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Rategain Travel Technologies Ltd
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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
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Initial public offering of 31,441,282* equity shares of face value of Rs1 each ("Equity Shares") of Rategain Travel Technologies Limited ("Company" or "Issuer") for cash at a price of Rs425.00 per equity share (including a share premium of Rs424.00 per equity share) ("Offer Price") aggregating to Rs1335.73 crores, comprising a fresh issue of 8,835,752* equity shares aggregating to Rs375.00 crores (Fresh Issue") and an offer for sale of 22,605,530* equity shares aggregating to Rs960.73 crores ("Offer for Sale", and together with the fresh issue, "Offer"), comprising 17,114,490* equity shares aggregating to Rs727.36 crores by Wagner Limited ("Wagner" or "Investor Selling Shareholder"); 4,043,950* equity shares aggregating to Rs171.86 crores by Bhanu Chopra and 1,294,760* equity shares aggregating to Rs55.02 crores by Megha Chopra (together, "Promoter Selling Shareholders"); and 152,330* equity shares aggregating to Rs6.47 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
Rs5.00 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.
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Opens On
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Closes On
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Application
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Allotment
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07-Dec-21
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09-Dec-21
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Rs 425.00-0.00
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Rs 0.00-0.00
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Minimum Application for shares in Nos :35 Further
Multiples of :35
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(Rs Cr)
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Lead Managers to the Issue
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Project Cost
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375.00
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Project Financed through Current Offer
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1335.74
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Post Issue Equity Share Capital
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10.68
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Issue Price
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Rs 425.00
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