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  • Writer's pictureJatin Agarwal

Traxcn Technologies IPO

Updated: Nov 1, 2022


Traxcn Technologies is one of the leading data provider companies for private companies. The company has an extensive global database and offers customized solutions and features to its customers. The company has an asset light model and is essentially a SaaS (Software as a Service) company. Tracxn has scanned over 662 million web domains, and profiled over 1.84 million entities across 2,003 feeds categorized across industries, sectors, sub-sectors, geographies, affiliations and networks globally, as of May 31, 2021. The company has 3,271 users across 1,139 Customer Accounts in over 58 countries, as of June 30, 2022, and its customers include several Fortune 500 companies and/or their affiliates.

Financials (rounded off)


Total Revenue (₹ in cr)

PAT (₹ in cr)










Traxcn Technologies IPO Details

IPO Date


Face Value

₹1 per share

IPO Price Band

​₹75 to ₹80 per share

IPO Lot Size


Listing at


Basis of Allotment


Credit of Shares in Demat


Listing Date


Pre-Issue Shareholding


Post-Issue Shareholding


Retail Minimum Lot Size

185 shares (₹14,800)

Crisp Insights

1) The company has a unique business model.

2) The company has declared profit only in Q1 FY23.

3) The IPO price seems very aggressive and it does feel like existing investors want to exit at a healthy price (nothing wrong with it, but that doesn't mean we need to buy).

4) It is backed by the co-founders of Flipkart.

5) There is no major reason apart from OFS for this listing, it is clear from their objective stated in the DRHP.

Disclaimer: All information is provided for educational and informational purpose only. Data is fetched from publicly available sources such as the DRHP filed by the company. The website or the author takes no guarantee for the accuracy of the data however, we have tried our best to present accurate data to out readers. Please consult a financial advisor or do your own analysis before investing/trading in the stock market.

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