{"id":127009,"date":"2022-02-03T07:32:48","date_gmt":"2022-02-03T12:32:48","guid":{"rendered":"https:\/\/44.250.171.167\/?p=127009"},"modified":"2022-10-05T06:14:35","modified_gmt":"2022-10-05T10:14:35","slug":"ipo-alert-rainbow-childrens-medicare-limited-files-for-initial-public-offering","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/ipo-alert-rainbow-childrens-medicare-limited-files-for-initial-public-offering\/","title":{"rendered":"IPO Alert: Rainbow Children\u2019s Medicare Limited files for initial public offering"},"content":{"rendered":"\n<p>The estimated size of the hospital market in India was \u20b94,270 billion in the fiscal year 2020, representing an annual growth of 13% since 2016.<\/p>\n\n\n\n<p>The country\u2019s maternity care market has seen a growth of 8% between the financial years 2016 and 2020. It is expected to grow by 7-8% through 2026, supported by an estimated11-12% growth in the private segment during that period.<\/p>\n\n\n\n<p>Rainbow Children&#8217;s Medicare Ltd recently filed preliminary papers with capital markets regulator SEBI to raise over \u20b92,000 crores through an initial public offering.<\/p>\n\n\n\n<p>The public issue comprises a fresh issue of equity shares aggregating up to \u20b9280 crores and an offer for sale of up to 2.4 crore shares by the selling shareholders, according to the draft red herring prospectus. The offer also includes a reservation for subscriptions by eligible employees.<\/p>\n\n\n\n<p>Rainbow Medicare plans to utilize \u20b940 crores from the net proceeds towards the early redemption of its NCDs in full. The company would use \u20b9170 crores for setting up new hospitals and purchasing medical equipment. The remaining amount would be used for general corporate purposes.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Multi-specialty Hospital<\/h2>\n\n\n\n<p>Rainbow Children&#8217;s Medicare is a multi-speciality pediatric and obstetrics &amp; gynaecology hospital chain in India, operating 14 hospitals and three clinics in six cities, with a total capacity of 1,500 beds, as of September 2021.<\/p>\n\n\n\n<p>The Hyderabad-based hospital chain, which was started in 1999, is backed by UK-based development finance institution CDC Group plc.<\/p>\n\n\n\n<p>Rainbow Medicare\u2019s core specialities are paediatrics, which includes newborn &amp; pediatric intensive care, pediatric multi-speciality services, pediatric quaternary care and obstetrics &amp; gynaecology, which includes normal and complex obstetric care, multi-disciplinary fetal care, perinatal genetic and fertility care.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The estimated size of the hospital market in India was \u20b94,270 billion in the fiscal year 2020, representing an annual growth of 13% since 2016. The country\u2019s maternity care market has seen a growth of 8% between the financial years 2016 and 2020. It is expected to grow by 7-8% through 2026, supported by an [&hellip;]<\/p>\n","protected":false},"author":1738,"featured_media":124093,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5747,5748,10444],"tags":[8157,8160,8248],"class_list":["post-127009","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-healthcare-stocks","category-ipo","category-others","tag-healthcare","tag-healthcare-services","tag-ipo"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":125048,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-wellness-forever-medicare-files-papers-for-a-public-listing\/","url_meta":{"origin":127009,"position":0},"title":"IPO Alert: Wellness Forever Medicare files papers for a public listing","author":"Nishadkishore","date":"October 20, 2021","format":false,"excerpt":"The Indian pharmaceutical industry is the world\u2019s third-largest by volume and 14th largest by value. The turnover of the country\u2019s pharmaceutical market was estimated at \u20b92.9 trillion in 2020, which is equally divided between the export and domestic markets. The domestic pharmaceutical market, which was valued at \u20b91.5 trillion last\u2026","rel":"","context":"In &quot;Health Care&quot;","block_context":{"text":"Health Care","link":"https:\/\/alphastreet.com\/india\/category\/healthcare-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":128275,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-ethos-files-papers-for-an-initial-public-offering\/","url_meta":{"origin":127009,"position":1},"title":"IPO Alert: Ethos files papers for an initial public offering","author":"Nishad","date":"March 15, 2022","format":false,"excerpt":"The watch market in India was valued at \u20b913,500 crores in fiscal 2020. It is expected to grow at a compound annual rate of 10.6% and reach \u20b922,300 crores by fiscal 2025. Currently, the share of the organized sector in the overall watch market is around 65%, and the unorganized\u2026","rel":"","context":"In &quot;Consumer&quot;","block_context":{"text":"Consumer","link":"https:\/\/alphastreet.com\/india\/category\/consumer-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":127843,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-aether-industries-files-for-initial-public-offering\/","url_meta":{"origin":127009,"position":2},"title":"IPO Alert: Aether Industries files for initial public offering","author":"Nishad","date":"February 23, 2022","format":false,"excerpt":"The global chemicals market was valued at around $5,027 billion in 2020, with India enjoying a market share of 4% that represents about $186 billion. The Indian chemicals industry contributes approximately 6.6% of the national gross domestic product. It accounts for 15-17% of the value of the manufacturing sector and\u2026","rel":"","context":"In &quot;Industrials&quot;","block_context":{"text":"Industrials","link":"https:\/\/alphastreet.com\/india\/category\/industrials\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":125961,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-api-holdings-files-drhp-with-sebi-for-public-issue\/","url_meta":{"origin":127009,"position":3},"title":"IPO Alert: API Holdings files DRHP with SEBI for public issue","author":"Nishad","date":"November 19, 2021","format":false,"excerpt":"Healthcare spending in India grew at a healthy compound annual rate of 13% from 2015 to 2019 and reached around \u20b99.6 trillion. At 9%, the market saw a slower growth in 2020 when total spending rose to just \u20b910.4 trillion, owing to the drop in non-critical healthcare spending. The growth\u2026","rel":"","context":"In &quot;Health Care&quot;","block_context":{"text":"Health Care","link":"https:\/\/alphastreet.com\/india\/category\/healthcare-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":128083,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-sanathan-textiles-files-for-%e2%82%b91300-crore-initial-public-offering\/","url_meta":{"origin":127009,"position":4},"title":"IPO Alert: Sanathan Textiles files for \u20b91,300-crore initial public offering","author":"Nishad","date":"March 2, 2022","format":false,"excerpt":"The textile sector in India plays an important role in the country\u2019s economic activity. Together, the textile, leather and apparel industries contributed around 13% to the gross value added in fiscal 2020. The global textile industry is estimated to have reached $978 billion in fiscal 2021 and is expected to\u2026","rel":"","context":"In &quot;Industrials&quot;","block_context":{"text":"Industrials","link":"https:\/\/alphastreet.com\/india\/category\/industrials\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":126129,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-jesons-industries-files-papers-for-an-initial-public-offering\/","url_meta":{"origin":127009,"position":5},"title":"IPO Alert: Jesons Industries files papers for an initial public offering","author":"Nishad","date":"December 13, 2021","format":false,"excerpt":"The global chemicals market is valued at around $5.02 trillion, with India accounting for around 4% of the market share. The sector is expected to grow at a compound annual rate of 6.2% and reach about $6.7 trillion by 2025. Meanwhile, the global adhesives market is valued at around $47\u2026","rel":"","context":"In &quot;Industrials&quot;","block_context":{"text":"Industrials","link":"https:\/\/alphastreet.com\/india\/category\/industrials\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/127009","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1738"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=127009"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/127009\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/124093"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=127009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=127009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=127009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}