RateGain Travel Technologies IPO(RateGain IPO)

RateGain IPO 2021
Latest RateGain IPO | New RateGain IPO

Rategain are among the leading distribution technology companies globally and are the largest Software as a Service (“SaaS”) company in the hospitality and travel industry in India.

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

RateGain IPO

Competitive Strengths

  • 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 a track record of successful acceleration post acquisitions; and
  • Global and diverse management team with relevant technology and domain expertise and focus on employee welfare

Company Promoters

  • Bhanu Chopra
  • Megha Chopra

Company Financial

ParticularsFor the year/period ended ( in Cr.)
Total Assets439.80397.11284.90
Total Revenue264.09457.61272.70
Profit After Tax(28.58)(20.10)11.03

Object Of The Issue

  • Repayment/prepayment of indebtedness availed by RateGain UK, one of their Subsidiaries, from Silicon Valley Bank;
  • Payment of deferred consideration for the acquisition of DHISCO;
  • Strategic investments, acquisitions, and inorganic growth;
  • Investment in technology innovation, artificial intelligence, and other organic growth initiatives;
  • Purchase of certain capital equipment for their Data Center;
  • General corporate purposes
RateGain IPO
Object Of The Issue

RateGain Travel Technologies IPO Risk

  • The COVID-19 pandemic has had a substantial negative impact on their company and operating performance, and its future impact is unknown.
  • The activities of a small number of marketplaces account for a substantial percentage of their revenue.
  • They may not realise the expected advantages from their strategic investments and acquisitions, and they may fail to pursue future investments and acquisitions.
  • They may face new problems and dangers when they expand into new business sectors or product lines.
  • Exchange rate changes may negatively affect their results of operations.
  • Failure to defend their intellectual property rights may have a negative impact on their business and brand.

Other Threats

  • They face risks as a result of their growth into new geographic areas.
  • Their failure to change their pricing methods in order to maintain existing consumers and attract new ones might be detrimental to their business.
  • They have a history of net losses, and they expect their costs to rise in the future.
  • Failure to deliver excellent customer service and assistance may have a negative impact on their existing client relationships.
  • Their sales efforts take a lot of time and money, and their sales cycle is frequently protracted and unpredictable
  • Their company may suffer if we do not adequately manage their expansion.
  • There are ongoing legal procedures against their company and its promoters

RateGain IPO – Details

IPO Opening Date07 December 2021
IPO Closing Date09 December 2021
Issue TypeBook Built Issue IPO
Issue Size₹ 1335.21 Crore
Face Value₹1 per equity share
IPO Price₹ 405 To ₹425 Per Equity Share
Market Lot35 Shares (1 Lot)
Min Order35 Shares
Listing AtBSE, NSE
RegisterK FinTech Private Limited

RateGain IPO – Date Schedule

IPO Open Date07 December 2021
IPO Close Date09 December 2021
Basis of Allotment Date14 December 2021
Initiation of Refunds15 December 2021
Credit of Shares to Demat Account16 December 2021
IPO Listing Date17 December 2021

RateGain IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)

Promoters Holding

Pre Issue Share Holding81.50%
Post Issue Share Holding

RateGain Travel Technologies IPO Prospectus

Company Contact Information

RateGain Travel Technologies Limited

M-140, Greater Kailash Part II,
New Delhi 110 048, Delhi, India

Tel: +91 120 5057 000
E-mail: compliance@rategain.com

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: rategain.ipo@kfintech.com
Website: www.kfintech.com

RateGain IPO Lead Manager(s)

1. IIFL Securities Limited
2. Kotak Mahindra Capital Company Limited
3. Nomura Financial Advisory and Securities (India) Private Limited

RateGain IPO FAQs

When RateGain IPO will open?

The RateGain IPO dates are 07 December 2021 To 09 December 2021.
What is the lot size of RateGain IPO?

RateGain IPO lot size is [35 Shares] Shares and total amount is [Rs 14,875].
How to apply for RateGain IPO?

You can apply in RateGain IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.
When is RateGain IPO listing date?

The RateGain IPO listing date is announced. The date of RateGain IPO listing is 17 December 2021.


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