Rainbow Children Medicare IPO: After the end of 3 days of subscription to Rainbow Children’s Medicare Limited’s Initial Public Offering (IPO), bidders are eagerly awaiting the announcement of share allotment. The tentative date for the Rainbow Children Medicare IPO allotment is May 5, 2022. Therefore, those who have applied for public issue 1595 crores are advised to check their application status online by logging on to the official website of BSE or the website of the official Registrar of IPOs. The official registrar of the IPO is KFin Technologies Limited.
Rainbow Children Medicare IPO GMP
Meanwhile, the gray market premium is also indicating that the public issue will open in the positive zone. According to market experts, Rainbow Children Medicare IPO Gray Market Premium (GMP) today is 40, which is 14 more than yesterday’s gray market premium 26. Market observers said the recovery in the secondary market on Monday with regard to the Rainbow Children’s Medicare IPO could be a possible reason for the sharp increase in gray market sentiments. He said that if there is a trend reversal on the opening of the stock market on Wednesday, then the sentiment could go up further.
Check Rainbow Children Medicare IPO Allotment Status
As mentioned above, the bidders can check the status of their application online after the announcement of share allotment by logging into the BSE website or Kefintech website. However, for convenience, one can also log on to the direct BSE link – bseindia.com/investors/appli_check.aspx or the direct KFintech link – kprismop.kfintech.com/ipostatus and check the status of their application online.
Check Rainbow Children Medicare IPO Allotment Status BSE
1]Log on to the direct link of the BSE website – bseindia.com/investors/appli_check.aspx;
2]Choose Rainbow Children Medicare IPO;
3]Enter your Rainbow Children Medicare IPO Application Number;
4]Enter your PAN details;
5]Click on ‘I am not a robot’; And
6]Click on the ‘Submit’ button.
Your Rainbow Children Medicare IPO allocation status will be available on the computer monitor or smartphone screen.
Check Rainbow Children Medicare IPO Allotment Status KFintech
1]Log in directly to the KFintech link — kprism.kfintech.com/ipostatus/;
2]Choose Rainbow Children Medicare IPO;
3]Select either Application Number or DPID/Client ID or PAN (Let’s take Application Number);
4]Enter Rainbow Children Medicare IPO Application Number;
5]Fill the captcha; And
6]Click on the ‘Submit’ button.
Your Rainbow Children Medicare IPO allocation status will be available on the computer monitor or smartphone screen.
Rainbow Children Medicare IPO Details
After the announcement of share allotment, initial withdrawal is expected from May 6, 2022, while credit of shares in the demat account of the allottees is expected on May 9, 2022.
Rainbow Children Medicare IPO Listing expected on May 10, 2022.