Tracxn Technologies Limited IPO (Tracxn Technologies IPO) Detail

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

Company Financials

ParticularsFor the year/period ended (₹ in Crore)
Total Assets56.7849.9354.0148.4652.38
Total Revenue19.0815.4465.1655.746.31
Profit After Tax0.923-0.837775-4.852-4.152-54.826
Net Worth22.9822.0420.6422.22-135.24
Reserves and surplus12.9521.1410.6121.32-135.44

Objects of the Issue

To achieve the benefits of listing the equity shares on the Stock Exchanges and the sale of up to 38,672,208 Equity Shares by the selling shareholders

Tracxn Technologies IPO Details

Tracxn Technologies IPO DateOct 10, 2022 to Oct 12, 2022
Tracxn Technologies IPO Face Value₹1 per share
Tracxn Technologies IPO Price₹75 to ₹80 per share
Tracxn Technologies IPO Lot Size185 Shares
Issue Size38,672,208 shares of ₹1
(aggregating up to ₹309.38 Cr)
Offer for Sale38,672,208 shares of ₹1
(aggregating up to ₹309.38 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
QIB Shares OfferedNot less than 75% of the Offer
NII (HNI) Shares OfferedNot more than 15% of the Offer
Retail Shares OfferedNot more than 10% of the Offer
Company PromotersNeha Singh and Abhishek Goyal are the company promoters.

Tracxn Technologies IPO Timeline (Tentative Timetable)

Tracxn Technologies IPO opens on Oct 10, 2022, and closes on Oct 12, 2022. The Tracxn Technologies IPO bid date is from Oct 10, 2022 10.00 A.M. to Oct 12, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Tracxn Technologies IPO Opening DateOct 10, 2022
Tracxn Technologies IPO Closing DateOct 12, 2022
Basis of AllotmentOct 17, 2022
Initiation of RefundsOct 18, 2022
Credit of Shares to DematOct 19, 2022
Tracxn Technologies IPO Listing DateOct 20, 2022

Tracxn Technologies IPO Lot Size

The Tracxn Technologies IPO lot size is 185 shares. A retail-individual investor can apply for up to 13 lots (2405 shares or ₹192,400).

Retail (Min)1185₹14,800
Retail (Max)132405₹192,400

Tracxn Technologies IPO Promoter Holding

Pre Issue Share Holding50.93%
Post Issue Share Holding

Company Contact Information

Tracxn Technologies Limited
48, First Floor, DVG Road,
Basavangudi, Bengaluru – 560 004,
Karnataka, India
Phone: +91 90360 90116

Tracxn Technologies IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

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