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Tracxn Technologies IPO GMP, Tracxn Technologies IPO Grey Market Premium

Tracxn Technologies IPO GMP, Grey Market Premium, Price, Review

Know all information about Tracxn Technologies IPO: Tracxn Technologies IPO GMP (Tracxn Technologies Grey Market Premium), Tracxn Technologies IPO Date, Tracxn Technologies IPO Review, Tracxn Technologies IPO Benefits & Risks. We will update Tracxn Technologies GMP daily. Also, all information related to Tracxn Technologies IPO like price band, all dates, issue size and retail parts etc. All the important information about Tracxn Technologies IPO is given below.
Tracxn Technologies IPO GMP

    Tracxn Technologies IPO

    Tracxn Technologies primarily provides Market Intelligence data for companies. The IPO of Tracxn Technologies Limited is expected in early 2022. Tracxn Technologies Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs 309.38 (38,672,208 Equity Shares) crore through IPO (Initial public offering). 

    Tracxn Technologies IPO will open on 10 October 2022 and close on 12 October 2022. The price band of the Tracxn IPO is ₹75 to ₹80. The company is looking to raise around ₹309.38 crores through an initial public offering (IPO). Tracxn Technologies IPO QIB quota is 75%, NII quota is 15% and RII quota is 10%. Tracxn Technologies IPO listing date is 20 October 2022. Tracxn Technologies Limited IPO GMP (Grey Market Premium) is given below.

    Tracxn Technologies has not performed very well in the last three financial years, the company has been at a loss for the last 3 financial years. Tracxn Technologies IPO Size is ₹309.38 crores. In this IPO, approx 38,672,208 Equity shares will be sold under OFS (Offer for sale). The IPO of Tracxn Technologies will be listed on NSE and BSE.  Tracxn Technologies IPO face value is ₹1 per equity share.

    We will talk about Tracxn Technologies' financial, benefits, and risks of investing in the company.
    Read About 



    What is Tracxn Technologies IPO GMP Today?
    Tracxn Technologies IPO GMP is ₹-.


    What is the Tracxn Technologies IPO Date?
    Tracxn Technologies IPO Opening date is 10 October 2022.


    What is Tracxn Technologies IPO Expected Return?
    Tracxn Technologies IPO Expected Returns is approx -%.



    About Tracxn Technologies Limited

    Tracxn Technologies was started as a startup in the year 2013. The main job of the company is to provide market intelligence data to other private companies. The company has an extensive global database allowing its clients to source and track companies across all regions and geographies.

    Tracxn Technologies has emerged as one of the top five players globally in terms of the number of companies offering their solutions. The company has scanned over 550 million web domains with software in the form of a platform called Tracxn.

    The company has a global network. According to the company, their Tracxn platform is a research partner for more than 850 investors, corporates, and government bodies worldwide, used by private market investors, investment banks, innovation, and digital transformation teams, government agencies, universities, and incubators.


    The company offers the following types of facilities and products to its customers.
    • Data Sets
    • Deal Discovery
    • In-depth Reports
    • Productivity Tools
    • Competition Analysis
    • Enterprise-Grade Support


    Important Links:

    Purpose of the offer 

    • For the sale of 38,672,208 Equity Shares by the promoters in this IPO.
    • To achieve the benefits of listing equity shares on the stock exchanges.

    Tracxn Technologies GMP Today (Grey Market Premium)

    [Tracxn IPO GMP is given below.]
    DATEGMPKOSTAKSubject to Sauda
    October
    October
    October
    October
    October
    10 October
    09 October
    08 October
    07 October
    06 October
    05 October₹-₹-₹-

    Tracxn Technologies IPO Date and  Price Band Details

    Tracxn Technologies IPO open date: 10 October 2022, Closing date: 12 October 2022, and Listing date: 20 October 2022. The price band of Tracxn Technologies IPO is ₹75 to ₹80 per share. Tracxn Technologies IPO issue size is Rs 1350 crores. Tracxn Technologies Ipo retails portion is 10%, QIB Portion is 75%, and NII Portion 15%.

    IPO Open:10 October 2022
    IPO Close:12 October 2022
    Listing Date:20 October 2022
    Listing On:NSE & BSE
    IPO Size:Approx ₹309.38 Crores
    Fresh Issue:N/A
    Offer For Sale:Approx ₹309.38
    Price Band:₹75 to ₹80 per share
    Face Value:₹1 Equity share
    QIB Portion:75%
    Retail Portion:10%
    NII Portion:15%
    Employee Res:Not Disclosed

    Tracxn Technologies IPO Market Lot & Size

    Tracxn Technologies IPO's minimum lot size is 185 shares with ₹14,800 application amount and the maximum lot size is 2405 shares with ₹192,400 application amount.

    Minimum Lot:01
    Minimum Lot Size:185 Shares
    Minimum Amount:₹14,800
    Maximum Lot:13
    Maximum Lot Size:2405 Shares
    Maximum Amount:₹192,400

    Tracxn Technologies IPO Allotment & Listing Date

    Ipo Opening Date:10 October 2022
    IPO Closing Date:12 October 2022
    Basis of Allotment:17 October 2022
    Refund Date:18 October 2022
    Credit to Demat Account:19 October 2022
    Listing Date:20 October 2022

    Tracxn Technologies IPO Review

    HappiestPost View: To be updated.

    Brokerage Firm IPO Reviews

    • Motilal Oswal: To be updated
    • ICICI Securities: To be updated
    • Capital Market: To be updated
    • Ventura Securities Limited: To be updated
    • GEPL Capital Ltd: To be updated soon

    Tracxn Technologies Ipo Review

    [Not rated yet (To be updated)]

    Review For Listing Gain


    Review For Short term


    Review For Long term


    Strength

    • The company has a well-established omnibus network.
    • Tracxn Technologies has emerged as one of the leading providers of market intelligence data for private companies globally.
    • The company has an experienced and highly qualified management team.
    • The company has long associations and a global customer base.
    • The company's operations are based in India due to which there is a cost advantage.

    Risks

    • The impact of the COVID-19 pandemic on the company's business and operations is still unknown.
    • The company relies on third-party logistics services and other distribution companies.
    • The company has a dependence on certain customers, if the relationship with the customers is bad then it will affect their business.
    • The financial track record of the company has not been good, the company had a loss of 54 crores in the financial year 2020 while there was a loss of 5 crores in the financial year 2021.

     

    Tracxn Technologies Financials

    Tracxn Technologies Financials(in Crores)

    YearTotal AssetsRevenueProfit
    2019₹44₹66₹12
    2020₹52.386.31-₹54
    2021₹48.46₹55.74-₹5
    2022₹54.01₹65.16-₹4.85


    Promotors

    The promoters of the company are:
    • Neha Singh
    • Abhishek Goyal

    Contact Details of Tracxn Technologies

    Tracxn Technologies Limited
    48, First Floor, DVG Road,
    Basavangudi, Bengaluru – 560 004,
    Karnataka, India
    Phone: +91 90360 90116
    Email: compliance-officer@tracxn.com

    Tracxn Technologies Lead Managers

    • IIFL Securities Ltd

    Tracxn Technologies IPO Registrars

    Link Intime India Private Limited
    C-101, 247 Park, L.B.S Marg, Vikhroli (West)
    Mumbai 400 083, Maharashtra
    Phone: +91-22-4918 6270
    Email: tracxn.ipo@linkintime.co.in


    Conclusion

    The company primarily provides market intelligence data for private companies. If we look at the financial position of the company, then the company has been at a loss for the last 2 financial years although the company has improved its financials.

    Tracxn Technologies Ltd has some good and some bad stuff that you can see in the "Strengths" and "Risks" sections above. Our suggestion will be updated when Traxon Technologies IPO price band and other IPO details are announced.


    Tracxn Technologies IPO FAQs

    What is Tracxn Technologies IPO GMP Today?
    Tracxn Technologies IPO GMP is ₹- as of today.

    What is Tracxn Technologies IPO Opening Date?
    Tracxn Technologies IPO Opening date is 10 October 2022.

    What is Tracxn Technologies IPO Closing Date?
    Tracxn Technologies IPO Closing date is 12 October 2022.

    What is the Tracxn Technologies IPO Allotment date?
    Tracxn Technologies IPO Allotment Date is 17 October 2022.

    What is Tracxn Technologies IPO Listing Date?
    Tracxn Technologies IPO Date is 20 October 2022.

    What is Tracxn Technologies IPO Kostak Rate?
    Tracxn Technologies IPO Kostak rate is ₹-.

    What is Tracxn Technologies IPO Expected Returns?
    Tracxn Technologies IPO Expected Returns is -%.


    Read More:

    For other important information related to the stock market and Grey Market Premium, Costak rate, you can click on the links given below.  

    How to Apply the Tracxn Technologies Ltd IPO with Zerodha?

    1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO. 
    2. If you are a Desktop user then Log in to Console on Zerodha Website. Go to Portfolio and Click on IPO. 
    3. You will see the IPO name "Tracxn Technologies Ltd". 
    4. Then, Click on Bid Button.
    5. Then, Enter your UPI ID.
    6. Then, Fill in Quantity and Price. (we recommend, you should choose the cutoff price.) 
    7. Then Submit the IPO Application Form. 
    8. Now go to your UPI App (PhonePe, Google Pay, etc)  or BHIM App to Approve the mandate.


    Disclaimer

    1. We are not involved in gray market trading in any way. And do not provide the facility to buy or sell any IPO from IPO. 
    2. Reference to IPO Grey Market Premium (IPO GMP) is valid only for the date specified in the header. 
    3. We are not involved in the buying or selling of IPO form. 
    4. Do not decide to subscribe to an IPO solely based on GMP (Grey Market Premium), as this can change at any time. Research the fundamentals and financial statements of companies before subscribing.

    We hope you like this article about Tracxn Technologies IPO. If you have a query about Tracxn Technologies IPO Please post a comment. 

    Thanks For Visiting & Happy Investing.


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