Mukul Agrawal buys stake in Tracxn Technologies, one more smallcap stock via bulk deals

Ace investor Mukul Agrawal bought 20 lakh shares each, in two smallcap companies Tracxn Technologies and Laxmi India Finance on Monday via separate bulk deals. The deals were valued at Rs 6.6 crore and Rs 18.51 crore, respectively.

Tracxn Technologies bulk deal

The shares were bought at a price of Rs 33 per share, up 5.5% from Friday's closing price of Rs 31.27. The stock finally closed at Rs 34.32 on the NSE, up by Rs 3.05 or 9.75%.

According to the BSE shareholding data, Agrawal held 20 lakh shares representing 1.88% equity in the company as on December 31, 2025.


Tracxn provides a consolidated and organised platform for private market data. Tracxn is a publicly traded company listed on the NSE and BSE since October 20, 2022. The company claims to serve over 1,500 clients in 50+ countries. Its clients include venture capital funds, private equity firms, corporates, universities and investment banks.

The stock is a market laggard and is down over 50% in the past 12 months. Tracxn Technologies shares have declined 14% in 2026, so far.

Tracxn Technologies' market capitalization is around Rs 366 crore.

Laxmi India Finance

Agrawal bought Laxmi India Finance's shares at a price of Rs 92.55 apiece, which is a 1.7% premium over the Friday closing price of Rs 90.97.

The stock today surged 10% to settle at Rs 100.50 on the NSE, up by Rs 9.53.

Agrawal held 20 lakh shares in the company as of December 31, 2025, which account for 3.83% equity.

Listed on August 5, 2025, Laxmi India Finance is a non-deposit taking non-banking financial company. As of September 30, 2024, our operational network spanned 139 branches in rural, semi-urban and urban areas in the states of Rajasthan, Gujarat, Madhya Pradesh and Chhattisgarh. Its product portfolio includes MSME loans, vehicle loans, construction loans and other lending products.

The company launched its initial public offering (IPO) in July at a price band of Rs 150 to Rs 158.

The stock is down 58% from its issue price.

(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)