RateGain Travel Tech IPO price band, GMP, Allotment, Listing date and Price

RateGain Travel Tech IPO details (7 – 9 Dec), (Price: 405-425)

Policy Bazaar IPO price band, GMP, Allotment, Listing date and Price
RateGain Travel Tech IPO price band, GMP, Allotment, Listing date and Price

Listing date and Listing Price of RateGain Travel Tech IPO:

  1. RateGain Travel Tech IPO listed on BSE and NSE exchanges on – Click Here
  2. Listing Price of RateGain Travel Tech IPO on NSE – Click Here
  3. Listing Price of RateGain Travel Tech IPO on BSE – Click Here

Grey Market premium (GMP) price of RateGain Travel Tech IPO :

Grey Market premium (GMP) price of RateGain Travel Tech IPO is Rs __. Grey Market premium (GMP) of RateGain Travel Tech IPO means, unofficially if someone buys or sells his application at a fixed rate irrespective of listing price. Check latest GMP of all IPOs.

Check the allotment status of RateGain Travel Tech IPO on these three links given by Kfintech.

  1. RateGain Travel Tech IPO Allotment Link 1 – https://kosmic.kfintech.com/ipostatus/
  2. RateGain Travel Tech IPO Allotment Link 2 – https://kcas.kfintech.com/ipostatus/
  3. RateGain Travel Tech IPO Allotment Link 3 -https://evault.kfintech.com/ipostatus/

RateGain Travel Tech IPO Allotment link status on Kfintech can be checked by Application No or DPID/Client ID or PAN and enter ‘Captcha’.

KPRISM, an app by KFin Technologies Pvt Ltd (Registrar of this IPO) can be downloaded from Play Store on mobile or Tab.

  1. Download KPRISM app by KFin Tech.
  2. Select IPO Status (No need to do login or register to check IPO allotment)
  3. Select RateGain Travel Tech IPO from the list.
  4. Enter Application Number or DPID Client ID or PAN, then Submit.
  5. The allotment status of RateGain Travel Tech IPO, with no. of shares allotted will come.

RateGain Travel Tech IPO subscription status details:

QIB (Qualified Institl. Bidders)NIB (Non-institutional Investor)RII (Retail Individual Investor)Employee categoryTotal No. of times applied
No. of shares offered     
Day 1     
Day 2     
Day 3     
RateGain Travel Tech IPO subscription status live

RateGain Travel Tech IPO highlights:

RateGain Travel Tech IPO bid Opens on 7 Dec 2021
RateGain Travel Tech IPO bid Closes on9 Dec 2021
Post issue Modification Period10-Dec-2021 (10.00 A.M. to 11.00 A.M.)
Cut-off time for UPI Mandate Confirmation10-Dec-2021 (upto 12:00 PM)
Issue type100% Book Building
RateGain Travel Tech IPO issue size₹ 1335.74 Cr
Face value of each equity shareRs. 1
RateGain Travel Tech IPO Price bandRs. 405 to Rs.425 per share
RateGain Travel Tech IPO market lot35 equity shares and multiples of 35
RateGain Travel Tech IPO minimum order quantity35 equity shares
Pre IPO equity share of promoters of RateGain Travel Tech__ %
Post IPO paid-up equity share of promoters of RateGain Travel Tech__ %
QIB portion reservation in RateGain Travel Tech IPO75 %
NIB portion reservation in RateGain Travel Tech IPO15 %
Retail portion reservation in RateGain Travel Tech IPO10 %
Retail individual bidder can apply in RateGain Travel Tech IPOup to 2 lakh (200,000) – Maximum 13 Lot
Retail individual discount in RateGain Travel Tech IPONA
Employees can apply in RateGain Travel Tech IPOup to 5 lakh (500,000)
Employees Reservation in RateGain Travel Tech IPONA
Employees Discount in RateGain Travel Tech IPO40 per equity share
Listing of RateGain Travel Tech at ExchangesNSE, BSE
Fund raised from Anchor Investors in Pre-IPO of RateGain Travel TechNA
Registrar of RateGain Travel Tech IPO issueKfin Technologies Private Limited
RateGain Travel Tech IPO highlights

RateGain Travel Tech IPO important dates regarding bidding, allotment, listing, refund etc. :

The probable dates regarding bidding, allotment, listing, refund of RateGain Travel Tech IPO are mentioned below.

RateGain Travel Tech IPO opens on07.12.2021
RateGain Travel Tech IPO Closes on09.12.2021
Allotment basis date of RateGain Travel Tech IPO14.12.2021
Money refund date of RateGain Travel Tech IPO15.12.2021
Shares of RateGain Travel Tech in Demat Account16.12.2021
RateGain Travel Tech IPO listing date on NSE, BSE17.12.2021
RateGain Travel Tech IPO important dates regarding bidding, allotment, listing, refund etc.

How much shares of RateGain Travel Tech IPO are being offered?

Type of Issue (Fresh / OFS)No. of Equity shares offeredAmount of Equity shares
Total Issue size₹ 1335.74 Crore
Fresh Issue size₹ 375 Crore
Offer for Sale (OFS)₹ 960.74 Crore
Employee Reservation
No. of Equity shares offered of RateGain Travel Tech IPO

RateGain Travel Tech financial statements details:

31.03.202131.03.202031.03.2019
(₹ million)(₹ million)(₹ million)
Total Assets4,398.043,971.082,849.02
Total Revenue2,640.914,576.132,727.00
Profit After Tax– 285.75– 201.04110.34
RateGain Travel Tech financial statements details

IPO Red Herring Prospectus (RHP) of RateGain Travel Tech:

Click here for IPO RHP of RateGain Travel Tech on SEBI website.

Objectives of the RateGain Travel Tech IPO Issue: (Source – RHP)

Objects of the Fresh Issue

Fresh Issue The net proceeds of the Fresh Issue, i.e. gross proceeds of the Fresh Issue less the offer expenses apportioned to our Company in relation to Fresh Issue (“Net Proceeds”) are proposed to be utilised in the following manner: 1. Repayment/prepayment of indebtedness availed by RateGain UK, one of our Subsidiaries, from Silicon Valley Bank; 2. Payment of deferred consideration for acquisition of DHISCO; 3. Strategic investments, acquisitions and inorganic growth; 4. Investment in technology innovation, artificial intelligence and other organic growth initiatives; 5. Purchase of certain capital equipment for our Data Center; and 6. General corporate purposes.

Business of RateGain Travel Tech: (Source – RHP)

We 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. We 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.

We are one of the largest aggregators of data points in the world for the hospitality and travel industry. (Source: Phocuswright Report) We offer a suite of inter-connected products that manage the revenue creation value chain for our customers by leveraging our big-data capabilities and integration with other technology platforms helping hospitality and travel providers acquire more guests, retain them via personalized guest experiences and seek to maximize their margins. 162 We began operations in 2004 with the introduction of a competitive intelligence price comparison product for hotels and have over the last 15 years, expanded our product portfolio to include artificial intelligence and machine learning capabilities that leverage our in-house data lake to offer products in the areas of rate intelligence, cognitive revenue management, smart distribution and brand engagement.

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