| Initial public offering of 31,441,282* equity shares of face value of Rs. 1 each ("Equity Shares") of Rategain Travel Technologies Limited ("Company" or "Issuer") for cash at a price of Rs. 425.00 per equity share (including a share premium of Rs. 424.00 per equity share) ("Offer Price") aggregating to Rs. 1335.73 crores, comprising a fresh issue of 8,835,752* equity shares aggregating to Rs. 375.00 crores (Fresh Issue") and an offer for sale of 22,605,530* equity shares aggregating to Rs. 960.73 crores ("Offer for Sale", and together with the fresh issue, "Offer"), comprising 17,114,490* equity shares aggregating to Rs. 727.36 crores by Wagner Limited ("Wagner" or "Investor Selling Shareholder"); 4,043,950* equity shares aggregating to Rs. 171.86 crores by Bhanu Chopra and 1,294,760* equity shares aggregating to Rs. 55.02 crores by Megha Chopra (together, "Promoter Selling Shareholders"); and 152,330* equity shares aggregating to Rs. 6.47 crores by Usha Chopra ("Other Selling Shareholder" and together with investor selling shareholder and promoter selling shareholders, "Selling Shareholders", and such equity shares, "Offered Shares").
The offer includes a reservation of 129,870* equity shares, aggregating to
Rs. 5.00 crores (constituting 0.12% of the post-offer paid-up equity share capital), for subscription by eligible employees ("Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as "Net Offer". The offer and net offer shall constitute 29.45 % and 29.33 %, of the post-offer paid-up equity share capital of the company, respectively.
*Subject to finalisation of basis of allotment.
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