
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
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹425
Band: ₹405 – ₹425
Estimated Listing Price
₹443
Upper price + GMP
Lot Size
35 shares
Min investment ₹14,875
Estimated Profit / Lot
₹630
35 × ₹18
Grey Market Premium trend
+₹18
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹18 | 4.2% | ₹443 |
| 30 Oct 2026 | +₹18 | 4.2% | ₹443 |
| 29 Oct 2026 | +₹16 | 3.8% | ₹441 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
The latest grey market premium for Rategain Travel Technologies Limited IPO is ₹18, which indicates an expected listing price of ₹443.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.