Kratikal Tech Limited has launched its Initial Public Offering (IPO) through the Book Built Issue route to raise capital for supporting its future growth plans and business expansion. The public issue comprises fresh equity shares, enabling the company to strengthen its financial position and invest in its strategic business initiatives. Following the completion of the issue, the company’s equity shares are proposed to be listed on the NSE SME platform.
The Kratikal Tech IPO will remain open for subscription during the announced bidding period, allowing eligible investors to apply within the prescribed price band. After the subscription closes, the registrar will complete the allotment process, initiate the credit of shares to successful applicants, process refunds where applicable, and facilitate the listing of the equity shares on the stock exchange according to the IPO schedule.
Before investing, investors should evaluate the company’s cybersecurity business, financial performance, future growth strategy, industry outlook, utilisation of IPO proceeds, and the risks associated with its operations. This article covers all the important information about the Kratikal Tech IPO, including issue details, subscription timeline, reservation, lot size, company profile, financial performance, objectives of the issue, strengths, risk factors, and frequently asked questions.
Kratikal Tech IPO Details
Kratikal Tech Limited is launching a Book Built SME IPO consisting entirely of a fresh issue of equity shares. The funds raised through the public issue are proposed to be utilised for the purposes mentioned in the Red Herring Prospectus. The important details of the IPO are provided below.
| IPO Details | Information |
|---|---|
| IPO Name | Kratikal Tech IPO |
| IPO Type | Book Built Issue |
| Issue Category | SME IPO |
| Face Value | ₹10 per Equity Share |
| Price Band | ₹76 to ₹80 per Equity Share |
| Issue Price | ₹80 per Equity Share |
| Issue Size | ₹48.69 Crore |
| Fresh Issue | 60,86,400 Equity Shares (₹48.69 Crore) |
| Offer for Sale | Nil |
| IPO Opens | 30 June 2026 |
| IPO Closes | 2 July 2026 |
| Basis of Allotment | 3 July 2026 |
| Refund Initiation | 6 July 2026 |
| Credit of Shares to Demat | 6 July 2026 |
| Listing Date | 7 July 2026 |
| Listing Exchange | NSE SME |
| Lot Size | 1,600 Equity Shares |
| Minimum Investment | ₹1,28,000 |
| Registrar | Bigshare Services Private Limited |
| Book Running Lead Manager | Horizon Management Private Limited |
| Market Maker | Giriraj Stock Broking Private Limited |
| Issue Status | Listed |
The Kratikal Tech IPO is structured as a fresh equity issue without any Offer for Sale component. Accordingly, the net proceeds from the issue, after meeting the related expenses, will be utilised by the company for the objectives disclosed in the Red Herring Prospectus. Investors should carefully review the issue structure, investment requirement, and other relevant information before submitting their applications.
Kratikal Tech IPO Dates & Timeline
The Kratikal Tech IPO follows the standard timeline applicable to SME public issues. After the subscription period concludes, the basis of allotment will be finalised, refunds or fund releases will be processed where applicable, successful applicants will receive shares in their demat accounts, and the company’s equity shares will subsequently be listed on the NSE SME platform.
| Event | Date |
|---|---|
| IPO Opening Date | 30 June 2026 |
| IPO Closing Date | 2 July 2026 |
| Basis of Allotment | 3 July 2026 |
| Initiation of Refunds | 6 July 2026 |
| Credit of Shares to Demat | 6 July 2026 |
| Listing Date | 7 July 2026 |
Applicants should ensure that their IPO applications are submitted within the prescribed timeline and that sufficient funds remain available until the allotment process is completed. Shares allotted to successful applicants will be credited to their demat accounts before listing, while funds blocked for unsuccessful applications will be released as per the applicable procedure.
Kratikal Tech IPO Reservation
The Kratikal Tech IPO has been allocated among various investor categories in accordance with the applicable SEBI regulations governing SME public issues. The category-wise reservation is presented below.
| Investor Category | Reservation |
|---|---|
| Qualified Institutional Buyers (QIBs) | Not More than 50% |
| Non-Institutional Investors (NIIs) | Not Less than 15% |
| Retail Individual Investors | Not Less than 35% |
The allocation of equity shares will be carried out separately for each investor category based on the subscription received. Applicants should ensure that they apply under the appropriate category and comply with the relevant investment limits specified for the issue.
Kratikal Tech IPO Lot Size
Applications for the Kratikal Tech IPO must be submitted in the prescribed lot size. Investors can apply for one or more lots depending on their investor category and the applicable investment limits.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Minimum) | 1 | 1,600 | ₹1,28,000 |
| Retail (Maximum) | 1 | 1,600 | ₹1,28,000 |
| HNI (Minimum) | 2 | 3,200 | ₹2,56,000 |
The minimum investment for retail applicants is based on one lot comprising 1,600 equity shares. Investors applying under the non-institutional category are required to apply for at least two lots or more, depending on the applicable investment criteria. Before applying, investors should verify the investment amount based on the final issue price and ensure they satisfy the eligibility requirements.
About Kratikal Tech Limited
Kratikal Tech Limited is a cybersecurity company that develops technology solutions designed to help organisations safeguard their digital assets and strengthen their information security framework. The company combines software products with professional cybersecurity services to support businesses in identifying vulnerabilities, managing cyber risks, and meeting regulatory and compliance requirements.
Its operations are centred around proprietary SaaS-based cybersecurity platforms and a broad range of consulting services. These offerings include security awareness programmes, phishing simulation, vulnerability assessment and penetration testing (VAPT), cloud security, application security testing, governance, risk and compliance (GRC), and managed cybersecurity solutions. Through these services, the company assists organisations in improving their overall cyber resilience and reducing security threats.
Kratikal Tech serves clients operating across diverse industries and delivers customised cybersecurity solutions based on their business requirements. By integrating artificial intelligence, automation, and domain expertise into its products and services, the company aims to provide practical and scalable security solutions that address evolving cyber risks in today’s digital environment.
The company continues to invest in product innovation, technology enhancement, and market expansion to strengthen its competitive position. With an experienced leadership team and a growing portfolio of cybersecurity solutions, Kratikal Tech is focused on expanding its customer reach while supporting organisations in building secure and compliant digital ecosystems.
Kratikal Tech IPO Financial Performance
Kratikal Tech Limited has recorded significant growth in its business over the last three financial years. The company’s increasing revenue and profitability indicate expansion in its cybersecurity business, supported by higher customer acquisition and growing demand for technology-driven security solutions.
| Financial Year | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue from Operations | ₹1,301.58 Lakhs | ₹2,085.09 Lakhs | ₹3,671.59 Lakhs |
| EBITDA | ₹387.04 Lakhs | ₹551.25 Lakhs | ₹908.08 Lakhs |
| EBITDA Margin | 29.74% | 26.44% | 24.73% |
| Profit After Tax (PAT) | ₹320.32 Lakhs | ₹381.44 Lakhs | ₹614.25 Lakhs |
| PAT Margin | 24.61% | 18.29% | 16.73% |
The company’s financial performance reflects consistent business expansion during the review period. Revenue from operations increased each year, while EBITDA and profit after tax also reported healthy growth in absolute terms. Although operating and net profit margins moderated as the scale of operations increased, the overall financial trend demonstrates the company’s ability to expand its business while maintaining profitability. These financial results indicate steady operational progress and provide insight into the company’s growth trajectory ahead of its public issue.
Objectives of the Kratikal Tech IPO
Kratikal Tech Limited plans to utilise the net proceeds from the IPO to strengthen its business operations, expand its international presence, and support future growth initiatives. The proposed utilisation of funds is intended to enhance the company’s operational capabilities while creating a strong foundation for long-term business expansion.
| Objectives | Details |
|---|---|
| Investment in Wholly Owned Subsidiaries | Funding Threatcop Inc. (USA) and Threatcop FZCO (UAE) to support business expansion, sales, marketing activities, and workforce development. |
| Product Development and Technology Enhancement | Investing in the development, improvement, and expansion of the company’s cybersecurity products and technology platforms. |
| General Corporate Purposes | Meeting strategic business requirements, strengthening operational capabilities, and supporting future growth initiatives. |
| Issue Expenses | Meeting expenses incurred in connection with the public issue. |
The company intends to utilise the IPO proceeds to accelerate the growth of its cybersecurity business while strengthening its presence in overseas markets. A portion of the funds will be invested in its wholly owned subsidiaries to support expansion activities and enhance sales and marketing capabilities. The company also plans to invest in improving its technology platforms and cybersecurity solutions to meet evolving customer requirements. The remaining proceeds will be used for general corporate purposes and expenses related to the public issue, providing additional financial flexibility for future business operations.
Kratikal Tech IPO Strengths
Kratikal Tech Limited has established its presence in the cybersecurity industry by offering technology-driven solutions supported by domain expertise and a customer-focused approach. Some of the key strengths of the company are as follows.
- Proprietary Cybersecurity Products: The company has developed its own SaaS-based cybersecurity platforms that help organisations strengthen cyber awareness, identify security risks, and improve their overall security framework.
- Comprehensive Service Portfolio: Kratikal Tech offers a wide range of cybersecurity solutions, including vulnerability assessment and penetration testing (VAPT), cloud security, application security testing, governance, risk and compliance (GRC), managed security services, and security awareness programmes.
- AI-Driven Technology Solutions: The company integrates artificial intelligence and automation into its cybersecurity products, enabling customers to identify, monitor, and manage cyber risks more efficiently.
- Diversified Customer Base: Kratikal Tech serves organisations across multiple industries, reducing its dependence on any single customer or business sector while creating opportunities for sustained business growth.
- Experienced Management Team: The company is led by promoters and professionals with significant experience in cybersecurity, technology development, and business management, supporting strategic decision-making and operational execution.
- Scalable Business Model: With a combination of subscription-based software products and cybersecurity consulting services, the company is well positioned to expand its operations and generate long-term business growth.
Kratikal Tech IPO Risk Factors
Every investment carries certain risks, and investors should carefully evaluate the potential challenges associated with Kratikal Tech Limited before making an investment decision. Some of the significant risk factors are outlined below.
- Dependence on the Cybersecurity Industry: The company’s business is directly linked to the cybersecurity sector. Any slowdown in technology spending, changes in customer priorities, or reduced demand for cybersecurity solutions could affect its revenue and future growth.
- Reliance on Proprietary Technology: Kratikal Tech’s business depends on the continuous performance, reliability, and enhancement of its proprietary software platforms. Any technical issues, product failures, or delays in developing new features may adversely impact customer satisfaction and business operations.
- Rapid Technological Changes: The cybersecurity industry evolves rapidly, requiring continuous investment in research, innovation, and product development. Failure to keep pace with emerging cyber threats and technological advancements may reduce the company’s competitive position.
- Customer Retention Risk: The company derives its revenue from enterprise customers across various industries. The loss of key customers, non-renewal of subscription contracts, or reduced demand for its services could have an adverse effect on its financial performance.
- Global Expansion Risks: Kratikal Tech intends to strengthen its presence in international markets through its overseas subsidiaries. Any regulatory changes, operational challenges, or market uncertainties in these jurisdictions may affect the company’s expansion plans and financial results.
- Cybersecurity and Data Protection Risks: Since the company operates in the cybersecurity domain, it is exposed to risks relating to data security, cyber incidents, system failures, and protection of confidential information. Any significant security breach could impact customer confidence, reputation, and business operations.
Frequently Asked Questions (FAQs)
What is the Kratikal Tech IPO?
Kratikal Tech IPO is a Book Built SME IPO through which Kratikal Tech Limited is raising funds by issuing fresh equity shares. The company’s equity shares are proposed to be listed on the BSE SME platform.
What are the Kratikal Tech IPO dates?
The Kratikal Tech IPO opens for subscription on 30 June 2026 and closes on 2 July 2026.
What is the price band of the Kratikal Tech IPO?
The price band for the Kratikal Tech IPO is ₹128 to ₹135 per equity share.
What is the lot size of the Kratikal Tech IPO?
The minimum application consists of 1,000 equity shares, and applications can be made in multiples thereof.
How will the company utilise the IPO proceeds?
The company proposes to utilise the net proceeds for investment in its wholly owned subsidiaries, product development, general corporate purposes, and issue-related expenses.
On which stock exchange will the Kratikal Tech IPO be listed?
The equity shares of Kratikal Tech Limited are proposed to be listed on the BSE SME platform.
