Rategain Travel Technologies Ltd RHP
Registered Office : M-140 Greater Kailash Part II , , New Delhi - 110048 , New Delhi , India.
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.
Issue | Money Payable On | ||
---|---|---|---|
Opens On | Closes On | Application | Allotment |
12/7/2021 12:00:00 AM | 12/9/2021 12:00:00 AM | Rs 425 - 0 | Rs 0 - 0 |
Minimum Application for shares in Nos : 35 Further Multiples of : 35 | |||
Rs Cr | Lead Managers to the Issue | |
---|---|---|
Project Cost | 375 | IIFL Securities Ltd |
Project Financed through Current Offer | 1335.74 | |
Post Issue Equity Share Capital | 375 | |
Issue Price | Rs. 425 |
Projects |
---|
Repayment/Prepayment of Indebtedness availed by RateGain UK, one of the Subsidiaries, from Silicon Valley Bank |
Promoted By | Listing At | Registrar to the Issue | ||
---|---|---|---|---|
| - | KFin Techologies Ltd |
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.