Pre Listing comment on RateGain IPO By Mr. Aayush Agrawal, Swastika Investmart Ltd
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Below is the Pre Listing comment on RateGain IPO By Mr. Aayush Agrawal, Sr. Analyst, Swastika Investmart Ltd
As the largest SaaS provider in the travel and hospitality industry in India, RateGain Travel Technologies has a promising future. However, the company has suffered losses in the last two years due to COVID, and the rising number of cases remains concerning, which is why we are seeing a dip in its grey market premium. Grey market premiums indicate a modest listing gain of 10% at present.
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