Tracxn Technologies Ltd - IPO

Tracxn Technologies Ltd IPO Details

Initial public offering of 38,672,208^ equity shares of face value of Re. 1 each (Equity Shares) of Tracxn Technologies Limited (The Company or the Issuer) for cash at a price of Rs. 80 per equity share (including a premium of Rs. 79 per equity share) (Offer Price) aggregating to Rs. 309.38^ crores (the Offer) through an offer for sale comprising 7,662,655^ equity shares aggregating to Rs. 61.30^ crores by Abhishek Goyal and 7,662,655^ equity shares aggregating to Rs. 61.30^ crores by Neha Singh (collectively, the Promoter Selling Shareholders), 1,263,096^ equity shares aggregating to Rs. 10.10^ crores by Binny Bansal, 1,263,096^ equity shares aggregating to Rs. 10.10^ crores by Sachin Bansal, 207,548^ equity shares aggregating to Rs. 1.66^ crores by Sahil Barua, 315,774^ equity shares aggregating to Rs. 2.53^ crores by Deepak Singh, 10,980,885^ equity shares aggregating to Rs. 87.85^ crores by Elevation Capital, 267,915^ equity shares aggregating to Rs. 2.14^ crores by Trustees, Kolluri Living Trust, 147,976^ equity shares aggregating to Rs. 1.18^ crores and by Milliways Fund llc, 295,952^ equity shares aggregating to Rs. 2.37^ crores by Rathnagirish Mathrubootham, 147,976^ equity shares aggregating to Rs. 1.18^ crores by Apoletto Asia Ltd, 591,904^ equity shares aggregating to Rs. 4.74^ crores by the Trustees, Nrjn Family Trust, 147,976^ equity shares aggregating to Rs. 1.18^ crores by Manoj Kumar Gandhi, 881,602^ equity shares aggregating to Rs. 7.05^ crores by WGG International Limited, 4,017,506^ equity shares aggregating to Rs. 32.14^ crores by Accel India IV (Mauritius) Limited and 2,181,692^ equity shares aggregating to Rs. 17.45^ crores by SCI Investments V (collectively the Investor SellingShareholders), and 636,000^ equity shares aggregating to Rs. 5.09^ crores by Prashant Chandra (the Other Selling Shareholder, and together with the promoter selling shareholders and the investor selling shareholders, the Selling Shareholders) (the Offer for Sale). The offer constituted 38.55% of the post-offer paid-up equity share capital.The offer price is Rs. 80 per equity share and the offer price is 80 times the face value of the equity shares.Price Band:Rs. 80 per equity share of face value of Re. 1 each.Bids can be made for a minimum of 185 equity shares and in multiples of 185 equity shares thereafter.

Objective of issue

The Listing of Equity Shares in stock exchanges.

Tracxn Technologies Ltd Contact Details

Tracxn Technologies Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - compliance-officer@tracxn.com

Website - www.tracxn.com