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RateGain Travel Technologies Limited logo

RateGain Travel Technologies Limited IPO

Mainboard IPOListedRATEGAINNSE
Current Market Price (CMP)
₹764.10(+79.79%)
Current Price (CMP)
₹764.10(+79.79%)

Live Market Quote

Listing Price & Gain
₹360(-15.29%)

Day 1 Exchange Open

IPO Issue Price
₹425

Band: ₹405 - ₹425

Total Subscription
17.41x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
07 Dec 2021
IPO Bidding Closes
09 Dec 2021
Allotment & Refunds
Completed
Exchange Listing Day
17 Dec 2021

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 17.41x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)8.42x
Non-Institutional Investors (NII / HNI)42.04x
Retail Individual Investors (RII)8.08x
Employees Reservation1.37x
Total Subscription17.41x
Updated as on 09th Dec 2021 at 1700 hrs

Listing Day & Return Performance

Listing Day Gain-15.29%
₹425 (Issue) → ₹360 (List)
Per share profit: ₹-65.00
Holding Return (Till Date)+79.79%
₹425 (Issue) → ₹764.10 (CMP)
Net gain per share: +₹339.10
Post-Listing Performance (Listing Day → Today):+112.25%

About RateGain Travel Technologies Limited IPO

RateGain Travel Technologies Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 07 Dec 2021 and concluded on 09 Dec 2021, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹405 - ₹425.

During the bidding window, RateGain Travel Technologies Limited witnessed heavy demand with an overall subscription of 17.41 times. Institutional investors (QIB) subscribed 8.42x, non-institutional high-net-worth investors (NII) subscribed 42.04x, and retail individual investors (RII) bid 8.08x their reserved quota, alongside employee participation of 1.37x.

The equity shares of RateGain Travel Technologies Limited officially debuted on the stock exchanges on 17 Dec 2021 at an opening listing price of ₹360, delivering a listing day return of -15.29% (discount) over the final issue price. As per the latest market data, the stock trades at ₹764.10, representing an overall gain of +79.79% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of RateGain Travel Technologies Limited IPO?
The issue price of RateGain Travel Technologies Limited IPO was fixed at ₹425 per equity share. The indicative bidding price band was ₹405 - ₹425.
What were the open, close, and listing dates for RateGain Travel Technologies Limited IPO?
RateGain Travel Technologies Limited IPO opened on 07 Dec 2021, closed on 09 Dec 2021, listed on 17 Dec 2021.
How much was RateGain Travel Technologies Limited IPO subscribed?
The IPO received an overall subscription of 17.41 times. Category-wise, QIBs subscribed 8.42x, NIIs subscribed 42.04x, and Retail investors subscribed 8.08x.
What was the listing price and listing gain of RateGain Travel Technologies Limited IPO?
RateGain Travel Technologies Limited IPO listed on the stock exchange at ₹360, delivering a listing discount of 15.29% compared to the IPO issue price of ₹425.
Is RateGain Travel Technologies Limited IPO a Mainboard or SME IPO?
RateGain Travel Technologies Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of RateGain Travel Technologies Limited IPO since its IPO?
At the latest market quote of ₹764.10, RateGain Travel Technologies Limited IPO has generated an all-time return of +79.79% since its initial public offering.

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