Rainbow Children’s Medicare IPO Opens 27 April 2022; GMP, Price Key Info

Rainbow Children’s Medicare IPO opens tomorrow 27th April 2022. Check key details of Grey Market Premium, Price and Review. Rainbow Children’s Medicare Initial Public Offering worth is has an issue size of Rs 1,580 crore. Out of the aggregate, the IPO has a new issue of Rs 280 crore. The IPO has a proposal available to be purchased of Rs 1,300.85 crore.

According to the market spectators, Rainbow Children’s Medicare IPO GMP on 26 April 2022 is Rs 50, which is Rs 15 higher from its Sunday’s GMP of Rs 35. Spectators said that ascent in GMP can be taken as a decent sign from the grey market as auxiliary market feeling has been pessimistic for last two meetings and today securities exchange has an opened in red area.

They expressed that there would be sharp potential gain development in Rainbow Children’s Medicare share cost in grey market once there is pattern inversion in optional market. In most recent couple of days, Rainbow Children’s Medicare IPO GMP had plunged from Rs 53 to Rs 35. Along these lines, the present ascent is supposed to give help to the people who are wanting to put resources into the public issue. Rainbow Children’s Medicare IPO GMP today is Rs 50, and that implies grey market is expecting Rainbow Children’s Medicare IPO to list around Rs 592 ( Rs 542 + Rs 50), which is around 9% higher from its upper value band of Rs 542 for each value share. Here provided details only for information purposes. To know more info visit the official site