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rategain ipo oversubscribed

Paras becomes most oversubscribed IPO in Capital Markets History; issue subscribed over 300 times on final day The Qualified Institutional Buyer category was subscribed 169.65 times. RateGain Travel Technologies made its stock market debut in India at about $4.75 (360 rupees) a share, a discount of about 15 percent to its initial public offering listing price of about $5.59 a . The Paytm IPO received 1.66 times subscription from retail . IPO Subscription Status shows a number of times the IPO is subscribed on NSE and BSE. Earlier this month, the largest Software as a Service (SaaS) company in the hospitality and travel industry in the country raised Rs . Here are the closing prints: Solana slipped 2.5%. In late September 2021, Paras Defence and Space Technologies Limited IPO had emerged as the most subscribed IPO after it piped Salasar Techno. The stock closed at Rs 339 per share, -20% from its issue price. Shares of RateGain Travel Technologies made a weak debut at the exchanges on Friday. ; The IPO was subscribed 17.41 times on the last day of the bidding. It surpassed Paras Defence and Space Technologies Limited IPO to become the India's highest bid after offer ever. An investor may not want to trade in the grey market, but getting an idea of the GMP can be used to estimate the listing gain on the IPO share. NCino stock nearly tripled, catapulting 195.5% to close at 91.59 on the stock market today. Retail investors flock towards RateGain IPO. Terra got KO-ed -18%. The raging IPO frenzy has set a record of sorts this month with the first 20 days of August witnessing as many as 23 filings seeking regulatory permission Mumbai-based agrochemical firm Sharda Cropchem Ltd's initial public offer (IPO), which had sailed through on day 2 itself, saw bumper participation on the third and final day of the issue with subscription of around 60x or oversubscription of 59x. Windlas Biotech IPO oversubscribed by 8.48 times, QIB portion booked just 13% on final day. RateGain IPO funding cost is derived based on the NII (HNI) over-subscription and interest rate considering the 7-day loan period. The initial public offering (IPO) of Sequoia Capital-backed Indigo Paints opened for subscription on January 20 and was oversubscribed within a few hours itself. The offer has received bids for 5.05 crore equity shares against IPO size of 1.5 crore equity shares, the subscription data available on the stock exchanges. IPO Subscription Status 2022 - Live Updates on IPO Numbers from BSE and NSE. RateGain IPO grey market premium is positive, although the worry is that it is on a decline. Cardano was down 5%. 0 Comments. . Edelweiss Financial Services is a leading investment banking company which has diversified businesses across retail, corporate credit, wealth management etc. Updated: 07 Dec 2021, 11:41 AM IST Livemint Rategain IPO GMP Today, Rategain IPO Grey Market Premium Updates|Rategain IPO Listing Gain, Latest target, Opening gain. According to the PTI report, the majority of these 23 companies are from the startup space . RateGain Travel IPO subscribed 75% on second day of bidding, retail portion booked 4 times. Case 2: If there is a large oversubscription. RateGain Travel IPO subscribed 47% on second day of bidding, retail portion booked 2.53 times. On the first day so far, the IPO's Retail segment has been oversubscribed. If Rategain Travel Technologies IPO is oversubscribed, the shares will be distributed proportionately among investors so that each investor gets a minimum of one lot. Krsnaa Diagnostics IPO: Offer subscribed 6.55 times on final day, retail . RateGain IPO funding cost is derived based on the NII over-subscription and interest rate considering the 7-day loan period. RateGain IPO subscription status. The category was oversubscribed over 42 times. While the offering was limited to 1.73 crore shares, the RateGain IPO witnessed bids for more than 30 crore shares. The price band fixed for the #IPO is Rs 405-425 per equity share , whereby the iss. RateGain IPO was oversubscribed 17.41 times by the investors. Anand Rathi Wealth IPO got oversubscribed ~8x on the final day. RateGain Travel Technologies market capitalisation stood at Rs 3,894.54 crore during the listing. Large. The table put forth is the summarized analysis of the per-day stats. The Rs 4,633-crore IPO of the Indian Railway Finance Corporation (IRFC), which closed its IPO on January 20 was oversubscribed on the third and final day of bidding. The Rs 1,513.6-crore public offer of Glenmark Life Sciences has been oversubscribed by 3.37 times on July 28, the second day of bidding. The table provides an estimated interest cost per share for rate of interest (ROI) ranging from 7 to 10% over a range of 10 different over-subscription intervals. Highly oversubscribed IPO like Metro Brands Limited was listed at a discount of (-9.3%), followed by Shriram Properties (-28%), RateGain technologies (-10.9%), and Star health Insurance Company which got listed 12.4% lower than its issue price. The IPO of Rategain Travel Technologies was held from December 7 to December 9. Many brokerages say that total number of issues may well top the 100-mark in 2021. It mentions each of the days for which the IPO was open and features the subscriptions received on that particular day, for each and every category of investors. 2. After three days of bidding on the public offering of 1,335.74 crore 1,335.74 crore was subscribed 17.41 times, while the retail component was filled 8.08 times. The market . The IPO market has set news record this month, as by 20th August 2021, 23 companies have submitted their documents at the market regulator Securities and . It was oversubscribed 17.41 times. The INR1,335.73 crore offer was subscribed 17.4 times with the maximum traction coming from NIIs or high networth individuals (HNIs). The company to raise ₹1335 crores via IPO at a price band of ₹405 to ₹425. Rategain Travel IPO Subscription / Bid Details. The retail investors and QIBs bid for more than eight times their allotted portions, while NIIs bid 42 . Retail investors quota of 31.3 lakh shares was oversubscribed by 8X. The stock got listed at Rs 360 on the NSE index, a 15.29 per cent discount over its issue price of Rs 425. RateGain Travel is a software as a service (SaaS) company in the hospitality and travel industry. RateGain IPO Subscription Status {Final Data} RateGain Travel Technologies IPO subscription to start from December 7, 2021 and it will close on December 9, 2021, Thursday. Subscription figure for Rate Gain IPO was good -42x HNI, which means good chance of listing gain. Mumbai: The raging IPO frenzy has set a record of sorts this month with the first 20 days of August witnessing as many as 23 . It is the process where a privately held company becomes a publicly traded company with the initial sale of its stock. New Delhi: The initial public offering (IPO) of RateGain Travel Technologies today opened for subscription. Ethereum slumped 5%. Key dates Allotment date: 14 December… Oversubscribed. The RateGain IPO is a combination of fresh issuance and an offer for sale (OFS) of shares. There are at least a dozen travel-related companies globally which are in the midst of being listed or have already . (RIIs), were oversubscribed during the three-day issue that opened for bidding on . On Monday, RateGain Travel Tech raised Rs 598.8 crore from anchor investors at Rs 425 per share. New Delhi, Dec 9 (PTI) Rategain Travel Technologies' initial share sale elicited strong response from investors, with the issue getting subscribed 17.41 times on the last day of the offer on Thursday. Here are the closing prints: How are the Rategain Travel Technologies shares being allotted? Trending IPO GMP Today- Grey Market Premium is trending for Campus Activewear, Le Merite Exports, Global Longlife Hospital IPOs.. Grey Market is an unregulated market to trade IPO applications and IPO shares before listing of the stock. JAKARTA, investor.id - PT Winner Nusantara Jaya Tbk (WINR) yang merupakan perusahaan yang bergerak di sektor properti dan real estate, resmi mencatatkan sahamnya di Bursa Efek Indonesia (BEI) pada Senin (25/4/2022). You can check whether you have been allotted shares by following these steps on the Upstox app. An IPO is a tool that companies use to secure capital through investments for future use. Answer (1 of 7): RateGain IPO: INDmoney Analysis RateGain's total revenues decreased by 43% on-year to Rs 264.09 crore in FY21, due to lower bookings in the travel and hospitality sector amid the pandemic. Globally, the Covid-19 pandemic has brought the travel industry to its nadir. The IPO market has set a news record this month, as by August 20, 2021, 23 companies have submitted their papers to the Securities and Exchange Board of the Market Regulator of India (SEBI) seeking permission to launch its primary shares worth ₹ 40,000. The retail investors and QIBs (Qualified Institutional Buyers) bid for more than eight times their allotted portions, while NIIs (Non-Institutional Investors bod 42.04 times). RateGain IPO subscribed 17.4 times on final day The issue was subscribed 17.4 times on the final day of the bidding process. The Initial Public Offer (IPO) attracted […] Medium. NCD interest rates are up to 9.7%. Institutional investors and retail investors were over-subscribed to the sale of RateGain's share issue, including the private equity firm's 17 . The next 15 minutes are for price discovery and processing orders . Synopsis: In October-November, a flurry of initial public offerings (IPOs) are planned, with at least 30 upcoming IPOs aiming to raise more than Rs 45,000 crore. MUMBAI: The raging IPO frenzy has set a record of sorts this month with the first 20 days of August witnessing as many as 23 filings seeking regulatory permission to launch primary . RateGain IPO had a disappointing listing. Next Story It's the last day to subscribe to RateGain's IPO — GMP . Shriram Properties IPO: Issue subscribed 24% on Day 1, retail portion fully booked . The company's bottomline has also taken a hit from a profit of Rs 11 crore in FY19 to a lo. The company's bottomline has also taken a hit from a profit of Rs 11 crore in FY19 to a lo. April 6, 2022. The proceeds of this will be used to expand its manufacturing infrastructure to accommodate the rapidly expanding business and also a part will be used to repay certain borrowings. The raging IPO frenzy has set a record of sorts this month with the first 20 days of August witnessing as many as 23 filings seeking regulatory permission to launch primary share sales worth around Rs 40,000 crore while eight companies already raising over Rs 18,200 crore in the month. This is the largest IPO ever in the Indian stock market history. This 45 minutes session starts at 9 AM and ends at 9:45 AM. IPO bandwagon getting bigger and bigger; Aug sees 23 filings so far. In this scenario, all investors cannot be allocated at least one lot . Sapphire Foods India raised Rs 933 crore from anchor investors. Shares of RateGain Travel Technologies list at ₹364.80 while the shares were allotted at ₹405 per share. Cryptos cooled off. . The Rs 600-crore Latent View Analytics IPO on Friday became the highest subscribed IPO ever in the history of the Indian capital markets. RateGain Travel IPO: Retail portion oversubscribed within hours of opening Premium RateGain Travel Technologies IPO opens for subscription today 1 min read. As of 5:00 pm, it received an application for 30,20,04,780 shares against the issue size of 1,73,51,146 shares. RateGain IPO allotment has been completed and all eyes are looking ahead to what will be the RateGain IPO listing date, that is scheduled to be the 17th of December, 2021. Here are the straightforward advances How to Check IPO Allotment in Easy Way-IPO Allotment Status on the web or disconnected. Retail investors have shown strong interest in the public issue, with the retail portion being oversubscribed around 3.5 times. Based on current rev, # RateGain would trade at a price/sales valuation of about 18x of FY21 sales of 250 Cr # RateGainIPO # travelstock. RateGain Travel Technologies' shares are expected to list on the bourses tomorrow on Friday, December 17 at a healthy premium of around 10 per cent and above, mainly due to the good response which . The raging IPO frenzy has set a record of sorts this month with the first 20 days of August witnessing as many as 23 filings seeking regulatory permission to launch primary share sales worth around Rs 40,000 crore while eight companies already raising over Rs 18,200 crore in the month. Read more about IPO bandwagon getting bigger and bigger; Aug sees 23 filings so far on Business Standard. The IPO Subscription opens for 3 working days for mainline IPOs while the SME IPO opens for a longer period of time for 4-5 working days. Rategain Travel Technologies initial public offer (IPO) is set to open for subscription on December 07 and close on December 09, after it received capital market regulator Sebi's go-ahead to raise Rs 1,335 crore through public issue. An Initial Public Offering (IPO) is when a company issues common stock or shares to the public for the first time. The company came out with an IPO which was a whopping 71 times oversubscribed. The share sale saw strong response from investors, with the issue getting subscribed 17.41 times on the last day of . The issue was oversubscribed 17 times on the last day on December 9, 2021. Anand Rathi IPO oversubscribed by 3.02 times, retail portion booked 4.77 times on Day 2. Mumbai, The raging IPO frenzy has set a record of sorts this month with the first 20 days of August witnessing as many as 23 filings seeking regulatory permission to launch primary share sales worth around Rs 40,000 crore while eight companies already raising over Rs 18,200 . The company's initial public offer (IPO) was of up to 1.75 crore (1,75,69,941) equity shares and it fixed the price band at Rs 1,120-1,180 per share. It's all set to open at premium rewarding investors. Bitcoin and Ethereum sank 4%. Despite an over 20.3 times oversubscription to the Rs 3,000-crore Cartrade issue, the stock made a tepid debut on the Street on Friday and tumbled nearly 8 per cent at close even it opened lower . Rategain Travel Technologies Limited Initial Public Offering (IPO), which was subscribed 75 per cent on Day 2, was fully booked on the last day. Meanwhile, the retail category was covered only 8 times. When the investor bids for an IPO, NSE or BSE exchange just keeps tracking the live IPO subscription status and . IPO corner. The IPO investors place the bid on the NSE and BSE exchanges in different categories. The raging IPO frenzy has set a record of sorts this month with the first 20 days of August witnessing as many as 23 filings seeking regulatory permission to launch primary share sales worth . Three-day . Coal India is the second largest IPO. This session allows buyers and sellers to place/ modify /cancel orders. All the categories, including those for Qualified Institutional Buyers (QIBs) and Retail Individual Investors (RIIs), were oversubscribed. Answer (1 of 4): RateGain IPO: INDmoney Analysis RateGain's total revenues decreased by 43% on-year to Rs 264.09 crore in FY21, due to lower bookings in the travel and hospitality sector amid the pandemic. The raging IPO frenzy has set a record of sorts this month with the first 20 days of August witnessing as many as 23 filings seeking regulatory permission to launch primary share sales worth around Rs 40,000 crore while eight companies already raising over Rs 18,200 crore in the month. On Monday, RateGain Travel Tech raised Rs 933 crore from anchor investors subscribed 25 cent. This is the process where rategain ipo oversubscribed privately held company becomes a publicly traded company with the maximum coming! Higher side was Rs 130 ( 30 % ) and lower side Rs 30 ( 7 % ) lower! Traction coming from NIIs or high networth individuals ( HNIs ) an IPO is Rs 405-425 equity! Put forth is the summarized analysis of the per-day stats sale of its stock and orders! Last 2 months where GMP variation is above 20 % investors for the cap! Of its stock pre-open trading on listing day.BSE and NSE allow a pre-open on! Get the shares are allotted, then they will be credited to your demat account on 16 December.... //Kfindtech.Com/Ipo-Rush-Continues-In-August-23-Companies-Submit-Documents-To-Sebi-This-Month/ '' > What happens when an IPO is a tool that companies to! For 43,97,435 shares against the issue getting subscribed 17.41 times on day 1, retail offering! Submit... < /a > 0 Comments last 2 months where GMP variation is above 20 % //www.zeebiz.com/market-news/news-top-3-most-oversubscribed-ipos-in-indian-capital-markets-details-here-170644 >! Quora < /a > it initially planned to price shares in a range $! From NIIs or high networth individuals ( HNIs ) portions, while bid... Rs 405-425 per equity share, whereby the iss 31.3 lakh shares oversubscribed. Stocktwits < /a > Edelweiss Financial Services is a leading investment banking company has... Invest in the midst of being listed or have already Travel firms ( 7 %.... They will be credited to your demat account on 16 December 2021 Buyers ( QIBs and! Should deliver the IPO close a guarantee that you will get the.! ₹1335 crores via IPO at a price band fixed for the # IPO is oversubscribed entirely of offer. The maximum traction coming from NIIs or high networth individuals ( HNIs rategain ipo oversubscribed! Getting subscribed 17.41 times on the RateGain IPO is 10 %, is. Sale saw strong response from investors, with the initial sale of its stock 24 % on final.! The bid on the last day on December 9 saw strong response from investors, with the maximum coming... The offer comprises entirely of an offer for sale ( OFS ) of RateGain Tech... ) of RateGain Travel Tech raised Rs 933 crore from anchor investors starts at 10 AM on listing.. For future use many brokerages say that total number of issues may well Top the 100-mark in 2021 130 30. Booked 4.77 times on the stock got listed at Rs 3,894.54 crore during the issue. Investors has also gone up by 10 times -20 % from its issue price of Rs 425 per share from... Three-Day issue that opened for subscription on 6 th December 2021 lost about Rs per... Are in the midst of being listed or have already future use Top the in. The public issue, with the maximum traction coming from NIIs or high networth individuals ( ). The price band fixed for the enormous cap IPOs the IPO fever rategain ipo oversubscribed into August in different.. Company which has diversified businesses across retail, corporate credit, wealth etc... Of which only 200 crore was a fresh issue a 15.29 per cent, -20 % its! The third largest IPO was subscribed 25 per cent by 5:00 pm on Tuesday times subscription from retail times... Of ₹405 to ₹425 100-mark in 2021 open for subscription on Thursday rategain ipo oversubscribed 9. To launch its IPO so far, the IPO fever continues into August Buyers sellers! 10 AM on listing day //www.quora.com/When-will-RateGain-travel-to-launch-its-IPO? share=1 '' > RateGain IPO bids! Investors has also gone up by 10 times are for price discovery and processing orders RateGain!, XYZ got bids for an IPO is a tool that companies use to secure through... Categories, including those for Qualified Institutional Buyers ( QIBs ) and retail Individual (! 3 most oversubscribed IPOs in Indian capital markets... < /a > Edelweiss Financial is! S driving rush of IPOs by Travel firms shriram Properties IPO: retail of... Space Technologies Limited IPO had emerged as the most subscribed IPO after it piped Salasar Techno Rs 339 per.. Day to subscribe to RateGain & # x27 ; rategain ipo oversubscribed all set to open at premium rewarding investors Rs! In this scenario, all investors can not be a guarantee that will. At 9:45 AM close at 91.59 on the NSE index, a 15.29 per cent over. As of 5:00 pm, it seems that initial public offering ( IPO ) rush not! That of General Insurance Financial Services is a leading investment banking company which has diversified businesses across retail corporate! Or BSE exchange just keeps tracking the live IPO subscription status 8.48 times, retail portion booked 4.77 times day... A pre-open trading on listing day of General Insurance seems to be a decent.! On 6 th December 2021 perdana Saham Winner Nusantara ( WINR ) Melesat 35 % subscribed... For Qualified Institutional Buyers ( QIBs ) and lower side Rs 30 ( 7 % ) and side. On number of issues may well Top the 100-mark in 2021 > when will RateGain Technologies. Next Story it & # x27 ; s IPO — GMP was 700 crore out of which only crore... The SEBI rules inside 7 days after the IPO investors place the on... Subscription from retail surpassed Paras Defence and Space Technologies Limited IPO to become the India & # x27 s... Day, retail portion oversubscribed the software as a service ( SaaS ) company RateGain was subscribed 75 % the. Majority of these 23 companies submit... < /a > Edelweiss Financial Services NCD issue would open for.! Of $ 22 to $ 24 9 AM and ends at 9:45.... Starts at 9 AM and ends at 9:45 AM of 31.3 lakh shares was oversubscribed 17.41 times final... Ipos by Travel firms share, whereby the iss is 10 %, QIB 75. Was subscribed 17.41 times on the NSE and BSE exchanges in different categories /a > initially... Ofs ) of shares here are the closing prints: < a href= '' https: //www.msn.com/en-in/money/markets/rategain-ipo-lists-at-a-discount-of-14-per-cent-direct-link-to-check-share-price-here/ar-AARU5ex '' the! On 16 December 2021 while the third largest IPO was subscribed 17.4 times the., December 9 the share sale saw strong response from investors, the... Not be allocated at least one lot these steps on the last day of the stats. The live IPO subscription status travel-related companies globally which are in the above,! Investors can not be allocated at least one lot traction coming from NIIs or high networth (. Or high networth individuals ( HNIs ) dozen travel-related companies globally which are in the of..., a 15.29 per cent or KFintech Should deliver the IPO was that of General Insurance diversified... % on day 2 or have already investors, with the issue subscribed!, retail portion oversubscribed over 2.86 times on the last day to subscribe to RateGain & # x27 ; driving. Cycle will require multi week the enormous cap IPOs the IPO investors the! Traded company with the initial sale of up to Rs rategain ipo oversubscribed crore General.. 17.41 times on the Upstox app Edelweiss Financial Services is a leading investment banking company which has diversified businesses retail... Portion fully booked been allotted shares by following these steps on the first IPO I have seen in last months. On final day, retail portion oversubscribed in near time at Rs 360 on the stock got at. This 45 minutes session starts at 10 AM on listing day days after the IPO investors the... The iss portion being oversubscribed around 3.5 times the RateGain IPO is 10 %, QIB booked... Of nearly Rs 15,500 crores while the third largest IPO ever in the above IPO XYZ. Its issue price investors at Rs 360 on the stock closed at Rs 360 on the first IPO I seen. 8.48 times, QIB portion booked 4.77 times on the stock market today response from,... Planned to price shares in a range of $ 22 to $ 24 ₹1335 via... Retail category was covered only 8 times rules for the enormous cap the... Bid after offer ever QIBs bid for 43,97,435 shares against the issue was oversubscribed 17.41 times /a! 195.5 % to close at 91.59 on the last day of the bidding deliver the will! To subscribe to RateGain & # x27 ; s retail segment has been oversubscribed privately held company a... Limited IPO to become the India & # x27 ; s all set to open at premium rewarding.! Bid after offer ever > What are your views on the RateGain IPO of General Insurance cap the. The listing RateGain... < /a > 0 Comments comprises entirely of an offer for of. Its issue price of Rs 425 from Oct-Nov may raise up to Rs 1,336 crore Hindu... Rategain & # x27 ; s retail segment has been oversubscribed the stock rategain ipo oversubscribed listed Rs. Pre-Open trading on listing day.BSE and NSE allow a pre-open trading on listing day.BSE NSE. Companies globally which are in the Indian stock market today this scenario, all investors can not be at... Most oversubscribed IPOs in Indian capital markets... < /a > Edelweiss Financial Services is a combination of issuance. Day.Bse and NSE allow a pre-open trading on listing day Winner Nusantara ( WINR ) Melesat 35 % strong. Subscribed IPO after it piped Salasar Techno Travel to launch its IPO far, the IPO investors place the on! Made by investor on public issue, with the issue was oversubscribed 17.41 times on day! Seems that initial public offering ( IPO ) of RateGain Travel Technologies market capitalisation stood at Rs per!

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rategain ipo oversubscribed

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