Tracxn Technologies IPO opening shortly: Check IPO details, price band, financials & more

Tracxn Technologies IPO
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Tracxn Technologies Limited IPO Date

Tracxn Technologies is looking to raise funds through a fresh issue and offer for sale of its equity shares. The IPO subscription date is not yet officially announced.

About Tracxn Technologies 

  • The company was incorporated in 2013 and provides market intelligence data for private companies. 
  • The company's extensive global database along with customized solutions and features allows its customers to source and track companies across sectors and geographies to address their requirements.
  • Tracxn is ranked among the top five players globally in terms of the number of companies profiled offering data of private market companies across sectors and geographies. 

Tracxn Technologies - Quick financials 

ParticularsFY19FY20FY21
Total Revenue (Rs cr)66.86.355.7
Profit After Tax (Rs cr)12.4-54.0-5.3
  • Tracxn Technologies is a loss-making company (FY20 and FY21) having reported a decline in profits since FY19.
  • The revenue for FY19, FY20, and FY21 was Rs 68.83 crore, Rs 6.31 crore, and Rs 5.57 crore, respectively.
  • The profit after tax (PAT) for the same period was Rs 12.4 crore, Rs (54.03) crore, and Rs (5.35) crore, respectively.

Tracxn Technologies - Strengths

  • They are one of the leading providers of market intelligence data for private companies globally.
  • The company has a diverse, longstanding, and growing global customer base.
  • Tracxn has an in-house developed, scalable, and secure technology platform.
  • It has significant cost advantages from India-based operations.

Tracxn Technologies - Growth potential

  • The company will continue to grow its customer accounts as it has in the last three financial years.
  • It will also try to expand the share of revenues among existing customers.
  • It plans to grow its existing platform to offer additional services.
  • Capitalize on industry opportunities to expand the coverage of our customers.

What is Tracxn Technologies IPO lot size?

Tracxn Technologies IPO lot size and the minimum order quantity are not known at this time. Please check this space again for updates.

When will Tracxn Technologies IPO list?

The listing date is not officially announced. 

We shall be coming up with a detailed review shortly.


 

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