Rainbow Children's Medicare Limited IPO Message Board (Page 26)

Till now applied 4 retail lots from 4 different PAN, If tomorrow it receives good responses then will apply with full force.

Rainbow won't disappoint..It will show it's fine colours on listing..until then some rain some sunshine..

Gmp 30

Action shifts to Rainbow... but without colours yet .. very feeble response till now.. all waiting for last day.. Pehle aap , pehle aap going on.

I request all our group leaders to make a recommendation for this IPO. What strategy should we adopt?

Campus is now over and overtly subscribed, allotment is now naseeb ka khel 😅.

For this IPO I believe in the company and its fundamentals, but the extremely low public participation is making me feel that may list at a discount.

I don't mind holding it for long term but am unsure how many lots to invest and in what catagory. By the looks of it even in retail there will be almost full and firm allotment..

Its not naseeb ka khel its called Registrar ka khel 🤣

I don't think unacceptance of third party ASBA is reason for low subscription. In that case, retail applications in Campus should also have been much lower.
So, experts please guide whether to apply or not for listing gain in this IPO.

Looks like less GMP and investors attention on other IPO could be the reason.

May be wait till tomorrow noon to take decision.

Aply kre ya nhi koi to btao
CHALAK LOMDI JI PLS

3 retail applications made.

Gautam Adani is going to be 4th richest in the world very soon crossing Bill Gates with the help of investors who are flooding the money into his group stocks. If this run continues, he will be the 2nd richest behind Elon Musk very soon. In the way, he is also making other shareholders also richer. Just enjoy the ride. But I think there should be nice catching up action between Adani Wilmar and Ruchi Soya.

I did not wait till 1080 and kept SL sell order @ 1060 and covering myself with SL buy order @ 1100.

RUCHI SOYA RS 1134 AT 14.23 PM ON 28/04/22

Dear experts, @lokes@hostpacker@norrul @chalak lomdi @ipobull @kd king @eva @mr ravi @avenue should we go for this ?

@ISHAN GODBOLE,
I would agree with all @lokes, @hostpacker, @KDKing.

For me its a 'must apply', (listing day may give some positive surprise than GMP, if market not weak).
If you are an investor, just hold for 6 months to one year. This may have the potential to give 30% gain if not more. (Chain of Hospitals and that too child care related)

Thanks

Yes true

People will tend spend money for Kids hospitalization and Rainbow is trusted hospital for children care.

Note: I am from Hyderabad and I used their services previously for Kids vaccination. But not using now since my kids crossed age where vaccination is not regular affair now

@chalak lomdi gMP?

Despite the low GMP (18, seller only), this one looks like a dark horse to me. Decent financials and comparatively good valuation has given me confidence to gain at least one lot in retail. Will apply accordingly.

App rate ????

What is current GMP in Rainbow ?

Rs 28

Dear All, Repeating here for everyone's benefit

SEBI released a circular on 20th April 2022 addressing investor grievances on delay in unblocking IPO applications post allotment. As per the circular, 1st May onwards syndicate members, lead managers along with banks are required to compensate IPO investors with Rupees 100/day or 15% per annum of the application amount whichever is lower for each day delayed from BOA+1. Unblocking must be done on next day of stock exchanges declaring basis of allotment. (BOA). This circular also orders that investor be sent allotment details by SMS to investors in ASBA and UPI mode. Further , lead managers and bankers have to submit several forms as per schedules and annexures in the circular for all mode of payments with entire data file. In addition , they are required to submit declarations that an applicant's money is not blocked in excess of his application. From schedules and annexure in the circular it is clear,

1. All annexures mandate applicants details like Name, application Number, Demat account and bank account.
2. An applicant's blocked amount from bank account should not be more than his own application.
3. In UPI, NPCI is implementing Invoice in the box , again with their own account.

In 3rd party application, name of the applicant and bank account holder does not match. Also amount blocked in one account will be higher than his own application as it is funding other 4 applications.

While this circular addresses the compensation for delayed unblocking , it required that an applicant details are matched for quicker unblocking and compensation.

Therefore all banks will discontinue 3rd party applications. This reform is for ASBA, UPI both. The provision of 5 applications was to link and add different Demat accounts of accountholder with same PAN number. This was kind of abused by linking non accountholders Demat and PAN.

Since this circular says it is effective from immediate effect most banks implemented it immediately. There is a good chance that others will follow soon. 3rd party applications now accepted by banks may get rejected by the registrar as otherwise they will not be able to provide those annexures with applicants details. Attached is the SEBI circular in the BSE link below.

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20220425-15

Note: The compensation clause is also mentioned in Campus Actiwear RHP .

Not expecting full subscription as third party application allowed 😳

Not allowed sorry for the typo error 😅😜

you can apply iN SBI ASBA IE PAN HOLDER THIRD PARTY IE FIRST HOLDER IN DEMAT ACCOUNT , CAN have his name as third or fourth holder in sbi saving account

Blocking SBI third Party ASBA services is a big blow for many retail investors. Being a most Tried and Tested and largely used ASBA services are from SBI, many like me are leveraging this benefit to handle family accounts to apply IPOs. Hence forth we can see a clear drop of multiple applications from a same person whoever using SBI.

Already impact seen on this hospital, slow moving... I applied though..

Gmp 18
# seller
Gmp not even 5%

Intuition hinting gmp will rise as listing day nears.

I also hope so

The GMP trend will gradually be on increasing trend from here on I guess..must be applied..even if it doesn't give any gains, it won't give any losses too..IMO.

Thanks experts @lokes @kdking @mr ravi @hostpacker