Rainbow Children's Medicare IPO: Information analysis

Incorporated in 1998, Rainbow Children's Medicare is one of India's largest specialty hospital chains that focuses on paediatric, obstetrics and gynaecology. Started as a 50-bed hospital in Hyderabad, it now has 14 hospitals and three clinics in six cities with a total bed capacity of 1,500, as of December 2021. The hospital's specialty paediatrics services include newborn and paediatric intensive care and paediatric quaternary care, and specialty obstetrics and gynaecology services include normal and complex obstetric care, multi-disciplinary fetal care, and fertility care. During FY21, the company generated 84 per cent revenue from hospital services, 13.4 per cent from pharmacy sales and 2.5 per cent from hospital service fees. Rainbow Children's Medicare follows a hub and spoke model to provide synergy in its operations. Its Banjara Hills hospital in Hyderabad, has 250 beds and acts as a hub where comprehensive outpatient and inpatient care with a focus on tertiary and quaternary care is provided. Secondary care in paediatric, obstetrics and gynaecol