Rainbow Children’s Medicare IPO (Initial Public Offering) is going to hit the primary markets next week. As per the information available on BSE website, the public issue will open for bidding on 27 April 2022 and will be open for subscription till 29 April 2022. The company sets the Rainbow Children’s Medicare IPO price band from 516 542 per equity share.
exposure Rainbow Children Medicare IPO Price Details The BSE website informed that the company is going to introduce 2,94,38,884 equity shares of the company in its offerings, “Retail individual investors will have the Unified Payment Interface as an additional payment mechanism with the application backed by Block amount. (UPI). (ASBA) to make payments. All other categories of investors shall compulsorily use only applications supported by Blocked Amount (ASBA) facility for making payments.” BSE said that the promoters of the company have fixed the price band of Rainbow Children Medicare IPO from 516 542 per share.
Rainbow Children Medicare IPO Details
BSE further informs that a single bidder will be able to apply for Rainbow Children Medicare IPO multiple times and a public issue will consist of 27 shares. The tentative date for allotment of Rainbow Children Medicare IPO is 5th May 2022 and Rainbow Children Medicare shares will be listed on BSE and NSE. The tentative date for the Rainbow Children’s Medicare IPO listing is May 10, 2022. The official registrar appointed for the IPO is Keffin Technologies Limited.