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Rainbow Children's Medicare IPO Subscription Status

Rainbow Children's Medicare IPO was subscribed 12.43 times when bidding closed on 29 Apr 2022: QIB 38.9x, NII 3.73x, Retail 1.38x.

The Rainbow Children's Medicare IPO has been subscribed 12.43x times overall. Retail investors have shown interest with bids for 1.38x the shares available. The Non-Institutional Investor (NII) category has been subscribed 3.73x. Qualified Institutional Buyers (QIBs) have subscribed 38.9x. Data last updated on 10 Nov, 11:24 AM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 27 Apr, 2022 and closes on 29 Apr, 2022. The shares are expected to list on stock exchanges on 10 May, 2022.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 10 Nov 2026, 11:24 AM
Category Bid details Times
QIB - of - - 38.9x
NII - of - - 3.73x
bHNI — bid amount above ₹10 Lakh
- - 0
sHNI — bid amount ₹2–10 Lakh
- - 0
Retail - of - - 1.38x
Employee - of - - 0.31x
TOTAL - - 12.43x
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Rainbow Children's Medicare IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
2 out of 3
~72.5% chance per PAN — based on 1.38x subscription. Winners get exactly 1 lot (₹14,634) by SEBI lottery, however many lots you bid.
NII / HNI (above ₹2 L)
1 out of 4
~26.8% chance — lottery allots the minimum application per winner (SEBI NII rule since 2022).
QIB (institutions)
38.9x
Proportionate allotment — at 38.9x, institutions receive ~2.6% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 72.5% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 38.9x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
29 Apr 2022
Day 3
12.43x ▼
QIB38.9x BHNI- SHNI- Retail1.38x Employee0.31x
28 Apr 2022
Day 2
0.55x ▼
QIB0.1x BHNI- SHNI- Retail0.82x Employee0.14x
27 Apr 2022
Day 1
0.29x ▼
QIB0.1x BHNI- SHNI- Retail0.48x Employee0.08x

Rainbow Children's Medicare IPO dates

From the bidding window to listing. Today is 14 November.

Key dates Listed
  1. Open 27 Apr 2022
  2. Close 29 Apr 2022
  3. Allotment 05 May 2022
  4. Refund/credit 06 May 2022
  5. Listing 10 May 2022

Anchor investor allocation

Shares allotted to anchor investors the working day before the issue opened.

Anchor Investor Amt (₹ cr.) % Allocated
SBI HEALTHCARE OPPORTUNITIES FUND ₹40.41 Cr 8.61%
AMANSA HOLDINGS PRIVATE LIMITED ₹40.41 Cr 8.61%
NEUBERGER BERMAN EMERGING MARKETS EQUITY MASTER FUND L.P. ₹37.09 Cr 7.90%
GOVERNMENT OF SINGAPORE ₹35.40 Cr 7.54%
ASHOKA INDIA OPPORTUNITIES FUND ₹32.09 Cr 6.83%
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA PHARMA FUND RCT-RPF ₹24.24 Cr 5.16%
HDFC LIFE INSURANCE COMPANY LIMITED ₹20.00 Cr 4.26%
ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE SMALL CAP FUND ₹20.00 Cr 4.26%
DSP SMALL CAP FUND ₹20.00 Cr 4.26%
BARODA BNP PARIBAS MULTI CAP FUND ₹20.00 Cr 4.26%
GOLDMAN SACHS (SINGAPORE) PTE. - ODI ₹20.00 Cr 4.26%
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA EQUITY HYBRID FUND ₹16.17 Cr 3.44%
IIFL SPECIAL OPPORTUNITIES FUND - SERIES 9 ₹15.00 Cr 3.19%
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS ESG EQUITY FUND ₹10.10 Cr 2.15%
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS MUTLICAP FUND ₹10.10 Cr 2.15%
AXIS MUTUAL FUND TRUSTEE LTD A/C AXIS MUTUAL FUND A/C AXIS FLEXI CAP FUND ₹10.10 Cr 2.15%
MONETARY AUTHORITY OF SINGAPORE ₹10.00 Cr 2.13%
MATTHEWS EMERGING MARKETS SMALL COMPANIES FUND ₹10.00 Cr 2.13%
MOTILAL OSWAL MIDCAP 30 FUND ₹10.00 Cr 2.13%
UTI - HEALTHCARE FUND ₹10.00 Cr 2.13%
BAJAJ ALLIANZ LIFE INSURANCE COMPANY LTD. ₹10.00 Cr 2.13%
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS EQUITY HYBRID FUND ₹9.01 Cr 1.92%
INDIA ACORN ICAV ASHOKA INDIA ESG FUND ₹8.32 Cr 1.77%
HSBC MID CAP FUND ₹5.56 Cr 1.18%
IIFL SPECIAL OPPORTUNITIES FUND - SERIES 10 ₹5.00 Cr 1.07%
GHISALLO MASTER FUND LP ₹5.00 Cr 1.06%
MAX LIFE INSURANCE CO LTD A/C DIVERSIFIED EQUITY FUND (ULIF02201/01/20LIFEDIVEQF104) ₹4.13 Cr 0.88%
MAX LIFE INSURANCE COMPANY LIMITED A/C - ULIF01213/08/07PENSGRWSUP104 - PENSION GROWTH SUPER FUND ₹2.00 Cr 0.43%
MAX LIFE INSURANCE CO LTD PENSION MAXIMISER FUND (ULIF01715/02/13PENSMAXIMI104) ₹2.00 Cr 0.43%
HSBC SMALL CAP EQUITY FUND ₹2.00 Cr 0.43%
MAX LIFE INSURANCE COMPANY LIMITED A/C - ULIF00525/11/05PENSGROWTH104 - PENSION GROWTH FUND ₹1.52 Cr 0.32%
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS REGULAR SAVER FUND ₹1.10 Cr 0.23%
HSBC FLEXI CAP FUND ₹0.89 Cr 0.19%
HSBC EQUITY HYBRID FUND ₹0.78 Cr 0.17%
HSBC TAX SAVER EQUITY FUND ₹0.78 Cr 0.17%
MAX LIFE INSURANCE CO LTD PENSION PRESERVER FUND(ULIF01815/02/13PENSPRESER104) ₹0.35 Cr 0.07%
TOTAL ₹469.55 Cr 100.00%
View allotment letter PDF →

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Rainbow Children's Medicare IPO?

As of IPO close date (29 Apr, 2022), the Rainbow Children's Medicare IPO is subscribed 12.43x times. Retail category is 1.38x, and NII is 3.73x subscribed.

When is the allotment date for Rainbow Children's Medicare IPO?

The allotment for Rainbow Children's Medicare IPO is expected to be finalized on 05 May, 2022.

What is the GMP of Rainbow Children's Medicare?

The Grey Market Premium (GMP) for Rainbow Children's Medicare is currently ₹10, indicating a potential listing gain of 2%.

When will Rainbow Children's Medicare IPO list on the stock market?

Rainbow Children's Medicare is scheduled to list on BSE and NSE on 10 May, 2022.

What are the chances of getting allotment in Rainbow Children's Medicare IPO?

The retail category is oversubscribed at 1.38x, meaning allotment is by lottery. Statistically, approximately 1 in 2 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 38.9x mean for Rainbow Children's Medicare IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 38.9x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Rainbow Children's Medicare IPO allotment status?

After the allotment date (05 May, 2022), you can check your Rainbow Children's Medicare IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
12.43x
QIB
38.9x
NII
3.73x
Retail
1.38x
Full IPO details
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