RateGain Travel Technologies IPO Closed
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About RateGain Travel Technologies
RateGain Travel Technologies is amongst the leading distribution technology companies globally. It is the largest Software as a Service (SaaS) company in the hospitality and travel industry in India.
The company 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.
The company’s products are classified into three strategic business units:
- Data as a Service (“DaaS”)
- Distribution
- Marketing Technology.
As of September 30, 2021, the company served 1,462 customers including eight Global Fortune 500 companies.
Financial Snapshot
| Financial Year Ended | Revenue (₹ Crores) | PAT (₹ Crores) | EPS (₹) |
| March 2019 | 272.70 | 11.03 | 1.24 |
| March 2020 | 457.61 | -20.10 | -2.27 |
| March 2021 | 264.09 | -28.58 | -3.09 |
| As of August 31, 2020 | 105.95 | -7.86 | -0.88 |
| As of August 31, 2021 | 131.22 | -8.34 | -0.86 |
IPO Schedule
| Issue Period | 7th December to 9th December |
| Finalization of Allotment | 14th December 2021 |
| Initiation of Refunds | 15th December 2021 |
| Credit of Shares | 16th December 2021 |
| Date of Listing | 17th December 2021 |
| Mandate end date | 25th December 2021 |
How do I apply to the RateGain Travel Technologies IPO?
You can apply for the RateGain Travel Technologies IPO using any supported UPI app by following two steps:
- Enter your bid on Console
- Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
Where do I check the allotment status for RateGain Travel Technologies IPO?
You can check the allotment status for the RateGain Travel Technologies IPO on the website of the Registrar and Transfer agent.
Alternatively, you can also check the allotment status on the NSE website. The tentative date of allotment is 14th December 2021.