RateGain makes a weak stock market debut, lists 15% below issue price

The stock got listed at Rs 360, a 15 per cent discount to its issue price of Rs 425 per share on the National Stock Exchange

RateGain Travel Technologies (RTTL) has made a weak stock market debut, with its shares listed at Rs 360, a 15 per cent discount to its issue price of Rs 425 per share on the National Stock Exchange (NSE). The stock opened at Rs 364.80, a 14 per cent lower from its issue price on the BSE.

At 10:02 am; the stock was traded at Rs 372, a 12 per cent discount when compared to its issue price. The stock so far had hit a high of Rs 375.05 and a low of Rs 342.30 in intra-day trade on the