Tracxn Technologies IPO subscribed 78% on day 3, last day to bid for issue

The issue kicked off for subscription on Monday, October 10 and will close for subscription on Wednesday, October 12. The company is selling its shares in the range of Rs 75-80 apiece to raise about Rs 310 crore via its initial stake sale.According to the data from BSE, the investors made bids for 1,66,59,990 equity shares or 78 per cent compared to the 2,12,69,714 equity shares offered for the subscription by 11.35 am on Wednesday, October 12.