tracxn


Tracxn Technologies IPO: Price Band. The price band for the offer has been fixed at Rs 75 - 80 per equity share of face value Rs 1 each. Of the total offer size, 75 per cent of the net offer will be reserved for qualified institutional buyers, 15 per cent for non-institutional investors and the remaining 10 per cent is for retail investors.



The Bengaluru-based Tracxn Technologies is selling its shares in the range of Rs 75-80 apiece and the issue is entirely an offer for sale (OFS) of up to 38,672,208 equity shares by the promoters and existing shareholders of the company. Founded in 2013, Tracxn Technologies has an asset-light business model.