Rainbow Children's Medicare IPO share allotment today: Know how to check status online

tech.hindustantimes.com:

Rainbow Children's Medicare IPO share allotment status today: Rainbow Children's Medicare IPO allotment is likely to happen today. Investors who have bid for the Rs. 1595 crore initial public offering (IPO) of Rainbow Children's Medicare Limited can check the share allotment status of the public issue online. The Rainbow Children's Medicare IPO opened for subscription on April 27 and the bidding process concluded on April 29, 2022. People who have bid for the IPO will be able to check the allotment status online via BSE or the official website of the registrar of the issue that is KFin Technologies Limited.

In the three day of the bidding process the Rainbow Children’s Medicare IPO has been subscribed 12.43 times over the 2.05 crore shares that were on offer. The shares reserved for qualified institutional buyers (QIBs) have been subscribed 38.90 times, while those of non institutional investors 3.73 times and that of retail individual investors (RIIs) 1.38 times. The employees’ segment category has been subscribed 0.31 times, according to the data available on NSE.

Here is how you can check the Rainbow Children's Medicare IPO share allotment status online once announced.

1. Visit the official website of BSE or click on the direct link given here— https://www.bseindia.com/investors/appli_check.aspx.

2. Select Rainbow Children's Medicare IPO in the menu. It can be noted that the name of the company will be available for selection only after the finalisation and declaration of the allotment status.

3. Enter your application number alloted for Rainbow Children's Medicare IPO.

4. Then enter your Permanent Account Number (PAN card number).

5. Click at 'I'm not a robot' and confirm the captcha.

6. Now finally click at the 'Submit'