RateGain Travel Technologies Limited IPO, RateGain IPO

Rategain Travel Technologies Limited IPO

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Company All Details

Founded

2012

Managing Director

Bhanu Chopra

Company Promoters:

The promoters of Company, Bhanu Chopra and Megha Chopra.

About the company.

The company is among the leading distribution technology companies globally and is
the largest Software as a Service (“SaaS”) company in the hospitality and travel
industry in India. It offers 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. It is one of the largest aggregators of data points in
the world for the hospitality and travel industry.

It offers
a suite of inter-connected products that manage the revenue creation value chain for
its customers by leveraging the 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 its margins.

Objects Of The Offer:

1. Repayment/prepayment of indebtedness availed by RateGain UK, its subsidiary.
2. Payment of deferred consideration for acquisition of DHISCO.
3. Strategic investments, acquisitions and inorganic growth.
4. Investment in technology innovation, artificial intelligence and other organic growth initiatives.
5. Purchase of certain capital equipment for its data center.
6. General corporate purposes.

RateGain IPO Details:

Issue Amount : Upto Rs 1,336 Cr
Post Issue Implied Market Cap: Upto ₹4,537 Cr at Upper band
Total shares on offer : Upto 31,441,282 Equity Shares
Face Value : ₹1 per share
Price Band : ₹405 to ₹425
Lot Size : 27 shares
Rategain Travel Technologies IPO Registrar : Kfin Technologies Pvt Ltd.

RateGain Travel Technologies Limited IPO Timeline, I.P.O Open Date, Listing Date, Refund Date

IPO Open Date	Dec 7, 2021
IPO Close Date	Dec 9, 2021
Basis of Allotment Date	Dec 14, 2021
Initiation of Refunds	Dec 15, 2021
Credit of Shares to Demat Account	Dec 16, 2021
IPO Listing Date (Trading commence)	Dec 17, 2021

Offer Breakup

Category	Allocation
Qualify Institutional Bidders (QIB)	75%
Non Institutional Byers (NIB)	15%
Retail Individual Investor (RII)	10%
Employee	–
Total	100%

Important Financial Data:

For the year/period ended (₹ in Crore) Last Three Year

Particulars (in ₹ Crore)	As at March 31, 2021	As at March 31, 2020	As at March 31, 2019
Total Assets	440	397	285
Total Revenue	264	485	273
Net Profit & Loss for the period	-29	-20	11

Prospectus Document:

Download DRHP File

What is RateGain Travel Technologies Limited I.P.O?

Issue Amount : Upto Rs 1,336 Cr.

What is RateGain IPO?

Issue Amount : Upto Rs 1,336 Cr.

RateGain Travel Technologies Limited IPO Open?

07 Dec 2021 to 09 Dec 2021.

RateGain IPO Open?

Dec 7 2021 to Dec 9 2021.

“Registered Office”

RateGain Travel Technologies Limited
M-140
Greater Kailash Part II
New Delhi 110 048
Delhi, India.

How to apply on Zerodha, RateGain Travel Technologies Limited IPO I.P.O. through Zerodha?

Zerodha customers can apply online in Tarsons Products IPO using UPI as a payment gateway. Zerodha customers can apply in RateGain IPO by login into Zerodha Console (back office) and Select an IPO application form.

Steps to apply in RateGainIPO through Zerodha.
1. Visit the Zerodha website or Kite App and login to Zerodha.
2. Go to Console area and click the IPOs link.
3. Go to the ‘RateGain Limited IPO’ row and click the ‘Bid’ button.
4. Enter your UPI ID, Quantity, and Price.
5. ‘Submit’ IPO application form.
6. After Successfully submitting application, Visit the UPI App and approve the mandate (Enter your UPI pin & pay the ipo amount)
7. IPO application is complete you can chek status on zerodha console.