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Rategain Travel Tech raises Rs 600 crore from QIBs at Rs 643 per share

RateGain Travel Technologies Raises Rs 600 Crore Via QIP Issue

RateGain Travel Technologies Ltd. has raised Rs 600 crore from qualified institutional buyers through the issue of 93.3 lakh shares at a face value of Re 1 each. The issue price for the QIP was Rs 643 apiece, a discount of 4.97% to the floor price, it said in its exchange filing on Monday.

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