Rainbow Children's Medicare IPO GMP History
Rainbow Children's Medicare IPO has been listed on May 10, 2022 at a listing price of ₹510, against the issue price of ₹542 — a loss of ₹32 (-5.9%). The GMP peaked at ₹50 on 30 April 2022 and reached a low of ₹10 on 9 May 2022. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Rainbow Children's Medicare IPO raised ₹1580.85 Cr. through its IPO at a price band of ₹516 to ₹542 per share, with a lot size of 27 shares. The IPO was open for subscription from 27 Apr 2022 to 29 Apr 2022.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 11:24 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 09 May 2022 | ₹ 10 | ▼ | 2% | — | — |
| 07 May 2022 | ₹ 30 | ▼ | 6% | — | — |
| 06 May 2022 | ₹ 35 | ▼ | 6% | — | — |
| 05 May 2022 | ₹ 40 | — | 7% | — | — |
| 04 May 2022 | ₹ 40 | — | 7% | — | — |
| 02 May 2022 | ₹ 40 | ▼ | 7% | — | — |
| 30 Apr 2022 | ₹ 50 | — | 9% | — | — |
| 29 Apr 2022 | ₹ 50 | ▲ | 9% | — | — |
| 28 Apr 2022 | ₹ 45 | ▼ | 8% | — | — |
| 27 Apr 2022 | ₹ 50 | — | 9% | — | — |
| 26 Apr 2022 | ₹ 50 | ▲ | 9% | — | — |
| 25 Apr 2022 | ₹ 40 | ▼ | 7% | — | — |
| 23 Apr 2022 | ₹ 45 | — | 8% | — | — |
Rainbow Children's Medicare IPO dates
Key dates from opening to listing. Today is 14 November.
- Open 27 Apr 2022
- Close 29 Apr 2022
- Allotment 05 May 2022
- Refund/credit 06 May 2022
- Listing 10 May 2022
Rainbow Children's Medicare IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹542 |
|---|---|
| GMP-based estimate (pre-listing) | ₹552 (+1.8%) |
| Listing gain / loss | −₹32 per share |
| Listing date | 10 May, 2022 |
| Actual listing price | ₹510 (-5.9%) |
Is Rainbow Children's Medicare IPO GMP reliable?
Grey market premium for Rainbow Children's Medicare IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Rainbow Children's Medicare IPO full review for a fundamentals-based assessment before making any grey market trades.
Rainbow Children's Medicare IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Rainbow Children's Medicare IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Rainbow Children's Medicare IPO
Rainbow Children's Medicare Limited was incorporated as a private company on 7 August 1998. It opened its first paediatric specialty hospital in Hyderabad in 1999.
Its core specialties are paediatrics, including newborn and paediatric intensive care, paediatric multi-specialty services and quaternary care such as multi-organ transplants, and obstetrics and gynaecology, including complex obstetric care, foetal care, perinatal genetics and fertility care.
On 31 December 2021 it ran 14 hospitals and three clinics in six cities with 1,500 beds. As per CRISIL, it had the most beds among comparable maternity and paediatric players on 31 March 2021. It works on a full-time doctor model so core specialists are on hand round the clock.
The IPO was Rs 1,580.85 crore, with Rs 280.07 crore of fresh issue and Rs 1,300.78 crore of offer for sale. Rs 170.00 crore was planned for new hospitals and equipment and Rs 40.00 crore for redeeming NCDs.
Frequently asked
What is the GMP of Rainbow Children's Medicare IPO?
The current Grey Market Premium (GMP) of Rainbow Children's Medicare IPO is ₹ 10.
What is the Kostak Price of Rainbow Children's Medicare IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Rainbow Children's Medicare IPO is not available.
What is the Subject to Sauda Price of Rainbow Children's Medicare IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Rainbow Children's Medicare IPO?
Rainbow Children's Medicare IPO listed on May 10, 2022 at ₹510, against the issue price of ₹542 — a loss of -5.9%.
How did the GMP of Rainbow Children's Medicare IPO trend before listing?
The GMP of Rainbow Children's Medicare IPO was falling in its final days before listing. The GMP peaked at ₹50 on 30 April 2022. View the day-wise table above for the complete GMP history.
Explore Rainbow Children's Medicare IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
