What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the price band for Rategain Travel Technologies Limited IPO?

The price band for Rategain Travel Technologies Limited IPO is set at ₹405 to ₹425 per equity share with a minimum lot size of 35 shares.

When does Rategain Travel Technologies Limited IPO open and close?

The Rategain Travel Technologies Limited IPO opens on 2021-12-07 and closes on 2021-12-09. The allotment date is 2021-12-14 and the listing date is 2021-12-17.

What is the current GMP of Rategain Travel Technologies Limited IPO?

The current grey market premium (GMP) for Rategain Travel Technologies Limited IPO is ₹18, implying an estimated listing price of ₹443 (4.24% gain over the upper price band).

How do I check Rategain Travel Technologies Limited IPO allotment status?

You can check the allotment status on the registrar's official portal (Kfin Technologies Limited) or through the BSE/NSE allotment websites once the basis of allotment is finalized.

Rategain Travel Technologies Limited

ListedMainboard

Technology · NSE / BSE

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.

Price Band

₹405 – ₹425

Issue Size

₹1336 Cr

Lot Size

35 shares

GMP

₹18

+4.2%

Est. Listing

₹443

at current GMP

Subscribed

—

Open

7 Dec 2021

9 Dec 2021

Allotment

14 Dec 2021

Refund

15 Dec 2021

Demat Credit

16 Dec 2021

Listing

17 Dec 2021

Last updated 12 days ago

Overview GMP Subscription Financials IPO Details Company Promoters Objects Peers Documents Allotment FAQs

Key Highlights

•Leading player in the Technology segment
•Price band established at ₹405 - ₹425 per equity share
•Minimum bid lot is 35 shares
•Estimated listing target of ₹443 based on current grey market activity