Rainbow Children's Medicare Limited IPO Message Board (Page 25)

Adani Wilmar@790....buy today will see upper circuit@838 just in few minutes...

AWL over value Ruchi soya is better then this
AWL pe150+
Ruchi soya pe40+

Holding 2 alots from IPO ;)

Applied 4 Retail Application

Good Choice

Mutual fund still zero (0)….

Who cares about mutual fund. Singapore government has applied.

Looks like HNI will be in dilemma to apply in BHNI or SHNI. In BHNI allocation is sure however it could be even more than half of the bid quantity. In SHI , it will be mostly lottery.

Already have good exposure in KIMS, which has better performance metrics than Rainbow or any other listed peers. I will enter in Rainbow only after it corrects to a reasonable valuations

Agree..valuation is high

Don't miss the boat

Applied from 3 retail accounts. Will hold it for long term.

After listing typical Operators story only thing motivating short term players while long term players believe in hospital story seems

Skipping this definitely.

LIC would be more risky. 😂

My estimate of subscription. Retail 3× . HNI about 8× . sHNI may be 10× . bHNI 5× . Firm allotment likely in bHNI. QIB 10×

Gmp 35/40

After QIB craziness in campus, rainbow should show some multi (digit) colours tomorrow? Seems new HNI rules has some hidden impact on QIB. Looks like hungry ultra HNIs ( funded and self funded) moved to QIB category via route of QIB services...Just a wild thought/possibility..

Block of third party ASBA in most banks and due to many issues going on at the same time, RII subscription might be less than 3 as per my expectation.

@Learner SK
now which bank is providing 3rd party ASBA services

Brand value & Reputation : (+) Excellent
Expansion possibilities : (+) On card (North East zone - as per management)
Management capability : (+) Proven positive track record (Execution skills)
Margins : (+) High, Less inventory costs, enjoying more margins (Multi critical disease handling) + Central hub model
Speciality of segment : (+) Children health care, only have listed peers two or three as per management (1 in US & 1 in China)
Dividend policy : (+) Every year dividends paying (As per Management commentary)
IPO asking price : (-) Negative: Asking price is high
Overall sector performance : (~) Neutral, except few specific

Overall opinion : Good for Long term appreciation (Listing gains / Short term: Cannot surely say)

Disclosure : Applied 4 retail accounts

Retail ipo - Thanks. On pricing, as per Davda Sir's review, asking PE is 43. How are Indian peers / sectoral leaders placed?

As per the offer document, RCML has shown Apollo Hospitals, Fortis Healthcare, Narayana Hrudayalaya, Max Healthcare and Krishna Institute as its listed peers. They are currently quoting at a P/E of 108.88, 00, 172.53, 146.19 and 40.96 (As of April 22, 2022). However, they are not truly comparable on an apple-to-apple basis.
source Dilip Davda review

I have funds to apply either for
Option 1: 1 big HNI and 1 retail
Option 2: 2 small HNI

Think it’s a good issue and will give decent return. Any advice among options 1 or 2 which may have higher chances of allotment?

@AJS,
Option 1 has higher chances of allotment (provided if you are an investor not looking for just listing gain.)

Thanks

Thanks dear MRavichandran

What will happen if :-
there is oversubscription in small hni and Undersubscription in big hni.

Looks possible here.

let assume that, taking hypothetical example
S-HNI catgory subscribed 5X of his 1/3 portion
B-HNI category only subscribed 80% of 2/3 portion

then all investors from B-HNI category will get full allotment and balance 20% will go to S-HNI category,

now after this additional shares to S-HNI category still if number of applied applications are more than available applications (1/3 + 20% of b-hni) then in this category allotment will be on lottery.

hope i am able to explain.

in respective sub-category of HNI allotment will happen first on proportionate basis and if shares left then only it will transfer to other sub-category.

Surprise to see Employees subscription even though they have been given discount of Rs. 20 per share.

The attrition of doctors is also high.

MRavi - Sir, option 2 is reality.

@EVA What is your suggestion should we apply or not .Also are you going to apply?

Dear,

I have already applied from 3 retail application single lots, if QIB crossed at least 25X then will decide to apply more one s-hni application with minimum lots only.

All is good about this company but the asking price is already on the higher side, also after the HNI rule changed, the campus listing will be the first listing so we need to access the impact of this rule on listing for types of IPOs like this Rainbow Children's Medicare IPO, the market is volatile one day up one day down.

I would suggest you can consider applying here with limited qty as per your risk-taking ability, we already knew KIMS listing so this IPO may also give a surprise short-term gain(but the supporting part in KIMS IPO was retail portion was only 10% here it is 35%, so I am cautious and avoiding full force)

Thanks,

@ EVA
Exactly
Not to be caught at the wrong foot.
Thank you

@ EVA 68.1

Very very precise advise in short note...thanks legend for your valuable suggetion...on this counter....will require your valuable inputs in forthcoming sme Sonu infratech ipo....have good day...
Blessing from forum members...

Because of campus issue as well as lesson learn from paytm Ags and cartrade now retailers become very choosy so Rainbow will subscribe but not in higher side in retail category might be 2 to 3×

Irrespective of gmp, will apply in 8 single lot application and 1 small hni application. Look good company to bet on.

@Amit Chheda,
I feel the same, will apply 2 big HNI (may be more than 69 lots each this time).

Thanks

Rainbow funds can be used in lic IPO if not alloted. Any one please reply

Yes