
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
+4.2%
Est. Listing
₹443
at current GMP
Subscribed
—
Open
7 Dec 2021
Close
9 Dec 2021
Allotment
14 Dec 2021
Refund
15 Dec 2021
Demat Credit
16 Dec 2021
Listing
17 Dec 2021
Designated Registrar: Kfin Technologies Limited
Allotment Date
14 Dec 2021
Basis finalization
Refunds Initiate
15 Dec 2021
Mandate release
Demat Credit
16 Dec 2021
Shares in demat
Listing Debut
17 Dec 2021
Trading begins
Rategain Travel Technologies Limited is bringing an initial public offering (IPO) in the Technology sector with an aggregate issue size of ₹1,335.74 Crores. The shares are offered at a price band of ₹405 to ₹425 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2021-12-09, the basis of allotment is scheduled to be finalized on 2021-12-14. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.