Tracxn Technologies provides market intelligence data for private companies. The company’s extensive global database, along with customized solutions and features, enables its customers to search and track companies across sectors and geographies to meet their requirements.
The company is ranked among the top five players globally in terms of the number of profiled companies offering private market company data across sectors and geographies. The company operates a Software as a Service (SaaS)-based platform called Tracxn that has scanned more than 550 million web domains and profiled more than 1.4 million entities across 1,805 sources categorized by industry, sector, sub-sector, geographies, affiliations and networks worldwide, as of May 31, 2021. The platform has 2,358 users in 855 customer accounts in more than 50 countries. The company offers private company data to its clients for deal sourcing, M&A target identification, deal screening, analytics and tracking emerging themes across industries and markets, among others through its Tracxn platform.
Competitive Strengths
- One of the leading providers of market intelligence data for private companies globally
- Diverse, longstanding and growing global customer base
- Scalable and secure technology platform conceptualized and developed in-house
- Significant cost advantages from India-based operations; and
- Experienced Promoters, Board of Directors and senior management team, backed by marquee investors.
Is Tracxn good for Investment?
The customers of the company are continuously growing and showing high interest in the platform. The platform is performing and is appreciated by its users.
The platform offers mass data about the private companies and start-ups. It is a in-house developed scalable technology platform.
The platform ranks amongst the top 5 players around the globe in the industry and hence is reliable and growing.
Company Promoters
- Neha Singh
- Abhishek Goyal
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2019 | 66.83 | 54.43 | 12.49 |
| 31 March 2020 | 6.31 | 60.34 | -54.82 |
| 31 March 2021 | 55.74 | 61.08 | -4.15 |
| 30 June 2021 | 15.44 | 15.63 | -0.83 |
| 31 March 2022 | 65.15 | 65.51 | -4.85 |
| 30 June 2022 | 19.08 | 18.24 | 0.92 |
Object Of The Issue
- 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.
Tracxn Technologies IPO Strengths
- Leading global provider of differentiated private market data and intelligence
- Diverse, longstanding and growing global customer base
- Scalable and secure technology platform conceptualized and developed in-house
- Significant cost advantages from India-based operations
Tracxn Technologies IPO Risks
- Failure in attracting new clients, maintaining existing clients or expanding users within existing customer accounts.
- Revenue from operations is gained from subscription of the platform by customers, hence, if the customers do not renew the subscriptions it will hurt the revenues.
- Interruptions or performance problems associated with the platform and business.
- Unable to obtain and maintain accurate, comprehensive, or reliable data, could experience reduced demand for the platform and services.
- Use of open source software could subject the company to face claims challenging the ownership of open source software and compliance with open source license terms.
Tracxn Technologies IPO – Details
| IPO Opening Date | 10 October 2022 |
| IPO Closing Date | 12 October 2022 |
| Issue Type | Book Built Issue IPO |
| Issue Size | ₹309.38 Crore |
| Offer For Sale | 3,86,72,208 shares |
| Face Value | ₹1 per equity share |
| IPO Price | ₹75 – ₹80 |
| Market Lot | 185 Shares |
| Min Order | 185 Shares (1 Lot) |
| Listing At | BSE, NSE |
| Register | LinkInTime India Private Limited |
| QIB Shares Offered | Not less than 75% of the Offer |
| NII (HNI) Shares Offered | Not more than 15% of the Offer |
| Retail Shares Offered | Not more than 10% of the Offer |
Tracxn Technologies IPO – Date Schedule
| IPO Open Date | 10 October 2022 |
| IPO Close Date | 12 October 2022 |
| Basis of Allotment Date | 17 October 2022 |
| Initiation of Refunds | 18 October 2022 |
| Credit of Shares to Demat Account | 19 October 2022 |
| IPO Listing Date | 20 October 2022 |
Tracxn Technologies IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 185 | 14,800 |
| Retail (Max) | 13 | 2405 | 1,92,400 |
Tracxn Technologies IPO Promoter Holding
| Pre Issue Share Holding | 50.93% |
| Post Issue Share Holding | 35.65% |
Tracxn Technologies IPO Prospectus
Company Contact Information
| 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/ |
Tracxn Technologies IPO Registrar
| Link Intime India Private Limited C 101, 247 Park L.B.S. Marg, Vikhroli (West), Mumbai 400 083, Maharashtra Tel: +91 22 4918 6270 E-mail: tracxn.ipo@linkintime.co.in Website: www.linkintime.co.in |
Tracxn Technologies IPO Lead Manager(s)
| 1. IIFL Securities Ltd |
Tracxn Technologies IPO FAQs
| What is Tracxn Technologies IPO? Tracxn Technologies IPO is a main-board IPO. The issue is priced at ₹75 to ₹80 per equity share. The IPO is to be listed on BSE & NSE. |
| When Tracxn Technologies IPO will open? The IPO is to open on 10 October 2022 for QIB, NII, and Retail Investors. |
| What is Tracxn Technologies IPO Investors Portion? The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%. |
| How to Apply the Tracxn Technologies IPO? You can apply Tracxn Technologies IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Tracxn Technologies IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Tracxn Technologies”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Tracxn Technologies IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Tracxn Technologies”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Tracxn Technologies IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Tracxn Technologies”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Tracxn Technologies IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Tracxn Technologies”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Tracxn Technologies IPO Size? Tracxn Technologies IPO size is ₹309.38 Cr. |
| What is Tracxn Technologies IPO Price Band? Tracxn Technologies IPO Price Band is ₹75 to ₹80. |
| What is Tracxn Technologies IPO Minimum and Maximum Lot Size? The minimum bid is 185 Shares with ₹14,800 amount while the maximum bid is 2405 shares with ₹1,92,400. |
| What is the Tracxn Technologies IPO Allotment Date? Tracxn Technologies IPO allotment date is 17 October 2022. |
| What is the Tracxn Technologies IPO Listing Date? Tracxn Technologies IPO listing date is 20 October 2022. The IPO is to list on BSE and NSE. |
