Tracxn Technologies Limited IPO (Tracxn Technologies IPO) Detail

Tracxn Technologies Limited IPO (Tracxn Technologies IPO) Detail

Company Profile

Being founded in the year 2013, the company has achieved quite a lot of remarkable milestones. Tracxn Technologies offers a wide range of market intelligence data to private companies & organizations. Customers may find and follow businesses across industries and regions to meet their needs due to the company's enormous global database and customizable solutions and services that it deals in. 

The company is placed in the top 5 international players in terms of the number of companies profiled providing data on private market companies across sectors and geographies. As of May 31, 2021, the company's asset-light business model and Tracxn- a SaaS-based platform, had scanned over 662 million web domains, profiled over 1.84 million entities across 2,003 Feeds, and classified them across industries, sectors, sub-sectors, geographies, affiliations, and networks globally.

Through its Tracxn platform, the business makes private corporate data available to its clients for a variety of purposes, including deal sourcing, target identification for M&A transactions, deal diligence, analysis, and tracking new market and industry trends.

Business Information

Tracxn is one of the most pertinent data intelligence platforms, built using a special combination of human analysts and technology that searches through billions of data points. With 1139+ customer accounts spread across more than 58 countries worldwide, Tracxn is now supported by investors like Accel Partners and Sequoia. Further, its clients included a number of Fortune 500 companies and/or their affiliates as of June 30, 2022. 

The company’s clientele includes venture capitalists, private equity funds, mergers and acquisitions (M&A), and innovation teams from Fortune 500 companies, as well as investment banks. These teams use Tracxn data for daily deal sourcing, target identification during M&A due diligence, and tracking emerging themes across industries and markets.

For tracking creative businesses and industries, the Tracxn platform is also used by numerous governments, accelerators and incubators, and universities.

Facts about the Company

  • The company is the leader in providing marketing intelligence data to private companies, internationally. 
  • The customer base is robust and backed by diversity in itself.
  • The Tracxn platform is developed by in-house experts with complete scalability and security
  • The company has significant advantages in cost as it has India-based operations
  • With experienced promoters, BOD & senior management, and Marquee Investors, the company has a strong foundation. 

Points to note before investing in the IPO

  • The complete IPO is an OFS which means the company would not get any money and will go to the selling shareholders.
  • The company faced losses in the past 3 years and in the last quarter ending Jun 2022, it achieved its breakeven.
  • It needs existing customers to subscribe and should find new customers to sustain today & attain future growth.
  • The company is facing intense competition and may end up losing its customers to its competitors. 

Objective of the IPO

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

Opening Date
Oct 10, 2022
Closing Date
Oct 12, 2022
Issue type
Book Built Issue IPO
Face Value
₹1 per share
Issue Price
₹75 to ₹80 per share
Lot Size
IPO Price
₹309.38 Cr
Listing At

Allotment, Listing & Refund Details

Finalization of Basis of Allotment
Oct 17, 2022
Initiation of Refunds
Oct 18, 2022
Credit of Equity Shares
Oct 19, 2022
Listing Date
Oct 20, 2022

Know more:

To apply from 5paisa Website: Apply IPO

To apply from 5paisa Mobile App:  Apply IPO

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