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 current subscription status of Rategain Travel Technologies Limited IPO?

Rategain Travel Technologies Limited IPO has received a total subscription of 0.00 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

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 Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

0.00x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 0.00x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	15,714,588	—	0.00x
Non-Institutional (NII / HNI)	4,714,376	—	0.00x
Retail Individual (RII)	11,000,212	—	0.00x
Total	31,429,176	0	0.00x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.00x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	314,292	314,292	1.00x
HNIs (10L +)	2,010	2,010	1.00x
HNIs (2-10L)	9,621	9,621	1.00x
Total Applications	325,923	325,923	1.00x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Rategain Travel Technologies Limited Public Issue & Market Profile

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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.

Frequently Asked Questions

What is Rategain Travel Technologies Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Rategain Travel Technologies Limited IPO is ₹18 per equity share. Based on the upper price band of ₹405 to ₹425 per equity share, the estimated listing price is ₹443 (+4.2% expected listing gain).

What is the expected profit per lot for Rategain Travel Technologies Limited IPO?

With a lot size of 35 shares and current GMP of ₹18, the expected profit per application lot is approx ₹630 (+4.2% gain). Minimum application cost is approx ₹14,875.

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

The Rategain Travel Technologies Limited IPO aggregate issue size is ₹1,335.74 Crores with an equity price band set at ₹405 to ₹425 per equity share. The retail lot size is 35 shares requiring a minimum capital outlay of approx. ₹14,875.

How can I check Rategain Travel Technologies Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will Rategain Travel Technologies Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2021-12-14. Investors can verify status using PAN card or application number.

When is the listing date for Rategain Travel Technologies Limited IPO?

Rategain Travel Technologies Limited shares are scheduled to list on NSE and BSE on 2021-12-17.