RateGain Travel Technologies Limited IPO
RateGain Travel Technologies Limited was a mainboard IPO in the Computers - Software & Consulting sector, offered at ₹405–₹425 per share to raise ₹1,336 crore. The issue was subscribed 17.41× overall (QIBs 8.42×, NIIs 42.04×, retail 8.08×). It listed on 17 Dec 2021 at ₹360 and closed its first day at ₹340, a listing loss of -20.0% versus the ₹425 issue price. It now trades around ₹799 (+88.0% versus the issue price).
Frequently asked questions
- How many times was the RateGain Travel Technologies Limited IPO subscribed?
- The RateGain Travel Technologies Limited IPO was subscribed 17.41× overall — 8.42× in the QIB category, 42.04× among non-institutional investors, 8.08× in retail.
- What were the RateGain Travel Technologies Limited IPO listing gains?
- RateGain Travel Technologies Limited listed on 17 Dec 2021 at ₹360, closing its first day at ₹340 — a listing loss of -20.0% versus the ₹425 issue price.
- What were the retail allotment odds for the RateGain Travel Technologies Limited IPO?
- Retail was subscribed 8.08×, so a single-lot application had roughly a 12.4% chance of allotment (about 1 in 8), and allotment was finalised on 13 Dec 2021.
- What was the price band and lot size of the RateGain Travel Technologies Limited IPO?
- The price band was ₹405–₹425 per share, with a minimum lot of 35 shares (₹14,875 at the upper band).
- Who were the registrar and lead manager for the RateGain Travel Technologies Limited IPO?
- KFin Technologies Private Limited was the registrar, and Kotak Mahindra Capital was the book-running lead manager.