The largest Software as a Service (SaaS) provider company RateGain IPO will open on 07 December 2021 and close on 09 December 2021. The company wants to raise ₹1,335.73 crore through this IPO. The IPO will have a fresh issue of ₹375 crore and an offer for sale of ₹960.73 crore. The company fixed the price band of this IPO at ₹405 to ₹425 Per Share.
Rategain Travel Technologies is one of the leading distribution technology companies globally and are the largest Software as a Service (“SaaS”) company in the hospitality and travel industry in India. We offer travel and hospitality solutions across a wide spectrum of verticals including hotels, airlines, online travel agents (“OTAs”), meta-search companies, vacation rentals, package providers, car rentals, rail, travel management companies, cruises and ferries. We are one of the largest aggregators of data points in the world for the hospitality and travel industry.
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We 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.
RateGain IPO Review :
■ Apply for Short Listing Gain And Long Term
RateGain IPO Date & Price Band & Details :
| IPO Open : | 07 December 2021 |
| IPO Close : | 09 December 2021 |
| IPO Size : | ₹1335.74. Cr |
| Face Value : | ₹1 Rs. Equity Share |
| Price Band : | ₹405–₹425 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹1335.73. Cr |
| Fresh Issue : | ₹375. Cr |
| Offer For Sale : | ₹960.73. Cr |
RateGain IPO GMP :
| Check Out Now : | RateGain IPO GMP |
RateGain IPO Market Lot :
RateGain IPO Minimum Market lot is 1 Lot with 35 shares with ₹14,875 Application amount. The retail investors can apply up to 13 lots with 455 Shares or ₹1,93,375 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 35 Shares |
| Minimum Amount : | ₹14,875 |
| Maximum Lot Size : | 13 Lot |
| Maximum shares : | 455 Shares |
| Maximum Amount : | ₹193,375 |
RateGain IPO Shares Offer :
A Total of 31,429,059 shares are to be bid for the public issue by RateGain IPO with 82,23,529 for Fresh issue and 22,605,530 for offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | 82,23,529 | ₹375.00 Cr |
| Offer For Sale : | 22,605,530 | ₹960.73 Cr |
| Total : | 31,429,059 | ₹1335.73 Cr |
RateGain IPO Reservation :
RateGain IPO Total Reservation of 31,429,059 shares are to be bid for the public issue by RateGain IPO with 23,571,794 for QIB and 47,14,359 for NII 31,42,906 For RII & 1,29,870 Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 75% | 23,571,794 | ₹1001.80 Cr |
| NII : | 15% | 47,14,359 | ₹200.36 Cr |
| RII : | 10% | 31,42,906 | ₹133.57 Cr |
| EMP : | – % | – | ₹ |
| Total : | 100% | 31,429,059 | ₹1335.73 Cr |
RateGain IPO EPS :
The RateGain company’s EPS growth is decreasing every year, which is shown to you in the table here.
| Year | EPS Growth in (Rs.) |
| 2021-3M | ₹2.10 |
| 2021 | ₹3.09 |
| 2020 | ₹2.27 |
| 2019 | ₹1.24 |
RateGain IPO Peer Comparison PE :
There are no listed companies in India that engage in a business similar to that of our Company.
| Sr. No. | Company | PE Ratio |
| 1. | N/A | – |
RateGain IPO Dates :
RateGain IPO Date is 07 December and the close date is 09 December 2021. The allotment will be finalized on 14 December 2021 and the IPO may list on 17 December 2021.
| Open Date : | 07 December 2021 |
| Close Date : | 09 December 2021 |
| Allotment Date : | 14 December 2021 |
| Refund Date : | 15 December 2021 |
| Share Credit Date : | 16 December 2021 |
| Listing Date : | 17 December 2021 |
RateGain IPO Form :
There are two ways to apply in RateGain IPO. You can apply for RateGain IPO through ASBA available in your bank account. You have to go to your online bank login and select RateGain IPO in the Invest section and apply through your bank account. Another option is you can apply for RateGain IPO through IPO form download through NSE and BSE. See the RateGain IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
RateGain Company Financial Report (Cr) :
| Year | Revenue | Expense | PAT |
| 2021 | ₹2,640.91 | ₹2,887.19 | ₹285.75 |
| 2020 | ₹4,576.13 | ₹4,753.75 | ₹201.04 |
| 2019 | ₹2,727.00 | ₹2,632.13 | ₹110.34 |
About RateGain Company
Our Company was originally incorporated in New Delhi as ‘Ridaan Real Estate Private Limited’ as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated November 16, 2012, issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana at New Delhi (“RoC”). Pursuant to a scheme of arrangement and demerger approved by the High Court of Delhi on November 25, 2014 (“Scheme of Arrangement and Demerger”).
Our Company acquired the business of providing web-based solution to hospitality and travel sector of RateGain IT Solutions Private Limited. Subsequently, the name of our Company was changed to ‘RateGain Travel Technologies Private Limited’ and a fresh certificate of incorporation dated February 25, 2015 was issued by the RoC. Thereafter, our Company was converted into a public limited company pursuant to a shareholders’ resolution dated July 15, 2021 and consequently, the name of our Company was changed to ‘RateGain Travel Technologies Limited’ and a fresh certificate of incorporation dated July 27, 2021 was issued by the RoC
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We 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.
We 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.
We serve a large and rapidly growing total addressable market. Third party travel and hospitality technology is estimated to be a US$ 5.91 billion market in 2021 growing to an estimated U$ 11.47 billion in 2025 at a CAGR of 18%. Enterprise applications focused on guest acquisition, distribution, revenue maximization and wallet share expansion in the hospitality and travel industry have a serviceable addressable market size of $4.34 billion in 2021, growing to an estimated US$ 8.45 billion in 2025.
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This is a large and rapidly growing addressable market opportunity for a vertical specific platform company like ours. The travel technology segment is further favoured by industry tailwinds of digitization in the post COVID times. According to Phocuswright, pre-COVID-19 in 2019, the global travel and tourism industry was 10.4% of the global GDP but faces a number of challenges, the most critical of them being low digitization and disparate systems that are not inter-operable.
Our Company Strenghts
- Marquee global customers with long-term relationships
- Innovative AI driven industry relevant SaaS solutions
- Diverse and comprehensive portfolio of revenue maximization and business critical solutions
- Strong financial performance with track record of successful acceleration post acquisitions
- Global and diverse management team with relevant technology and domain expertise and focus on employee welfare
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Company Promoters :
■ Bhanu Chopra
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
RateGain IPO Lead Managers :
■ Kotak Mahindra Capital Company Limited
■ IIFL Securities Limited
■ Nomura Financial Advisory and Securities (India) Pvt Ltd
RateGain IPO Registrar :
KFin Technologies Private Limited
Selenium, Tower B, Plot No – 31 and 32
Financial District, Nanakramguda, Serilingampally
Hyderabad, Rangareedi 500 032 Telangana, India
Tel: + 91 40 6716 2222
E-mail: [email protected]
Investor Grievance E-mail: [email protected]
Contact Person: M Murali Krishna
Website: www.kfintech.com
Note: Check RateGain IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
RateGain Private Limited
M-140, Greater Kailash Part II,
New Delhi 110 048, Delhi,
India
Tel: +91 120 5057 000;
E-mail: [email protected]
Website: www.rategain.com
RateGain IPO FAQs :
What is RateGain IPO?
RateGain IPO is Mainboard IPO. They are going to raise ₹1335.73. Crores via IPO. The issue is priced at ₹405-₹425 per equity share. The IPO is to be listed on NSE, BSE.
When RateGain IPO will open?
The IPO is to open on 07 Dec 2021 – 09 Dec 2021 for QIB, NII & RII.
What is RateGain IPO Size?
RateGain IPO size is ₹1335.73 Crores.
What is the Fresh issue size of RateGain IPO?
The Fresh issue size of RateGain IPO ₹375 Cr.
What is the Offer For Sale size of RateGain IPO?
The Offer For Sale size of RateGain IPO ₹960.73 Cr.
What is RateGain IPO Price Band?
RateGain IPO Price Band is ₹405-₹425 Per share.
What is RateGain IPO Minimum and Maximum Lot Size?
The minimum bid is 1 Lot, 35 Shares with ₹14,875 amount while the maximum bid is 13 Lot, 455 shares with ₹193,375.
What is RateGain IPO Investors Portion?
The investors’ portion for QIB 75%, NII 15%, RII 10%.
What is RateGain IPO Allotment Date?
RateGain IPO allotment date is 14 December 2021.
What is RateGain IPO Listing Date?
RateGain IPO listing date is 17 December 2021. The IPO to list on NSE, BSE.
How to Apply the RateGain IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “RateGain IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the RateGain IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “RateGain IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the RateGain IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “RateGain IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the RateGain IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “RateGain IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
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