Tracxn To Buyback Shares Worth INR 8 Cr

Tracxn Board Greenlits Stock Buyback Worth INR 8 Cr

SUMMARY

In a filing with the exchanges, the company said that it will look to buy back 11.42 Lakhs shares at INR 70 apiece

The market intelligence company has set July 18, 2025 as the “record date” for determining the eligibility of shareholders for participation in the buyback offer

The quantum of the buyback represents a little over 1% of the total 10.71 Cr outstanding equity shares of the listed company at the end of March 2025

Listed market intelligence platform Tracxn’s buyback committee has approved a stock buyback programme worth nearly INR 8 Cr.

In an exchange filing yesterday, the company said it will buy back 11.42 Lakh shares (11,42,857 to be precise) at INR 70 apiece. This represents a premium of 22% compared to the stock’s closing price of INR 57.37 on the BSE yesterday.

“… We wish to inform you that the buyback committee of board of directors of the company at its meeting held on July 07, 2025, approved the buyback of fully paid-up equity shares of the company by way of tender offer route,” read the filing.

The market intelligence company has set July 18, 2025 as the record date for determining the eligibility of shareholders for participation in the buyback offer.

The quantum of the buyback represents a little over 1% of the total 10.71 Cr outstanding equity shares of the company at the end of March 2025.

Notably, Tracxn slipped into the red in Q4 FY25, reporting a net loss of INR 7.6 Cr as against a profit of INR 1.4 Cr in the year-ago period. Operating revenue rose a mere 3.9% to INR 21.1 Cr during the quarter under review from INR 20.3 Cr in Q4 FY24.

In total, the company reported a net loss of INR 9.5 Cr for the full fiscal year FY25 as against a profit of INR 6.5 Cr in FY24. Operating revenue rose just 3% to INR 84.5 Cr during the fiscal under review from INR 82.8 Cr in the year ago period.

This lacklustre performance has also weighed heavily on the startup’s stock price. Tracxn’s shares have declined more than 25% on a year-to-date basis on the BSE. In the past one year, the company’s stock has dwindled over 40% on the BSE.

Founded in 2013 by Neha Singh and Abhishek Goyal, Tracxn is a private equity market research and data platform that tracks company financials, private funding and cap tables of entities worldwide.

At the end of March 2025, Tracxn claimed to host detailed shareholding of over 3.13 Lakh companies from over 15 countries on its platform and more than 1,926 clients.