Hot Pursuit     20-Oct-22
Rainbow Children's Medicare climbs after Kacholia buys stake
Rainbow Children's Medicare rose 2.15% to Rs 688.75 after ace investor Ashish Kacholia purchased stake in the company during July-September 2022 quarter.
According to the shareholding pattern filed by the company for the September quarter, Ashish Kacholia held 10,44,211 equity shares, or 1.03% stake, in the company.

The names of shareholders holding 1% or more of the shares of the listed entity are required to be disclosed.

In shareholding pattern of the company for June 2022 quarter, Kacholia's name was not present in individual shareholders' list.

Shares of Rainbow Childrens Medicare were listed on the stock exchanges on 10 May 2022. The stock was listed at Rs 506, representing a discount of 6.64% to the initial public offer (IPO) price of Rs 542.

The IPO of Rainbow Childrens Medicare was subscribed 12.43 times. The issue opened for bidding on 27 April 2022 and it closed on 29 April 2022. The price band of the IPO was fixed at Rs 516-542 per share.

Rainbow Children's Medicare is a leading multi-specialty pediatric, obstetrics and gynecology (OB/GYN) hospital chain in India, operating 15 hospitals and 3 clinics in 6 cities, with a total bed capacity of 1,550+ beds. Its pediatric services include newborn and pediatric intensive care, pediatric multi-specialty services and pediatric quaternary care (including multi-organ transplants). Its OB/GYN services include normal and complex obstetric care, multi-disciplinary fetal care, perinatal genetic and fertility care.

On a consolidated basis, net profit of Rainbow Children's Medicare rose 6.29% to Rs 38.19 crore on 3.74% decline in net sales to Rs 237.15 crore in Q1 June 2022 over Q1 June 2021.

Previous News
  Rainbow Childrens Medicare to table results
 ( Corporate News - 31-Jul-23   17:42 )
  Rainbow Children’s Medicare
 ( IPO Centre - New Issue Monitor 27-Apr-22   10:49 )
  Rainbow Medicare Q1 PAT slides 4% YoY; ARPOB at Rs 56,212
 ( Hot Pursuit - 14-Aug-24   15:28 )
  Rainbow Childrens Medicare to hold board meeting
 ( Corporate News - 08-Aug-24   10:57 )
  Rainbow Children's Medicare climbs after Kacholia buys stake
 ( Hot Pursuit - 20-Oct-22   12:39 )
  Rainbow Childrens Medicare to conduct AGM
 ( Corporate News - 15-May-23   12:04 )
  Rainbow Childrens Medicare fixes record date for interim dividend
 ( Market Beat - Reports 08-Aug-22   16:11 )
  Rainbow Children's Medicare consolidated net profit rises 7.36% in the June 2023 quarter
 ( Results - Announcements 07-Aug-23   18:13 )
  Sonata Software Ltd leads losers in 'A' group
 ( Hot Pursuit - 08-May-24   15:00 )
  Rainbow Children's Medicare rises after stellar Q4 performance
 ( Hot Pursuit - 15-May-23   10:49 )
  Rainbow Children's Medicare consolidated net profit rises 6.29% in the June 2022 quarter
 ( Results - Announcements 08-Aug-22   16:22 )
Other Stories
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
  GRSE bags Rs 226-cr LoA from West Bengal Govt
  04-Oct-24   14:40
  Volumes soar at Avenue Supermarts Ltd counter
  04-Oct-24   14:30
  Real Estate stocks edge lower
  04-Oct-24   14:00
  Auto stocks edge lower
  04-Oct-24   14:00
  Utilties stocks edge lower
  04-Oct-24   14:00
  HDFC Bank Ltd down for fifth straight session
  04-Oct-24   13:35
  Power Grid Corporation of India Ltd down for fifth straight session
  04-Oct-24   13:35
Back Top