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Rategain Travel Technologies Ltd
Rategain Travel Technologies Ltd
Registered Office : M-140 Greater Kailash Part II,,New Delhi New Delhi 110048 Phone : 91-120-5057 000
Fax :
Email : compliance@rategain.com
Website : www.rategain.com
Initial public offering of 31,441,282* equity shares of face value of Rs. 1 each ("Equity Shares") of Rategain Travel Technologies Limited ("Company" or "Issuer") for cash at a price of Rs. 425.00 per equity share (including a share premium of Rs. 424.00 per equity share) ("Offer Price") aggregating to Rs. 1335.73 crores, comprising a fresh issue of 8,835,752* equity shares aggregating to Rs. 375.00 crores (Fresh Issue") and an offer for sale of 22,605,530* equity shares aggregating to Rs. 960.73 crores ("Offer for Sale", and together with the fresh issue, "Offer"), comprising 17,114,490* equity shares aggregating to Rs. 727.36 crores by Wagner Limited ("Wagner" or "Investor Selling Shareholder"); 4,043,950* equity shares aggregating to Rs. 171.86 crores by Bhanu Chopra and 1,294,760* equity shares aggregating to Rs. 55.02 crores by Megha Chopra (together, "Promoter Selling Shareholders"); and 152,330* equity shares aggregating to Rs. 6.47 crores by Usha Chopra ("Other Selling Shareholder" and together with investor selling shareholder and promoter selling shareholders, "Selling Shareholders", and such equity shares, "Offered Shares"). The offer includes a reservation of 129,870* equity shares, aggregating to Rs. 5.00 crores (constituting 0.12% of the post-offer paid-up equity share capital), for subscription by eligible employees ("Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as "Net Offer". The offer and net offer shall constitute 29.45 % and 29.33 %, of the post-offer paid-up equity share capital of the company, respectively. *Subject to finalisation of basis of allotment.
Opens On
Closes On
07-Dec-2021
09-Dec-2021
Application
Allotment
425.00
0.00
Minimum Application for shares in Nos : 35.0 Further Multiples of : 35.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
375.00
1,335.74
10.68
425.00
IIFL Securities Ltd
Kotak Mahindra Capital Company Ltd
Nomura Financial Advisory and Securities (I) Pvt L
- Repayment/Prepayment of Indebtedness availed by RateGain UK, one of the Subsidiaries, from Silicon Valley Bank
- Payment of Deferred Consideration for Acquisition of DHISCO
- Strategic Investments, Acquisition and Inorganic Growth
- Investment in Technology Innovation, artificial Intelligence and Other Organic Growth Initiatives
- Purchase of certain Capital Equipment for the Data Center
- General Corporate Purposes
- Bhanu Chopra
- Megha Chopra
- BSE
- NSE
- KFin Techologies Ltd