Tracxn Technologies Limited IPO Message Board (Page 8)

loss making company, people will heavily loose money in this stock, never apply

Brokers & Analysts Meet for Tracxn Limited today @ 04:30 PM
Link: https://us06web.zoom.us/webinar/register/WN_flJ0kCdKT1aSxu6vxgyUVQ

@Arvind: Maximum I have applied 3 applications for one IPO. So, not sure whether it allows more than 3 or not.

I think 5 not sure

Any guess about likely final subscription figures category wise?

Price Band : ₹75-₹80
Lot : 185 shares

TRACXN TECHNOLOGIES LIMITED IPO DATE'S CONFIRM

ISSUE OPEN : 10-OCT 2022
ISSUE CLOSE : 12-OCT 2022
OFS : 38,672,208 SHARES
RETAIL : 10%
FV : ₹1.00

IPO OPEN : 10-OCT-2022
IPO CLOSE : 12-OCT-2022
BASIS OF ALLOTMENT : 17-OCT-2022
INITIATION OF REFUNDS: 18-OCT-2022
CREDIT OF SHARES : 19-OCT-2022
IPO LISTING DATE : 20-OCT-2022

FINAL

Tracxn Technologies Limited file RHP with SEBI on 1-Oct-2022

Issue Date : 10-Sep to 12-Sep, 2022
OFS : 38,672,208 Shares
Retail : 10%
FV : ₹1

IPO Open : 10-Oct-2022
IPO Close : 12-Oct-2022
Basis of Allotment : 17-Oct-2022
Initiation of Refunds: 18-Oct-2022
Credit of Shares : 19-Oct-2022
IPO Listing Date : 20-Oct-2022

Face vale-Rs 1/-
Promoter holding-50.9%,
Huge OFS,
LOSS MAKING,
Business model does NOT seem sustainable for long term.
IPO just a window for marquee investors to exit with profit !!
AVOID.

its a bad company and failed business, this will loose badly, avoid this company

Thanks Honey Bear….will avoid

Mostly probable on 10-oct to 12-oct.

Is is regular forum? Or forum meant for new members only.

May be this ipo will postpone

Even though the market was down, the new IPOs came with too much manipulations.. DreamFolks, Harsha, etc.. trapped the investors. So beware of this IPO as well.. Remember that others like 1) Latent View, 2) RateGain are yet to build any positive momentum in the market.. So I suggest to subscribe only for the Listing day gains..

What gain? Existing investors are running out and trying to get maximum money at time of IPO. If SEBI rules were not there restricting exit by PE then we would have seen even bigger sale
Listing gains means some one is optimist about future. Pray who is it? Now with SHNI and BHNI you can get sufficient allotment at IPO price itself
HNI game has changed post April 1, 2022

Linkintime=setting in time with linkintime otherwise you will get big zero..

@PKRAJ, check past registrar's scams, setting is not a big deal

@StockTerminator
You are absolutely correct. Scams are always there. Happened and will happen. But is it possible for we people to manage? That's why I said "Setting is not possible".
Scams are the part of life and have to bear it. We can't be a part of scam and not advisable to be a part. May God save us.
My thinking. May members differ.
Have a nice Evening.

loss making company

Loss making company, holding less than 51% equity only. Total OFS. Holding will be less than 50% after this IPO. Face value of Rs.1. Only waiting for issue price.
At present difficult to say anything.
But not looking good at present. No question of great at all.
Wait and Watch.

@PKRAJ tentative price 50 to 60 rs issue size nearly 500 cr

Avoiding.
Applying here is waste of time as the registrar is linkintime.

Ofs is concern but major loss is covered, dates n price band confirmed n dates clashes with EMI.

Aha Tech company making losses, these were rare after paytm. Lets see at what valuation they bring up

This time lucky to get allotment 1/3 after so many decades. Sorry so many issues.
Now is the turn to get allotment in SME issue. Thanks, upper wale

Aether will surely reward patient investors. Only 50L shares are with Retail, HNI and employees, rest all with QIB. In preopening around 15L shares have already changed hands Any weakness will be a buy opportunity.
Got 2 lots in retail. Shortage of funds else would have bought in preopening.

Good Luck to all. Hope it turns out to be next Gland Pharma

Though I have got allotments in all accounts, I will buy it further @ 210-230 if it goes down like most of the recent listings. My strategy in Campus and Rainbow really worked wonders.

Third party ASBA stopped in SBI NET BANKING
But some are able to apply through mobile banking , enjoy till they fix the same

I have got allotment via third party for Harsh engineering ipo

@Nirmal: Which bank did you use for this 3rd party?