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IPO Status: Listed [7th Dec 2021 to 9th Dec 2021]
RateGain Travel Technologies IPO comprising a fresh issue of Rs. 375 Cr and an offer for sale of upto 22,605,530 shares coming soon to list on the BSE and NSE. The IPO opens for subscription from 7 Dec to 9 Dec 2021. The IPO price band is Rs. 405-425 and one can apply for the lot size of 35 shares and its multiple. The issue includes an employee reservation of upto Rs. 5 Cr and offers an employee discount of Rs. 40 per share. Stay updated with us to know more about the Rategain IPO issue size, minimum order amount, business overview, company financials, live subscription, allotment status, and more.
| IPO Issue Opening Date: | 7th Dec 2021 |
| IPO Issue Closing Date: | 9th Dec 2021 |
| IPO Issue Price: | ₹405-425 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| Anchor List: | Download Anchor List |
| IPO Listing At: | BSE, NSE |
| Retail Quota: | TBD |
| IPO Issue Type: | Book Build Issue |
| IPO Issue Size: | ₹1335 Cr. |
| Offer for Sale: | 22,605,530 equity shares at [₹_] each |
| Fresh Issue: | ₹375 Cr. |
| Face Value: | ₹1 Per Equity Share |
| IPO Discount: | Employee: ₹40 |
| Promoter Holding Pre IPO: | 67.29% |
| Promoter Holding Post IPO: | TBD |
| Allotment Status: | Allotment Status |
| BSE Code: | 543417 |
| NSE Code: | RATEGAIN |
Get important updates regarding RateGain IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 14th Dec 2021 |
| Refunds Initiation* | 15th Dec 2021 |
| Credit of Shares to Demat* | 16th Dec 2021 |
| IPO Listing Date* | 17th Dec 2021 |
* - Tentative Dates
| IPO Activity | Date |
|---|---|
| Issue Price | ₹405-425 |
| Market Lot: | 35 Shares |
| 1 Lot Amount: | ₹14875 |
| Min Small HNI Lots(2-10 Lakh): | 490 shares (14 lots) |
| Min Big HNI Lots(10+ Lakh): |
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
|---|---|---|---|---|---|
| 17-12-2021 | 425 | 18 | -- | ₹443 (4.24%) | 17-Dec-2021 8:42 |
Zerodha Trade@20
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Rategain Travel Technologies is one of the leading distribution technology companies globally and one of the largest Software as a Service (SaaS) providers in India. The firm offers travel and hospitality solutions to travel agents, hotels, airlines, travel management companies, car rentals, rails, etc. It has started operations in 2004 and over the last 15 years, it has expanded its product portfolio to artificial intelligence and machine learning capabilities. Its hospitality and travel technology solutions are classified into 3 business segments; Data as a Service (DaaS), Distribution, and Marketing Technology. As of Sep 30, 2021, its total customer base includes 1462 customers including 8 Global Fortune 500 Companies. Its customer base includes Six Continents Hotels, Inc., an InterContinental Hotels Group Company, Kessler Collection, a luxury hotel chain, Lemon Tree Hotels Limited, Oyo Hotels, and Homes Private Limited. It serves customers in multiple geographies with local go-to-market teams and has offices in 6 countries.
| Incorporation | Sector | IPO Issue Size | Website |
| 2012 | Travel and tourism | ₹1335 Cr. | http://www.rategain.com/ |
The table below is live update of IPO bidding details from NSE and BSE.
| Day | QIB | NII | RII | EMP | Total | |
|---|---|---|---|---|---|---|
| # of Shares Offered | 9,393,424 (54.14%) | 4,696,711 (27.07%) | 3,131,141 (18.05%) | 129,870 | 17,351,146 | |
| 1 | 7th Dec 2021 17:02 | 0.00x | 0.03x | 1.86x | 0.32x | 0.35x |
| 2 | 8th Dec 2021 17:02 | 0.00x | 0.06x | 2.06x | 0.61x | 0.39x |
| 3 | 9th Dec 2021 17:02 | 8.42x | 42.04x | 8.08x | 1.37x | 17.41x |
| RateGain Travel Technologies Financials (₹ in Cr) | 31-Aug-2021 | 31-Mar-2021 | 31-Mar-2020 | 31-Mar-2019 |
|---|---|---|---|---|
| Total Assets | ₹428.19 | ₹439.80 | ₹397.11 | ₹284.90 |
| Total Income | ₹131.22 | ₹264.09 | ₹457.61 | ₹272.70 |
| Net Profit/Loss | ₹(8.34) | ₹(28.57) | ₹(20.10) | ₹11.03 |
Last Updated on 05-Jan-2022 10:39:38
