Tracxn Technologies IPO

    TTracxn Technologies

SECTOR: Information and Technology

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COMPANY ADDRESS Tracxn Technologies Limited  L-248, 2nd Floor, 17th Cross,  Sector 6, HSR Layout,  Bengaluru 560102, Karnataka, India

REGISTRY OFFICE ADDRESS Link Intime India Private Limited C-101, 1st Floor, 247 Park Lal Bahadur Shastri Marg, Vikhroli (West) Mumbai – 400 083

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STOCK TYPE	BOND TYPE	PREFERENCE SHARE TYPE	RATING
Book Built Issue IPO	-	-	-

ABOUT
Tracxn Technologies was founded in 2013 and works in emerging software technologies like artificial intelligence and IoT.

KEY FACTORS
One of the top five global companies providing customer data to private companies Great investors like Ratan Tata, Sachin Bansal, Binny Bansal etc., have shown interest in his business for investment.

IPO DETAILS
LISTING DATE 20 October 2022	FACE VALUE 1	PRICE INR 75 – 80 per share	LOT SIZE 185 shares
FRESH -	OFFER FOR SALE (OFS) 38,672,208 shares( 309.38 crore)	RETAIL SHARES OFFERED 10%	EMPLOYEE 1100
BASIS OF ALLOTMENT 17 October 2022	INITIATION OF REFUND 18 October 2022	CREDIT OF SHARES 19 October 2022	TRANSFER AGENT Karvy / Link Intime India Private Limited
NII/HNI  SHARES OFFERED not more than 15% of the offer
OPEN DATE 10 October 2022		CLOSING DATE 12 October 2022

COMPANY FINANCIALS
PERIOD ENDED TOTAL ASSETS (CR) TOTAL REVENUE NET WORTH RESERVE & SURPLUS PROFIT AFTER TAX 30 JUN, 2022 56.78 19.08 22.98 12.95 0.923 30 JUN, 2021 49.93 15.44 22.04 21.14 -0.8377

OBJECTS OF THE ISSUE
Achieve the benefits of listing the equity shares on NSE & BSE sale of equity shares of around 309 crores by IPO

COMPANY PROMOTERS
Neha Singh Abhishek Goyal

Anand Advisory Review

We recommend investing in this IPO because: The company was established in 2013. so, not a new one. Total Assets, Revenue, Net Worth and Profit are increased compared to last year before IPO Investors are best like Ratan Tata, Sachin Bansal, Binny Bansal Promotors are experienced The company's registrar, Karvy / Link Intime India Private Limited is experienced and the best in the market. One of the top five global companies providing customer data to private companies Working in emerging technologies like artificial intelligence and IoT. As India is growing with the support of IT Industry, company's future is very bright. This IPO may give the best returns to investors.