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This Article is From Apr 26, 2022

Rainbow Children’s Medicare IPO - Focused Paediatric, Obstetrics Player: ICICI Direct

Rainbow Children’s Medicare IPO - Focused Paediatric, Obstetrics Player: ICICI Direct
Rainbow Children's Hospital in Benagaluru. (Source: Company website)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct's IPO Report

Rainbow Children's Hospital is a leading multi-specialty paediatric, obstetrics and gynaecology hospital chain in India, operating 14 hospitals and three clinics in six cities, with a total bed capacity of 1,500 beds.

Core specialties include paediatrics, neonatal intensive care, paediatric intensive care, paediatric multi-specialty and paediatric quaternary car.

Birthright by Rainbow is one of the largest obstetrics and gynaecology service provider, which includes normal and complex obstetric care, multidisciplinary foetal care, perinatal genetic and fertility care.

Bed capacity: 1500 (mature:1052, new:448), nine months-FY22 occupancy:46% (mature:50%, new:36%), average revenue per occupied bed: Rs 45,951, average length of stay: 2.85 days.

Click on the attachment to read the full IPO report:

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