Tracxn IPO GMP, Review, Price, Allotment

The Tracxn IPO date has been confirmed from October 10, 2022, and closes on October 12, 2022. Read the post to learn about Tracxn Technologies IPO GMP.

Tracxn IPO will take place on October 10, 2022. The business intends to raise 309 crores through an IPO, including a fresh issue of [.] crores and selling up to 38,672,208 equity shares from promoters. Tracxn Technologies Private Limited was founded in 2012 as Tracxn Technologies Limited and changed its name to Tracxn Technologies Limited in 2021. The firm is a global leader in market intelligence data for private enterprises.

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Key Details Of Tracxn IPO:

Tracxn IPO GMP

The Tracxn IPO GMP Today is ₹[-1].

Tracxn IPO Overview

Tracxn Technologies IPO is a book-built issue of Rs 309.38 crores. The issue of stock is essentially an offer to sell 3.87 crore shares.

Tracxn Technologies IPO bidding was started on October 10, 2022 and ended on October 12, 2022. Tracxn Technologies’ IPO allocation was finalised on Monday, October 17, 2022. The shares were listed on BSE and NSE on October 20, 2022.

Tracxn Technologies’ IPO price range is set at ₹75-₹80 per share. The minimum lot size for an application is 185 shares. Retail investors require a minimum amount of ₹14,800.

Tracxn IPO GMP Live Rates Day By Day With Kostak 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 table below depicts the minimum and maximum investment by retail investors and HNI regarding shares and amounts.

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 provides 21,269,714 shares. 11,601,663 (54.55%) to QIB; 5,800,831 (27.27%) to NII; and 3,867,220 (18.18%) to RII. 20,903 RIIs will get a minimum of 185 shares, while 746 (sNII) and 1,493 (bNII) will receive at least 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​

The Tracxn platform is also used by various Governments, Accelerators, Incubators and Universities to track innovative companies and sectors. Our clients include venture capitalists, private equity funds, Fortune 500 corporations’ M&A and innovation teams, and investment banks utilising Tracxn data for daily deal sourcing, identifying M&A targets, transaction vetting, and tracking emerging trends across industries and markets. We deal with over 5000 subscribers in 30 countries spanning North America, Europe, Asia Pacific, Latin America, and the Middle East.

IPO Strengths

• 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.

Tracxn IPO FAQs