Tracxn Technologies Limited IPO Message Board (Page 5)

𝘛𝘳𝘢𝘤𝘹𝘯 𝘪𝘱𝘰 𝘍𝘖𝘔𝘖.

Tracxn kahin allotment ke baad tension 😩 😩😩 na karde?
😂😅🤣

Phantom
Anchor⚓
Investors

Attraction At Tracxn

10% RII Day 2 : 2.60X
Application wise : 2.10x

@svh Beware Could be a " Fatal Attraction" 😊😊😊
Just joking..pl don't take it seriously.😎

Will there be any traction for Tracxn in QIB category? That is the main question because they are to subscribe 75 % of the IPO size. Retail is just 10 % so that was filled very fast.

Better to buy Tcs at current Rate Downside maximum 200 -250 rs from.here upside up to 5000 rs in one year timeframe

Itna confidence to TCS management ko bhi nahi hai :)

Completely avoidable this ipo.
Instead of this buy some good
Quality stock from secondary mkt.

No Early Bird QIB
Applying Only If Hni Cross 7x

avoiding it, sure open in discount

Its clear avoid due to very bad fundamentals

PREMUIM NOW IN DISCOUNT

-5

still no subjecto and kostak in rajkot gujrat

Ipo traxen technology

15k app lage to 600

2lac hni app lage to 8000

10.lac hni app lage to 8000
Today Rajkot

@samraheja

Please give me contact number who is buying @ fix application???

Avoid

Small issue, total OFS, low promotor holding, financials are not so good, no growth so simply avoid would be a good thing although it may give some listing gain or flat listing, retail quota 10% so only 20.9K lots available for allotment in retail category so I’m avoiding it.

There was an interview of Market Guru Shankar Sharma for about 25 minutes on CNBC AWAAZ.
Worth watching. According to him "India is the only Breakout Nation". Future of next one to three years is very positive. Not comfortable with banking for next two to three years. Very careful in selecting Banks. Startups IPOs on very high valuation. They took undue benefits of Market. Generally loss making. Was not necessary to invest each and every. Our mistake and not theirs.

Good one skipp this...

It's rare to see a company with so many negatives and no redeeming quality raising funds with no specific ambition and only to enable PE investors exit. Other than the 75% QIB quota (which if oversubscribed could signal a 5-10% listing gain for the courageous to participate should Nifty stay at 17k), Tracxn Technologies unsurprisingly has no single positive thing in its offer. I'll be skipping this in retail as it's anyway 2x subscribed.

9 red flags out of 10. Avoid but keep crowing!

In spite of many negatives, bcoz of
Small Equity base of 10cr,
Market cap of just about 800cr
Backing of few renowned investors
Asset light business model
Retail portion only 10%

IPO may see good subscription with listing gain.

Listing: may be at premium to issue price
Short to medium term - may give flat to negative return
Long term: Unpredictable

Even with 10% issue size retail is fully subscribe on day one, is big surprise for me.
Considering fundamentals of company, with latest assets of ~57 Cr this is just a non-profit making SME.
Better to buydips than applying here.

Shouldn't full retail subscription not be a surprise because retail quote is just 10%?

Whenever Retail quota comes with 10%
My mood goes out 90%

Strong heart need for to apply this candidate ♥️

Strong heart, guts and lastly strong pocket.

Gmp 9

This IPO has entered in thr market with many negative factors:
Most negative factor is promoters holding after this is only 36%.
This is total OFS and company is not going to get single rupee.
Expenses of Rs. 4.5 crores is also going to be born by company.
Face value is only Rs.1 and price range is 75-80, which is very high.
Making losses from years which is not a favorable for investors and 10% for retailers.
Slow down in America may also be a concern.
Issue of bonus share to the promoters in August 21 making reserve negative.
All factors are negative and concern for retailers specially.
Question of listing difficult to say anything. Can list at any price and can be taken to any level even if not a good Subscription figures is there.
My observation. Subscription figures may surprise us because of 10%.
Believe in self.

Retailers are in hurry to subscribe this IPO.

The Retail portion in this IPO is just 10 % against normal 35 %. So, it will fill quite fast.

Just 20900 lots for retail.
Bound to be subscribed in quick time.