Home Business Ratan Tata, Flipkart founder backed Tracxn Technologies IPO to open subsequent week, know worth band

Ratan Tata, Flipkart founder backed Tracxn Technologies IPO to open subsequent week, know worth band

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Ratan Tata, Flipkart founder backed Tracxn Technologies IPO to open subsequent week, know worth band

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Tracxn Technologies IPO: Ratan Tata, Flipkart’s founder Binny Bansal, Sachin Bansal and Delivery co-founder Sahil Barua backed Tracxn Technologies’ IPO (IPO) to open subsequent week. He goes. The firm has fastened its worth band for the IPO. The IPO will open on October 10 and buyers can apply for the IPO until October 12.

what’s worth band
Tracxn Technologies has fastened the worth band of its IPO. 75 to 80 per share worth has been fastened. The firm goes to boost Rs 290 to 309 crore by way of IPO. The IPO will open on Monday, October 10, 2022 and buyers can apply until October 12.

In the IPO, shares might be bought utterly by way of Offer for Sale. Promoters and buyers of the corporate are going to dump 38,672,208 shares within the IPO. Promoters Neha Singh and Abhishek Goyal are going to promote 76.62 lakh shares. On the opposite hand, Flipkart’s founder Binny and Sachin Bansal are getting ready to promote 12.63 lakh shares within the IPO. Bangalore-based Tracxn Technologies is among the world’s main market intelligence suppliers.

Big Investor Invested
Ratan Tata, Chairman Emeritus of Tata Sons, is among the buyers within the firm. Along with Binny Bansal and Sachin Bansal have additionally invested within the firm. Tracxn Technologies has many Fortune 500 corporations amongst its clients.

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