The Tracxn date has been confirmed from October 10 and ended on October 12
The Tracxn IPO will take place on October 10, 2022. The company plans to raise 309 crores through an IPO, involving a fresh issue of [.] crores and the sale of up to 38,672,208 equity shares from promoters. Tracxn Technologies Private Limited was established in 2012 as Tracxn Technologies Limited, and the name was changed to Tracxn Technologies Limited in 2021. The company is a global leader in providing market intelligence data to private companies.
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Bidding Dates
October 10- 12
Price Range
₹75 to ₹80 per share
Face Value
₹1 per share
GMP
₹-1
Tracxn GMP
The Tracxn IPO GMP is ₹[-1].
IPO Overview
Tracxn Technologies IPO is a book built issue of Rs 309.38 crores. The issue is entirely an offer for sale of 3.87 crore shares.
Tracxn Technologies IPO bidding started from October 10, 2022 and ended on October 12, 2022. The allotment for Tracxn Technologies IPO was finalized on Monday, October 17, 2022. The shares got listed on BSE, NSE on October 20, 2022.
Tracxn Technologies IPO price band is set at ₹75 to ₹80 per share. The minimum lot size for an application is 185 Shares. The minimum amount of investment required by retail investors is ₹14,800.
Tracxn Technologies IPO GMP Live Rates Day By Day With Kotak Rates
| Date | GMP | Kostak | Subject to |
| 20 October | -₹4 | ₹- | ₹- |
| 19 October | -₹4 | ₹- | ₹- |
| 18 October | -₹4 | ₹- | ₹- |
| 17 October | -₹4 | ₹- | ₹- |
| 15 October | -₹4 | ₹- | ₹- |
| 14 October | ₹- | ₹- | ₹- |
| 13 October | ₹- | ₹- | ₹- |
| 12 October | ₹8 | ₹500 | ₹- |
| 11 October | ₹- | ₹- | ₹- |
| 10 October | ₹- | ₹- | ₹- |
| 8 October | ₹- | ₹- | ₹- |
| 7 October | ₹- | ₹- | ₹- |
| 6 October | ₹- | ₹- | ₹- |
| 5 October | ₹- | ₹- | ₹- |
| 4 October | ₹- | ₹- | ₹- |
| 3 October | ₹- | ₹- | ₹- |
Tracxn IPO Date & Price Band Details
| IPO Date | October 10, 2022 to October 12, 2022 |
| Listing Date | October 20, 2022 |
| Face Value | ₹1 per share |
| Price Band | ₹75 to ₹80 per share |
| Lot Size | 185 Shares |
| Total Issue Size | 38,672,208 shares (aggregating up to ₹309.38 Cr) |
| Offer for Sale | 38,672,208 shares of ₹1 (aggregating up to ₹309.38 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Tracxn IPO Market Lot
Investors can bid for a minimum of 185 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 185 | ₹14,800 |
| Retail (Max) | 13 | 2405 | ₹192,400 |
Tracxn IPO Allotment & Listing Dates
Tracxn Technologies IPO opens on October 10, 2022, and closes on October 12, 2022.
| IPO Open Date | Monday, October 10, 2022 |
| IPO Close Date | Wednesday, October 12, 2022 |
| Basis of Allotment | Monday, October 17, 2022 |
| Initiation of Refunds | Tuesday, October 18, 2022 |
| Credit of Shares to Demat | Wednesday, October 19, 2022 |
| Listing Date | Thursday, October 20, 2022 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 12, 2022 |
Tracxn Company Financial Report
| Particulars | For the year/period ended (₹ in Crore) | ||||
| 30-Jun-22 | 30-Jun-21 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
| Total Assets | 56.78 | 49.93 | 54.01 | 48.46 | 52.38 |
| Total Revenue | 19.08 | 15.44 | 65.16 | 55.74 | 6.31 |
| Profit After Tax | 0.923 | -0.837775 | -4.852 | -4.152 | -54.826 |
| Net Worth | 22.98 | 22.04 | 20.64 | 22.22 | -135.24 |
| Reserves and surplus | 12.95 | 21.14 | 10.61 | 21.32 | -135.44 |
Tracxn IPO Reservation
Tracxn Technologies IPO offers 21,269,714 shares. 11,601,663 (54.55%) to QIB, 5,800,831 (27.27%) to NII, 3,867,220 (18.18%) to RII. 20,903 RIIs will receive minimum 185 shares and 746 (sNII) and 1,493 (bNII) will receive minimum 2,590 shares. (in case of oversubscription)
| Investor Category | Shares Offered | Maximum Allottees |
| Anchor Investor Shares Offered | – | NA |
| QIB Shares Offered | 11,601,663 (54.55%) | NA |
| NII (HNI) Shares Offered | 5,800,831 (27.27%) | |
| bNII > ₹10L | 3,867,221 (18.18%) | 1,493 |
| sNII < ₹10L | 1,933,610 (9.09%) | 746 |
| Retail Shares Offered | 3,867,220 (18.18%) | 20,903 |
| Total Shares Offered | 21,269,714 (100%) |
Company Profile
Tracxn was founded 2013 by Neha Singh and Abhishek Goyal, ex-venture Capitalists from Accel Partners & Sequoia Capital. With its unique offering, Tracxn has been featured in Forbes’ Top 100 Global Analytics Startup List (2015) and Fortune 40 under 40 (2016, 2017). Tracxn was also ranked as the Coolest Startup of the Year by Busine0ss Today (2017). Tracxn is powered by artificial intelligence and big data technology that scans through the company data points and incorporates the relevant information in its platform offering. A 100+ sector-focussed solid Analyst team further enhances the relevance of the platform data.
The Tracxn platform is also used by various Governments, Accelerators, Incubators and Universities to track innovative companies and sectors. Our clientele includes Venture Capitalists, Private Equity Funds, M&A and Innovation teams of Fortune 500 companies and Investment Banks who use Tracxn data for daily deal sourcing, identifying M&A targets, deal diligence and tracking emerging themes across Industries and markets. We work with over 5000 subscribers in over 30 countries across North America, Europe, Asia Pacific, Latin America & Middle East.
Registrar Info
| Name | Link Intime India Private Ltd |
| Phone number | +91-22-4918 6270 |
| Email ID | tracxn.ipo@linkintime.co.in |
| Website | https://linkintime.co.in/mipo/ipoallotment.html |
Contact Details
| Name | Tracxn Technologies Limited |
| Phone number | +91 90360 90116 |
| Email ID | compliance-officer@tracxn.com |
| Website | https://tracxn.com/ |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
