Publicly listed market intelligence platform Tracxn has approved a share buyback programme worth approximately ₹8 crore, according to a stock exchange filing made on July 7, 2025.
The company’s buyback committee has given the green light to repurchase 11,42,857 fully paid-up equity shares at a price of ₹70 per share through the tender offer route. This price reflects a 22% premium over Tracxn’s closing share price of ₹57.37 on the BSE the previous day.
“…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,” the company stated in its regulatory disclosure.
The company has fixed July 18, 2025, as the record date to determine shareholders’ eligibility for participating in the buyback. The proposed repurchase represents just over 1% of Tracxn’s total outstanding equity shares, which stood at 10.71 crore as of March 2025.
Tracxn’s decision to initiate a buyback comes amid subdued financial performance. In the fourth quarter of FY25, the company reported a net loss of ₹7.6 crore, compared to a profit of ₹1.4 crore in the corresponding quarter last year. Revenue from operations during the same period inched up 3.9% year-on-year to ₹21.1 crore, from ₹20.3 crore in Q4 FY24.
For the full FY25, Tracxn reported a net loss of ₹9.5 crore, reversing a profit of ₹6.5 crore in FY24. Annual operating revenue rose marginally by 3% to ₹84.5 crore, compared to ₹82.8 crore in the prior year.
This weak financial showing has weighed on the company’s stock performance. Tracxn shares have fallen over 25% year-to-date, and have declined more than 40% over the past 12 months on the BSE.
Founded in 2013 by Neha Singh and Abhishek Goyal, Tracxn offers deep market intelligence, tracking private funding, company financials, and cap tables globally. As of March 2025, the platform claimed to host detailed shareholding data of over 3.13 lakh companies across more than 15 countries, with a customer base of 1,926+ clients.
