TRACXN TECHNOLOGIES LIMITED
₹ 75 - ₹ 80
10-Oct-2022 - 12-Oct-2022
₹ 14800.00

/ 185 Shares

TRACXN TECHNOLOGIES LIMITED

10-Oct-2022 - 12-Oct-2022

₹ 75 - ₹ 80

Price Band

₹ 14800.00

Minimum Investment

185

Bid Lot

38,672,208

Shares

IPO Details

Fresh Issue of Equity shares aggregating upto Rs.500 Cr

Category % Shares/Amount
QIB 75% 29,004,157 Shares Rs. 232.00 Cr
HNI 1 5% 1,933,610 Shares Rs. 15.50 Cr @747 Forms 1x
HNI 2 10% 3,867,221 Shares Rs. 31.00 Cr @1493 Forms 1x
Retail 10% 3,867,220 Shares Rs. 31.00 Cr @ 20903 Forms 1x

BRLMs: Anand Rathi Advisors, IIFL Securities, JM Financial Services Ltd

Application Require for 1 Time

Retail (Upto 2 Lakh) HNI (2 Lakh to 10 Lakh) HNI (Above 10 Lakh)
20903 747 1493

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 185 ₹ 14,800
Retail (Upto 2 Lakh) 13 2405 ₹ 192,400
S-HNI (2 Lakh to 10 Lakh) 14 2590 ₹ 207,200
S-HNI (2 Lakh to 10 Lakh) 67 12395 ₹ 991,600
B-HNI (Above 10 Lakh) 68 12580 ₹ 1,006,400

IPO Timeline

  • Open Date

    10-Oct-2022

  • Close Date

    12-Oct-2022

  • Basis of Allotment Date

    17-Oct-2022

  • Initiation of Refunds

    18-Oct-2022

  • Credit Shares to Demat A/c

    19-Oct-2022

  • IPO Listing Date

    20-Oct-2022

Subscription as on
13-Oct-2022 07:34

Category Book Size Subscription No. of Times
QIB 11,601,663 ₹ 92.81 Cr. 4,605,020 ₹ 36.84 Cr. 0.40x
HNI (<10 LAKH) 1,933,610 ₹ 15.47 Cr. 581,455 ₹ 4.65 Cr. 0.30x
HNI2 (>10 LAKH) 3,867,221 ₹ 30.94 Cr. 729,640 ₹ 5.84 Cr. 0.19x
RETAIL 3,867,220 ₹ 30.94 Cr. 9,247,965 ₹ 73.98 Cr. 2.39x
Total 21,269,714 15,164,080 0.71x
Category Book Size Subscription No. of Times
QIB 11,601,663 ₹ 92.81 Cr. 4,605,020 ₹ 36.84 Cr. 0.40x
HNI (<10 LAKH) 1,933,610 ₹ 15.47 Cr. 581,455 ₹ 4.65 Cr. 0.30x
HNI2 (>10 LAKH) 3,867,221 ₹ 30.94 Cr. 729,640 ₹ 5.84 Cr. 0.19x
RETAIL 3,867,220 ₹ 30.94 Cr. 9,247,965 ₹ 73.98 Cr. 2.39x
Total 21,269,714 15,164,080 0.71x

*Excluding Anchor

Total No. of Application Approx : ~39416 (1.89 Appwise)

Disclaimer: The above-mentioned information / data are sourced from the websites of National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) and are subject to change on real time basis. For updated information / data you can visit their respective website. The information / data provided herein above are for information purpose only and provided "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. We do not guarantee or warrant the accuracy, adequacy or completeness of the information received through the said websites. “We” hold not responsibility of any kind as regard to any discrepancies, errors, omissions, losses or damages. “We” including its affiliates and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of information / data received through the said websites. The recipient alone shall be fully responsible / are liable for any decision taken on the basis of such information / data. All recipients should before acting upon the said information make their own investigation, seek appropriate professional advice.

About Company

  • Electronics Mart India Limited (“EMI”) was incorporated in 1980 as a proprietary concern with a consumer durable and electronics store in Hyderabad. EMIL is the 4 th largest and one of the fastest-growing consumer durables and electronics retailers in India with a revenue CAGR of 17.90% from Financial Year 2016 to Financial Year 2021.
  • EMIL is a multi-brand consumer durable and electronics retailer dealing in home entertainment, mobiles, laptop, home appliances, camera, kitchen appliances, and personal care.
  • EMIL offers a diversified range of products with focus on large appliances (air conditioners, televisions, washing machines and refrigerators), mobiles and small appliances, IT and others. Their offering includes more than 6,000 SKUs across product categories from more than 70 consumer durable and electronic brands.
  • As of August 31, 2022, out of 112 stores, 100 stores are Multi Brand Outlets (“MBOs”) and 12 stores are Exclusive Brand Outlets (“EBOs”). They operate 89 MBOs under the name “Bajaj Electronics” in Andhra and Telangana, 8 MBO under the name of “Electronics Mart” in the NCR region, 2 specialized stores under the name “Kitchen Stories” which caters to the kitchen specific demands of their customers and 1 specialised store format under the name “Audio&Beyond” focusing on high end home audio and home automation solutions.
  • As of August 31, 2022, out of the total 112 stores, which are across 36 cities / urban agglomerates with a retail business area of 1.12 msf., 11 stores are owned and operated by EMIL, 93 stores are under longterm lease rental model and 8 stores are partly owned and partly leased.
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Strengths

  • One of the leading providers of market intelligence data for private companies globally
  • Diverse, longstanding, and growing global customer base
  • In-house developed, scalable, and secure technology platform
  • Significant cost advantages from India-based operations
  • Experienced promoters, board of directors, and senior management team backed by marquee investors

Company Promoters

Pavan Kumar Bajaj is the founder Promoter, Chairman and Managing Director of the company. Karan Bajaj is the Chief Executive Officer and Whole-time Director of the company. Astha Bajaj is the Whole-time Director designated as the Executive Director of the company. Anil Rajendra Nath is the Independent Director of the company. Mirza Ghulam Muhammad Baig is the Independent Director of the company. Jyotsna Angara is the Independent Director of the company.

Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (? in Crore)
  30-Jun-22 30-Jun-21 31-Mar-22 31-Mar-21 31-Mar-20
Total Assets 56.78 49.93 54.01 48.46 52.38
Total Revenue 19.08 15.44 65.16 55.74 6.31
Profit After Tax 0.923 -0.837775 -4.852 -4.152 -54.826
Net Worth 22.98 22.04 20.64 22.22 -135.24
Reserves and surplus 12.95 21.14 10.61 21.32 -135.44

Objects of the Issue

  • To achieve the benefits of listing the equity shares on the Stock Exchanges and the sale of up to 38,672,208 Equity Shares by the selling shareholders

How to Apply

Apply for IPO in few simple steps.

  • Step 01 :

    Once you create your account, Login to Us.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with Us, in just a few clicks your application is processed. You can bid for any IPO through Us, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
  • Any bid can be at a desired price or cut off price given by the company.

  • Enter the number of shares you wish to buy, as per the lot size.
  • You can apply at the cut off price set by the company or bid for a desired amount within the price band.
  • Maximum three bids will be accepted.
  • You then need to enter the UPI ID on IPO application form.

  • You will immediately get a fund blocked request on your UPI for the submitted IPO application.
  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
  • On allotment of the shares, the money will be automatically debited.
  • If the share aren’t allotted the blocked funds will reflect back into your account.

Frequently Asked Questions

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