Rainbow Childrens Medicare IPO GMP – Check Latest IPO Grey Market Premium
Last Updated Date: Jul 12, 2022Rainbow Childrens Medicare is about to release its IPO on Apr 27, 2022. The issue is closing on Apr 29, 2022 and is currently having an active grey market. The Rainbow Childrens Medicare IPO GMP is running at a stable rate as per the current situation.
In IPO, the GMP or the Grey Market Premium is the premium amount at which the IPO shares are traded before getting listed in the stock market.
However, the QIB and the HNI numbers are the key indicators of GMP in the case of Rainbow Childrens Medicare IPO. The company is intended to raise Rs 1580.85 Crore by the released issue.
Rainbow Childrens Medicare IPO GMP Rates, Kotak rates & SS
This particular table represents everything related to the IPO event from its opening and closing date along with the face value of the issue. You can check this table related to know the IPO size, price band along with listing details, and more.
| Date | GMP (in INR) | Kostak (in INR) | Subject to Sauda (in INR) |
| 10th May 2022 | Rs.15 | Rs.300 | Rs.600 |
| 9th May 2022 | Rs.15 | Rs.300 | Rs.600 |
| 7th May 2022 | Rs.20 | Rs.300 | Rs.600 |
| 6th May 2022 | Rs.30 | Rs.300 | Rs.600 |
| 5th May 2022 | Rs.40 | Rs.300 | Rs.600 |
| 4th May 2022 | Rs.40 | Rs.300 | Rs.600 |
| 3rd May 2022 | Rs.40 | Rs.300 | Rs.600 |
| 2nd May 2022 | Rs.40 | Rs.300 | Rs.600 |
| 30th April 2022 | Rs.30 | Rs.300 | Rs.600 |
| 29th April 2022 | Rs.30 | Rs.300 | Rs.600 |
| 28th April 2022 | Rs.30 | Rs.300 | Rs.600 |
| 27th April 2022 | Rs.20 | Rs.300 | Rs.600 |
| 26th April 2022 | Rs.50 | Rs.300 | Rs.600 |
| 25th April 2022 | Rs.50 | Rs.300 | Rs.600 |
| 23rd April 2022 | Rs.50 | NA | NA |
| 22nd April 2022 | Rs.50 | NA | NA |
| 21st April 2022 | Rs.50 | NA | NA |
| 20th April 2022 | NA | NA | NA |
Check out Related IPO Links:
| Review Rainbow Childrens Medicare IPO |
| Rainbow Childrens Medicare IPO Allotment |
| LIVE Subscription – Rainbow Childrens Medicare IPO |
Open Free Demat Account Now!
Rainbow Childrens Medicare IPO Date / Timetable
Here, you will find the important dates and events of this IPO. Check the allotment status, visit us again once the subscription date is over.
| IPO Open Date | Apr 27, 2022 |
| IPO Close Date | Apr 29, 2022 |
| Basis of Allotment Date | May 5, 2022 |
| Initiation of Refunds | May 6, 2022 |
| Credit of Shares to Demat Account | May 9, 2022 |
| IPO Listing Date | May 10, 2022 |
Rainbow Childrens Medicare IPO – Financial Performance
The below-given table will give you an overall idea of the company’s financial performance. Check their net profit and loss statement about Rainbow Childrens Medicare IPO.
| Amount (in INR & Million) | |||||
| 31-Dec-21 | 31-Dec-20 | 31-Mar-21 | 31-Mar-20 | Mar-19 | |
| Total Assets | 12,397.56 | 10,762.22 | 10,812.67 | 10,192.37 | 9,263.96 |
| *Total Revenue | 7,740.62 | 4,942.93 | 6,603.10 | 7,297.37 | 5,511.44 |
| Total Expense | 6,024.75 | 4,400.92 | 6,046.14 | 6,363.81 | 4,936.18 |
| Profit After Tax | 1,264.13 | 385.25 | 395.68 | 553.40 | 445.90 |
Earnings per Equity Share (in Million)
| 31-Dec-21 | 31-Dec-20 | 31-Mar-21 | 31-Mar-20 | Mar-19 | |
| Basic | 13.39 | 4.22 | 4.36 | 5.98 | 4.83 |
| Diluted | 13.12 | 4.12 | 4.25 | 5.92 | 4.74 |
FAQs Related to Rainbow Childrens Medicare IPO GMP
What is the current Rainbow Childrens Medicare IPO GMP Price?
As on today, the Rainbow Childrens Medicare IPO GMP is Rs.15.
What is the current Rainbow Childrens Medicare IPO Kostak Rate?
The Kostak rate is Rs 300 for Rainbow Childrens Medicare IPO.
What is today’s Rainbow Childrens Medicare IPO Subject to Sauda Rate?
As on today, the Rainbow Childrens Medicare IPO Subject to Sauda is Rs 600.
Where to Check Rainbow Childrens Medicare IPO Allotment & Listing?
However, if you don’t want to miss out on the issue’s allotment status and the listing, you can refer to this LINK given here: IPO Allotment Status
What is Kostak Price?
To apply for an IPO, there is an application price or application charges that come along and is known as Kostak price. It is actually the premium amount at which IPO applications are being traded in the grey market.
Is GREY market buy or sell shares illegal?
Grey Market is basically trading that takes place before the stock of a company gets enlisted on the stock exchange. It takes place before the IPO release and the prices may change at any time. Hence, it is unofficial trading and hence, not “illegal”.
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Disclaimer:
The Rainbow Childrens Medicare IPO GMP which is mentioned in the table here is only valid for a specific date as mentioned in the header section. The Kostak is the premium that one gets by selling her/his IPO application to someone else before listing the issue. He or she can sell it in an off-market transaction. However, we aren’t buying/selling IPO forms on the IPO Grey market.
It is also requested that please do not subscribe for an IPO by just seeing the premium price. The reason being, the premium price varies and can change anytime before listing. Please subscribe only after considering the fundamentals of the companies.