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    Vikshita Vitthal Gujaran in Stock Market Update

    10-Oct-2022 11:43 AM


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    Tracxn Technologies IPO opens today. GMP, price, other details in 10 points

    Tracxn Technologies IPO: The initial public offering (IPO) of Flipkart founders-backed Tracxn Technologies Limited is going to hit primary markets today.
    1] Tracxn Technologies IPO GMP: According to market observers, Tracxn Technologies IPO grey market premium (GMP) today is ₹6.

    2] Tracxn Technologies IPO price: The price band of the public issue has been fixed at ₹75 to ₹80 per equity share.

    3] Tracxn Technologies IPO subscription date: The public offer will open on 10th October 2022 and it will remain open for bidding till 12th October 2022.

    4] Tracxn Technologies IPO size: The market intelligence data provider company aims to generate ₹309.38 crore from its public offer.

    5] Tracxn Technologies IPO lot size: A bidder will be able to apply in lots and one lot will comprise 185 company shares.
    Hence, it will be too early to comment on the performance and valuations of the company."
    Although the revenues have increased, EBITDA and PAT have been in negative for the past 2 years.

    Source - Mint