Rainbow IPO Allotment Status Online, Check Latest GMP
Rainbow IPO Allotment Status: Rainbow Children’s Medicare Ltd., a Hyderabad-based chain of pediatric hospitals
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Rainbow IPO Allotment Status: Rainbow Children’s Medicare Ltd., a Hyderabad-based chain of pediatric hospitals
The three-day IPO received bids for 212.87 crore shares against 12.25 crore shares offered by the company. The equity shares of the company will be listed on NSE and BSE.
From December 21 i.e. today, the company's IPO refund or unblocking of funds from the ASBA account will begin and equity shares will be paid to allotters’' accounts on December 22.
The portion reserved for retail investors was subscribed 1.13 times, while the QIB portion was booked 8.49 times. On the other hand, NII was subscribed 3.02 times.
The investors get a validity period while paying for the shares. The IPO amount is usually refunded one day after the IPO allotment or before the end of the validity period.