Free Offer
Open Demat FREE
Apply in Rategain Travel Technologies Ltd. IPO via ASBA / UPI
₹0 Opening Digital KYC 1-Click Apply
SEBI Regulated · 100% Secure · Under 5 Min
Home All IPOs Rategain Travel Technologies Ltd. IPO
Rategain Travel Technologies Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹425
Issue Price
₹425
Face ₹1
GMP
+₹0
+0% premium
Est. Listing
₹425
GMP based
Lot Size
35
shares / lot
Min Amount
₹14,875
1 lot · 35 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
07 Dec 2021
Tue Completed
Done
Close Date
09 Dec 2021
Thu Completed
Done
Allotment
14 Dec 2021
Tue Completed
Done
Refund
15 Dec 2021
Wed Completed
Done
Demat Credit
16 Dec 2021
Thu Completed
Done
Listing Date
17 Dec 2021
Fri Completed
UPI Deadline: 09 Dec 2021
Issue Details
Pricing & Size
Issue Price
₹425 Face ₹1
Lot Size
35 shares
Min Investment
₹14,875
Total Issue Size
3,14,41,282 shares (aggregating up to ₹1,335.74 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
2,34,83,560 (74.69%)
NII / HNI
46,96,711 (14.94%)
Retail
31,31,141 (9.96%)
Employee
1,29,870 (0.41%)
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
9,79,22,360 shares
Post-Issue Shareholding
10,67,58,112 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 35 ₹14,875
HNI / NII 14 490 ₹2,08,250
bHNI / bNII 68 2,380 ₹10,11,500
Objects of Issue
6 objectives
1
1 Repayment/prepaymentof indebtedness availed by RateGain UK, one of our Subsidiaries, from Silicon Valley Bank
85.26 Cr
2
2 Payment of deferred consideration for acquisitionof DHISCO;
25.20 Cr
3
3 Strategic investments, acquisitionsand inorganic growth
80.00 Cr
4
4 Investment in technology innovation, artificial intelligence and other organic growth initiatives
50.00 Cr
5
5 Purchase of certain capital equipment for our Data Center;
40.77 Cr
6
6 General corporate purposes
73.26 Cr
Lead Managers & Market Maker
Book Running Lead Managers
IIFL Capital Services Ltd.
Kotak Mahindra Capital Co.Ltd.
Nomura Financial Advisory & Securities (India) Pvt.Ltd.
IPO Timeline
Open
07 Dec
✓ Done
Close
09 Dec
✓ Done
Allotment
14 Dec
✓ Done
Listing
17 Dec
✓ Done
Registrar Details
Kfin Technologies Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
04067162222, 04079611000
Email
rategain.ipo@kfintech.com
Company Contact
Email
compliance@rategain.com
Phone
+91 120 5057 000
Address
M-140, Greater Kailash, Part II, Delhi, New Delhi, 110048
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹425
Est. Listing
₹425
Lot Size
35 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Rategain Travel Technologies Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
Vol
Div
Yld
Loading chart…
Live Chart Not Available
Rategain Travel Technologies Ltd. is not yet listed or data is unavailable.
Chart will appear after listing
| Price
Market Reference
IPO Issue Price
₹425
GMP
+₹0 (+0%)
GMP Est. Listing
₹425
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 2,34,83,560 (74.69%) ₹99,805.13 Cr
NII / HNI (Total) 46,96,711 (14.94%) ₹19,961.02 Cr
Retail Investors 31,31,141 (9.96%) ₹1,330.74 Cr
Employee 1,29,870 (0.41%) ₹55.19 Cr
Total ** 3,14,41,282 (100.00%) ₹1,336,254.49 Cr
* Based on ₹425.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
2,34,83,560 (74.69%)
NII
46,96,711 (14.94%)
Retail
31,31,141 (9.96%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric31-Aug-2131-Mar-2131-Mar-20
Revenue131.22264.09457.61
PAT8.3428.5820.10
EBITDA
Net Worth
Total Assets428.19439.80397.11
Reserves
Borrowings
About Rategain Travel Technologies Ltd.

RateGain Travel Technologies is one of the leading distribution technology companies globally and the largest Software as a Service (SaaS) provider in the travel and hospitality industry in India. The firm offers travel and hospitality services across different verticals like hotels, airlines, online travel agents, meta-search companies, package providers, car rentals, cruises, and ferries. The business provides inter-connected products to manage the revenue creation value chain leveraging big data capabilities and integration and over the period, expanded product portfolio to artificial intelligence and machine learning capabilities.

RateGain Travel delivers travel and hospitality technology solutions through the SaaS platform through 3 business units; 1. Data as a Service (DaaS), 2. Distribution, and 3. Marketing Technology (MarTech). As of June 30 2021, the business serves over 1400 customers including 8 Global Fortune 500 Companies. Six Continents Hotels, InterContinental Hotels Group, Kessler Collection, Lemon Tree Hotels, Oyo Hotels, and Homes Pvt Ltd are some of the marquee customers served by the company.

Competitive strengths

  • Strong customer base with 1434 customers including 8 Global Fortune 500 Companies as of June 30, 2021.
  • Innovative Artificial intelligence-driven industry-relevant SaaS solution provider.
  • Comprehensive product portfolio solutions for the travel and hospitality industry.
  • Strong financial performance with an established track record of successful acceleration post-acquisition.
  • Diversified management team with domain expertise.
Frequently Asked Questions
What is the issue price of Rategain Travel Technologies Ltd. IPO?
The issue price of Rategain Travel Technologies Ltd. IPO is ₹425 per share, face value ₹1.
What is the lot size?
Minimum lot size is 35 shares, requiring ₹14,875.
What are the IPO dates?
Opens 07 Dec 2021, closes 09 Dec 2021.
When is the listing date?
Tentative listing: 17 Dec 2021 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹425 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Rategain Travel Technologies Ltd. IPO · Expected 14 Dec 2021

Check on Registrar
Post-IPO Timeline
Allotment Date
14 Dec 2021
Refund Initiation
15 Dec 2021
Demat Credit
16 Dec 2021
Listing Date
17 Dec 2021
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹425
Face ₹1
Lot Size
35
shares / lot
Min Amount
₹14,875
1 lot
Est. Listing
₹425
GMP +₹0
Key Dates
Open
07 Dec Done
Close
09 Dec Done
Listing
17 Dec Done
Registrar
Kfin Technologies Ltd.
A
Sponsored
₹0 AMC · Apply IPOs via UPI
SEBI Regulated · Digital KYC in 5 min