RateGain Travel Technologies IPO Closed

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IPO date 07 Dec 2021 – 09 Dec 2021
Listing date 17 Dec 2021
Price range 405 – 425
Minimum order quantity 35
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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:
  1. Data as a Service (“DaaS”)
  2. Distribution
  3. 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.