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Rategain Travel Technologies Limited IPO (RateGain IPO) Detail

Dec 7, 2021 - Dec 9, 2021

RateGain Travel Technologies is one of the leading distribution technology companies globally and the largest Software as a Service (SaaS) provider in the travel and hospitality industry in India. The firm 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 delivers travel and hospitality technology solutions through the SaaS platform through 3 business units; 1. Data as a Service (DaaS), 2. Distribution, and 3. Marketing Technology (MarTech). As of June 30 2021, the business serves over 1400 customers including 8 Global Fortune 500 Companies. Six Continents Hotels, InterContinental Hotels Group, Kessler Collection, Lemon Tree Hotels, Oyo Hotels, and Homes Pvt Ltd are some of the marquee customers served by the company.

Competitive strengths

  • Strong customer base with 1434 customers including 8 Global Fortune 500 Companies as of June 30, 2021.
  • Innovative Artificial intelligence-driven industry-relevant SaaS solution provider.
  • Comprehensive product portfolio solutions for the travel and hospitality industry.
  • Strong financial performance with an established track record of successful acceleration post-acquisition.
  • Diversified management team with domain expertise.

Company Financials

Summary of financial Information (Restated Standalone)
Particulars For the year/period ended (₹ in Millions)
31-Aug-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 4,281.89 4,398.04 3,971.08 2,849.02
Total Revenue 1,312.23 2,640.91 4,576.13 2,727.00
Profit After Tax - 83.37 - 285.75 - 201.04 110.34

Objects of the 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.

RateGain IPO Details

IPO Date Dec 7, 2021 to Dec 9, 2021
Listing Date Friday, December 17, 2021
Face Value ₹1 per share
Price ₹405 to ₹425 per share
Lot Size 35 Shares
Issue Size[.] shares of ₹1
(aggregating up to ₹1,335.74 Cr)
Fresh Issue[.] shares of ₹1
(aggregating up to ₹375.00 Cr)
Offer for Sale22,605,530 shares of ₹1
(aggregating up to ₹960.74 Cr)
Employee Discount 40
Issue Type Book Built Issue IPO
Listing At BSE, NSE
QIB Shares OfferedNot less than 75% of the issue
NII (HNI) Shares OfferedNot more than 15% of the issue
Retail Shares OfferedNot more than 10% of the issue
Company Promoters

Bhanu Chopra and Megha Chopra are the company promoters.

RateGain IPO Tentative Timetable

RateGain IPO opens on Dec 7, 2021, and closes on Dec 9, 2021. The RateGain IPO bid date is from Dec 7, 2021 10.00 A.M. to Dec 9, 2021 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Tentative Date
Opening Date Dec 7, 2021
Closing Date Dec 9, 2021
Basis of Allotment Dec 14, 2021
Initiation of Refunds Dec 15, 2021
Credit of Shares to Demat Dec 16, 2021
Listing Date Dec 17, 2021

RateGain IPO Lot Size

The RateGain IPO lot size is 35 shares. A retail-individual investor can apply for up to 13 lots (455 shares or ₹193,375).

Application Lots Shares Amount
Retail (Min) 1 35 ₹14,875
Retail (Max) 13 455 ₹193,375

RateGain IPO Promoter Holding

Pre Issue Share Holding 67.29%
Post Issue Share Holding 56.72%

RateGain IPO Review

While this company has been posting losses post-pandemic in line with general trends for the segments, it kept adding its services and has widened its products folio from 4 to 10 during this period. Opening up of the economy will have fast forward mode for travel and hospitality segment which augurs well for this global player. No doubt, the ongoing pandemic scare with a new variant (Omicron) is keeping a tab on the general sentiment, RTTL will emerge as the niche player with its widened product portfolio. Post listing, this company may generate first-mover fancy and gain momentum. Negative earnings are a concern for a while, but keeping future prospects in mind, risk seeker/cash surplus investors may consider an investment with a long term perspective. Others may skip it. Read detail review...


RateGain IPO Subscription Status (Bidding Detail)

The RateGain IPO is subscribed 17.41 times on Dec 9, 2021 5:00:00 PM. The public issue subscribed 8.08 times in the retail category, 8.42 times in the QIB category, and 42.04 times in the NII category. Check Day by Day Subscription Details (Live Status)

Application Wise IPO Subscription (Retail): 7.34 times

CategorySubscription (times)
QIB8.42
NII42.04
Retail8.08
Employee1.37
Total17.41

RateGain IPO Prospectus

RateGain IPO Rating

856
3.8
Rating:Rated 3.8 stars
Vote Here ...

RateGain IPO Listing Date

Listing Date Friday, December 17, 2021
BSE Script Code 543417
NSE Symbol RATEGAIN
Listing In B Group of Securities
ISIN INE0CLI01024
IPO Price ₹425 per share
Face Value ₹1 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE
₹425.00
₹364.80
₹334.10
₹382.00
₹340.50
NSE
₹425.00
₹360.00
₹333.85
₹383.00
₹340.05

Company Contact Information

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: https://rategain.com/

RateGain IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000
Email: rategain.ipo@kfintech.com
Website: https://karisma.kfintech.com/

RateGain IPO FAQs

RateGain IPO is a main-board IPO of [.] equity shares of the face value of ₹1 aggregating up to ₹1,335.74 Crores. The issue is priced at ₹405 to ₹425 per share. The minimum order quantity is 35 Shares.

The IPO opens on Dec 7, 2021, and closes on Dec 9, 2021.

KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in RateGain IPO using UPI as a payment gateway. Zerodha customers can apply in RateGain IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in RateGain IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'RateGain IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The RateGain IPO opens on Dec 7, 2021 and closes on Dec 9, 2021.

RateGain IPO lot size is 35 Shares and the minimum order quantity is .

You can apply in RateGain IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for RateGain IPO will be done on Dec 14, 2021, and the allotted shares will be credited to your demat account by Dec 16, 2021. Check the RateGain IPO allotment status.

The RateGain IPO listing date is on Friday, December 17, 2021.
Open an Instant Account with Zerodha

RateGain IPO Message Board

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1086 Comments

395. mann mundra |   Link |Feb 4, 2022 7:31:36 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Rate gain ,
Star health ,
Paytm,
Cartrade,
Sjs ent,
P.b fintech,
Fino payment bank ,
Aditya birla amc , Glanmark life science,Nuvaco , windlas ,
krasnaa , ect ect....
In sab ipo ki anchor list bahut strong thi lekin listing ke baad inko lene koi nahi aaya balki jo bhi anchor the wo bhi 1 months ke bad apna maal bech ke nikal gaye .

394. arunARUN |   Link |Jan 8, 2022 1:03:27 PM
IPO Guru IPO Guru (1300+ Posts, 1200+ Likes)
IPO listing dust seems to have settled. Another point to watch would be anchor unlocking day.
394.1. IPO Mitr |   Link |Jan 14, 2022 10:28:52 AM
Rategain travel is on fire for last couple of days. Whoever had the patience to hold would not have exited in loss but also would have earned decent gains from this stock. Once again it is proved that market is SUPREME and will humble anyone who believes that he/she knows all. Invest judiciously and safely and based on your own risk profile.
393. lokes |   Link |Dec 16, 2021 2:18:39 PM
IPO Guru IPO Guru (3500+ Posts, 4000+ Likes)
I have allotted 3 lots here. Will sell all tomorrow whatever price i will get, no plan of holding any short/medium/long term.
393.13. Suneel Padavala |   Link |Dec 17, 2021 5:35:52 PM
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)
@Lokes, @All,
Alloted 84 shares and sold all 84 shares @ 370 Rs.
Booked loss of 4620/-.
If the markets go down like this due to Omicron, then this stock may go down to 300 levels....
In 2021, this is the first IPO where loss is booked. No regrets, as we can''t expect profit in every stock. I think, i will recover this loss in Medplus.
393.14. lokes |   Link |Dec 22, 2021 2:27:10 PM
IPO Guru IPO Guru (3500+ Posts, 4000+ Likes)
good that only 2 retail application lots were sold on 17th, one lot (42 shares) from hni application is still pending. It has shown good upmove in last 2 days, as listing was much low due to market so now share recovered as market also recovered.
Goldman sachs buying also boosted sentiments and most of the retailers got out on first day so less selling pressure now, all that added to this recovery.
Will sell remaining 42 shares in 1-2 days above 400.
392. Gaurav DD dimer |   Link |Dec 20, 2021 9:27:33 AM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Yesterday, i m having a exam,

so not tracked the share and not sold,
what is the best price to book loss now? yeah not expected to get a issue price again, but what price it can reach by max?
392.3. mvsmr |   Link |Dec 22, 2021 10:51:20 AM
Exit at the current price of 386.55 for the allotted lot, booked minimal loss
392.4. Gaurav DD dimer |   Link |Dec 22, 2021 12:07:12 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Sold today at 399.
391. Vishalseth patel |   Link |Dec 20, 2021 12:29:25 AM
Any idea good price to enter in rategain
391.1. VentureStack Partners |   Link |Dec 20, 2021 4:40:14 PM
Greetings @VishalsethPatel! A correcting market would put forth several opportunities in a thousand times better scripts to take fresh positions for delivery based trades. We suggest you keep away from highly speculative stocks in a bearish market as it may lead to capital erosion. Hope you get the idea what we are trying to convey here. If you still wish to enter Rategain, this is probably not the best of time to do so. The IPO listing dust still hasn''t settled and would remain speculative as far as QIB positions are concerned, the markets are predictably turning bearish, the company''s income from operations are too far away from delivering any sustainable profits, and the rapid spread of omicron is wrecking havoc in all its glory on the travel and tourism business especially in the US and EU from where RTT derives a vast majority of its revenues. These should be reasons enough to currently stay away and just keep a watch. The thing with speculative scripts is that it becomes virtually impossible to statistically predict their due course and hence, the best way is to act with extreme caution and keep risks to the bare minimum. Remember, not taking a position in a stock is also a position. Best Wishes & Happy Investing!
391.2. Vishalseth patel |   Link |Dec 22, 2021 9:47:48 AM
Bought at 330.65
And sold today at 387.
390. VentureStack Partners |   Link |Dec 17, 2021 3:49:23 PM
Greetings!

A 20.5% drop on the big listing day speaks for itself. Watch on as this trauma unfolds further in the coming months.

We were called rude, vilified, so much so that we had to refrain from sharing our thoughts on the upcoming IPOs, all by none other than some of those ''New Members'' spreading propaganda and then some others. Today, as this piece of junk carefully wrapped in the guise of ''New Age IT Business'' begins to wipe off people''s hard earned money, we stand vindicated, hopeful of the fact that at least some SERIOUS INVESTORS may have read and acted on what we had carefully mentioned as junk in our synopsis.

Remember, numbers only tell half the story and one needs to learn to read between the lines if one needs to be a financial success consistently. For stags or traders, even speculation needs fuel for fire and that fuel is the data around company''s fundamentals and management. In this particular case, it was hard to decide which was uglier than the other. The poorly drafted and horrendously formatted DHRP and RHP documents were the first clear giveaway of how much of a hurry the company promoters were in to sell it off to unsuspecting investors. Cementing our view was the coterie of the lead managers and QIIs and their previous track record. The huge hammering they got today along with One97 Comm. was very much deserved and should hopefully serve as a lesson.

We expect this IPO frenzy takes a correction course in due time as investors start getting more and more conscious of their hard earned money, courtesy such junk passed off as tech unicorns. DO NOT GET INTO A BUSINESS YOU DO NOT COMPLETELY UNDERSTAND!

Best Wishes & Happy Investing!
390.11. TechTrader |   Link |Jan 18, 2022 11:53:46 AM
@venturestackpartners

what is your opinion now on RateGain?

390.12. VentureStack Partners |   Link |Feb 4, 2022 4:04:46 PM
@TechTrader
We continue to maintain an 'AVOID' on this piece of junk.

Best Wishes & Happy Investing!
389. IPO Mitr |   Link |Dec 20, 2021 8:40:45 PM
99% of members of our forum are genuine and have integrity but beware of remaining 1%. These 1% can dupe individuals or on line community in general, by deliberately propagating a very strong directional opinion which may benefit a specific group of people who may or may not be part of our forum.

One should not blindly believe anyone. Special caution suggested for the following cases:

- New Investor putting large money in the stock market in a small duration.
- Retail investors deciding to become HNI investor
- Very small HNI Investor becoming Large HNI Investor
- Mail Line IPO investor suddenly venturing into SME IPOs

In a nutshell, moment one decides to drastically and suddenly change his/her investment profile, he/she needs to take extra precautions to safeguard them otherwise it is really gonna hurt very very badly.

Just sharing in general interest of forum members. No intention to hurt anyone or aim at someone specific. Apologies if it causes any hurt feeling in anyone in general.
388. sbipo |   Link |Dec 17, 2021 12:22:11 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
@NeoLongus,
Have u applied in Med or left it,I did a gambling and paid the heavy price in RTT, despite tour and travel industry and everspreading Corona and Omicron,now fearing for Med
Thanks
388.13. sbipo |   Link |Dec 19, 2021 11:16:21 AM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
@Amit Chedd,
Nothing to panic now bhai,I''ve already sold 2 lots alloted @352,booked loss,if 330 breaks can reach 285,if 385 breaks out on the upside then may be 420,I''m not sure whether it will move like Easymytrip or not,both have different business model though linked to travel industry,although at first I was skeptical,but later applied in Easymytrip analysing company fundamentals and financials but hete in RTT, I applied just seeing HNI subs,speculating without thinking much,but in Easymytrip unfortunately got 0/4,here in RTT got 2/4,and yes just don''t compare both b''coz Easymytrip financials and subscription was robust and also it listed in premium whereas RTT has poor financials and subscription also listed even worst( 15% discount) than Paytm. I think Easymytrip is a far superior company than RTT.

In case of Medplus,here also I was skeptical for high valuation but later applied just seeing HNI subs and speculated but not very impressed with business prospects for stiff competition ahead with peers,and u know market just is not falling due to Corona and Omicron,it''s tanking due to hawkish Fed commentary and sudden indication of more than 2 interest rate hike in 2022 and Turkey currency crisis. Also GM is very tensed and premiums for all ipos are falling drastically. That''s why a bit fearful here. Applied in DP also,but don''t know how good it would be listed if alloted.

I''m a short term listing candidate guy and trade in Nifty Banknifty expiry boss,I don''t panic easily,but when I don''t get allotment in good 60-100%+ listing doubler ipo but get discount listing ipo in more than 1 application and my losses get accumulated in books,that sucks.

I have the right to be wrong always in stock market and life as well,
Thanks
388.14. lokes |   Link |Dec 19, 2021 7:37:34 PM
IPO Guru IPO Guru (3500+ Posts, 4000+ Likes)
@Nexus: good lines man: "Bringing past baggage to stock market is often counter-productive and bringing our expectations to stock market is a non-value adding overhead. Stock market has no obligation to respect all our emotions."
And which stock you are talking which grew 10 times in your portfolio ?

@sbipo: i feel at least policy bazaar you should have applied, that time market was also not in bad condition and sentiments were also good due to nykaa so there was very less risk of negative listing and it had good 20%gmp too and allotment was also easier there in retail and in HNI. I allotted total 7.5 lots there in 6 retail+1 HNI app. and had around 28K profit total. Anyways good luck to you for future ipos.
387. B.K. Singhania |   Link |Dec 19, 2021 12:03:24 AM
As expected now exit as per your stop loss otherwise may be stuck in this too just like windlas & cartrade
386. rsk |   Link |Dec 18, 2021 10:36:24 PM
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
Goldman Sachs Funds has increased shareholding in Rategain Travel Technologies to 2 percent from 1.32 percent earlier, via an open market transaction on December 17, the listing day.

Goldman Sachs Funds - Goldman Sachs India Equity Portfolio acquired 7,19,727 equity shares in the company (0.67 percent of total paid-up equity) at Rs 361.71 per share. The global fund house had bought a 1.32 percent stake via Rategain''s public issue last week.

However, Rajasthan Global Securities sold 9,35,105 equity shares in Rategain at Rs 362.18 per share. Edelweiss Mutual Fund also offloaded 6,82,110 equity shares at Rs 360.7 per share, while Integrated Core Strategies Asia Pte sold 8,78,838 equity shares at Rs 356.22 per share on the NSE, the bulk deals data showed.

Integrated Core Strategies Asia Pte had held a 1.14 percent stake or 12.12 lakh shares in Rategain as per the shareholding pattern available in the exchange filing.
385. IPO Mitr |   Link |Dec 18, 2021 8:49:21 PM
In the business world, the rearview mirror is always clearer than the windshield. - Warren Buffet
384. mann mundra |   Link |Dec 8, 2021 9:48:04 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
TEGA de na de
Lekin
RATEGA jarur GAIN dega .
384.5. Makxykx |   Link |Dec 18, 2021 3:09:21 PM
Top Contributor Top Contributor (200+ Posts)
good work @ipobull
384.6. ipobull |   Link |Dec 18, 2021 4:20:42 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
@Makxykx,
Thanks.
383. ipobull |   Link |Dec 8, 2021 10:21:38 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
Right from the beginning, I am telling RateGain is going to be a flop show. But Retail investors, who can''t change their habits, are always on the forefront to apply as if there is no tomorrow for buying.
These days, judging an IPO has become very easy. I can say CE Info Systems, Data Patterns and MedPlus will be hits. I can bet my money on them.
383.10. ipobull |   Link |Dec 18, 2021 4:16:01 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
@Amit Chheda,
Please do not take it to heart. Afterall, we are all here to earn money. Through my vast experience, I only express word of caution for few IPOs. Please take it seriously, though you are always free to apply your own mind. One thing is for sure, we cannot be right always. Even I have made few mistakes in stock investing. But at the end of every month, I make profits and that keeps me on. Wish you all the best.
383.11. SN IPO |   Link |Dec 18, 2021 5:14:12 PM
Nobody is perfect...
Market is Supreme...

We should praise the experts, but
When you get wrong and accept..... that makes you great...
382. ipobull |   Link |Dec 9, 2021 1:00:37 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
At 1 o''clock, the QIB subscription is 0.48 times. Even if it becomes 5 times by the close, its not a great IPO. Bound to trade below listing price.
382.17. ipobull |   Link |Dec 19, 2021 7:59:16 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
@DS,
Thanks. You apply in both Supriya and CMS with full force. Even Iam hopeful of Tarson giving good returns, but look out for its results once. MedPlus is good one. You can purchase it after correction 3-4 days post listing.
382.18. sbipo |   Link |Dec 20, 2021 3:41:38 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
@ipobull,
Sahi bola yaar,yeh mera bhi mindset hni jaisa ho gaya, quick bucks k chakkar mein faans gaye,but only QIB subs can''t guarantee you solid gains,ultimately u yourself have to analyse carefully each and every ipo before applying
Thanks
381. lokes |   Link |Dec 17, 2021 9:40:07 AM
IPO Guru IPO Guru (3500+ Posts, 4000+ Likes)
Guys don''t place too much low sell price orders it will affect listing a lot...if listing will be around/below 400, then it may move little bit high during day time that time can be sold even but don''t place sell orders below 420 atleast
381.21. Noorul |   Link |Dec 18, 2021 12:40:56 PM
Buy Doge coin today.. worth rs 1lakh. In memories of RateGain.
381.22. lokes |   Link |Dec 18, 2021 12:55:49 PM
IPO Guru IPO Guru (3500+ Posts, 4000+ Likes)
no idea what was dogecoin :)
just check on net now and then came to know. Anyways at least i have no idea how to buy cryptocurrencies etc. By checking on net and doing some research , its easy to know but it will need time also to invest in one more asset :) and no idea about risk. Anyways this year it was mad rush of ipos, good for us, we earned a lot in most and some minimal losses in few. Luckily from some months, in office it was not much work load so i could have given lot of time here, else from last year lockdown till this year april, it was too hectic in work from home.
380. SamJos |   Link |Dec 18, 2021 1:32:16 AM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Blessing among colossal disguise about this ipo is that, it will deflect new comers coming to ipo market & making blind investments & ultimately loose money. Immense earning attracts newbies to share market & incidents of loss teaches them from blindly betting in shares & ultimately loose the hard earned money.
380.1. lokes |   Link |Dec 18, 2021 2:01:26 AM
IPO Guru IPO Guru (3500+ Posts, 4000+ Likes)
@samjos: as per my opinion, this will never stop. Whenever many ipos are there, it happens with 1-2 ipos with such kind of listing like it happened in windslar/cartrade/krsnaa. Then people had some fear for sometime, later again everyone started applying everywhere. Then paytm came so people became cautious and avoided star health etc but again many had applied in rategain/shriram etc, and you can see in HP adhesive too retail subscription.
So people just move one, these type of listings keep happening and have impact for very short duration, main reason is since people are not getting good ipos so they keep applying in almost all average to get allotment taking some risk.
380.2. sbipo |   Link |Dec 18, 2021 7:46:09 AM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
@lokes,
Human memory is very short and life goes on,also we tend to repeat mistakes instead of learning from mistakes, greed and uncalculated risk,impulse,FOMO all these play crucial parts in wrong decision making, as u told,see in my case,since I wasn''t getting allotment in 100%+ listing ipo,I took wrong decision to apply here out of speculation without studying and understanding the business in detail and paid loss.
That''s why even after RTT debacle,HP was subscribed heavily in retail, though industry and business models are different
,but due to sheer small issue size, speculation is rampant here also despite erratic and inconsistent financials and this phenomenon won''t stop in a hurry,I think,but still today,I believe,only retail can''t make markets move without the help of FII liquidity and in history, whenever retail participations have increased dramatically in markets it has collapsed sooner or later,don''t know whether this time is different or not.
Thanks
379. gundu anna |   Link |Dec 17, 2021 9:20:11 PM
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
When excessive retail punting is there with multiple applications, we need these kind of IPOs to weed out, it is good.
378. gjy |   Link |Dec 17, 2021 5:15:26 PM
IPO Guru IPO Guru (1400+ Posts, 3300+ Likes)
Monday below 300.

Next Windlas , cartrade story

Same cannibal Lead managers

Nomura
kotak
iifl

15 din me 50% paisa
378.2. Cautious ProPrio |   Link |Dec 17, 2021 7:57:26 PM
IPO Guru IPO Guru (1600+ Posts, 1000+ Likes)
New tech mantra ...half your hard money in 15 days.....great wealth destroyer formula ,apply blindly ipo
378.3. sahab |   Link |Dec 17, 2021 8:27:33 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Aap ke daard ko samaj ta ho
377. Anurup |   Link |Dec 17, 2021 1:17:37 PM
Now I m missing Aniketiaf sir very much.
At least his recommended ipos was having minimal discount listing record.
377.1. Montyy |   Link |Dec 17, 2021 1:35:28 PM
yes he avoids loss for retailers but there are many examples where he guided to avoid applying and which listed with 5 to 50% gains so profit was also missed in many ipos for retailers, in short its not easy to always guess correctly about listing performance by anyone
377.2. Best wishes |   Link |Dec 17, 2021 8:26:11 PM
Because Aniket sir was recommending ipo on the basic of their fundamentals but for maximum of experts ( not all) specially some Bull market generated experts, Gmp, subscription data, hni, qib subscription, falana, dhimka, etc, etc is the only parameter.
376. IPOANALYSIS |   Link |Dec 17, 2021 9:49:21 AM
Loss making company. It will be a lesson to retailers who apply in ipo blindly . There is no reason to invest in such company.
376.8. jigi |   Link |Dec 17, 2021 1:44:58 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
arere sabi Maharathi aagaye.
Anyway learn the lesson.
Sold @375 and book the loss.
376.9. God is Great |   Link |Dec 17, 2021 7:57:12 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Dear IPO analysis nice to see you..long long long time..we are still waiting all gurus will come as soon as possible.