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 | ₹425.00 | ₹425.00 |
| List Price | ₹364.80 | ₹360.00 |
| High Price | ₹382.00 | ₹383.00 |
| Low Price | ₹334.`0 | ₹333.85 |
| Close Price | ₹340.50 | ₹340.05 |
| Volume | 757,616 | 18,246,520 |
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 Code | 543417 |
| NSE Code | RATEGAIN |
| Group | B Group |
| ISIN No | INE0CLI01024 |
| Offer Price | ₹425 |
| Face Value | ₹51 |
| Listing Date | 17 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.
