Tracxn Technologies IPO GMP / Grey Market Premium, Kostak Rates & SS Today
Last Updated Date: Nov 17, 2022Tracxn Technologies is about to release its IPO on Oct 10, 2022. The issue is closing on Oct 12, 2022 and is currently having an active grey market. The Tracxn Technologies IPO GMP is running at a stable rate as per the current situation.
In IPO, the GMP or the Grey Market Premium is the premium amount at which the IPO shares are traded before getting listed in the stock market.
However, the QIB and the HNI numbers are the key indicators of GMP in the case of Tracxn Technologies IPO. The company is intended to raise Rs 309.38 crores by the released issue.
Tracxn Technologies IPO GMP Rates, Kotak rates & SS
This particular table represents everything related to the IPO event from its opening and closing date along with the face value of the issue.
You can check this table related to know the IPO size, price band along with listing details, and more.
| Date | GMP (in INR) | Kostak (in INR) | Subject to Sauda (in INR) |
| 20th Oct 2022 | (Rs. 4) | NA | NA |
| 19th Oct 2022 | (Rs. 4) | NA | NA |
| 18th Oct 2022 | (Rs. 4) | NA | NA |
| 17th Oct 2022 | (Rs. 4) | NA | NA |
| 15th Oct 2022 | (Rs. 4) | NA | NA |
| 14th Oct 2022 | NA | NA | NA |
| 13th Oct 2022 | NA | NA | NA |
| 12th Oct 2022 | Rs. 8 | Rs. 500 | NA |
| 11th Oct 2022 | NA | NA | NA |
| 10th Oct 2022 | NA | NA | NA |
| 9th Oct 2022 | NA | NA | NA |
| 8th Oct 2022 | NA | NA | NA |
Check out Related IPO Links:
| Review Tracxn Technologies IPO |
| Tracxn Technologies IPO Allotment |
| LIVE Subscription – Tracxn Technologies IPO |
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Tracxn Technologies IPO Date / Timetable
Here, you will find the important dates and events of this IPO. Check the allotment status, visit us again once the subscription date is over.
| IPO Open Date | Oct 10, 2022 |
| IPO Close Date | Oct 12, 2022 |
| Basis of Allotment Date | Oct 17, 2022 |
| Initiation of Refunds | Oct 18, 2022 |
| Credit of Shares to Demat Account | Oct 19, 2022 |
| IPO Listing Date | Oct 20, 2022 |
Tracxn Technologies IPO – Financial Performance
The below-given table will give you an overall idea of the company’s financial performance. Check their net profit and loss statement about Tracxn Technologies IPO.
| Amount (in INR & Crores) | |||
| 31-Mar-22 | 31-Mar-21 | Mar-20 | |
| Assets | 54.01 | 48.46 | 52.38 |
| Revenue | 65.16 | 55.74 | 6.31 |
| Expense | 65.51 | 61.08 | 60.34 |
| Profit After Tax | -4.852 | -4.152 | -54.826 |
| Earnings per Equity Share (in Thousand) | |||
| 31-Mar-22 | 31-Mar-21 | Mar-20 | |
| Basic | (0.48) | (0.55) | (5.54) |
| Diluted | (0.48) | (1.52) | (5.54) |
FAQs Related to Tracxn Technologies IPO GMP
Check out FAQs on Tracxn Technologies IPO Grey Market Premium here –
What is the current Tracxn Technologies IPO GMP Price?
As on today, the Tracxn Technologies IPO GMP is (Rs. 4).
What is the current Tracxn Technologies IPO Kostak Rate?
The Kostak rate is Rs 500 for Tracxn Technologies IPO.
What is today’s Tracxn Technologies IPO Subject to Sauda Rate?
As on today, the Tracxn Technologies IPO Subject to Sauda is Rs NA.
Where to Check Tracxn Technologies IPO Allotment & Listing?
However, if you don’t want to miss out on the issue’s allotment status and the listing, you can refer to this LINK given here: IPO Allotment Status
What is Kostak Price?
To apply for an IPO, there is an application price or application charges that come along and is known as Kostak price. It is actually the premium amount at which IPO applications are being traded in the grey market.
Is GREY market buy or sell shares illegal?
Grey Market is basically trading that takes place before the stock of a company gets enlisted on the stock exchange.
It takes place before the IPO release and the prices may change at any time. Hence, it is unofficial trading and hence, not “illegal”.
Disclaimer:
The Tracxn Technologies IPO GMP which is mentioned in the table here is only valid for a specific date as mentioned in the header section. The Kostak is the premium that one gets by selling her/his IPO application to someone else before listing the issue. He or she can sell it in an off-market transaction. However, we aren’t buying/selling IPO forms on the IPO Grey market.
It is also requested that please do not subscribe for an IPO by just seeing the premium price. The reason being, the premium price varies and can change anytime before listing. Please subscribe only after considering the fundamentals of the companies.