Thursday, December 16, 2021

RateGain IPO Listing on 17 December on NSE & BSE

RateGain IPO to list on NSE and BSE on 17 December 2021, Friday at 10:00 AM. The Delhi-based RateGain Travel Technologies Limited is the best distribution technology company and largest Software as a Service (SaaS) provider in India. The IPO subscribed 17.41x times that comprises Qualified Institutional Buyer (QIB) 8.42x, Non-institutional Bidders (NII) 42.04x, and Retail (RII) 8.08x. The company reported a loss of ₹28.58 crores in 2021 against a loss of ₹20.10 crores in 2020. The revenues were down in 2021 to ₹264 crores against ₹458 crores in 2020. The stock will list in B Group. As per the market speculations the stock might list in between ₹450 to ₹500 range. Check out the RateGain IPO listing details as given below:

Latest Update: RateGain IPO listed at 15% discount at 360 on NSE and 364 on BSE. The stock listed in discont as the indices opened lower and the Rategain share price not able to come up . Happy Investing!


    RateGain Share Price Live Quote

    Details BSE Listing NSE Listing
    IPO Price
    List Price
    High Price
    Low Price
    Close Price
    BSE Notice of Listing: Notice

    RateGain IPO Listing Details

    Find the RateGain IPO listing details like BSE Code, NSE Code, ISIN Number, and Listing Group. The information given below will help you on the RateGain share listing day.
    BSE Code543417
    GroupB Group
    ISIN NoINE0CLI01024
    Offer Price₹425
    Face Value₹51
    Listing Date17 December 2021, Friday

    Important Links:

    RateGain IPO Subscription Status (Final Data)

    Category Day 1 Day 2 Day 3
    QIB 0.00 0.00 8.42
    NII 0.04 0.08 42.04
    RII 2.23 3.98 8.08
    EMP 0.34 0.72 1.37
    Total 0.41 0.75 17.41

    RateGain IPO Date & Price Band

     IPO Open:  07 December 2021
     IPO Close:  09 December 2021
     IPO Size:  Approx ₹1,335 Crores
     Fresh Issue:  Approx ₹375 Crores
     Offer for Sale:  Approx 22,605,530 Equity Shares 
     Face Value:  ₹1 Per Equity Share
     Price Band:  ₹405 to ₹425 Per Share
     Listing on:  BSE & NSE
     Retail Quota:  10%
     QIB Quota:  75%
     NII Quota:  15%
     Discount:  ₹40 for Employees
     DRHP Draft Prospectus:  Click Here
     RHP Draft Prospectus:  Click Here

    RateGain IPO Market Lot

    The RateGain IPO minimum market lot is 35 shares with ₹14,875 application amount. The retail investors can apply up-to 13 lots, 455 shares with ₹193,375 application amount.
     Minimum Lot Size:  Minimum 35 Shares for 1 lot
     Minimum Amount:  ₹14,875 for 1 lot
     Maximum Lot Size:  Maximum 455 Shares for 13 lot
     Maximum Amount:  ₹193,375 for 13 lot

    RateGain IPO Time Table

    The RateGain IPO date is 07 December 2021 and the IPO close date is 09 December 2021. The allotment date is 17 December 2021 and the IPO may list on 17 December 2021.
     Price Band Announcement:  02 December 2021
     Anchor Investors Allotment:  06 December 2021
     IPO Open Date:  07 December 2021
     IPO Close Date:  09 December 2021
     Basis of Allotment:  14 December 2021
     Refunds:  15 December 2021
     Credit to Demat Account:  16 December 2021
     IPO Listing Date:  17 December 2021

    RateGain IPO Listing FAQs:

    When is RateGain IPO Listing Date?
    RateGain IPO listing date is 17 December 2021, Tuesday.

    What will be the estimated listing price of RateGain stock?
    As per the market speculations, the IPO might list at ₹450 to ₹500 level. If the market supports the stock might go on a higher side around ₹550+ level while on the downside the stock might hit to ₹400 level.

    How many returns are expected in RateGain IPO?
    The IPO might give a listing loss of ₹500 to ₹1500.

    What is RateGain Share Price on Listing Day?
    The IPO is listed at ₹360.00 on NSE and at ₹364.80 on BSE.

    Will RateGain will list on NSE and BSE?
    Yes, The IPO to list on NSE and BSE both the indices.

    Should I buy RateGain shares on a listing day?
    Long-term investors should buy the stock on a listing day. Stock Market investments are subject to market risks.

    What is a BSE and NSE Code for the RateGain IPO?
    The BSE Code is 543417 while NSE Code is RATEGAIN.