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RateGain IPO Details

Issue Open Dec 7, 2021
Issue Close Dec 9, 2021
IPO Price ₹425
Face Value ₹1
IPO Size ₹1,335.74 Cr
Listing At BSE, NSE
IPO Lot Size 35
Open an Instant Account with Zerodha

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)
QIB9,393,424399.22
NII4,696,711199.61
Retail3,131,141133.07
Employee129,8705.52
Total17,351,146737.42

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)

    Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs.

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2,00,000 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.

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