Rategain Travel Technologies IPO
Mainboard₹14,875 / 35 Shares
Rategain Travel Technologies IPO Details
The Rategain Travel Technologies IPO price band is set between ₹405-425 per equity share, with a face value of ₹1 per share. The issue is managed by KFintech Private Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 7 Dec, 2021 and closes on 9 Dec, 2021. Investors can check the allotment status on 15 Dec, 2021, while the listing date is tentatively scheduled for 17 Dec, 2021.
The total issue size is Total : 1335.22 Crores#Fresh Issue: N/A Eq Shares of ₹1 , aggregating up to ₹375.00 Cr. Stay tuned for the latest Rategain Travel Technologies IPO review and GMP updates.
Rategain Travel Technologies IPO Review, Rating & Analysis
Rategain Travel Technologies IPO Review
NO REVIEWRategain Travel Technologies IPO Rating
Rategain Travel Technologies IPO Highlights
IPO Date
Dec 7, 2021 - Dec 9, 2021
Listing Date
17 Dec, 2021
Face Value
₹1 Per Equity Share
Price Band
₹405-425 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Rategain Travel Technologies IPO Lot Size
The minimum market lot for Rategain Travel Technologies IPO is 35 shares with an application amount of ₹14,875. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 35 | ₹14,875 |
| Retail (Max) | 13 | 455 | ₹1,93,375 |
| S-HNI (Min) | 14 | 490 | ₹2,08,250 |
| S-HNI (Max) | 67 | 2345 | ₹9,96,625 |
| B-HNI (Min) | 68 | 2380 | ₹10,11,500 |
Rategain Travel Technologies IPO Timeline
Issue Price
₹405-425 per equity shareFace Value
₹1 Per Equity ShareListing at Group
BSE, NSERegistrar
KFintech Private LimitedLead Manager
Kotak Mahindra Capital Company Limited, IIFL Securities Limited, Nomura Financial Advisory and Securities (India) Private LimitedIssue Size
Total : 1335.22 Crores#Fresh Issue: N/A Eq Shares of ₹1 (aggregating up to ₹375.00 Cr)#Offer for Sale: 22,605,530 Eq Shares of ₹1 (aggregating up to ₹960.22 Cr)Rategain Travel Technologies IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Aug 21 | 428.18 | 131.22 | (8.33) | - | - | - |
| 31 Mar 21 | 439.80 | 264.09 | (28.57) | - | - | - |
| 31 Mar 20 | 397.10 | 457.61 | (20.10) | - | - | - |
| 31 Mar 19 | 284.90 | 272.70 | 11.03 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Bhanu Chopra
- Megha Chopra
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 67.29% | 56.72% |
About Company
Rategain are among the leading distribution technology companies globally and are the largest Software as a Service (“SaaS”) company in the hospitality and travel industry in India.
The company is among the leading distribution technology companies globally and are the largest Software as a Service (“SaaS”) company in the hospitality and travel industry in India. offer travel and hospitality solutions across a wide spectrum of verticals including hotels, airlines, online travel agents (“OTAs”), meta-search companies, vacation rentals, package providers, car rentals, rail, travel management companies, cruises, and ferries. They are one of the largest aggregators of data points in the world for the hospitality and travel industry.
Rategain Travel Technologies IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|
7.42 times
Frequently Asked Questions about Rategain Travel Technologies IPO IPO
When will Rategain Travel Technologies IPO open for subscription?
The Rategain Travel Technologies IPO opens on 7 Dec, 2021 and closes on 9 Dec, 2021.
What is the investors portion for Rategain Travel Technologies IPO?
The investors' portion for QIB is , NII is N/A, and Retail is .
How to apply for Rategain Travel Technologies IPO?
You can apply for Rategain Travel Technologies IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Rategain Travel Technologies IPO?
The issue size of Rategain Travel Technologies IPO is approx ₹Total : 1335.22 Crores#Fresh Issue: N/A Eq Shares of ₹1 (aggregating up to ₹375.00 Cr)#Offer for Sale: 22,605,530 Eq Shares of ₹1 (aggregating up to ₹960.22 Cr) crores.
What is the price band of Rategain Travel Technologies IPO?
The price band for Rategain Travel Technologies IPO is ₹405 to ₹425 per equity share.
What is the lot size of Rategain Travel Technologies IPO?
The minimum bid (lot size) for Rategain Travel Technologies IPO is N/A shares with an investment of approx ₹14,875 .
What is the allotment date of Rategain Travel Technologies IPO?
The allotment date for Rategain Travel Technologies IPO is 15 Dec, 2021.
What is the listing date of Rategain Travel Technologies IPO?
The listing date for Rategain Travel Technologies IPO is expected to be 17 Dec, 2021.
What is the GMP of Rategain Travel Technologies IPO?
The latest Grey Market Premium (GMP) for Rategain Travel Technologies IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.