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Tracxn Technologies IPO subscribed 3% on day one as retail portion booked 15%

Flipkart founders Sachin Bansal and Binny Bansal-backed Tracxn Technologies is set to mop up Rs 309.37 crore through its initial public offering at the upper end of the price band of Rs 75-80 per share. It is entirely an offer for sale so the company will not receive any funds from the issue.

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