Rategain Travel Technologies Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹405-₹425
- Lot size
- 35 shares
- Issue amount
- ₹1,335.74 cr
- Total subscription
- 0×
- Opens
- 7 Dec 2021
- Closes
- 9 Dec 2021
- Allotment
- 14 Dec 2021
- Listing
- 17 Dec 2021
Offer at a glance
Issue overview
- Issue size
- 3,14,41,282 shares
- Face value
- ₹1 Per Share
- Minimum investment
- ₹14,175
- Fresh issue
- ₹375 cr
- Offer for sale
- ₹960.74 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,875
- Issue type
- Bookbuilding IPO
- Shares before issue
- 9,79,22,360
- Shares after issue
- 10,67,58,112
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 35 | ₹14,875 |
| sHNI | 14 | 490 | ₹2,08,250 |
| bHNI | 68 | 2,380 | ₹10,11,500 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
RateGain Travel Technologies is a global distribution technology company and India’s largest SaaS provider for the travel and hospitality industry, serving sectors such as hotels, airlines, online travel agents, meta-search platforms, tour operators, car rentals, cruises, and ferries. The company offers connected technology solutions that help manage the entire revenue creation process using big data, artificial intelligence, and machine learning. Its services are delivered through three main business units: Data as a Service, Distribution, and Marketing Technology. As of June 30, 2021, RateGain served over 1,400 customers, including eight Fortune 500 companies, with well-known clients such as InterContinental Hotels Group, Six Continents Hotels, Lemon Tree Hotels, OYO, and the Kessler Collection.
Strengths
- Strong Customer Base: Serves 1,434 customers, including 8 Global Fortune 500 companies (as of June 30, 2021).
- AI-Driven SaaS Solutions: Provides innovative, industry-focused AI-powered SaaS offerings.
- Comprehensive Product Suite: Delivers end-to-end solutions for the travel and hospitality industry.
- Proven Financial Performance: Shows strong financial results with successful growth post-acquisition.
- Experienced Management: Backed by a diversified leadership team with deep domain expertise.
Promoters
Bhanu Chopra
Megha Chopra
Registrar & documents
Lead manager
IIFL Capital Services Limited, Kotak Mahindra Capital Company Limited, Nomura Financial Advisory And Securities (India) Private Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
M-140, Greater Kailash Part II, New Delhi 110 048, Delhi, India
+91 120 5057 000
[email protected]Company website ↗Understanding RATEGAIN IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.