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October 10, 2022 - October 12, 2022

Tracxn Technologies IPO Review & Recommendations

Hem Securities has given "Apply" recommendation to Tracxn Technologies IPO. Arihant Capital Markets Ltd has given "May Apply" recommendation to Tracxn Technologies IPO. Capital Market and Religare Broking Limited have "Neutral" view about the IPO. Dilip Davda and InvestorGain.com recommend to "Avoid" the IPO.Axis Capital and ICICI Direct have "Not Rated" the IPO.

Tracxn Technologies IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
Count 1 1 2 2 2
% 12.50 12.50 25.00 25.00 25.00

Tracxn Technologies IPO Analysis By Brokers/Analysts

Reviewer Recommendation Past Reviews
Arihant Capital Markets LtdExternal link May Apply
Axis CapitalExternal link Not Rated
Capital MarketExternal link Neutral
Dilip Davda Avoid
Hem SecuritiesExternal link Apply
ICICI DirectExternal link Not Rated
Religare Broking LimitedExternal link Neutral
InvestorGain.comExternal link Avoid

Tracxn Technologies IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Tracxn Technologies IPO is 43. Their analysis recommends Avoid, however active risk seekers can try for the IPO.

Reviewer Rating Score Rating
Capital Market 43 Avoid, however active risk seekers can try

Tracxn Technologies IPO Review by Dilip Davda (Avoid)

[Dilip Davda]  TTL has posted annual losses till the last fiscals. Its financial data in Rupees Thousand appears to be an eyewash. Based on FY23-Q1 earnings, the issue is greedily priced discounting all near-term positives. This being a pure long-term bet, investors may wait to buy at a discount post-listing as it may take some time to wipe out carried forward losses. There is no harm in skipping this pricy bet. Read detail review...


Tracxn Technologies IPO Review by Members

Tracxn Technologies IPO Reviews, analysis and views by popular members. Read Tracxn Technologies Limited IPO reviews by retail investors to find recommended ipo to buy.

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Tracxn Technologies IPO Review Summary by Members

Review By Apply May Apply Neutral Avoid
Count 0 0 2 20
% 0.00 0.00 9.09 90.91
Clear Search
Member Review
Silent Learner

Avoid

If u want to earn from this IPO, then avoid it

Cause money saved is money Earned

October 12, 2022 2:07:42 PM
OHO® Trading

Avoid

Over valuation. Promoters are just trying to exit. Total assets are just 1/5th of the 15% Capital. Looking like they are unaware of their financial position.

October 12, 2022 8:18:23 AM
Crow
IPO Mentor IPO Mentor (700+ Posts, 900+ Likes)

Avoid

It's rare to see a company with so many negatives and no redeeming quality raising funds with no specific ambition and only to enable PE investors exit. Other than the 75% QIB quota (which if oversubscribed could signal a 5-10% listing gain for the courageous to participate should Nifty stay at 17k), Tracxn unsurprisingly has no single positive thing in its offer. I'll be skipping this in retail as it's anyway 2x subscribed.

9 red flags out of 10. Avoid but keep crowing!

I Like It. 2

October 11, 2022 11:07:33 AM
AAA JAI (200+ Posts)

Avoid

Nothing left for investors here. Rather Buy better performing from secondary market.

October 10, 2022 11:15:11 AM
AIExpert

Avoid

All major investors are exiting by offer for sale. They cand find any investors and that's why they are doing ipo and running away. This company is loss making and will never be able to make good profits

October 10, 2022 6:05:31 AM
Investing for a better tomorrow
Top Contributor Top Contributor (200+ Posts, 100+ Likes)

Avoid

Their product is corporate espionage, that alone should raise all the red flags.

There is nothing left for the investors, on listing there can be a fake pop, but soon it will be a bloodbath.

I Like It. 1

October 10, 2022 5:14:25 AM
CapitalPower

Avoid

GMP not impressive. Loss making company.

October 9, 2022 4:31:32 PM
IPOTraders
IPO Mentor IPO Mentor (700+ Posts, 300+ Likes)

Avoid

Promoter holding very less,
Accounting figures not looking good

October 9, 2022 8:51:24 AM
IPOmentorbombay

Avoid

Second paytm policy bazaar not worth price even they offer at 10₹ face value. Clear avoid

October 8, 2022 4:49:24 PM
sahab
IPO Mentor IPO Mentor (900+ Posts, 500+ Likes)

Avoid

not apply

October 8, 2022 11:27:33 AM
IEC
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)

Neutral

Neutral on this ipo

October 8, 2022 12:20:23 AM
JAGADISH RATNAKARAM

Avoid

Loss making comapany

October 7, 2022 10:37:13 PM
Leena Chopra

Avoid

Not a good company and failed business so avoid this company.

October 7, 2022 12:13:11 PM
Blick

Avoid

Nitin spinners is 1200 crore with 300 crore profit.

This one is a 1200 crore company with 1 crore profit. Wth

October 7, 2022 2:46:56 AM
PeterEngland
Top Contributor Top Contributor (200+ Posts, 100+ Likes)

Avoid

100% avoid, don't care if there's even any listing gain, garbage financials, no growth prospect and also not a single rupee goes to the company.

Promoter couple(yes, they're married) will collect 300cr. and live happily ever after.

As always. retail investors will pay the bills for such greedy people.

I Like It. 1

October 6, 2022 7:37:35 PM
GOEL STOCK LINK

Avoid

AVOID AVOID
1- OFFER FOR SALE
2- LOSS MAKINK
REMARK- FACE VALUE RS 1/-
IF FACE BALUE 10/- THAN IPO PRICE 800/-

October 5, 2022 8:10:35 PM
Suraj....
Top Contributor Top Contributor (300+ Posts, 100+ Likes)

Avoid

Continuous loss making company. Better options are available in secondary market.

October 5, 2022 6:03:20 PM
Baradi Shivakumar

Avoid

It's a loss making company since 3 years

October 5, 2022 4:37:28 PM
arunARUN
IPO Guru IPO Guru (1800+ Posts, 1600+ Likes)

Avoid

TOO expensive

I Like It. 1

October 5, 2022 9:31:17 PM
B.M.SURANA
IPO Guru IPO Guru (2500+ Posts, 4600+ Likes)

Neutral

Loss Making Company.
Promoters holding dekh ke hi dar lagta hai.

[ Before Applying consult with your financial advisor and do your own research ]

I Like It. 2

October 4, 2022 8:58:38 AM
Rajesh s.
Top Contributor Top Contributor (400+ Posts, 600+ Likes)

Avoid

𝘓𝘰𝘴𝘴 𝘮𝘢𝘬𝘪𝘯𝘨 𝘤𝘰𝘮𝘱𝘢𝘯𝘺/𝘵𝘰𝘵𝘢𝘭 𝘰𝘧𝘴/ 𝘱𝘳𝘰𝘮𝘰𝘵𝘦𝘳𝘴 𝘦𝘹𝘪𝘵.

September 30, 2022 7:31:13 PM
IPOINPUT

Avoid

Registrar is Link Intime. Avoid regardless of the offer price. They will allot if market is down and price is high only.

September 29, 2022 5:25:59 PM

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2 Comments

2. DILIP RATHOD     Link|October 11, 2022 4:55:33 AM
A loss making family company, unreasonably higher priced. Better avoided
1. B. M. SURANA   I Like It. 2|  Link|October 4, 2022 11:51:30 AM
Loss Making Company
Low Promoters holding
Dar lagta hai
[ Before applying consult with your financial advisor and do your own research ]