Rainbow Children’s Medicare’s Rs 1,580.80 crore initial public offering (IPO), which launches on April 27, has set a price range of Rs Rs 516-542 per share with a face value of Rs 10 per share. The subscription period for anchor investors will begin one day before the IPO’s scheduled launch date. The subscription period for the public issue will end on April 29. According to industry sources, Rainbow Children’s Medicare IPO is expected to go public on the stock markets on May 10, 2022.
Rainbow Children’s Medicare IPO
Rainbow Children Medicare’s initial public offering (IPO) will begin trading on April 27, 2022. The business intends to generate Rs. One thousand five hundred ninety-five crores via an initial public offering (IPO), including a new issuance of Rs. Two hundred eighty crores and offers of up to 24,000,900 equity shares from founders.
IPO Opening Date
Apr 27, 2022
IPO Closing Date
Apr 29, 2022
Issue Type
Book Built Issue IPO
Face Value
₹10 per equity share
IPO Price
₹516 to ₹542 per equity share
Market Lot
27 Shares
Min Order Quantity
27 Shares
Listing At
BSE, NSE
Issue Size
29,438,884 Eq Shares of ₹10
(aggregating up to ₹1,595.59 Cr)
Fresh Issue
[.] Eq Shares of ₹10
(aggregating up to ₹280.00 Cr)
Offer for Sale
24,000,900 Eq Shares of ₹10
(aggregating up to ₹[.] Cr)
QIB Shares Offered
50% of the net offer
Retail Shares Offered
35% of the net offer
NII (HNI) Shares Offered
15% of the net offer
“Rainbow Children’s Medicare Limited” is India’s largest multi-specialty pediatric hospital chain and the largest provider of obstetrics and gynecological services. The firm reported a total of 660 crores in sales in 2021, compared to 730 crores in revenue in 2020. The price range for the first public offering (IPO) is defined at 516 to 542 rupees per equity share. The Rainbow Children Medicare Initial Public Offering (IPO) will be listed on the NSE and BSE.
To be used for early redemption of non-convertible debentures (NCDs) issued by the company in full, capital expenditure for the establishment of new hospitals, and the purchase of medical equipment for such new hospitals, as well as general corporate purposes, the company proposes to use the net proceeds from the latest issue from the initial public offering (IPO).
Planning, designing, and running specialist children’s hospitals are required.
With extensive clinical competence in managing complex disorders, the leading pediatric multi-specialty healthcare network is known worldwide.
An integrated provider of comprehensive perinatal care, using synergies between pediatric and obstetrics and gynecology services, among other things.
In addition to generating synergies, the hub-and-spoke architecture guarantees that patients get better treatment and have easier access to care resources.
Growth, as well as operational and financial excellence, have a proven track record.
Strong institutional shareholder backing, as well as an experienced senior management team
Rainbow Children’s Medicare GMP Today
A bid for a minimum of 27 shares, and subsequent bids in multiples of 27 shares, may be placed by an institutional investor. Thus, individual investors may deposit a minimum of Rs 14,634 for a single lot and a maximum of Rs 1,90,242 for thirteen lots. It will be done on May 5, after which the corporation will begin processing reimbursements or unblocking cash from the ASBA account, which will happen on the 6th of this month. Amounts credited to allottees’ depository accounts will be credited to their accounts on May 9.
The firm will join the ranks of Max Healthcare Institute, Krishna Institute of Medical Sciences, Apollo Hospitals Enterprise, Narayana Hrudayalaya, and Fortis Healthcare if Rainbow Children’s Medicare shares are successfully listed on the New York Stock Exchange (NYSE).
The bulk of the company’s sales is derived from a small number of specialized products. Primary pediatric care, secondary pediatric care, tertiary pediatric care, quaternary pediatric care, and women’s health (gynecology, obstetrics, and allied services) are the four primary specialties of the institution.
About Rainbow Children’s Medicare Company
Rainbow Children’s Medicare Limited operates a multi-specialty pediatric and obstetrics and gynecology hospital network in India. Infant and pediatric intensive care, pediatric multi-specialty services, pediatric quaternary care, obstetrics and gynecology, routine and complex obstetric care, multidisciplinary fetal care, perinatal genetics, and fertility services are among the services provided the organization.
According to the most recent data available on September 30, 2021, Rainbow Children’s Medicare operated 14 hospitals and three clinics in six locations with 1,500 beds. Founded in Hyderabad in 1999, the organization opened its first pediatric specialty hospital for children.
Using a full-time doctor model, Rainbow Children’s Medicare Limited can provide access to most core experts around the clock, which is especially critical for children’s emergency, neonatal, and pediatric intensive care services. According to the company’s most recent financial report, it employed 602 full-time physicians and 1,686 part-time or visiting doctors as of September 30, 2021.
e-sampada portal (One Nation One System):Good Governance is one of the key factors behind the success and development of a nation and India is a country that is working effectively to achieve it by taking various progressive steps on a timely basis. Good Governance day in India is observed onDecember 25thevery year on the birth anniversary of former PM Atal Bihari Vajpayee.
Source: ias baba
Inline to achieve the goal of transparency and accountability while making sure the ease of living of citizens of the nation, GoI on 25th December 2020, launched a new web portal and a mobile application, e-Sampada. It is basically a single platform that has been launched by the Government to manage all GoI Estate Services in the country.
e-Sampada portal was launched on the occasion of Good Governance Day by the Minister of State(I/C) for Housing & Urban Affairs (MOHUA) Shri Hardeep S Puri in the presence of other senior officials in a virtual program held at the national capital. The portal is launched with an objective to provide a single-window platform for allotment of more than 1 lakh govt residential accommodations, allotment of office and market accommodation to govt organizations, booking of Holiday homes & Touring Officers hostels at various locations, booking of venues such as 5, Ashoka Road, Vigyan Bhawan, etc. for social functions etc.
e-Sampada Portal
All the aforesaid venues and estates are administered by different departments of Government India, therefore earlier five different portals and two apps were there for the allotment & booking of these venues and this made the allotment/booking process complicated and time-consuming for the applicants. To make the allotment process hassle-free, simplified, transparent, uniform, time saving, and effective at the same time, e-Sampada portal and mobile application was launched by the concerned Ministry.
As per the Secretary of the Ministry of Housing and Urban Affairs (MOHUA), earlier, applicants have to fill lengthy online application forms from various portals for any booking. He stated that this process was time-consuming and confusing as well. With the launch of a new portal and app, all these services can now be accessed on a single platform throughout the nation with more simplified processes and with enhanced transparency.
What is e-Sampada portal? e-Sampada portal is a single online platform for booking and allotment of government residential accommodations and estate services to the eligible officials across the country. e-Sampada is an amalgamation of four different portals and two Apps used previously for this purpose.
As the portal is new, citizens must be looking for more information about it, and to help in this we have come up with this informative article. In this article, we have shared all sorts of information about the newly launched e-Sampada portal in an easy-to-understand language. Therefore, readers can go through the article to collect important information about the portal and mobile app.
Directorate of Estates, Ministry of Housing and Urban Affairs (MOHUA), Govt. of India
Date of Launch
25th December 2020
Launched by
Shri Hardeep S Puri, Minister of State(I/C) for Housing & Urban Affairs
Purpose
Management of all GoI Estate Services through a single platform
Accessibility
PAN India
Users
Employee of Central/State Govt., PSUs, autonomous, statutory bodies, etc.
Mobile App Availability
Available (Both Android and iOS)
Official portal
https://esampada.mohua.gov.in
e-Sampada Portal- Statistics of Available Estates and Locations
Particulars
Statistics
GPRA
109474
Localities
340
Cities
70
Guest Houses
62
Office Spaces
1.25 Cr. Sq. Ft.
Salient Features of e-Sampada
Under its endeavor of providing a “One Nation One System”, the government has launched this portal so that all the estate services can be accessed through a single platform. This portal will help reduction of administrative cost, paper work, save time, resources, and encourage a cashless system for bookings and allotments.
Have a look at the important features of e-Sampada listed in this section below-
Services under e-Sampada will be for allotment/ booking and management of the following estates and properties of GoI- – 1,09,474 Government Residential Accommodation at 40 different locations – Allotment of Office Space of 1.25 Crore Square Feet (Sq.ft.) in 45 Office Complexes – located at 28 different locations. – 1,176 Holiday Home Rooms/suits located at 62 different locations of the country. – Booking of Vigyan Bhawan and 5 Ashoka Road – Booking of venues such as Kidwai Nagar (East) Lawns, New Delhi, Fagli Club, Shimla etc. – for social functions
All the four portals (gpra.nic.in, estates.gov.in, eawas.nic.in, holidayhomes.nic.in) and two mobile apps (m-Ashoka5 and m-Awas) of different departments and directorates has been consolidated into a single portal/app i.e. e-Sampada. This portal benefits all the estate services.
Portal provides a personal dashboard to each user where they can access their application status, real time status of license due fee, book venues, waiting lists etc.
Users from throughout the country can file complaints, upload required documents and even appear for virtual hearing using this single platform.
Along with the online portal, users can also avail mobile Application with same features and services.
Portal facilitates increased transparency and accountability by providing activity logs for officials and also by setting service level benchmarks.
Portal provides OTP based registration and login facility.
Portal facilities value for time as it reduces the steps included in application process. Now, users have to fill only few fields.
Now, there will be only one Allotment Cycle for all the locations & types under One Nation One System.
Who are the users of e-Sampada?
All the citizens of India who are eligible to avail the services of GoI Estates are potential users of e-Sampada portal. These users include employees in- – Central Government – State Government – Autonomous Bodies – Statutory Bodies, – State PSUs and Central PSUs etc.
Take a quick look at the services on the portal that can be availed by the users-
Users can submit application for allotment for any of the aforesaid estates facility through this portal.
After registration, each user is provided with a personalized dashboard.
Users can check Retention Services, Regularization
Can apply for No dues certificate
Virtual Experience- Applicants can take a virtual tour of the allotment/ booking they wish to apply for.
Portal provides services to view Service Usage Card and Real Time License Fee dues of the users on their dashboard.
Provides information and list of all the markets, spaces, localities under the directorate.
Provides details about the license fee of each space and location.
Complaints and Feedback, Facilitation Centers etc.
How to register on e-Sampada Portal?
Government employees who wish to book accommodation or wish to avail other services of the portal must register themselves on the portal first. Only after registration they can avail the services of the online portal.
They can register by following the simple steps given below-
Visit the official e-Sampada portal.
Click on “Login” tab given on the top right of the homepage.
Now, a pop-up box will open.
Click on “Register Here” link.
A new box with registration details will open.
Here, users have to fill their full names, Date of birth, employee category, city where employee is posted or living, email and mobile number.
E-mail and mobile number will be verified through the OTP.
Now, a new page will open. Select the date of joining and date of retirement.
Finally, registration process will be completed.
How to login and Update profile?
After successful registration on the portal, users have to login to the portal to avail the services. Registration and login process on the portal is quite easy as it can be done only with an OTP. They do not have to remember any particular login detail. Just by entering the OTP they will be into the portal to avail the services. They must remember that they use the registered mobile number and email Id.
You can follow the simple steps shared below in order to login and update your profile after successful registration-
Visit the official portal and click on login button. Login can also be done by scanning the QR Code.
Those who have just registered into the portal, they will be redirected to the portal automatically and a pop-up box will appear.
After login, click on “My Profile” link to complete the profile.
Fill all the details as asked in the space provided. Upload scanned image of passport-sized photograph in specified format.
Click on “Update Profile” tab and proceed further.
After updating profile, they can access services available on the portal through their personal dashboard.
Ministry has also introduced a mobile application (App) for e-Sampada services. The launch of mobile application makes the services of e-Sampada online portal more accessible to the users. With the help of mobile application users can check the application booking status, real time reports, and other services on their phones.
E-Sampada mobile application is available for both Android and iOS versions. However, the app is currently not available on Play store and App Store but will be made available soon on both platforms. Once the download link will be made available, it will be updated here.
NOTE: Users are advised not to get confused with Manav Sampada App. It is a different App for HRMS which users might find if they search for e-Sampada app on respective platforms.
e-Sampada Portal Languages
e-Sampada portal comes with a user-friendly interface so that can be accessed with ease by everyone. To make it more user-friendly and accessible, govt. has provided multiple language options so that users can view this portal in the language they are comfortable with. e-Sampada portal can be viewed in 12 different languages which include- Hindi, English, Marathi, Bengali, Gujarati, Kannada, Malayalam, Odia (Oriya), Punjabi, Sindhi, Tamil and Telugu.
English is the default language of the portal but if a user wants to change the language, he/she can change it by clicking on the language option. Check the process to change the portal language given as under-
Open the portal.
Click on any of the options available on the homepage.
Now, click on “Select Language” option given on the top right of the page.
Select the language and view the information in the selected language.
Process of Governmental Residential Accommodation
It is clear now that applicants can now book or submit applications for allotment of any of the estates services under the Government of India through e-Sampada portal. Check the process involved in allotment of Government Residential Accommodation given as under-
Application for Allotment of ‘Government Residential Accommodation
Acceptance of Allotment
Technical Occupation of Accommodation
Physical Occupation of Accommodation
Generation & Submission of Rent Bill
Retention of Accommodation
Regularization of Accommodation
Vacation of Accommodation
Application and Issuance of ‘No Demand Certificate’
It is an online portal for managing all the Estate services of Govt. of India. It means through this single platform, eligible citizens can apply for booking/allotment of GoI Estates for social functions/events and avail other related services.
Is e-Sampada portal only for Central Government employees?
No, e-Sampada portal services are extended to all the employees of Central govt, state govt, Statutory Bodies, Central PSUs, State PSUs and Autonomous Bodies.
Are all the locations and venues for which allotment and booking are done located in national capital Delhi only?
No, the locations of the allotments are spread across the country but we can say that most of the locations are located in Delhi region only.
How to login to the portal?
Logging into the portal is very easy. User do not require any login credentials. They can login just with an OTP or Scanning QR code.
How can I book a venue using e-Sampada portal?
You have to login to the portal by entering the correct OTP first. After that your dashboard will open and you can proceed further proceed to submit application for booking a venue by clicking on respective option.
What details are required for registration on portal?
For registration on portal, employee needs to have a valid mobile number and Email Id. Apart from this they also have to enter their work & service detail such as date of joining, retirement, location of posting etc. This mobile no & email Id should be valid and working as login into the portal is possible only when user enters the correct OTP sent to the registered number and id.
What is the criterion for allotment of accommodation to the applicant?
Accommodation is allocated on the basis of eligibility of the applicant and eligibility depends on the factors such as pay level, date of joining, promotion, the pool, applicant is eligible for etc.
Is the portal accessible for and from all the locations across India?
Yes, the services of Directorate and the portal has PAN India presence. If you are eligible, you can login and submit application from any part of India.
How can I apply for retention and No Demand Certificate (NDC)?
You can apply for retention and NDC through the e-sampada. You just have to login to the portal. You will see all the option available on your dashboard such as NDC, applications status etc. You just have to click on the links as per your need.
How can I check application status, waiting list, license fee dues etc.?
You can check it by logging into the portal or mobile App. After login you can find all these options shown on your dashboard. To begin you just have to click on the link you wish to check and have to enter the essential credentials as asked.
How to make payment for availing services on e sampada web portal?
E-sampada allows users to make online payment. Using this portal, users can submit the application fees online. They no longer have to wait for cash payment or for payment through any other mode.
What is the current status of the availability of E-sampada mobile app as I am unable to find it on Google Play Store or App Store?
e-Sampada mobile application is currently not available for download on any of the platform. As soon as it will be made available for download, direct links shall be updated in the article.
What if I do not understand Hindi or English. Is there any other language in which I can access e-sampada website or app?
Yes, you do not have to worry as you can view e-sampada portal in languages other than Hindi and English. The languages in which you can view this portal include- Hindi, English, Marathi, Bengali, Gujarati, Kannada, Malayalam, Odia (Oriya), Punjabi, Sindhi, Tamil and Telugu.
What about the e-Sampada allotment Cycle?
Earlier, allotment cycle criteria used to vary directorate/dept-wise but now it will be same for all. From 2021 onwards, there will be one system of allotment for all. From this year onwards, the allotment cycle will take place from 1st to 9th of every month for Delhi and all the regions outside the capital.
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