Aequitas Research - RateGain Travel Technologies (1920810D) RateGain Travel Technologies IPO

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Aequitas Research

Sumeet Singh

EUR 88.49 For Business Accounts Only

RateGain Travel Technologies IPO

RateGain Travel Technologies is looking to raise up to US$177m in its upcoming India IPO. The deal will comprise a mix of primary and secondary shares, where the Promoters and a Pre-IPO investor, Wagner, are looking to pare down their stakes.

RateGain Travel Technologies is a travel and hospitality software as a service (SaaS) provider. It is the largest SaaS company in the hospitality and travel industry in India and as per Phocuswright, it is one of the largest aggregators of data points in the world for the hospitality and travel industry. As of Sept 2021, the firm serves 1,462 customers including eight Global Fortune 500 companies, and has offices in six countries.

13/12/2021 14 EN

Underlying

RateGain Travel Technologies

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Provider

Aequitas Research

Aequitas Research is a leading ECM research firm with a focus on IPOs and placements/follow-on offerings across the Asia Pacific with deal size of over USD100m.

Since 2015, we have covered 400+ IPOs and 450+ placements with a hit rate of 73% and 65%, respectively. We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic analysis.

Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis. We also provide a more quant driven analysis on placement/follow-on offerings.

Markets that we cover include:
Hong Kong,
China ADRs,
India,
Japan,
Australia, and
ASEAN.

See profile

Analysts

Sumeet Singh

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RateGain Travel Technologies IPO

Onewo Space-Tech Pre-IPO

Legend Biotech Follow-on Offering

Xtep International Placement

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