October 10, 2022 - October 12, 2022

Tracxn Technologies IPO Subscription Details

Tracxn Technologies IPO Subscription Status Live

Tracxn Technologies IPO subscribed 2.01 times. The public issue subscribed 4.87 times in the retail category, 1.66 times in QIB, and 0.80 times in the NII category by October 12, 2022 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	1.66	11,601,663	1,92,84,030	154.27
Non-Institutional Buyers	0.80	5,800,831	46,14,270	36.91
bNII (bids above ₹10L)	0.72	3,867,221	27,96,275	22.37
sNII (bids below ₹10L)	0.94	1,933,610	18,17,995	14.54
Retail Investors	4.87	3,867,220	1,88,31,890	150.66
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total	2.01	21,269,714	4,27,30,190	341.84

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

Tracxn Technologies IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	Total
Day 1 October 10, 2022	0.00	0.04	1.23	0.23
Day 2 October 11, 2022	0.00	0.25	2.60	0.54
Day 3 October 12, 2022	1.66	0.80	4.87	2.01

Tracxn Technologies IPO Shares Offered

Tracxn Technologies IPO is a public issue of 21,269,714 equity shares. The issue offers 3,867,220 shares to retail investors, 11,601,663 shares to qualified institutional buyers, and 5,800,831 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	11,601,663	92.81	54.55%
NII	5,800,831	46.41	27.27%
bNII (bids above ₹10L)	3,867,221	30.94	18.18%
sNII (bids below ₹10L)	1,933,610	15.47	9.09%
Retail	3,867,220	30.94	18.18%
Total	21,269,714	170.16	100%

IPO Investor Categories

Qualified Institutional Buyers (QIB)
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.
Non-Institutional Investors(NII)
Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.
NII category has two subcategories:
1. sNII (bids below Rs 10L)
  The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).
2. bNII (bids above Rs 10L)
  The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).
Retail Individual Investors(RII)
The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.
Employee (EMP)
A category of eligible employees who have a reserved quota in the IPO.
Others
A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

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Tracxn Technologies IPO Subscription FAQs

The Tracxn Technologies IPO is subscribed 2.01 by October 12, 2022.