Rainbow hospital share price

Leading multi-specialty paediatric and gynaecology hospital chain operator Rainbow Children's Medicare shares listed on May 10 at Rs 506, a 6.6% discount over the issue price. The stock opened at Rs 506, against issue price of Rs 542 on the BSE, while the listing price on the NSE was Rs 510. The muted listing was on expected lines given its IPO had a tepid response from non-institutional buyers and retail investors, though qualified institutional buyers support was quite strong. The public issue was subscribed 12.43 times during April 27-29. The maiden public issue fetched the company Rs 1,581 crore, of which Rs 280 crore will be utilised for debt redemption and setting up of new hospitals. The rest Rs 1,300.8 crore funds will go to selling shareholders. British International Investment Plc-backed company operates a multi-specialty paediatric and obstetrics and gynaecology hospital chain in India, with 14 hospitals and three clinics in six cities. It has a total bed capacity of 1,500 beds, with 641 full-time doctors and 1,947 part-time/visiting doctors as of December 2021. Going forward, the company may seek to expand the hospital network through acquisition of brownfield assets or development of greenfield assets. Most of analysts had advised subscribing Rainbow public issue with a long term perspective instead of listing gains, citing reasonable valuations compared to peers and resilient operating performance. "Though the company faces high competition, considering the i...

Rs (in Crores) Mar'23 Dec'22 Sep'22 Jun'22 Mar'22 INCOME Net Sales Turnover 302.73 290.72 297.79 222.75 201.15 Other Income 8.64 8.24 7.94 6.41 6.60 Total Income 311.37 298.96 305.73 229.16 207.75 EXPENSES Stock Adjustments .00 .00 .00 .00 .00 Raw Material Consumed .00 .00 41.16 29.68 32.03 Power and Fuel .00 .00 .00 .00 .00 Employee Expenses 38.24 36.62 32.46 28.72 29.89 Administration and Selling Expenses .00 .00 .00 .00 .00 Research and Development Expenses .00 .00 .00 .00 .00 Expenses Capitalised .00 .00 .00 .00 .00 Other Expenses 166.70 152.29 119.20 86.89 92.25 Provisions Made .00 .00 .00 .00 .00 TOTAL EXPENSES 204.94 188.91 192.81 145.29 154.17 Operating Profit 97.79 101.81 104.98 77.46 46.97 EBITDA 106.43 110.05 112.92 83.87 53.57 Depreciation 21.57 21.02 20.82 20.30 20.69 EBIT 84.86 89.02 92.10 63.57 32.88 Interest 13.31 12.86 12.49 13.43 15.49 EBT 71.55 76.17 79.60 50.14 17.40 Taxes 15.97 19.29 19.14 12.55 2.96 Profit and Loss for the Year 55.58 56.88 60.47 37.59 14.44 Extraordinary Items .00 .00 .00 .00 .00 Prior Year Adjustment .00 .00 .00 .00 .00 Other Adjustment .00 .00 .00 .00 .00 Reported PAT 55.58 56.88 55.84 37.59 14.44 KEY ITEMS Reserves Written Back .00 .00 .00 .00 .00 Equity Capital 101.50 101.50 101.50 101.50 105.00 Reserves and Surplus .00 .00 .00 .00 .00 Equity Dividend Rate .00 .00 .00 .00 .00 Agg. Non-Promoter Share(Lakhs) .00 .00 .00 .00 .00 Agg. Non-Promoter Holding(%) .00 .00 .00 .00 .00 Government Share .00 .00 .00 .00 .00 Capital Adequacy Rat...

Through its initial public offering (IPO), Rainbow Children's Medicare raised Rs 1,580.85 crore by offering its shares in the range of Rs 516-542 apiece. The issue was open for subscription between April 27-29. The issue got a mixed response as it was overall subscribed 12.4 times. The portion reserved for qualified institutional buyers was subscribed 38.9 times, whereas the HNI quota was subscribed 3.73 times. The retail portion was booked 1.38 times. Saurabh Joshi, Research Analyst, Marwadi Financial Services, said the listing was below expectations and this gives opportunity to those applicants who could not get the allotment in the IPO. "We recommend to hold the stock for long-term investment as the upper price band implies attractive valuation compared to its peers, namely Rainbow Children's Medicare offers a wide range of services such as newborn and pediatric intensive care, pediatric multi-speciality services, pediatric quaternary care, obstetrics and gynaecology. Yash Gupta- Equity Research Analyst, As of September 30, 2021, Rainbow Children's Medicare operated 14 hospitals and three clinics in six cities, with a total bed capacity of 1,500 beds. Backed by UK based CDC Group, RCML operates a multi-speciality pediatric, obstetrics and gynaecology hospital chain in India. The company kicked off its operations in 1999. Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp. • 862.50 04:02 PM | 14 Jun 2023 42.60 (5.20%) 1,779.35 04:02 ...

Date Open High Low Close Volume 15/06/2023 937.20 953.90 935.00 941.40 110952 14/06/2023 952.85 952.85 932.55 946.70 66416 13/06/2023 933.90 957.00 927.05 947.60 219591 12/06/2023 927.50 943.45 917.15 932.85 112250 09/06/2023 949.95 952.60 917.00 924.55 151842 08/06/2023 974.90 974.90 927.35 949.25 266289 07/06/2023 939.35 974.30 936.25 969.35 271337 06/06/2023 926.40 945.95 915.10 931.75 172322 05/06/2023 941.90 941.90 922.15 926.40 128807 02/06/2023 963.85 975.35 929.00 932.55 184230 01/06/2023 982.00 986.55 885.25 959.85 460460 31/05/2023 961.50 996.90 946.40 989.30 540428 30/05/2023 994.00 994.00 955.00 961.50 123592 29/05/2023 969.45 996.60 957.65 981.50 530253 26/05/2023 957.70 962.80 949.05 955.10 199054 25/05/2023 930.05 958.00 911.25 952.95 239667 24/05/2023 912.80 939.00 906.35 934.45 270348 23/05/2023 917.25 917.25 895.05 911.00 193158 22/05/2023 895.95 920.20 893.00 911.40 217397 19/05/2023 889.95 900.00 878.00 896.00 131230 18/05/2023 922.65 922.65 882.00 888.45 110915 17/05/2023 919.20 930.95 900.10 916.60 264344 Date Sources:Live BSE and NSE Quotes Service: TickerPlant | Corporate Data, F&O Data & Historical price volume data: Dion Global Solutions Ltd. BSE Quotes and Sensex are real-time and licensed from the Bombay Stock Exchange. NSE Quotes and Nifty are also real time and licenced from National Stock Exchange. All times stamps are reflecting IST (Indian Standard Time). By using this site, you agree to the Terms of Service and Privacy Policy.

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NAME P/E (x) P/B (x) ROE % ROCE % ROA % Rev CAGR [3Yr] OPM NPM Basic EPS Current Ratio Total Debt/ Equity (x) Total Debt/ CFO (x) 45.25 8.96 19.89 20.64 11.86 19.22 28.71 18.09 20.89 3.35 0.00 0.00 34.83 9.90 28.44 25.86 14.56 13.21 18.14 13.40 29.85 1.31 0.36 0.00 53.89 7.24 13.42 14.87 7.92 21.13 19.56 12.10 12.58 2.76 0.35 0.00 34.38 3.01 9.55 8.44 2.85 10.91 7.23 3.97 8.54 1.06 0.51 0.00 38.16 6.62 20.14 18.92 11.43 25.08 22.77 16.64 42.03 1.61 0.41 0.00 Add More Meeting Date Announced on Purpose Details May 14, 2023 May 05, 2023 Board Meeting Audited Results & Final Dividend Feb 09, 2023 Feb 01, 2023 Board Meeting Quarterly Results Nov 03, 2022 Oct 26, 2022 Board Meeting Quarterly Results Aug 08, 2022 Aug 01, 2022 Board Meeting Quarterly Results May 27, 2022 May 20, 2022 Board Meeting Audited Results & Final Dividend • About Rainbow Childrens Rainbow Childrens Medicare Ltd., incorporated in the year 1998, is a Small Cap company (having a market cap of Rs 9,555.37 Crore) operating in Hospitals & Allied Services sector. Rainbow Childrens Medicare Ltd. key Products/Revenue Segments include Hospital Services, Drugs & Pharmaceuticals, Services (Medical) and Other Operating Revenue for the year ending 31-Mar-2022. For the quarter ended 31-03-2023, the company has reported a Consolidated Total Income of Rs 325.86 Crore, up 3.52 % from last quarter Total Income of Rs 314.77 Crore and up 49.05 % from last year same quarter Total Income of Rs 218.63 Crore. Company has reported ...