RateGain IPO Details, GMP, Allotment Date, Share Price, Listing Date, Wiki

RateGain (RateGain Travel Technologies) is a SaaS company in the hospitality and travel industry offering solutions across a wide spectrum of verticals including hotels, airlines, online travel agents, meta-search companies, vacation rentals, package providers, car rentals, rail, travel management companies, cruises and ferries.

Key Information

RateGain is among the leading distribution technology companies globally and the largest Software as a Service (SaaS) company in the hospitality and travel industry in India. As of 30 June, it had over 1,400 clients, including eight global Fortune 500 companies.

The company offers travel and hospitality solutions across a wide spectrum of verticals including hotels, airlines, online travel agents (OTAs), vacation rentals, package providers, car rentals, rail, travel management companies, cruises.

Also see: Upcoming IPO GMP Today

RateGain Company Information

CompanyRateGain Travel Technologies
Founder & CEOBhanu Chopra
Founded2004
Ph. No.+91 120-5057-000
Websitehttps://rategain.com/
Email[email protected]
ContactM-140, Greater Kailash Part II,
New Delhi 110 048, Delhi, India

RateGain IPO Registrar

IPO RegistrarLink Intime India Private Ltd
Ph. NO.+91-22-4918 6270
Websitehttps://linkintime.co.in/
Email[email protected]

RateGain IPO Dates/GMP/Share Price

IPORateGain Travel Technologies
IPO Opening Date7 December 2021
IPO Closing Date9 December 2021
Allotment Date14 December 2021
Initiation of Refund15 December 2021
IPO Listing Date17 December 2021
GMP₹128 (on 4th December 2021)
Issue TypeBook Built Issue IPO
Face Value₹1 per equity share
IPO Price₹405 to ₹425 per equity share
Market Lot35 Shares
Min Order Quantity35 Shares
Listing AtBSE, NSE
Issue SizeApprox ₹1,335.74 Cr
Fresh IssueApprox ₹375.00
Offer for Sale22,605,530 Eq Shares of ₹1
Approx ₹960.74 Cr
Employee Discount40
QIB Shares OfferedNot less than 75% of the issue
NII Shares OfferedNot more than 15% of the issue
RII Shares OfferedNot more than 15% of the issue
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RateGain IPO Lot Size

Minimum135Amount- ₹14,875
Maximum13455Amount- ₹193,375

Lead Managers

  • IIFL Securities Ltd
  • Kotak Mahindra Capital Company Limited
  • Nomura Financial Advisory And Securities (India) Pvt Ltd

Promoters

Bhanu Chopra, Usha Chopra and Megha Chopra are promoters of RateGain having 67.29% shareholding in the company and the remaining shares are held by public shareholders.

FAQs

What does RateGain do?

RateGain is a SaaS company in the hospitality and travel industry offering solutions across a wide spectrum of verticals including hotels, airlines, online travel agents, meta-search companies, vacation rentals, package providers, car rentals, rail, travel management companies, cruises and ferries.

What is the price of RateGain IPO?

Price of RateGain IPO is between ₹405 to ₹425 per equity share.

What is the GMP of RateGain IPO?

Ahead of the listing, RateGain IPO GMP today is ₹115 (on 3 Dec, 2021). Its IPO price is ₹425 and its estimated listing price is ₹540 (27.06%).

When is RateGain IPO allotment date and listing date?

RateGain IPO’s allotment date is 14 December 2021 and listing date is 17 December 2021.

When is RateGain IPO opening date and closing date?

RateGain IPO’s opening date is 7 December 2021and closing date is 9 December 2021.

Who is the founder of RateGain?

Bhanu Chopra is the founder and CEO of RateGain.

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