
Rainbow Childrens Medicare Limited IPO
Live Market Quote
Day 1 Exchange Open
Band: ₹516 - ₹542
Overall Bid Demand
Gross Public Offer
IPO Schedule & Key Dates
IPO Subscription Status
Breakdown of institutional, high-net-worth, and retail bidding demand
Listing Day & Return Performance
About Rainbow Childrens Medicare Limited IPO
Rainbow Childrens Medicare Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 27 Apr 2022 and concluded on 29 Apr 2022, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹516 - ₹542.
During the bidding window, Rainbow Childrens Medicare Limited witnessed heavy demand with an overall subscription of 12.43 times. Institutional investors (QIB) subscribed 38.9x, non-institutional high-net-worth investors (NII) subscribed 3.73x, and retail individual investors (RII) bid 1.38x their reserved quota, alongside employee participation of 0.31x.
The equity shares of Rainbow Childrens Medicare Limited officially debuted on the stock exchanges on 10 May 2022 at an opening listing price of ₹510, delivering a listing day return of -5.90% (discount) over the final issue price. As per the latest market data, the stock trades at ₹1,169.60, representing an overall gain of +115.79% since its IPO allotment.