amit@unlistedkraft.in
+91-9599071664
+91-9599071664
Ticker Ltd Unlisted Shares
DRHP Status : Not Filed
33.5
Fundamentals About Ticker Ltd
Downloads & Investor Documents
All documents are provided for informational purposes and are subject to regulatory disclosures.
Key Financials of Ticker Ltd
| P&L Statement | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | 16 | 17 | 17 | 16.5 |
| Cost of Material Consumed | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 |
| Gross Margins | 100 | 100 | 100 | 100 |
| Employee Benefit Expenses | 15 | 32 | 34 | 32.4 |
| Other Expenses | 23 | 33 | 36 | 41.4 |
| EBITDA | -22 | -48 | -53 | -57.3 |
| OPM | -137.5 | -282.35 | -311.76 | -347.27 |
| Other Income | 0.87 | 3 | 2.7 | 18 |
| Finance Cost | 0.03 | 0.08 | 1 | 0.09 |
| D&A | 0.7 | 1.1 | 0.07 | 1.21 |
| EBIT | -22.7 | -49.1 | -53.07 | -58.51 |
| EBIT Margins | -141.87 | -288.82 | -312.18 | -354.61 |
| PBT | -23 | -46 | -51 | -40.5 |
| PBT Margins | -143.75 | -270.59 | -300 | -245.45 |
| Tax | 0 | 0 | 0 | 1.9 |
| PAT | -23 | -46 | -51 | -42.4 |
| NPM | -143.75 | -270.59 | -300 | -256.97 |
| EPS | -0.19 | -0.38 | -0.41 | -0.24 |
| Financial Ratios | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating Profit Margin | -137.5 | -282.35 | -311.76 | -347.27 |
| Net Profit Margin | -143.75 | -270.59 | -300 | -256.97 |
| Earning Per Share (Diluted) | -0.19 | -0.38 | -0.41 | -0.24 |
| Assets | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Fixed Assets | 3 | 3 | 3 | 2.6 |
| CWIP | 0 | 0.3 | 0.5 | 0 |
| Investments | 0 | 5 | 2.5 | 22.3 |
| Trade Receivables | 0.17 | 0.27 | 1.1 | 0.83 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Assets | 91.83 | 61.43 | 39.9 | 173.27 |
| Total Assets | 95 | 70 | 47 | 199 |
| Liabilities | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Share Capital | 120.05 | 121.72 | 123.77 | 174.92 |
| FV | 1 | 1 | 1 | 1 |
| Reserves | -46 | -73 | -101 | 0.97 |
| Borrowings | 0 | 0 | 0 | 0 |
| Trade Payables | 10 | 9 | 11 | 10 |
| Other Liabilities | 10.95 | 12.28 | 13.23 | 13.11 |
| Total Liabilities | 95 | 70 | 47 | 199 |
About Company
The following table shows a 10-point analysis of Ticker Limited. We will discuss each point in detail after this table.
| Parameter | Key Numbers | Insights |
|---|---|---|
| Business Overview | FY25 Revenue ~₹35 Cr · PAT negative (~₹40–51 Cr loss) · PAT margin negative | Financial content and market data provider offering real-time streaming feeds, analytics platforms, research tools, and news across equities, forex, and commodities. Serves BFSI institutions and retail users; currently low operational scale with sustained losses. |
| Industry & Market Position | Niche fintech data player · Low market share | Competitive in fintech data space but small footprint; edge via low-latency feeds & local focus; resilient to market demand but vulnerable to competition, tech costs & client concentration; no significant dominance |
| Revenue Growth Trend | FY23–FY25 flat/declining (~3–4% dip in some periods) | Stagnant revenue trajectory with minimal client expansion; no meaningful CAGR; revival dependent on new enterprise contracts and fintech demand growth. |
| Profitability & Margins | EBITDA negative · ROE negative · PAT margin negative | Persistent operating losses driven by high fixed technology and infrastructure costs relative to revenue scale; no visible turnaround. |
| Cash Flow Quality | OCF negative · No dividends | Ongoing cash burn from operations and maintenance; dependent on funding or capital infusions; weak internal cash generation. |
| Balance Sheet Strength | Net worth modest · Debt low/moderate | Conservative leverage but equity base pressured by cumulative losses; liquidity buffers limited without external support. |
| Valuation Comfort | Unlisted price ~₹33–34 (Feb 2026) · Market cap ~₹500–600 Cr (est.) | Discounted pricing reflects weak fundamentals and low growth; speculative valuation tied to potential revival or strategic pivot. |
| Management & Governance | Professional oversight · SEBI-compliant disclosures | Transparent filings and regulatory compliance; governance appears standard with no major red flags reported. |
| Growth Triggers & Catalysts | Strategic pivot · New contracts · Financial data demand growth | Upside dependent on business model reinvention, partnerships, or technology upgrades; no confirmed IPO or near-term catalyst. |
| Liquidity & Exit Visibility | OTC liquidity only · No IPO plans | Limited unlisted trading volume; high liquidity risk; exit contingent on strategic transaction or business turnaround. |
Ticker Limited, incorporated in February 2005 and headquartered in Mumbai, operates as a public limited company under the 63 Moons Technologies Group. The company provides real-time financial data, market intelligence, analytics, and technology solutions across equities, derivatives, commodities, currency, and fixed income.
Ticker serves institutional traders, brokers, wealth managers, corporates, fintechs, and retail investors. As part of 63 Moons Technologies, the company benefits from advanced technical infrastructure and global-standard market dissemination capabilities.
Business Model & Offerings
- Ticker operates on a B2B + B2C subscription-based model, offering real-time data and analytics platforms.
- MarketView Terminal (MVT):
- A high-performance financial terminal delivering ultra-low latency data.
- Equipped with advanced charting tools, scanners, and analytics for technical and fundamental study.
- Supports multi-asset class tracking across Indian and international exchanges.
- Ticker Solutions & Wealth Products:
- APIs and data feeds for brokers, fintechs, and enterprises.
- Brokerage processing and back-office modules.
- White-label advisory platforms for wealth managers, AMCs, and financial advisors.
- Customizable dashboards and integrations via open APIs.
Market Reach & Clients
- Offers global financial market coverage delivered via desktop platforms, web interfaces, and third-party integrations.
- Solutions are used by top BFSI institutions, broking firms, wealth management entities, and advisory companies.
- Supports 500+ corporate clients and serves millions of retail users across India through its B2C vertical.
- Strong alignment with the 63 Moons ecosystem ensures high compliance, fast data delivery, and technological reliability.
Achievements & Competitive Strengths
- Ultra-low latency data feeds directly from Indian and global exchanges.
- Robust technical infrastructure ensuring superior uptime, data security, and high reliability.
- Modular and scalable architecture with easy integration across financial platforms.
- Customizable dashboards, analytics tools, and APIs tailored for both institutional and retail workflows.
IPO Status & Funding
- As per the valuation report dated 23 October 2024, Ticker had 1,67,62,94,465 equity shares.
- On 25 November 2025, the company allotted 7,30,00,000 equity shares at ₹20 per share through private placement, raising ₹146 crore.
- Post allotment, the total outstanding shares increased to 1,74,92,94,465.
- While Ticker remains unlisted and has not filed a DRHP, its strong institutional presence and fresh capital infusion suggest potential for future IPO consideration.
- Link to Private Placement (to be added by you on the website).
Quick Summary
Ticker Limited is a prominent financial information and analytics provider backed by the 63 Moons Technologies ecosystem. With advanced market terminals, enterprise data solutions, APIs, and a strong institutional client base, the company has firmly positioned itself as a leading market intelligence player. Its scalable technology stack, global-standard infrastructure, and expanding customer base offer strong long-term growth potential.
Although currently unlisted, its strengthening financials and capital-raising activity indicate readiness for future expansion, possibly through an IPO once the company enters its next phase of growth.
Shareholding Pattern of Ticker Ltd
| Name | Holding |
|---|---|
| 63 Moons Technologies Ltd | 67.49% |
| Others | 32.51% |
Promoters of Ticker Ltd
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Frequently Asked Questions
Ticker Limited unlisted shares are the equity shares of Ticker Ltd., a financial data and analytics company that is not listed on NSE or BSE. These shares are traded privately through trusted unlisted share platforms.
Yes. Ticker is a subsidiary of 63 Moons Technologies, benefiting from its world-class market infrastructure and technology backbone.
Ticker follows a B2B + B2C subscription model. Revenue comes from MarketView Terminal (MVT) subscriptions, data feeds, APIs, brokerage processing, and white-label wealth platforms.
Its client base includes brokers, traders, BFSI companies, fintechs, wealth managers, advisory firms, and retail traders across India.
No, Ticker has not filed a DRHP yet. However, given its strong technology infrastructure and recent fundraising, the company may consider an IPO in the future.
After the private placement on 25 November 2025, the total number of equity shares increased to 1,74,92,94,465.
The company raised ₹146 crore by issuing 7.3 crore equity shares at ₹20 per share through private placement.
Unlisted shares carry moderate liquidity risks, but Ticker’s strong parentage, institutional clients, and deep market presence make it a fundamentally sound player. Always invest through verified platforms for secure transactions
Ultra-low latency feeds, global market coverage, scalable APIs, strong security infrastructure, and wide industry adoption across institutions and retail platforms.
Yes, a demat account is mandatory for holding and receiving Ticker’s unlisted shares.
Yes. You can sell unlisted shares in the private market before the IPO, depending on demand and platform availability.
Key risks include regulatory changes in market data distribution, competition from global terminals, and slower adoption in mass retail segments.
+91-9599071664
amit@unlistedkraft.in