Rategain Share Price Target 2022, 2023 , 2024 , 2025

Rategain Share Price The listing price of RateGain Travel Technologies is 364.80 rupees, which is a 14.16% discount to the BSE’s 425 rupees per share issue price. The offer includes a Rs 5 crore stock reservation for the company’s employees who will receive these shares, and RateGain Travel Technologies offers a discount of Rs 40 per share to the final issuance price of the employee reservation category. The company is known as the largest software-as-a-service (“SaaS”) company in the hotel and travel industry, with a price range of 405-425 rupees per share.

Rategain Share Price

Rategain Share Price Target 2022, 2023 , 2024 , 2025

Contrary to street and gray market expectations, RateGain Travel Technologies debuted in the stock market at a discount to the IPO price. In the upper offering price range, the company hopes to earn Rs 1,335.7 crore. RateGain Travel Technologies shares. Indian stock markets started off weak today as the public issue was quoted at the NSE 360, which is about 15.3% below the issue price of 425 per share.

The insurance company made its market debut at Rs 845 per share, down 6.11% on the NSE compared to the Rs 900 IPO price. The company’s business model requires us to state that you do not sell MapmyIndia shares even after listing if you are a long-term investor, but if you have applied for an IPO listing profit, you can register a small number of shares at higher levels. … stocks at higher levels. Or raise your stop loss 10% of the listing price, grab the stock and enjoy the profit. The shares are open for trading at Rs 364.8 per share, down Rs 60 or 14.16% below the IPO price of 425 per share.

RateGain offers travel and hospitality software solutions and its price range is at the top of the rankings. The company plans to sell shares in the price range of Rs 405-425 per share, and a retail investor can bet on a minimum of one lot of 35 shares and a maximum of 13 lots. They will receive the shares at a discount of Rs 40 per share from the final issue price.

Since IPOs are conducted at a low price, most experts recommend selling stocks at the time of listing or holding them for a long time. RateGain Travel Technologies Limited, a distribution technology and software-as-a-service (SaaS) company headquartered in Noida, will conduct an initial public offering (IPO) by subscription on Tuesday, December 7, 2021. The initial public offering of shares is expected to reach Rs 1,335.73 crore.

Rategain Share Price Target 2022, 2023 , 2024 , 2025

Regarding the listing of RateGain shares, Santosh Mina, head of research at Swastika Investmart Ltd, believes the timing of the IPO does not confirm the reason for the listing.

At the date of the Red Herring prospectus, RateGain UK owns 100% of all RateGain US shares. The target is 425 shares, said Ravi Singhal, vice president of GCL Securities Limited.

However, RateGain’s share price recovered somewhat after the listing and reached intraday highs. We therefore recommend a Hold on the stock as the long-term outlook is solid given the growing importance of revenue maximization and digital transformation in the T&H industry, ”said Milan Desai, Lead Equity Analyst, Angel One Ltd. a nearly 15 percent discount off the Rs 425 selling price due to weaker sentiment in Indian markets amid rising volatility.

The upside potential of RingCentral Incs (analyst average target price versus current price) exceeds 191.12% of shares in the large market cap category. It also has an offer to sell (OFS) from founders and investors up to shares. One lot of RateGain Travel Technologies shares at the IPO will cost 14,875 rupees.

Investors looking for buying opportunities should see the stock price drop 25-30%, said Parth Nyati, founder of Tradingo. We may revise our target values ​​for MapmyIndia shares after reviewing the company’s upcoming financial results.

For the employees of the company in the offer are reserved shares in the amount of Rs 5 crore. We can say that the company has about $ 30 per share in cash.

If these levels appear after the IPO listing, try to lock in some profit and wait for some more equity earnings reserves to re-enter the lower levels if this happens. An individual can apply for a minimum of 1 lot of 35 shares and a maximum of 13 lots of 455 shares. According to the company’s financial statements for the last 3 fiscal years, the company’s average EPS was around Rs.

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