Tracxn Technologies 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 Technologies Limited was incorporated in 2012 as Tracxn Technologies Private Limited and the company’s name was changed to Tracxn Technologies Limited in 2021.

Its platform has 3,271 users across 1,139 Customer Accounts in over 58 countries, as of June 30, 2022. The customers include a number of Fortune 500 companies and/or their affiliates. Customer accounts have increased at a CAGR of 30.42 percent, from 642 Customer Accounts, as of March 31, 2020 to 1,092 Accounts, as of March 31, 2022, and 1,139 Customer Accounts as of June 30, 2022.

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.

Objects of the Issue

The objects of the Offer are to achieve the benefits of listing the equity shares on the stock exchanges and the sale of shares by the selling shareholders in the offer. The company will not get any proceeds from this public offer and the proceeds will entirely go to the promoters.

Tracxn Financail Details



Tracxn Technologies IPO Details



Tracxn Technologies IPO Timeline

Tracxn Technologies IPO opens on Oct 10, 2022, and closes on Oct 12, 2022.



Tracxn Technologies IPO Lot Size

The Tracxn IPO minimum market lot is 185 shares with ₹14,800 application amount. The retail investors can apply up-to 13 lots with 2405 shares or ₹192,400 amount.

Tracxn Technologies IPO Promoter Holding

• Pre-Issue Share Holding - 50.93%
• Post-Issue Share Holding - 35.65%

How to apply for IPO?

1. ASBA - All you have to do is, know if your demat is with NSDL or CDSL. Make a note of your Demat ID/DP ID/BO ID - 16 digit number from your broker terminal. Once you have these 2 information, go ahead and apply from your internet banking. One advantage in this process is that, once you submit the application, process ends there and amount gets blocked. While in UPI, you need to get mandate from your bank and need to authorize on time. Many parties are involved in UPI process (Bank, broker, 3rd party UPI app provider etc) and there are chances of delayed UPI mandates. This is a recent process and will take time to settle. Till then, it is better to apply from net banking, but ensure you enter correct 16 digit DP ID.

List of banks that support ASBA. https://www.bsesme.com/static/getlis...x?expandable=0

2. UPI - Visit your broker terminal, select the IPO, enter UPI ID and other bid details to submit the application. Wait for mandate to arrive on UPI app. Approve the mandate to block the amount.

Refer to this video to apply for IPO using UPI at Zerodha.