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Rategain Travel Technologies Ltd.

Rategain Travel Technologies Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹425
₹425
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹425
Based on GMP
Min. Investment
₹14,875
1 lot × 35 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
07 Dec 2021
Close Date
09 Dec 2021
Allotment
14 Dec 2021
Listing Date
17 Dec 2021
Exchange
NSE & BSE
Price Band
₹425
Listing Price
See chart
Allotment Status
Price Band
₹425
Per share
Face Value
₹1 per share
 
Lot Size
35 Shares
per lot
Issue Size
3,14,41,282 shares (aggregating up to ₹1,335.74 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,875
1 lot
Pre-IPO Holding
9,79,22,360 shares
Promoters
Post-IPO Holding
10,67,58,112 shares
Promoters
UPI Deadline
2021-12-09
Mandate
Anchor AllotmentMon, 06 Dec 2021
Basis of AllotmentTue, 14 Dec 2021
Refund InitiationWed, 15 Dec 2021
Demat CreditThu, 16 Dec 2021
Listing DayFri, 17 Dec 2021
UPI Mandate Deadline2021-12-09
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares88,35,752 shares (aggregating up to ₹375.38 Cr)
Offer for Sale2,26,05,530 shares of ₹1 (aggregating up to ₹960.37 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Rategain Travel Technologies Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 09 Dec 2021.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
31,441,282
100% ₹1,336.25
IPO Shares Offered
Rategain Travel Technologies Ltd. IPO total issue size: ₹1,336.25 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 31,441,282 ₹1,336.25
100.00%
* Based on upper price band ₹425 per share
Lot Size & Investment
Lot Size
35
Shares per Lot
Issue Price
₹425.00
Upper Band
Min Investment
₹14,875
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)270₹29,750
Retail (Max — 13 Lots)13455₹193,375
S-HNI (Min — 14 Lots)14490₹208,250
B-HNI (Min — 68 Lots)682,380₹1,011,500
* Issue Price ₹425 × Lot Size 35 shares
IPO Schedule
Anchor
06 Dec 2021
✓ Done
IPO Open
07 Dec 2021
✓ Done
IPO Close
09 Dec 2021
✓ Done
Allotment
14 Dec 2021
✓ Done
Refunds
15 Dec 2021
✓ Done
Demat Credit
16 Dec 2021
✓ Done
Listing Day
17 Dec 2021
✓ Done
Rategain Travel Technologies Ltd. — Live Price LIVE
₹425.00
INR · BSE
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Issue ₹425.00 Live Price
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 strengthsStrong 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.
Objects of the Issue
1
1 Repayment/prepaymentof indebtedness availed by RateGain UK, one of our Subsidiaries, from Silicon Valley Bank
2
2 Payment of deferred consideration for acquisitionof DHISCO;
3
3 Strategic investments, acquisitionsand inorganic growth
4
4 Investment in technology innovation, artificial intelligence and other organic growth initiatives
5
5 Purchase of certain capital equipment for our Data Center;
6
6 General corporate purposes
Rategain Travel Technologies Ltd. Financials (Amount in Crore)
Revenue from Operations
₹457.6
31-Mar-20
₹264.1
31-Mar-21
₹131.2
31-Aug-21
Profit After Tax (PAT)
₹20.1
31-Mar-20
₹28.6
31-Mar-21
₹8.3
31-Aug-21
Particulars31-Aug-2131-Mar-2131-Mar-20
Revenue from Operations 131.22 264.09 457.61
EBITDA N/A N/A N/A
Profit After Tax (PAT) 8.34 28.58 20.10
Net Worth N/A N/A N/A
Total Assets 428.19 439.80 397.11
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered3,14,41,282 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding9,79,22,360 shares
Post-Issue Promoter Holding10,67,58,112 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
IIFL Capital Services Ltd.
Kotak Mahindra Capital Co.Ltd.
Nomura Financial Advisory & Securities (India) Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Rategain Travel Technologies Ltd. IPO subscribed?

Rategain Travel Technologies Ltd. IPO is subscribed 1.00 times by Dec 09, 2021. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Rategain Travel Technologies Ltd. IPO retail subscription status?

The Rategain Travel Technologies Ltd. IPO retail category is subscribed 1.00 times as of 09 Dec 2021. The retail portion is oversubscribed.

How to subscribe Rategain Travel Technologies Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 07 Dec 2021 and closes 09 Dec 2021. Min investment: ₹14,875 (1 lot = 35 shares). UPI mandate: 2021-12-09.

How many times Rategain Travel Technologies Ltd. IPO subscribed?

The Rategain Travel Technologies Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Rategain Travel Technologies Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 14 Dec 2021. Refunds: on 15 Dec 2021.

When Rategain Travel Technologies Ltd. IPO will be listed?

The Rategain Travel Technologies Ltd. IPO listing date is 17 Dec 2021, Friday. Listed on: NSE & BSE. Issue price: ₹425. Estimated listing: ₹425. GMP: NIL.

When Rategain Travel Technologies Ltd. IPO close?

The Rategain Travel Technologies Ltd. IPO closes on 09 Dec 2021, Thursday. UPI mandate: 2021-12-09. Allotment: 14 Dec 2021. Listing: 17 Dec 2021.