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RateGain IPO Subscription Details (Live Status)

RateGain IPO Details

IPO Open Dec 7, 2021
IPO Close Dec 9, 2021
IPO Price ₹425
Face Value ₹1
IPO Size ₹1,335.74 Cr
Listing At BSE, NSE
Lot Size 35
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RateGain IPO Subscription Status Live

RateGain IPO subscribed 17.41 times. The public issue subscribed 8.08 times in the retail category, 8.42 times in QIB, and 42.04 times in the NII category by Dec 9, 2021.

Application Wise IPO Subscription (Retail): 7.34 times

Investor CategorySubscription (times)
Qualified Institutions8.42
Non-Institutional Buyers42.04
Retail Investors8.08
Employees1.37
Others[.]
Total17.41

RateGain IPO Subscription Details (times)

DateQIBNIIRetailEMPTotal
Day 1
Dec 7, 2021
0.000.042.230.340.41
Day 2
Dec 8, 2021
0.000.083.980.720.75
Day 3
Dec 9, 2021
8.4242.048.081.3717.41

RateGain IPO Shares Offered

RateGain IPO is a public issue of 17,351,146 equity shares. The issue offers 3,131,141 shares to retail investors, 9,393,424 shares to qualified institutional buyers, and 4,696,711 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
QIB9,393,424399.2254.14%
NII4,696,711199.6127.07%
Retail3,131,141133.0718.05%
Employee129,8705.520.75%
Total17,351,146737.42100%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The subscription data is taken from the NSE and BSE websites. They are subject to change on a real-time basis. The subscription data provided are for information purposes only and provided by Chittorgarh.com on an 'AS IS' and 'AS AVAILABLE' basis and without warranty, express or implied. Our website does not guarantee or warrant the accuracy, adequacy, or completeness of the information received through the said websites. Chittorgarh.com holds no responsibility of any kind as regards any discrepancies, errors, omissions, losses, or damages. Chittorgarh.com including its affiliates and any of its directors, and employees, shall not be liable for any loss, or damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of data received. The recipient alone shall be fully responsible / are liable for any decision taken based on such information/data. All recipients should before acting upon the said information make their investigation, and seek appropriate professional advice.

RateGain IPO Subscription FAQs

The RateGain IPO is subscribed 17.41 by Dec 9, 2021.

RateGain IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional8.42
Non Institutional42.04
Retail Individual8.08
Employee Reservations1.37
Others[.]
Total Subscription17.41

Retail category of RateGain IPO subscribed 8.08 times as of date Dec 9, 2021. The public issue closes on Dec 9, 2021 for bidding.

An investor can apply in RateGain IPO online via bank (using ASBA) or the broker (using UPI). The RateGain IPO shares are offered online only.

The RateGain IPO is subscribed 17.41 by Dec 9, 2021.

The RateGain IPO allotment status is expected on or around Dec 14, 2021. Visit RateGain IPO allotment status to check.

The RateGain IPO listing date is Friday, December 17, 2021. The equity share of Rategain Travel Technologies Limited will list on BSE, NSE.

Visit RateGain IPO subscription status page for real-time bidding information about RateGain IPO.

RateGain IPO Timetable

IPO Opens OnDec 7, 2021
IPO Closes OnDec 9, 2021
Finalisation of Basis of AllotmentDec 14, 2021
Initiation of RefundsDec 15, 2021
Credit of Shares to Demat AccountDec 16, 2021
IPO Listing DateDec 17, 2021