Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
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.
Iifl Securities Ltd is the book running lead manager of the Tracxn Technologies IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to Tracxn Technologies IPO RHP for detailed information.
| 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 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%) |
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 |
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 |
| Lot Size Calculator | |||
Neha Singh and Abhishek Goyal are the company promoters.
| Share Holding Pre Issue | 50.93% |
| Share Holding Post Issue | 35.65% |
Founded in 2013, Tracxn Technologies provides market intelligence data for private companies. The company's extensive global database and customized solutions and features allow its customers to source and track companies across sectors and geographies to address their requirements.
The company is ranked among the top five players globally in terms of the number of companies profiled offering data on private market companies across sectors and geographies. The company has an asset light business model and operate a Software as a Service ("SaaS")-based platform, Tracxn, that scanned over 662 million web domains, and profiled over 1.84 million entities across 2,003 Feeds categorized across industries, sectors, sub-sectors, geographies, affiliations and networks globally, as of May 31, 2021.
The company has 3,271 users across 1,139 Customer Accounts in over 58 countries, as of June 30, 2022, and its customers include several Fortune 500 companies and/or their affiliates.
The company offers private company data to its customers for deal sourcing, identifying M&A targets, deal diligence, analysis, and tracking emerging themes across industries and markets, among other uses, through its Tracxn platform.
Competitive Strengths:
| 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 |
The market capitalization of Tracxn Technologies IPO is Rs 802.48 Cr.
| Pre IPO | Post IPO | |
|---|---|---|
| P/E (x) | 240 |
To achieve the benefits of listing the equity shares on the Stock Exchanges and the sale of up to 38,672,208 Equity Shares by the selling shareholders
[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...
The Tracxn Technologies IPO is subscribed 2.01 times on October 12, 2022 7:00:00 PM. The public issue subscribed 4.87 times in the retail category, 1.66 times in the QIB category, and 0.80 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 1.66 |
| NII | 0.80 |
| bNII (bids above ₹10L) | 0.72 |
| sNII (bids below ₹10L) | 0.94 |
| Retail | 4.87 |
| Total | 2.01 |
| Listing Date | October 20, 2022 |
| BSE Script Code | 543638 |
| NSE Symbol | TRACXN |
| ISIN | INE0HMF01019 |
| Final Issue Price | ₹80 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE |
|---|
| ₹80.00 |
| ₹83.00 |
| ₹83.00 |
| ₹99.60 |
| ₹93.35 |
| NSE |
|---|
| ₹80.00 |
| ₹84.50 |
| ₹83.00 |
| ₹100.00 |
| ₹93.25 |
Tracxn Technologies Limited
48, First Floor, DVG Road,
Basavangudi, Bengaluru – 560 004,
Karnataka, India
Phone: +91 90360 90116
Email: compliance-officer@tracxn.com
Website: https://tracxn.com/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: tracxn.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
Tracxn Technologies IPO is a main-board IPO of 38,672,208 equity shares of the face value of ₹1 aggregating up to ₹309.38 Crores. The issue is priced at ₹75 to ₹80 per share. The minimum order quantity is 185 Shares.
The IPO opens on October 10, 2022, and closes on October 12, 2022.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Tracxn Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in Tracxn Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Tracxn Technologies IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Tracxn Technologies IPO opens on October 10, 2022 and closes on October 12, 2022.
Tracxn Technologies IPO lot size is 185 Shares, and the minimum amount required is ₹14,800.
You can apply in Tracxn Technologies IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Tracxn Technologies IPO will be done on Monday, October 17, 2022, and the allotted shares will be credited to your demat account by Wednesday, October 19, 2022. Check the Tracxn Technologies IPO allotment status.
Useful Articles
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
RHP
Top Contributor (200+ Posts, 100+ Likes)
IPO Guru (1000+ Posts, 500+ Likes)
IPO Mentor (600+ Posts, 400+ Likes)
