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Rainbow Children's Medicare Ltd
Rainbow Children's Medicare Ltd
Registered Office : 8-2-120/103/1 Survey No 403,Road No 2 Banjara Hills,Hyderabad Telangana 500034 Phone : 91-40-49695244
Fax :
Email : companysecretary@rainbowhospitals.in
Website : www.rainbowhospitals.in
Initial public offering of 29,168,579 equity shares* of face value of Rs. 10 each ("Equity Shares") of Rainbow Children's Medicare Limited (the "Company" or the "Issuer") for cash at a price of Rs. 542 per equity share (including a share premium of Rs. 532 per equity share) ("Offer Price") aggregating to Rs. 1580.85 crores* (the "Offer"), comprising a fresh issue of 5,167,679 equity shares* aggregating to Rs. 280.00 crores (the "Fresh Issue") and an offer for sale of 24,000,900 equity shares* aggregating to Rs. 1300.85 crores* by the selling shareholders referred to in annexure a (the "Offer for Sale"). The offer includes a reservation of 300,000 equity shares* aggregating to Rs. 15.66 crores* (constituting 0.30% of the post-offer paid-up equity share capital) for subscription by eligible employees (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer would constitute 28.74%* and 28.69%*, respectively, of the post-offer paid-up equity share capital. The offer price is 54.20 times the face value of the equity shares. The company, dr. Ramesh Kancharla (acting on behalf of the other promoter selling shareholders and the other selling shareholder) and the investor selling shareholders, in consultation with the brlms, offered a discount of Rs. 20 to eligible employees bidding in the employee reservation portion. *Subject to basis of allotment.
Opens On
Closes On
27-Apr-2022
29-Apr-2022
Application
Allotment
542.00
0.00
Minimum Application for shares in Nos : 27.0 Further Multiples of : 27.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
266.20
1,580.85
101.51
542.00
IIFL Securities Ltd
JP Morgan India Pvt Ltd
Kotak Mahindra Capital Company Ltd
- Early redemptin of NCDs issued by the company in full
- Capital expenditure towards setting up of new Hospitals & purchase of medical equipment for such new Hospitals
- General corporate purposes
- Ramesh Kancharla
- Dinesh Kumar Chirla
- Adarsh Kancharla
- BSE
- NSE
- KFin Techologies Ltd