Tracxn IPO subscription status started on Monday, October 10, 2022 and will close on October 12, 2022. Tracxn IPO to raise around ₹309 crores via IPO. The retail quota is 10%, QIB is 75%, and HNI is 15%. The price band is fixed at ₹75 to ₹80 per equity share. The IPO to list on NSE and BSE.
Tracxn Technologies Limited was incorporated in 2012 as Tracxn Technologies Private Limited and the company’s name was changed to Tracxn Technologies Limited in 2021. The company is one of the leading providers of market intelligence data for private companies globally. They are the world’s largest platform for tracking Startups, Private Companies, and Emerging Innovative Sectors. Tracxn is powered by artificial intelligence and big data technology that scans through the company data points and incorporates the relevant information in its platform offering. A 100+ strong Sector-focus Analyst team further enhances the relevance of the platform data.
IPO Subscription Updates
- Day 1: The Tracxn IPO subscribed 0.23 times overall in that QIB is 0.00 times, NII is 0.04 times and Retail 1.23 times.
- Day 2: The Tracxn IPO subscribed 0.54 times overall in that QIB is 0.00 times, NII is 0.25 times and Retail 2.60 times.
- Day 3: The Tracxn IPO subscribed 2.01 times overall in that QIB is 1.66 times, NII is 0.80 times and Retail 4.87 times.
IPOWatch View
We recommend investors may apply an IPO with Neutral views (Risky). Investors should also look at the QIB, HNI, and Retail numbers before investing. You can check the Tracxn IPO allotment status here.
Tracxn IPO Subscription Status [Final Data]
Last Updated on Day 3 at 5:00
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 1.66 |
| NII | 0.04 | 0.25 | 0.80 |
| RII | 1.23 | 2.60 | 4.87 |
| Total | 0.23 | 0.54 | 2.01 |
Tracxn IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Tracxn IPO Review
- Neutral
Tracxn IPO Date & Price Band
| Tracxn IPO Open: | October 10, 2022 |
| Tracxn IPO Close: | October 12, 2022 |
| Tracxn IPO Size: | Approx ₹309 Crores |
| Fresh Issue: | Approx ₹[.] Crores |
| Offer for Sale: | Approx 38,672,208 Equity Shares |
| Face Value: | ₹1 Per Equity Share |
| Tracxn IPO Price Band: | ₹75 to ₹80 Per Share |
| Tracxn IPO Listing on: | BSE & NSE |
| Retail Quota: | 10% |
| QIB Quota: | 75% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Tracxn IPO Market Lot
| Minimum Lot Size: | Minimum 185 Shares for 1 lot |
| Minimum Amount: | ₹14,800 for 1 lot |
| Maximum Lot Size: | Maximum 2405 Shares for 13 lot |
| Maximum Amount: | ₹192,400 for 13 lot |
Tracxn IPO Subscription Dates
| Price Band Announcement: | October 4, 2022 |
| Anchor Investors Allotment: | October 7, 2022 |
| Tracxn IPO Open Date: | October 10, 2022 |
| Tracxn IPO Close Date: | October 12, 2022 |
| Basis of Allotment: | October 17, 2022 |
| Refunds: | October 18, 2022 |
| Credit to Demat Account: | October 19, 2022 |
| Tracxn IPO Listing Date: | October 20, 2022 |
Tracxn IPO Form
How to apply for the Tracxn IPO? You can apply for Tracxn IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Tracxn IPO in the Invest section. The other option is you can apply for Tracxn IPO via IPO forms downloaded via NSE and BSE. Check out the Tracxn forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
