RateGain IPO Date – The RateGain IPO open date is Dec 7, 2021, and the close date is Dec 9, 2021. The issue may list on Dec 17, 2021.
RateGain IPO Promoters – Bhanu Chopra and Megha Chopra are the company promoters.
RateGain IPO Price Band – The company to raise Rs 1335 crores via IPO at a price band of Rs 405 to 425.
RateGain IPO Lot Size – The RateGain IPO market lot size is 35 shares. A retail-individual investor can apply for up to 13 lots (455 shares or Rs 193,375).
RateGain IPO Equity Size – RateGain Travel Technologies IPO comprises a fresh issue of equity shares aggregating up to 375 crore and an offer for sale (OFS) of up to 2.26 crore equity shares by promoters and existing shareholders.
RateGain IPO Listing Date – The issue may list on Dec 17, 2021.
RateGain IPO Subscription – The RateGain IPO is subscribed 0.55 times. The public issue subscribed 2.98 times in the retail category, 0.00 times in the QIB category, and 0.04 times in the NII category.
RateGain IPO Allotment Status – These are the following ways to check the allotment status of IPO:
You can check your Demat account or ask your stockbroker. If the equity shares are credited into your Demat account then you have got the allotment. You can log in to your Bank Account to check if the amount is Debited or not or visit this link and select the IPO to check the Status. You can Click on Registrar Link and check the Allotment.
RateGain IPO Financial Statements –
|Particulars||For the year/period ended (Rs in Millions)|
|Profit After Tax||– 83.37||– 285.75||– 201.04||110.34|
Objects of the Issue:
The IPO aims to utilize the net proceed towards the following purposes;
- Repayment and/or prepayment of indebtedness availed by Rategain UK.
- Make payment of deferred consideration for acquisition of DHISCO.
- Strategic investments, acquisition, and inorganic growth.
- To make investment in technology innovation, artificial intelligence, and other organic growth initiatives.
- Purchase capital equipment for the company’s data center, and
- Meet general corporate purposes.
RateGain IPO Grey Market Premium – This IPO GMP To be updated.
RateGain IPO Listing Price – To be updated.