Rainbow Children Medicare IPO vs Venus Pipes & Tubes IPO

Comparision between Rainbow Children Medicare IPO and Venus Pipes & Tubes IPO.

IPO Details

Rainbow Children Medicare IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Venus Pipes & Tubes IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Rainbow Children Medicare IPO	Venus Pipes & Tubes IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Kotak Mahindra Capital Company Limited J.P. Morgan India Private Limited Iifl Securities Ltd	Smc Capitals Limited
Registrar	Kfin Technologies Limited	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Rainbow Children Medicare IPO is up to ₹1,580.85 Cr whereas the issue size of the Venus Pipes & Tubes IPO is up to ₹165.42 Cr. The final issue price of Rainbow Children Medicare IPO is ₹542.00 per share and of Venus Pipes & Tubes IPO is ₹326.00 per share.

	Rainbow Children Medicare IPO	Venus Pipes & Tubes IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹516.00 per share	₹310.00 per share
Issue Price (Upper)	₹542.00 per share	₹326.00 per share
Issue Price (Final)	₹542.00 per share	₹326.00 per share
Discount (Retail)
Discount (Employee)	₹20.00 per share
Market Lot Size	27 shares	46 shares
Fresh Issue Size		50,74,100 shares
Fresh Issue Size (Amount)	up to ₹280.00 Cr	up to ₹165.42 Cr
OFS Issue Size	2,40,00,900 shares
OFS Issue Size (Amount)	up to ₹1,300.85 Cr
Issue Size Total		50,74,100 shares
Issue Size Total (Amount)	up to ₹1,580.85 Cr	up to ₹165.42 Cr

IPO Timetable

Rainbow Children Medicare IPO opens on Apr 27, 2022, while Venus Pipes & Tubes IPO opens on May 11, 2022. The closing date of Rainbow Children Medicare IPO and Venus Pipes & Tubes IPO is Apr 29, 2022, and May 13, 2022, respectively.

	Rainbow Children Medicare IPO	Venus Pipes & Tubes IPO
Anchor Bid Date
Issue Open	Apr 27, 2022	May 11, 2022
Issue Close	Apr 29, 2022	May 13, 2022
Basis Of Allotment (Tentative)	May 05, 2022	May 19, 2022
Initiation of Refunds (Tentative)	May 06, 2022	May 20, 2022
Credit of Share (Tentative)	May 09, 2022	May 23, 2022
Listing date (Tentative)	May 10, 2022	May 24, 2022
Anchor Lockin End date 1	Jun 04, 2022	Jun 18, 2022
Anchor Lockin End date 2	Aug 03, 2022	Aug 17, 2022

Financials

Rainbow Children Medicare IPO P/E ratio is 43.53, as compared to Venus Pipes & Tubes IPO P/E ratio of 21.03.

Rainbow Children Medicare IPO

Venus Pipes & Tubes IPO

Financial

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs in Millions)
	31-Dec-21	31-Dec-20	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	12,397.56	10,762.22	10,812.67	10,192.37	9,263.96
Total Revenue	7,740.62	4,942.93	6,603.10	7,297.37	5,511.44
Profit After Tax	1,264.13	385.25	395.68	553.40	445.90

Summary of financial Information (Restated)
Particulars	For the year/period ended (Rs in Million)
	31-Dec-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	2,462.76	1,375.39	1,071.91	791.23
Total Revenue	2,782.80	3,120.31	1,793.22	1,205.06
Profit After Tax	235.95	236.32	41.28	37.50

Promoter Shareholding (Pre-Issue)

62.19%

64.27%

Promoter Shareholding (Post-Issue)

49.83%

48.20%

P/E Ratio

43.53

21.03

Market Cap

₹5501.30 Cr.

₹661.65 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Rainbow Children Medicare IPO retail investors (RII) are offered 1,01,03,000 shares while in Venus Pipes & Tubes IPO retail investors are offered 1,01,03,000 shares. Qualified institutional buyers (QIB) are offered 1,44,33,000 shares in Rainbow Children Medicare IPO and 10,14,864 shares in Venus Pipes & Tubes IPO.

	Rainbow Children Medicare IPO	Venus Pipes & Tubes IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	1,44,33,000 shares	10,14,864 shares
NII	43,30,000 shares	7,61,115 shares
RII	1,01,03,000 shares	17,75,935 shares
Employee	3,00,000 shares	0 shares
Others
Total	2,88,66,000 shares	35,51,914 shares

Bids Received (Subscription)

Rainbow Children Medicare IPO subscribed 12.43x in total, whereas Venus Pipes & Tubes IPO subscribed 16.31x.

	Rainbow Children Medicare IPO	Venus Pipes & Tubes IPO
QIB (times)	38.90x	12.02x
NII (times)	3.73x	15.66x
Big NII (times)
Small NII (times)
RII (times)	1.38x	19.04x
Employee (times)	0.31x
Other (times)
Total (times)	12.43x	16.31x

Compare with others

Rainbow Children Medicare IPO	Venus Pipes & Tubes IPO
Syrma IPO	eMudhra IPO
Aether Industries IPO	Paradeep Phosphates IPO
eMudhra IPO	Prudent Corporate Advisory Services IPO
Paradeep Phosphates IPO	Rainbow Children Medicare IPO
Prudent Corporate Advisory Services IPO	Campus Activewear IPO
Campus Activewear IPO	Ethos Limited IPO
Venus Pipes & Tubes IPO	Hariom Pipe Industries IPO
Ethos Limited IPO	Veranda Learning IPO
Hariom Pipe Industries IPO	Uma Exports IPO
Veranda Learning IPO	LIC IPO

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