IPO Synopsis

Rategain Travel Technologies Ltd

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 Opens On Closes On 07-Dec-21 09-Dec-21 Money Payable On Application Allotment 425.00 0.00 Minimum Application for shares in Nos : 35 Further Multiples of : 35 Cr Lead Managers to the Issue Project Cost (.Cr) 375.00 IIFL Securities Ltd Project Financed through Current Offer (.Cr) 1335.74   Post Issue Equity Share Capital (.Cr) 10.68 Issue Price () 425.00

Projects

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

Promoted By

Bhanu Chopra

Megha Chopra

Listing At

BSE

NSE

Registrar to the Issue

No Data Available