Tracxn Technologies' ₹309.38 crore IPO subscribed 13% on Day 1

Tracxn Technologies, a Bengaluru-based market data startup, launched its initial public offering on Monday. The IPO was subscribed 13% on the first day of bidding, Times Now reported. The portion set aside for retail investors was subscribed 0.71 times, whereas that of non-institutional investors was subscribed 0.01 times. Tracxn Technologies has set its price band at ₹75-₹80 apiece for IPO.