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Rategain Travel Technologies| Rategain IPO

IPO Status: Closed [7th Dec 2021 to 9th Dec 2021]

Rated 3 stars Rated 3/5 by Team TopShareBrokers
RateGain IPO Detail

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.

RateGain IPO Details

IPO Issue Opening Date: 7th Dec 2021
IPO Issue Closing Date: 9th Dec 2021
IPO Issue Price: ₹405-425
IPO Listing At: BSE, NSE
Retail Quota: TBD
IPO Issue Type: Book Built Issue IPO
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
BSE Code: 543417

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RateGain IPO Important Dates

In this section we have covered all important dates related to RateGain IPO. Dates are updated as they are announced. The most noted dates are IPO start date and IPO end date, which one should use to participate in IPO.

RateGain IPO important dates
IPO Activity Date
IPO Issue Open 7th Dec 2021
IPO Issue Close 9th Dec 2021
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

RateGain IPO Lots

IPO Activity Date
Issue Price ₹405-425
Market Lot: 35 Shares
1 Lot Amount: ₹14875
Max Retail Lots: 455 shares (13 lots)
Min HNI Lots: 490 shares (14 lots)

About Company - RateGain

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.

RateGain IPO Strengths

  • The comprehensive product portfolio of travel and hospitality solutions.
  • Global and diversified customer base with long-standing relationships.
  • AI-driven SaaS solution provider company.
  • Strong financial performance with a track record of successful acceleration post acquisitions.
  • Diverse management team with relevant technology and domain expertise.
Incorporation Sector IPO Issue Size Website
2012 Travel and tourism ₹1335 Cr.

RateGain IPO Objective

  1. Repayment and/or prepayment of the company's debt availed by RateGain UK, one of its subsidiary firms.
  2. Payment of deferred consideration for DHISCO's acquisition.
  3. Make the strategic investment, acquisition, and inorganic growth.
  4. Invest in technology innovation, artificial intelligence, and organic growth initiatives.
  5. Invest in capital equipment in the company's data center.
  6. General corporate purposes.

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RateGain IPO Live Subscription (NSE + BSE)

The table below is live update of IPO bidding details from NSE and BSE.

  • Qualified Institutional Buyers: 9,393,424 Shares
  • Non-Institutional Investors: 4,696,711 Shares
  • Retail Individual Investor: 3,131,141 Shares
  • Employees Quota: 129,870 Shares
IPO Bidding Live Updates from BSE + NSE
 # of Shares Offered9,393,424 (54.14%)4,696,711 (27.07%)3,131,141 (18.05%)129,87017,351,146
17th Dec 2021 17:020.00x0.03x1.86x0.32x0.35x
28th Dec 2021 17:020.00x0.06x2.06x0.61x0.39x
39th Dec 2021 17:028.42x42.04x8.08x1.37x17.41x

RateGain Financials for past 3 Years

Past performance and financial results of RateGain.

RateGain financial
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

RateGain IPO DRHP >>Document

RateGain IPO RHP >>Document

RateGain IPO Allotment Status >>Link

Company Address

Rategain Travel Technologies Limited
M-140, Greater Kailash Part II,
New Delhi,-110 048
Phone: +91 120 5057 000
Email: [email protected]

RateGain IPO Registrar

KFintech Private Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India - 500 032.
Phone: 04067162222, 04079611000
Email: [email protected]

RateGain IPO Lead Manager

  1. Kotak Mahindra Capital Company Limited
  2. IIFL Holdings Limited
  3. Nomura Financial Advisory And Securities (India) Pvt Ltd
RateGain IPO Important dates - Issue Open Date, close Date, IPO Listing Date. IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, IPO Listing date. What is the issue open date and close date for RateGain? Should I apply in RateGain IPO?

Last Updated on 2022-01-05T10:39:38+00:00

User Reviews

5. rohit Nov 30 2021 04:55:21 AM Reply
Rategain IPO expected listing gain.
4. Biswajyoti Bandyopadhyay Nov 30 2021 04:55:21 AM Reply
Please confirm Rategain IPO GMP (grey market premium) and kostak.
3. vikram Nov 30 2021 04:55:21 AM Reply
Rategain IPO good or bad.
2. Farukh Shaikh Nov 30 2021 04:55:21 AM Reply
Rategain IPO whether to invest or not.
1. shaik rafi Nov 30 2021 04:55:21 AM Reply
Rategain IPO - CRISIL Rating, Apply or not?.