ISSUE OPEN : 10-OCT 2022 ISSUE CLOSE : 12-OCT 2022 OFS : 38,672,208 SHARES RETAIL : 10% FV : ₹1.00
IPO OPEN : 10-OCT-2022 IPO CLOSE : 12-OCT-2022 BASIS OF ALLOTMENT : 17-OCT-2022 INITIATION OF REFUNDS: 18-OCT-2022 CREDIT OF SHARES : 19-OCT-2022 IPO LISTING DATE : 20-OCT-2022
Tracxn Technologies Limited file RHP with SEBI on 1-Oct-2022
Issue Date : 10-Sep to 12-Sep, 2022 OFS : 38,672,208 Shares Retail : 10% FV : ₹1
IPO Open : 10-Oct-2022 IPO Close : 12-Oct-2022 Basis of Allotment : 17-Oct-2022 Initiation of Refunds: 18-Oct-2022 Credit of Shares : 19-Oct-2022 IPO Listing Date : 20-Oct-2022
Face vale-Rs 1/- Promoter holding-50.9%, Huge OFS, LOSS MAKING, Business model does NOT seem sustainable for long term. IPO just a window for marquee investors to exit with profit !! AVOID.
22.2. Smile.| Link| Bookmark|
October 4, 2022 10:03:38 AM
IPO Guru (1800+ Posts, 1100+ Likes)
Loss making but reduced loss so not a bad candidate. YTY figures are not fulfilling satisfaction but QTQ are not demoralizing. So wait for experts opinion on future perspective of company and then the final conclusion.
Even though the market was down, the new IPOs came with too much manipulations.. DreamFolks, Harsha, etc.. trapped the investors. So beware of this IPO as well.. Remember that others like 1) Latent View, 2) RateGain are yet to build any positive momentum in the market.. So I suggest to subscribe only for the Listing day gains..
18.1. arunARUN| Link| Bookmark|
October 5, 2022 10:13:51 PM
IPO Guru (2000+ Posts, 1700+ Likes)
What gain? Existing investors are running out and trying to get maximum money at time of IPO. If SEBI rules were not there restricting exit by PE then we would have seen even bigger sale Listing gains means some one is optimist about future. Pray who is it? Now with SHNI and BHNI you can get sufficient allotment at IPO price itself HNI game has changed post April 1, 2022
17. God is Great| Link| Bookmark|
September 28, 2022 12:06:35 AM
Top Contributor (300+ Posts, 200+ Likes)
Linkintime=setting in time with linkintime otherwise you will get big zero..
When God is Great, setting is not possible at all. Wait for the right time. Link Intime will give you a lot. "Har insaan ke din badlte hai". Karm karo, fal jaroor milenge.
@StockTerminator You are absolutely correct. Scams are always there. Happened and will happen. But is it possible for we people to manage? That's why I said "Setting is not possible". Scams are the part of life and have to bear it. We can't be a part of scam and not advisable to be a part. May God save us. My thinking. May members differ. Have a nice Evening.
Loss making company, holding less than 51% equity only. Total OFS. Holding will be less than 50% after this IPO. Face value of Rs.1. Only waiting for issue price. At present difficult to say anything. But not looking good at present. No question of great at all. Wait and Watch.
15.1. Param Patel| Link| Bookmark|
September 28, 2022 12:11:41 AM
IPO Mentor (700+ Posts, 400+ Likes)
This time lucky to get allotment 1/3 after so many decades. Sorry so many issues. Now is the turn to get allotment in SME issue. Thanks, upper wale
11. Black Swan| Link| Bookmark|
June 3, 2022 10:50:40 AM
Top Contributor (400+ Posts, 400+ Likes)
Aether will surely reward patient investors. Only 50L shares are with Retail, HNI and employees, rest all with QIB. In preopening around 15L shares have already changed hands Any weakness will be a buy opportunity. Got 2 lots in retail. Shortage of funds else would have bought in preopening.
Good Luck to all. Hope it turns out to be next Gland Pharma
10. ipobull| Link| Bookmark|
June 1, 2022 12:56:23 AM
IPO Guru (1000+ Posts, 1000+ Likes)
Though I have got allotments in all accounts, I will buy it further @ 210-230 if it goes down like most of the recent listings. My strategy in Campus and Rainbow really worked wonders.
9. Chem cho| Link| Bookmark|
April 26, 2022 1:23:14 PM
IPO Guru (2600+ Posts, 2700+ Likes)
Third party ASBA stopped in SBI NET BANKING But some are able to apply through mobile banking , enjoy till they fix the same
The main concern is "anyone got allotment in Third party ASBA in recent IPOs?"
9.8. Imhilli| Link| Bookmark|
October 4, 2022 5:01:01 PM
IPO Guru (1200+ Posts, 700+ Likes)
Even you can apply through YONO lite app, gets rejected by the registrar... happened with me for a number of times with a quote "rejected due to 3rd party application ". So far I have not come across anyone who has got allotment through 3rd party after the SEBI regulations came in force.