will be listed on NSE and BSE.
8. Listing Date: The tentative date for the Rainbow Children’s Medicare IPO listing is May 10, 2022.
9. IPO Registrar: The official registrar appointed for IPO is KFin Technologies Limited.
10. Gray Market Price (GMP): As per market experts, Rainbow Children Medicare IPO GMP today is ₹52.
Also read- Petrol Price Today: Petrol-Diesel released new rates, cheapest petrol ₹ 91.45 and diesel ₹ 85.83 liters