Everything You Need to Know About the Tracxn Technologies Limited IPO

Tracxn Technologies is among the leading global market intelligence providers for private company data and ranks among the top 5 players globally in terms of the number of companies profiled, offering data across sectors and geographies, ranging from emerging technology sectors like IoT, artificial intelligence, virtual reality, robotics, blockchain, and electric vehicles.

The company’s platform has 3,271 users across 1,139 Customer Accounts in over 58 countries, as of June 30, 2022, increasing at a CAGR of 30.42%, which includes a number of Fortune 500 companies and their affiliates.

The customer base is divided among;

  • Private market investors, Venture capitalists, and Investment banks

  • Corporates across industries

  • Others - including government agencies, universities, accelerators, and incubators

The public offer of Tracxn Technologies comprises an offer for sale of 3.87 crore equity shares aggregating up to Rs. 310 crores at the upper end of the price band.

Financial Snapshot

Financial Year Ended Revenue (₹ Crores) Profit for the period (₹ Crores) EPS (₹)
March 2020 6.31 - 54.03 - 5.54
March 2021 55.7 - 5.35 - 0.55
March 2022 65.2 - 4.85 - 0.48
June 2022 19.1 0.84 0.08

For more information, you can check the IPO Prospectus filed by the company :point_down:

IPO Details

Issue Period 10th October 2022 to 12th October 2022
Price Range Rs. 75 - 80
Minimum Bid Quantity 185 and in multiples thereof
Finalization of Allotment 17th October 2022
Initiation of Refunds 18th October 2022
Credit of Shares 19th October 2022
Date of Listing 20th October 2022
Mandate end date 27th October 2022
Anchor Investors Lock-in End Date 11th November 2022

How do I apply to the Tracxn Technologies Limited IPO?

You can apply for the Tracxn Technologies Limited IPO using any supported UPI app by following two steps:

  • Enter your bid on Kite
  • Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

Where do I check the allotment status for Tracxn Technologies Limited IPO?

You can check the allotment status for the Tracxn Technologies Limited IPO on the website of the Registrar and Transfer agent.

Alternatively, you can also check the allotment status on the NSE website.

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