RateGain are a SaaS company in the hospitality and travel industry offering solutions across a wide spectrum of verticals including hotels, airlines, online travel agents, meta-search companies, vacation rentals, package providers, car rentals, rail, travel management companies, cruises and ferries.
Company offer a suite of inter-connected products that manage the revenue creation value chain for our customers by leveraging our 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 their margins.
RateGain Travel Technologies is the one of the leading distribution technology company globally and the largest Software as a Service (SaaS) provider in the travel and hospitality industry in India. Company offers travel and hospitality services across different verticals like hotels, airlines, online travel agents, meta-search companies, package providers, car rentals, cruises, and ferries. The business provides inter-connected products to manage the revenue creation value chain leveraging big data capabilities and integration and over the period, expanded product portfolio to artificial intelligence and machine learning capabilities.
Rategain Travel Technologies Limited IPO TimeTable
| Particular | Date |
| IPO Open Date | 07 Dec 2021 |
| IPO Close Date | 09 Dec 2021 |
| Allotment Date | 14 Dec 2021 |
| IPO Listing Date | 17 Dec 2021 |
Rategain Travel Technologies Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 1 Per Equity Share |
| IPO Price | Rs. 405 to Rs. 425 Per Equity Share |
| Market Lot | 35 Share |
| NSE Symbol | RATEGAIN |
| BSE Symbol | RATEGAIN |
| ISIN Code | |
| Listing At | NSE & BSE |
| Issue Size | Approx. Rs. 1336 Crore. |
RateGain Travel Technologies Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 35 | Rs. 14875 |
| Maximum | 13 | 455 | Rs. 193375 |
RateGain Travel Technologies Limited IPO Allotment Status
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Company Financials:
| Particular | 31 March 2021 | 31 March 2020 | 31 March 2019 |
| Total Assets | 4398.04 | 3971.08 | 2849.02 |
| Total Revenue | 2640.91 | 4576.13 | 2727 |
| Profit After Tax | (285.75) | (201.04) | 110.34 |
Company Promoters:
Bhanu Chopra & Megha Chopra are the company promoters.
Objects of this 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.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Rategain Travel Technologies Limited M-140, Greater Kailash Part II, New Delhi 110 048, Delhi, India Phone: +91 120 5057 000 Email: compliance@rategain.com Website: http://www.rategain.com/ | KFintech Private Limited Phone: 04067162222, 04079611000 Email: rategain.ipo@kfintech.com Website: https://karisma.kfintech.com/ |
