Rainbow Children’s Medicare IPO – Focused Pediatric, Obstetrics Player: ICICI Direct

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ICICI Direct’s IPO Report

Rainbow Children’s Hospital is a leading multi-specialty pediatric, obstetrics and gynecology 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 gynecology service provider, which includes normal and complex obstetric care, multidisciplinary fetal 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 .

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