The Bengaluru-based Tracxn Technologies is selling its shares in the range of Rs 75-80 apiece and the issue is entirely an offer for sale (OFS) of up to 38,672,208 equity shares by the promoters and existing shareholders of the company. Founded in 2013, Tracxn Technologies has an asset-light business model. The company said it has raised Rs 139.22 crore from anchor investors.
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO