IPO Issue Details
Issue Price / Price Band₹80 per share (Fixed Price)
Face Value₹1 Per Share
Lot Size185 Shares per Lot
Total Issue Size3,86,72,208 shares (aggregating up to ₹309.38 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryOffer For Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenMon, 10 Oct 2022
Subscription CloseWed, 12 Oct 2022
Anchor AllotmentFri, 07 Oct 2022
Basis of AllotmentMon, 17 Oct 2022
Initiation of RefundsTue, 18 Oct 2022
Credit of Shares to DematWed, 19 Oct 2022
Listing DateThu, 20 Oct 2022
UPI Mandate Deadline2022-10-12
Application & Investment Details
Retail — Min (1 Lots)₹14,800 — 185 shares
Retail — Max (13 Lots)₹192,400 (13 Lots)
HNI — Min (14 Lots)₹2,07,200 — 2,590 shares
P/E Ratio (Pre-IPO)240x
Pre-IPO Promoter Holding10,03,10,185 shares
Post-IPO Promoter Holding10,03,10,185 shares
About Tracxn Technologies Ltd.
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 globallyDiverse, longstanding, and growing global customer baseIn-house developed, scalable, and secure technology platformSignificant cost advantages from India-based operationsExperienced promoters, board of directors, and senior management team backed by marquee investors
Objects of the Issue
(Standard — DRHP pending)
Tracxn Technologies Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
Funding of Capital Expenditure Requirements
2
Working Capital Requirements
3
General Corporate Purposes
Detailed fund allocation will be available once the company files DRHP with
SEBI.
Shareholding & Lock-in
Pre-IPO Promoter Holding
10,03,10,185 shares
Post-IPO Promoter Holding
10,03,10,185 shares
Lock-in Period (30%)November 16, 2022
Lock-in Period (50%)January 15, 2023