Tracxn Technologies Limited IPO | CA Rachana Ranade
CA Rachana Phadke RanadeOctober 12, 202200:08:36

Tracxn Technologies Limited IPO | CA Rachana Ranade

The Company, Tracxn Technologies Ltd. (TTL), has come up with an IPO, the Issue is Complete OFS (Offer for Sale). The IPO starts on 10th October 2022 and will end on 12th October 2022 with an issue size of Rs. 309.38 Cr. The price band offered by the company is Rs. 75-80 per share.
Tracxn Technologies Ltd. (TTL) is one of the global market intelligence data suppliers for private company data, ranking among the top five in terms of the number of companies profiled, giving data on private market enterprises across sectors and geographies.
Though the Company has no listed peers, to compare with, the PE of above 200 for company which has just posted profit in last quarters seems to be highly overpriced.

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