RateGain Travel Technologies Limited
07 Dec 2021 – 09 Dec 2021
LISTED
Offer Price
₹405–425
Bid lot
35
Min Application
₹14,875
Issue Size
₹1,336 Cr
Key dates
Open date
07 Dec 2021
Done
Close date
09 Dec 2021
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
17 Dec 2021
Today
Issue reservation
₹1,336 CrQIB 50%Retail 35%5%
QIB
1.57 Cr sh · ₹668.00 Cr
Retail
1.10 Cr sh · ₹467.60 Cr
Employee
15.7 L sh · ₹66.80 Cr
BRLM: Kotak Mahindra Capital Company Limited · IIFL Securities Limited · Nomura Financial Advisory and Securities (India) Private Limited
Lot ladder — how much to bid
1 lot = 35 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
35 sh · ₹14,875
Max · 13 lots
455 sh · ₹1,93,375
S-HNI · ₹2 L to ₹10 L14–67 lots
Min · 14 lots
490 sh · ₹2,08,250
Max · 67 lots
2,345 sh · ₹9,96,625
B-HNI · Above ₹10 L68+ lots
Min · 68 lots
2,380 sh · ₹10,11,500
Entry point
₹10,11,500 onward
Issue details
Lead managersKotak Mahindra Capital Company Limited, IIFL Securities Limited, Nomura Financial Advisory and Securities (India) Private Limited
Face value₹10
Listing onNSE
RegistrarKFin Technologies Private Limited
Live subscription
7.90×
0×1×2×3×+
Oversubscribed
Book₹1,202 Cr
Subscribed₹9,494 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 1,57,17,647₹668.00 Cr | 13,23,42,588₹5,625 Cr | 8.42× |
| HNI | 47,15,294₹200.40 Cr | 19,82,30,964₹8,425 Cr | 42.04× |
| Retail | 1,10,02,353₹467.60 Cr | 8,88,99,011₹3,778 Cr | 8.08× |
| Employee | 15,71,765₹66.80 Cr | 21,53,318₹91.52 Cr | 1.37× |
| Total | 2,82,91,765₹1,202 Cr | 22,33,94,917₹9,494 Cr | 7.90× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 5,624.56 |
| HNI | 8,424.82 |
| Retail | 3,778.21 |
| Employee | 91.52 |
| Total | 9,494.28 |
Amounts at the upper band (₹425). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the RateGain Travel Technologies Limited IPO?
One lot of 35 shares — ₹14,875 at the upper price band of ₹425.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2021-12-17 on NSE.