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Rategain Travel Technologies IPO Subscription Status

Rategain Travel Technologies IPO was subscribed 17.41 times when bidding closed on 9 Dec 2021: QIB 8.42x, NII 42.04x, Retail 8.08x.

The Rategain Travel Technologies IPO has been subscribed 17.41x times overall. Retail investors have shown interest with bids for 8.08x the shares available. The Non-Institutional Investor (NII) category has been subscribed 42.04x. Qualified Institutional Buyers (QIBs) have subscribed 8.42x. Data last updated on 10 Nov, 07:27 AM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 07 Dec, 2021 and closes on 09 Dec, 2021. The shares are expected to list on stock exchanges on 17 Dec, 2021.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 10 Nov 2026, 07:27 AM
Category Bid details Times
QIB - of - - 8.42x
NII - of - - 42.04x
Retail - of - - 8.08x
Employee - of - - 1.37x
TOTAL - - 17.41x
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Rategain Travel Technologies IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 out of 8
~12.4% chance per PAN — based on 8.08x subscription. Winners get exactly 1 lot (₹14,875) by SEBI lottery, however many lots you bid.
NII / HNI (above ₹2 L)
1 out of 42
~2.4% chance — lottery allots the minimum application per winner (SEBI NII rule since 2022).
QIB (institutions)
8.42x
Proportionate allotment — at 8.42x, institutions receive ~11.9% of their bid. No lottery; not open to individual investors. Moderate institutional demand.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 12.4% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 8.42x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
09 Dec 2021
Day 3
17.41x ▼
QIB8.42x BHNI- SHNI- Retail8.08x Employee1.37x
08 Dec 2021
Day 2
0.74x ▼
QIB- BHNI- SHNI- Retail3.98x Employee0.72x
07 Dec 2021
Day 1
0.41x ▼
QIB- BHNI- SHNI- Retail2.21x Employee0.34x

Rategain Travel Technologies IPO dates

From the bidding window to listing. Today is 10 November.

Key dates Listed
  1. Open 07 Dec 2021
  2. Close 09 Dec 2021
  3. Allotment 14 Dec 2021
  4. Refund/credit 15 Dec 2021
  5. Listing 17 Dec 2021

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Rategain Travel Technologies IPO?

As of IPO close date (09 Dec, 2021), the Rategain Travel Technologies IPO is subscribed 17.41x times. Retail category is 8.08x, and NII is 42.04x subscribed.

When is the allotment date for Rategain Travel Technologies IPO?

The allotment for Rategain Travel Technologies IPO is expected to be finalized on 14 December, 2021.

When will Rategain Travel Technologies IPO list on the stock market?

Rategain Travel Technologies is scheduled to list on BSE and NSE on 17 December, 2021.

What are the chances of getting allotment in Rategain Travel Technologies IPO?

The retail category is oversubscribed at 8.08x, meaning allotment is by lottery. Statistically, approximately 1 in 9 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 8.42x mean for Rategain Travel Technologies IPO?

Moderate — QIBs have subscribed 8.42x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

How to check Rategain Travel Technologies IPO allotment status?

After the allotment date (14 Dec, 2021), you can check your Rategain Travel Technologies IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
17.41x
QIB
8.42x
NII
42.04x
Retail
8.08x
Full IPO details
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