Comparison between Rainbow Children's Medicare IPO and Veranda Learning Solutions IPO.
Rainbow Children's Medicare IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Veranda Learning Solutions IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Rainbow Children's Medicare IPO is up to ₹1,580.85 Cr whereas the issue size of the Veranda Learning Solutions IPO is up to ₹200.00 Cr. The final issue price of Rainbow Children's Medicare IPO is ₹542.00 per share and of Veranda Learning Solutions IPO is ₹137.00 per share.
| Rainbow Children's Medicare IPO | Veranda Learning Solutions IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹516.00 per share | ₹130.00 per share |
| Issue Price (Upper) | ₹542.00 per share | ₹137.00 per share |
| Issue Price (Final) | ₹542.00 per share | ₹137.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹20.00 per share | |
| Market Lot Size | 27 shares | 100 shares |
| Fresh Issue Size | 51,67,679 shares | 1,45,98,540 shares |
| Fresh Issue Size (Amount) | up to ₹280.07 Cr | up to ₹200.00 Cr |
| OFS Issue Size | 2,40,00,900 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹1,300.78 Cr | up to ₹0.00 Cr |
| Issue Size Total | 2,91,68,579 shares | 1,45,98,540 shares |
| Issue Size Total (Amount) | up to ₹1,580.85 Cr | up to ₹200.00 Cr |
Rainbow Children's Medicare IPO opens on Apr 27, 2022, while Veranda Learning Solutions IPO opens on Mar 29, 2022. The closing date of Rainbow Children's Medicare IPO and Veranda Learning Solutions IPO is Apr 29, 2022, and Mar 31, 2022, respectively.
| Rainbow Children's Medicare IPO | Veranda Learning Solutions IPO | |
|---|---|---|
| Anchor Bid Date | Apr 26, 2022 | Mar 28, 2022 |
| Issue Open | Apr 27, 2022 | Mar 29, 2022 |
| Issue Close | Apr 29, 2022 | Mar 31, 2022 |
| Basis Of Allotment (Tentative) | May 05, 2022 | Apr 05, 2022 |
| Initiation of Refunds (Tentative) | May 06, 2022 | Apr 06, 2022 |
| Credit of Share (Tentative) | May 09, 2022 | Apr 06, 2022 |
| Listing date (Tentative) | May 10, 2022 | Apr 11, 2022 |
| Anchor Lockin End date 1 | Jun 04, 2022 | May 05, 2022 |
| Anchor Lockin End date 2 | Aug 03, 2022 | Jul 04, 2022 |
Rainbow Children's Medicare IPO P/E ratio is 43.53, as compared to Veranda Learning Solutions IPO P/E ratio of .
| Rainbow Children's Medicare IPO | Veranda Learning Solutions IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 62.19 | 89.22 | ||||
| Promoter Shareholding (Post-Issue) | 49.83 | 65.87 | ||||
| P/E Ratio | 43.53 | |||||
| Market Cap | ₹5501.30 Cr. | ₹764.12 Cr. | ||||
| ROE | 8.82 | 134.12 | ||||
| ROCE | 10.48 | 17.84 | ||||
| Debt/Equity | 0.11 | -99.75 | ||||
| EPS | ₹4.36 | ₹-7.29 | ||||
| RoNW | 8.88 |
In the Rainbow Children's Medicare IPO Retail Individual Investors (RII) are offered 1,01,07,308 shares while in Veranda Learning Solutions IPO retail investors are offered 1,01,07,308 shares. Qualified Institutional Buyers (QIB) are offered 57,75,605 shares in Rainbow Children's Medicare IPO and 75,36,405 shares in Veranda Learning Solutions IPO.
| Rainbow Children's Medicare IPO | Veranda Learning Solutions IPO | |
|---|---|---|
| Anchor Investor Reservation | 86,63,404 shares | 34,12,500 shares |
| Market Maker Reservation | ||
| QIB | 57,75,605 shares | 75,36,405 shares |
| NII | 43,31,704 shares | 21,89,781 shares |
| RII | 1,01,07,308 shares | 14,59,854 shares |
| Employee | 3,00,000 shares | |
| Others | ||
| Total | 2,91,78,021 shares | 1,45,98,540 shares |
Rainbow Children's Medicare IPO subscribed 12.43x in total, whereas Veranda Learning Solutions IPO subscribed 3.53x.
| Rainbow Children's Medicare IPO | Veranda Learning Solutions IPO | |
|---|---|---|
| QIB (times) | 38.90x | 2.02x |
| NII (times) | 3.73x | 3.87x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.38x | 10.76x |
| Employee (times) | 0.31x | |
| Other (times) | ||
| Total (times) | 12.43x | 3.53x |
