 "ipo")
Hospitality SaaS (software as a service) company Rategain has fixed the price band for its initial public offering at Rs 405-425, and aims to mop up at least Rs 1,290 crore from the public market. The IPO consists of a fresh issue of Rs 375 crore and an offer for sale of 22.6 million shares. At the lower end of the price band, the company’s valuation is around Rs 4,700 crore.
The company’s anchor book will open and close on December 6. The IPO will open on December 7 and close on December 9.
The promoter group, consisting of founder
