Tracxn technologies’ IPO closes today: view today’s GMP, subscription, listing and other details

New Delhi: The IPO of the market information platform Tracxn Technologies closes today (Wednesday, October 12). Today’s GMP (Grey Market Premium) for Tracxn Technologies suggests shares are available at a premium of Rs 8.

Tracxn Technologies Shares Assignment and Exhibition Debut

According to market analysts, the allotment of Tracxn Technologies IPO (IPO) shares could take place on Monday, October 17, 2022, while the Market Intelligence platform will be listed on both NSE and BSE on October 20, 2022.

Tracxn Technologies IPO of up to 3,86,72,208 shares is in a price range of Rs 75-80 per share. Tracxn Technologies had said last week that it has raised just over Rs 139 crore from anchor investors.

At the higher end of the price range, the IPO is expected to fetch Rs 309 crore.

The company headquartered in Bengaluru operates on a Software as a Service (SaaS) model and is one of the leading providers of market intelligence for private business data. Tracxn was launched in 2015 by Neha Singh and Abhishek Goyal, who have had their stints as venture capitalists at Sequoia and Accel Partners respectively.

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