Tracxn Technologies Limited is a market intelligence data provider for private companies. The company has an extensive global database along with customized solutions and features that allow its customers to source and track companies to address their requirements. The Tracxn Technologies Limited IPO will be an offer for sale (OFS) of 38,672,208 equity shares by promoter and investor selling shareholders, according to the draft red herring prospectus (DRHP) filed with SEBI.
The offer for sale will see the sale of up to 76.62 lakh shares each by promoters up to 12.63 lakh shares each by Flipkart founders (Binny Bansal and Sachin Bansal) up to 1.09 crore shares by Elevation Capital, up to 40.2 lakh shares by Accel India IV Mauritius, and 21.81 lakh shares by SCI Investments among others.
Headquartered in Bengaluru, established in the year 2013 Tracxn Technologies has the largest global coverage in emerging technology sectors such as artificial intelligence, virtual reality, robotics, and blockchain. The company is ranked among the top five players globally wrt offering data of private companies.
10 Key Things To Know
- Operates as a Software as a Service (SaaS).
- Leading providers of market intelligence to private unlisted companies and start-ups.
- Has its base on artificial intelligence, robotics, and other superior technology.
- Tracks more than 1.4 million private companies and start-ups.
- Has a scalable, and secure technology platform.
- Works with 855 subscribed customers across 50 countries and its customers include private market investors like venture capital, private equity funds, and large corporates.
- The company has 1,800 feeds categorized across industries, sectors, sub-sectors, geographies, affiliations, and networks globally.
- There will be no fresh funds coming and there will be no change in the capital size, except for some change in ownership.
- The IPO will be completely an Offer for sale.
- The OFS will comprise 3,86,72,208 shares offered by the promoters and investors in the company.
Tracxn Technologies Promoters
- Abhishek Goyal.
- Neha Singh.
Company Financials
| Year | Revenue | Expenses | PAT |
| 2019 | ₹66.80 Cr | ₹54.40 Cr | ₹12.40 Cr |
| 2020 | ₹7.2 Cr | ₹60.4 Cr | -₹53.2 Cr |
| 2021 | ₹55.70 Cr | ₹61.30 Cr | -₹5.2 Cr |
Tracxn Technologies IPO Details
| IPO DETAILS | Tracxn Technologies |
| Issue Period | Opening Date: January 2022 Closing Date: January 2022 |
| Price Band | ₹ – ₹ per equity share |
| Issue Size | 38,672,208 Eq Shares of ₹1 (aggregating up to ₹[.] Cr) |
| Face Value | ₹1 per equity share |
| Issue Type | Book built issue |
| Fresh Issue | [.] Eq Shares of ₹1 face value (aggregating up to ₹[.] Cr) |
| Offer for sale | 38,672,208 Eq Shares of ₹1 face value (aggregating up to ₹[.] Cr) |
| Listing | NSE and BSE |
| Registrar | Link Intime India Private Limited |
Tracxn Technologies IPO Timeline
Tracxn Technologies IPO issue date, issue price, allotment date, and the listing date, and all the details will be announced soon.
| IPO Opens | To be announced |
| IPO Ends | To be announced |
| Allotment Begins | To be announced |
| Refund Initiation | To be announced |
| Allotment Date | To be announced |
| Listing Date | To be announced |
Tracxn Technologies Lot Size (Retail Individual Investors)
| Applications | Lots | Shares | Amount(Cut-off) |
| Minimum | – | – | – |
| Maximum | – | – | – |
Tracxn Technologies Investor Category
Tracxn Technologies IPO has 10% of the net offer under the Retail Category.
| QIB (Qualified Institutional Buyers) | 75% of net offer |
| NII (Non-Institutional Investors) | 15% of net offer |
| RII (Retail Individual Investors) | 10% of net offer |
Tracxn Technologies IPO Review
The reviews and all details will be uploaded soon as soon as all the details are available. Stay tuned for instant updates.
Tracxn Technologies IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: tracxn.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Tracxn Technologies Book Running Lead Manager
- IIFL Securities Limited
Company Contact Details
Tracxn Technologies Limited
48, First Floor, DVG Road,
Basavangudi, Bengaluru – 560 004,
Karnataka, India
Phone: +91 90360 90116
Email: compliance-officer@tracxn.com
Website: https://tracxn.com/