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Tracxn Technologies IPO Review Summary

Review By Subscribe Neutral Avoid
Brokers 2 2 2
Members 0 2 20

Tracxn Technologies IPO Details

IPO Open Oct 10, 2022
IPO Close Oct 12, 2022
IPO Price ₹80
Face Value ₹1
IPO Size ₹309.38 Cr
Listing At BSE, NSE
Lot Size 185

Tracxn Technologies IPO Review by Brokers & Analysts

ReviewerRecommendation
Arihant Capital Markets LtdMay Apply
Axis CapitalNot Rated
Capital MarketNeutral
Dilip DavdaAvoid
Hem SecuritiesApply
ICICI DirectNot Rated
Religare Broking LimitedNeutral
TopShareBrokers.comAvoid

Tracxn Technologies IPO Capital Market Rating

ReviewerRating
Capital Market43

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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Member Review
Silent Learner

Avoid

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

Cause money saved is money Earned

Oct 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.

Oct 12, 2022 8:18:23 AM
Crow
Top Contributor Top Contributor (300+ Posts, 200+ 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

Oct 11, 2022 11:07:33 AM
AAA JAI

Avoid

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

Oct 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

Oct 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

Oct 10, 2022 5:14:25 AM
CapitalPower

Avoid

GMP not impressive. Loss making company.

Oct 9, 2022 4:31:32 PM
IPOTraders

Avoid

Promoter holding very less,
Accounting figures not looking good

Oct 9, 2022 8:51:24 AM
IPOmentorbombay

Avoid

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

Oct 8, 2022 4:49:24 PM
sahab
Top Contributor Top Contributor (300+ Posts, 200+ Likes)

Avoid

not apply

Oct 8, 2022 11:27:33 AM
bAAz
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)

Neutral

Neutral on this ipo

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

Avoid

Loss making comapany

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

Avoid

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

Oct 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

Oct 7, 2022 2:46:56 AM
PeterEngland

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

Oct 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/-

Oct 5, 2022 8:10:35 PM
Suraj....
Top Contributor Top Contributor (200+ Posts)

Avoid

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

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

Avoid

It's a loss making company since 3 years

Oct 5, 2022 4:37:28 PM
arunARUN
IPO Guru IPO Guru (1500+ Posts, 1400+ Likes)

Avoid

TOO expensive

I Like It. 1

Oct 5, 2022 9:31:17 PM
B.M.SURANA
IPO Mentor IPO Mentor (700+ Posts, 700+ 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

Oct 4, 2022 8:58:38 AM
Rajesh s.

Avoid

𝘓𝘰𝘴𝘴 𝘮𝘢𝘬𝘪𝘯𝘨 𝘤𝘰𝘮𝘱𝘢𝘯𝘺/𝘵𝘰𝘵𝘢𝘭 𝘰𝘧𝘴/ 𝘱𝘳𝘰𝘮𝘰𝘵𝘦𝘳𝘴 𝘦𝘹𝘪𝘵.

Sep 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.

Sep 29, 2022 5:25:59 PM

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2 Comments

2. DILIP RATHOD     Link|Oct 11, 2022 5:55:33 AM
A loss making family company, unreasonably higher priced. Better avoided
1. B. M. SURANA   I Like It. 2|  Link|Oct 4, 2022 12:51:30 PM
Loss Making Company
Low Promoters holding
Dar lagta hai
[ Before applying consult with your financial advisor and do your own research ]