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Rategain Travel Technologies IPO opens on December 7: 10 key things to know before subscribing public issue

Third party travel and hospitality technology is estimated to be a $5.91 billion market in 2021, growing to an estimated $11.47 billion in 2025 at a CAGR of 18 percent.

December 06, 2021 / 12:49 PM IST

RateGain Travel Technologies Ltd. is one of the leading distribution technology companies in the world and the largest Software-as-a-Service (“SaaS”) company in the hospitality and travel industry in India. The company whose mission is to be the leading revenue maximization platform for the hospitality and travel industry, will be launching its first public offering on December 7.

Here are 10 key things to know before subscribing to the public issue:

1. IPO Dates
The offer will open for subscription on Tuesday, December 07 and the last date for subscribing to the offer is set for Thursday, December 09.

2. Price Band
The company has fixed a price band of Rs 405-425 per share having face value of Rs 1.