RateGain IPO share allotment status likely tomorrow; Check online via BSE, KFin Tech- Know how
- RateGain IPO share allotment status can be checked by investors by visiting the official website of BSE or KFin Technologies.
RateGain Travel Technologies Limited opened its initial public offering (IPO) for subscription on December 7, 2021. The public issue worth ₹1,335.74 crore closed for subscription after three days on December 9, 2021. And now the subscribers are eagerly waiting for the allotment date, which is likely on December 14, 2021. But before we discuss how you can check RateGain IPO share allotment status, we would like to inform you that on the final day of the subscription, the issue was subscribed 17.41 times of the offer. The company received bids of 302004780 shares against 17351146 shares.
According to the National Stock Exchange (NSE), the shares reserved for qualified institutional buyers (QIBs) were subscribed 8.42 times. While non-institutional investors portion was subscribed 42.04 times and the retail individual investors (RIIs) were subscribed 8.08 times. As already stated the finalization of basis of allotment is likely to happen on December 14, once declared, subscribers will be able to check the allotment status on the official website of BSE or the registrar that is KFin Technologies Private Limited.
Subscribers can follow the below mentioned steps to know the allotment status once announced.
Check RateGain IPO share allotment status via BSE:
Step 1: You will have to visit the official website of BSE or you can also click on the direct link provided here for the same- https://www.bseindia.com/investors/appli_check.aspx.
Step 2: Now, under the issue type, click on Equity.
Step 3: You will then have to select RateGain Travel Technologies Limited from the dropbox under the issue name.
Step 4: Provide your application number.
Step 5: Then add the PAN card ID.
Step 6: You will then have to click on 'I am not a Robot' and hit submit.
Check RateGain IPO share allotment status via KFin Technologies
Step 1: Visit the official website of KFin Technologies or click on the direct link mentioned here for the same- https://kcas.kfintech.com/ipostatus/.
Step 2: Now, you will have to select the name of the IPO in dropbox whose name will be shown only if the allotment is finalised.
Step 3: Select either one of the three modes: Application number, Client ID or PAN ID.
Step 4: In application type, select between ASBA and non-ASBA.
Step 5: You will then have to enter the application details.
Step 6: Enter the captcha and click on the submit button.
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