Tracxn Technologies Limited
- IPO Date10 Oct, 2022 to 12 Oct, 2022
- Listing Date20 Oct, 2022
- Face Value₹1 per share
- Issue Price₹75 to ₹80 per share
- Lot Size185 Shares
- Minimum Investment₹14,800
- Listing AtBSE, NSE
- Total Issue Size3,86,72,208 Shares
(aggregating up to ₹309.38 Cr) - Fresh Issue-
- Offer for Sale3,86,72,208 Shares
(aggregating up to ₹309.38 Cr) - Issue TypeBook Built Issue IPO
- Share holding pre issue-
- Shareholding post issue-
IPO Dates
Closing Date
12 Oct, 2022
Initiation of Refunds
19 Oct, 2022
Listing Date
20 Oct, 2022
10 Oct, 2022
Opening Date
17 Oct, 2022
Basis of Allotment
19 Oct, 2022
Credit of Shares
Tracxn Technologies Limited Lot Size
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 | ₹1,92,400 |
Tracxn Technologies Limited Promoter Holding
Neha Singh and Abhishek Goyal are the company promoters.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 50.93% | 35.65% |
Tracxn Technologies Limited COMPANY INFORMATION
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.
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:
- One of the leading providers of market intelligence data for private companies globally
- Diverse, longstanding, and growing global customer base
- In-house developed, scalable, and secure technology platform
- Significant cost advantages from India-based operations
- Experienced promoters, board of directors, and senior management team backed by marquee investors
FAQs About Tracxn Technologies Limited
Tracxn Technologies Limited will open on 10 Oct, 2022 and close on 12 Oct, 2022. Investors must apply within this period to participate.
The Tracxn Technologies Limited price band is set between ₹75.00 and ₹80.00 per share. The minimum lot size is 185, requiring an investment of at least ₹14800.00.
The Tracxn Technologies Limited shares are expected to be listed on 20 Oct, 2022, subject to regulatory approvals and final allotment.
You can track your Tracxn Technologies Limited application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Tracxn Technologies Limited will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.