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- Tracxn Technologies Ltd
Tracxn Technologies Ltd IPO
- Min. Investment₹13875/ 185 Shares
- Min. Quantity185
- Price Range₹75 - ₹80
- Date Range10 Oct 22 - 12 Oct 22
Retail Investor can invest upto Rs 2,00,000 in IPO- Application Start Date10 Oct 2022
- Application End Date12 Oct 2022
- Allotment begins
- Refund Initiation Date18 Oct 2022
- Allotment Date17 Oct 2022
- Listing On Exchange20 Oct 2022
- NameLink Intime India Pvt Ltd
- Contact no.+91 22 4918 6200
- Email IDtracxn.ipo@linkintime.co.in
Incorporated in 1983, Kolkata-based Tarsons Products manufactures laboratory products that are used in various research organisations, pharmaceutical companies, academia institutes, hospitals and diagnostic centres.
The company plans to go public and here’s all you need to know about this IPO.
Here’s the consolidated financial information for the last three years:
| Particulars | FY20 | FY21 | FY22 |
| (Rs Crore) | |||
| Revenue | 37.33 | 43.78 | 63.45 |
| Net Profit | -54.03 | -5.35 | -4.85 |
| Total Assets | 52.37 | 48.47 | 54.03 |
- Its status as a 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;
- Its status as a leading global provider of differentiated private market data and intelligence
- If the company is unable to attract new customers, maintain its existing Customer Account base or expand Users within existing Customer Accounts of its platform, its revenue growth and profitability may be adversely affected.
- The company derive, and expect to continue to derive all of its revenues from operations from subscription by customers of its Tracxn platform. If its customers do not renew or expand their subscriptions, or if they renew on less favourable terms, its future revenue and operating results may be adversely affected.
- If there are interruptions or performance problems associated with its platform its business and financial condition may be adversely affected.
- The company face competition from and could lose market share to its competitors, which could adversely affect its business, financial condition and results of operations.
- If the company is not able to obtain and maintain accurate, comprehensive, or reliable data, its could experience reduced demand for its platform and services.
- Continue to grow account base
- Expand share of revenues among existing customers
- Continue to grow platform to offer additional services
- Capitalize on industry opportunities to expand coverage of its customers
- Expand into adjacent customer segments
Pre Apply will allow you to apply for an IPO 1-3 days before the bidding period starts. You'll get the UPI payment mandate once the IPO is open.
Learn more about Pre applying
Select the IPO you want to apply for from the list of open issues. Enter your correct UPI ID and select the investor type. The quantity should be a multiple of the lot size. If you wish to apply at the cut-off price, simply click on the checkbox next to ’Cut-off price’. You will receive an SMS from the NPCI confirming your bid and requesting you to accept the mandate on your UPI app. We have noticed a significant delay in UPI payment SMS/notifications from NPCI. Request you to be patient. Please ignore this message if you’ve accepted the mandate
Tarsons Products allotment status will be available on or around 23 November 2021. The allotted shares will be credited to the demat account by 25 November 2021. We will provide you with the link to check the allocation’s status as soon as the registrar makes it live. This may happen after the IPO is closed (after 17 November 2021).