Rategain Travel Technologies IPO - Will you Subscribe?

I’ll skip this.

From Moneycontrol – Third party travel and hospitality technology is estimated to be a $5.91 billion market in 2021, growing to an estimated $11.47 billion in 2025 at a CAGR of 18 percent.

GMP – is Rs. 120 which seems good for listening gains

Company Profile & Industry
The company started its operations in 2004 with the introduction of a competitive intelligence price comparison product for hotels. Since then, it has significantly expanded its product portfolio to include AI and machine learning capabilities that leverage an in-house data lake to offer products in rate intelligence, cognitive revenue management, smart distribution and brand engagement. The products are offered across a wide range of verticals including hotels, airlines, online travel agents (“OTAs”), meta-search companies, vacation rentals, package providers, car rentals, rail, travel management companies, cruises and ferries.

It is one of the largest aggregators of data points in the world for the hospitality and travel industry

risky with world still not out of covid

Rategain financials are in big mess.. company is all hype. Avoid