Rategain Travel Technologies IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 07 Dec 2021 - 09 Dec 2021
Issue Size ₹1335.74 Cr
Issue Price ₹405-425
Market Lot 35 Shares
Shares on Offer 22,605,530
Registrar KFintech
GMP ₹75-80
Kostak ₹300
Subject to Sauda ₹900
Listing Date 17 Dec 2021
Listing Price ₹364.80
Listing Gain% 14.16

About Rategain Travel Technologies Limited

They are a SaaS company in the hospitality and travel industry offering solutions across a wide spectrum of verticals including hotels, airlines, online travel agents, meta-search companies, vacation rentals, package providers, car rentals, rail, travel management companies, cruises and ferries.

They offer a suite of inter-connected products that manage the revenue creation value chain for our customers by leveraging our big-data capabilities and integration with other technology platforms helping hospitality and travel providers acquire more guests, retain them via personalized guest experiences and seek to maximize their margins.

They want to be the leading revenue maximization platform for the travel industry and offer an integrated technology platform to help our customers increase their revenue through customer acquisition, retention and wallet share expansion.

They are the only SaaS company that unlocks revenue at every step of the traveler journey for more than 1500+ customers

Company Promoters

Bhanu Chopra and Megha Chopra are the company promoters.

Company Financials

Particulars 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets (In ₹ Millions) 4,398.04 3,971.08 2,849.02
Total Revenue (In ₹ Millions) 2,640.91 4,576.13 2,727.00
Profit After Tax (PAT) (In ₹ Millions) -285.75 -201.04 110.34

Grey Market Premium Updates

Date GMP Kostak Subject to Sauda
09 Dec 2021 ₹75-80 ₹300 ₹900
08 Dec 2021 ₹95-100 ₹300 ₹2000
07 Dec 2021 ₹115-120 ₹350 N/A

Strengths & Weaknesses

Strength
Weakness

Rategain Travel Technologies Limited IPO Reviews

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Subscription Details

Date & Time QIB NII RII Total
Day 1 - 07 Dec 2021 0.00 0.04 2.23 0.41
Day 2 - 08 Dec 2021 0.00 0.08 3.98 0.75
Day 3 - 09 Dec 2021 8.42 42.04 8.08 17.41

Allotment Status

Please click the link below to check the IPO allotment status.

IPO Allotment Status

Rategain Travel Technologies Limited IPO FAQs

  1. When will Rategain Travel Technologies Limited IPO open?

    Rategain Travel Technologies Limited IPO will open on 07 Dec 2021 and close on 09 Dec 2021.

  2. What is the listing date of Rategain Travel Technologies Limited IPO?

    Rategain Travel Technologies Limited IPO will list on 17 Dec 2021.

  3. What is the offer price of Rategain Travel Technologies Limited IPO?

    The offer price of Rategain Travel Technologies Limited IPO is ₹405-425.

  4. What is the lot size of Rategain Travel Technologies Limited IPO?

    The lot size of Rategain Travel Technologies Limited IPO is 35.

  5. What is the Grey Market Premium (GMP) price of Rategain Travel Technologies Limited IPO?

    The Grey Market Premium (GMP) price of Rategain Travel Technologies Limited IPO is ₹75-80.

  6. What is the Kostak price of Rategain Travel Technologies Limited IPO?

    The Kostak price of Rategain Travel Technologies Limited IPO is ₹300.

  7. What is the Subject to Sauda price for Rategain Travel Technologies Limited IPO?

    The Subject to Sauda price for Rategain Travel Technologies Limited IPO is ₹900.

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