Tracxn IPO description – The company ranks among the top five players globally in terms of number of companies profiled offering data of private market companies across sectors and geographies. It was incorporated in 2012 and has been recognized by Forbes as among the ‘Top 100 Analytics Startups of 2015’ and by Business Today as one of the ‘Coolest Startups of India’ in 2016. It has extensive coverage of private companies in emerging technology sectors including IoT, artificial intelligence, virtual reality, robotics, blockchain and electric vehicles.
The company has an asset light business model and operates a Software as a Service (SaaS)-based platform, Tracxn, that scanned over 550 million web domains, and profiled over 1.4 million entities across 1,805 feeds categorized across industries, sectors, sub-sectors, geographies, affiliations and networks globally as of March 31, 2021. This platform had 2,358 users across 855 Customer Accounts in over 50 countries, as of March 31, 2021. Its customers include a number of Fortune 500 companies and their affiliates such as Unilever Industries.
The company’s operations are supported by investments from angel investors such as Ratan Tata, the NRJN Family Trust, Neeraj Arora, Sachin Bansal, Binny Bansal, Amit Ranjan, Girish Mathrubootham, Anand Rajaraman, Amit Singhal and Ashish Gupta. It has also received investments from Elevation Capital, Accel Partners, Sequoia Capital, Prime Venture Partners and KB Investments.
Promoters of Tracxn Technologies – Neha Singh and Abhishek Goyal
Tracxn IPO Details
| Subscription Dates | 10 – 12 October 2022 |
| Price Band | INR 75 – 80 per share |
| Fresh issue | NIL |
| Offer For Sale | 38,672,208 shares (INR 290.04 – 309.38 crore) |
| Total IPO size | 38,672,208 shares (INR 290.04 – 309.38 crore) |
| Minimum bid (lot size) | 185 shares (INR 14,800) |
| Face Value | INR 1 per share |
| Retail Allocation | 10% |
| Listing On | NSE, BSE |
Tracxn Technologies’ Financial Performance
| Â | FY2019 | FY2020 | FY2021 | FY2022 |
| Revenue | 66.8 | 6.3 | 55.7 | 65.2 |
| Expenses | 54.4 | 60.3 | 61.1 | 65.5 |
| Net income | 12.4 | (54.0) | (5.3) | (4.8) |
| Margin (%) | 18.6 | (857.1) | (9.5) | (7.4) |
Tracxn IPO News
Tracxn Technologies Valuations & Margins
| FY2019 | FY2020 | FY2021 | FY 2022 | |
| EPS | (1.75) | (5.54) | (1.52) | (0.48) |
| PE ratio | – | – | – | NA |
| RONW (%) | 14.96 | (39.95) | (24.06) | (23.49) |
| ROCE (%) | NA | 0.40 | (0.20) | (0.28) |
| EBITDA (%) | (62.04) | (60.12) | (38.97) | (10.10) |
| Net Debt/Equity | NA | NA | NA | NA |
| NAV | (8.50) | (13.87) | 2.28 | 2.06 |
Tracxn IPO GMP Daily Trend
| Date | Tracxn IPO GMP | Kostak | Subject to Sauda |
| 19 Oct 2022 | – | – | – |
| 18 Oct 2022 | (5) | – | – |
| 17 Oct 2022 | (5) | – | – |
| 15 Oct 2022 | (5) | – | – |
Tracxn IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 1,16,01,663 | 58,00,831 | 38,67,220 | 2,12,69,714 |
| 10 Oct 2022 | 0.00 | 0.03 | 1.33 | 0.23 |
| 11 Oct 2022 | 0.00 | 0.25 | 2.61 | 0.54 |
| 12 Oct 2022 | 1.66 | 0.80 | 4.87 | 2.01 |
Tracxn Technologies IPO Reviews – Subscribe or Avoid?
Angel One –
Anand Rathi –
Antique Stock Broking –
Arihant Capital –
Ashika Research –
Asit C Mehta –
BP Wealth – Avoid
Canara Bank Securities – Avoid
Choice Broking – Avoid
Elite Wealth –
GEPL Capital –
Hem Securities – Subscribe for long term
ICICIdirect – Unrated
IDBI Capital –
KR Choksey –
Marwadi Financial Services –
Motilal Oswal –
Nirmal Bang –
Reliance Securities – Unrated
Religare Broking – Neutral
Samco Securities –
SMC Global – 2/5
Ventura Securities – Not rated
Tracxn Technologies Offer Registrar
Link Intime India Private LimitedÂ
C-101, 1st Floor,
247 Park Lal Bahadur Shastri Marg,
Vikhroli (West) Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email:Â [email protected]
Website:Â http://www.linkintime.co.in
Tracxn Technologies Contact Details
Tracxn Technologies Limited
L-248, 2nd Floor, 17th Cross,
Sector 6, HSR Layout,
Bengaluru 560 102,
Karnataka, India
Phone:Â +91 90360 90116
E-mail: [email protected]
Website: www.tracxn.com;
Tracxn IPO Allotment Status
Tracxn Technologies IPO allotment is now available on Link Intime’s website. Click on this link to get allotment status.
Tracxn IPO Timetable
| IPO Opening Date | 10 October 2022 |
| IPO Closing Date | 12 October 2022 |
| Finalisation of Basis of Allotment | 17 October 2022 |
| Initiation of refunds | 18 October 2022 |
| Transfer of shares to demat accounts | 19 October 2022 |
| Listing Date | 20 October 2022 |
| Opening Price on NSE | INR 84.5 per share (up 5.63%) |
| Closing Price on NSE | INR 94.2 per share (up 17.75%) |
Tracxn IPO FAQs
How many shares in Tracxn IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%.
How to apply in Tracxn Technologies Public Offer?
The best way to apply in Tracxn Technologies IPO is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Tracxn IPO GMP today?
Tracxn IPO GMP today is NA per share.
What is Tracxn IPO kostak rate today?
Tracxn Technologies IPO kostak rate today is NA per application.
What is Tracxn Technologies Subject to Sauda rate today?
Tracxn Technologies Subject to Sauda rate today is NA per application.
