Rainbow Children’s Medicare IPO: Analysts sceptical, but can it be a long-term investment?

The company will raise Rs 1,581 crore through its initial stake sale. The company will issue fresh equity shares worth Rs 280 crore and existing shareholders and promoters will offload 2.4 crore equity shares from their stake through OFS.

Rainbow Children’s Medicare IPO: Analysts sceptical, but can it be a long-term investment?
The company will raise Rs 1,581 crore through its initial stake sale. The company will issue fresh equity shares worth Rs 280 crore and existing shareholders and promoters will offload 2.4 crore equity shares from their stake through OFS.