Tracxn Technologies Limited IPO
Tracxn Technologies Limited was a mainboard IPO in the Data Processing Services sector, offered at ₹75–₹80 per share to raise ₹309 crore. The issue was subscribed 2.01× overall (QIBs 1.66×, NIIs 0.8×, retail 4.87×). It listed on 20 Oct 2022 at ₹84 and closed its first day at ₹93, a listing gain of +16.6% versus the ₹80 issue price. It now trades around ₹29 (-63.8% versus the issue price).
Frequently asked questions
- How many times was the Tracxn Technologies Limited IPO subscribed?
- The Tracxn Technologies Limited IPO was subscribed 2.01× overall — 1.66× in the QIB category, 0.8× among non-institutional investors, 4.87× in retail.
- What were the Tracxn Technologies Limited IPO listing gains?
- Tracxn Technologies Limited listed on 20 Oct 2022 at ₹84, closing its first day at ₹93 — a listing gain of +16.6% versus the ₹80 issue price.
- What were the retail allotment odds for the Tracxn Technologies Limited IPO?
- Retail was subscribed 4.87×, so a single-lot application had roughly a 20.5% chance of allotment (about 1 in 5), and allotment was finalised on 14 Oct 2022.
- What was the price band and lot size of the Tracxn Technologies Limited IPO?
- The price band was ₹75–₹80 per share, with a minimum lot of 185 shares (₹14,800 at the upper band).
- Who were the registrar and lead manager for the Tracxn Technologies Limited IPO?
- Link Intime India Private Limited was the registrar, and IIFL Securities was the book-running lead manager.