Kratikal Tech
Table of Contents
- 01 IPO Description
- 02 IPO Parameters
- 03 IPO Roadmap
- 04 GMP History
- 05Kratikal Tech IPO Market Lot
- 06 Kratikal Tech IPO Details
- 07 Kratikal Tech IPO Reservation
- 08 Kratikal Tech IPO Anchor Investors
- 09 Kratikal Tech IPO Dates
- 10 Kratikal Tech IPO Promoters and Holding Pattern
- 11 Kratikal Tech IPO Objects of the Issue & Utilisation of Proceeds
- 12 Kratikal Tech - About IPO
- 13 Kratikal Tech IPO Company Financial Report
- 14 Kratikal Tech IPO Valuation – FY2026
- 15 Kratikal Tech IPO Peer Group Comparison
- 16 IPO Lead Managers aka Merchant Bankers
IPO PARAMETERS
IPO ROADMAP
Grey Market Premium HISTORY
| Date | GMP (₹) | Daily Change | Gain (%) |
|---|---|---|---|
| 02 Jul 2026 | ₹41.00 | +₹27.00 | 30.37% |
| 30 Jun 2026 | ₹14.00 | - | 10.37% |
Kratikal Tech IPO MARKET LOT
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2,000 | ₹270,000 |
| Retail Maximum | 2 | 2,000 | ₹270,000 |
| S-HNI Minimum | 3 | 3,000 | ₹405,000 |
| S-HNI Maximum | 7 | 7,000 | ₹945,000 |
| B-HNI Minimum | 8 | 8,000 | ₹1,080,000 |
Kratikal Tech IPO DETAILS
Kratikal Tech Limited is launching its Initial Public Offering (IPO) through the book-building process to raise funds for business expansion, strengthening operational capabilities, and supporting future growth initiatives. The company operates in the cybersecurity and technology solutions segment and aims to enhance its market presence through this public issue.
The IPO consists entirely of a fresh issue of equity shares, meaning the proceeds raised from the offering will be directly utilized by the company for its strategic and operational objectives. Following the successful completion of the issue, the equity shares of Kratikal Tech Limited are proposed to be listed on the BSE SME platform.
| Particular | Details |
|---|---|
| Kratikal Tech IPO Open Date | June 30, 2026 |
| Kratikal Tech IPO Close Date | July 2, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹128 to ₹135 Per Share |
| Issue Size | Approx ₹40 Crores |
| Fresh Issue | Approx ₹40 Crores |
| Issue Type | Bookbuilding Issue |
| IPO Listing | BSE SME |
Kratikal Tech IPO RESERVATION
Kratikal Tech Limited has allocated shares across different investor categories in accordance with the applicable SME IPO regulations. The reservation structure aims to ensure balanced participation from institutional investors, non-institutional investors, and retail investors in the public issue.
The IPO includes a dedicated allocation for Anchor Investors and Qualified Institutional Buyers (QIBs), while a significant portion of the issue has also been reserved for Retail Individual Investors (RIIs) and Non-Institutional Investors (NIIs). The final allotment will depend on subscription demand and regulatory guidelines.
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | 8,31,000 Shares | 28.27% |
| QIB (Ex. Anchor) | 5,58,000 Shares | 18.98% |
| NII Shares Offered | 4,23,000 Shares | 14.39% |
| Retail Shares Offered | 9,78,000 Shares | 33.27% |
Kratikal Tech IPO Anchor INVESTORS
Kratikal Tech Limited has reserved a portion of its IPO for Anchor Investors as part of the book-building process. Anchor investors generally include institutional investors such as mutual funds, insurance companies, and foreign portfolio investors who participate in the issue before it opens for public subscription.
The anchor investor portion is intended to provide confidence in the offering and improve market participation. Shares allotted to anchor investors are subject to mandatory lock-in requirements as prescribed under applicable SEBI regulations.
| Particular | Details |
|---|---|
| Anchor Bidding Date | June 29, 2026 |
| Anchor Investors List | |
| Shares Offered | 8,31,000 Shares |
| Anchor Size | [.] Cr. |
| Lock-in Period End Date for 50% Shares (30 Days) | 2026 |
| Lock-in Period End Date for Remaining 50% Shares (90 Days) | 2026 |
Kratikal Tech IPO DATES
The Kratikal Tech IPO is scheduled to open for subscription on June 30, 2026, and will remain open for bidding until July 2, 2026. Investors can apply for the IPO through ASBA-supported applications and UPI-enabled platforms offered by registered brokers and banks during the subscription period.
The basis of allotment for the IPO is expected to be finalized on July 3, 2026. Refunds for unsuccessful applicants and the credit of allotted shares to investors' demat accounts are scheduled for July 6, 2026, while the shares of Kratikal Tech Limited are proposed to be listed on the BSE SME platform on July 7, 2026.
| Event | Date |
|---|---|
| IPO Open Date | June 30, 2026 |
| IPO Close Date | July 2, 2026 |
| Basis of Allotment | July 3, 2026 |
| Refunds | July 6, 2026 |
| Credit to Demat Account | July 6, 2026 |
| IPO Listing Date | July 7, 2026 |
| IPO Bidding Cut-off Time | July 2, 2026 – 5 PM |
Kratikal Tech IPO Promoters and Holding PATTERN
The promoters of Kratikal Tech Limited are Mr. Pavan Kumar, Mr. Paratosh Kumar, and Mr. Dip Jung Thapa. The promoters have played a key role in establishing and expanding the company's presence in the cybersecurity and technology solutions sector through their industry expertise and strategic leadership.
Prior to the public issue, the promoters collectively held a significant majority stake in the company. Following the completion of the IPO, promoter shareholding is expected to dilute due to the fresh issue of equity shares, while the promoters are expected to continue maintaining management control and guiding the company's long-term growth strategy.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 81,60,545 | 72.58% |
| Promoter Holding Post Issue | 1,11,00,545 | 53.36% |
Kratikal Tech IPO Objects of the Issue & Utilisation of PROCEEDS
Kratikal Tech Limited intends to utilize the proceeds raised from the IPO to accelerate business expansion, strengthen its global presence, and invest in technology-driven growth initiatives. The company plans to deploy a significant portion of the funds towards supporting its overseas subsidiaries and enhancing its sales and marketing capabilities.
In addition to expanding its international operations, the company also plans to invest in product development initiatives to strengthen its cybersecurity offerings and technological capabilities. The remaining funds from the issue will be utilized for general corporate purposes and other strategic business requirements.
| Purpose | Amount (Crores) |
|---|---|
| Investment in Threatcop FZ LLC, UAE and Threatcop AI Inc, USA (our subsidiaries) for expenditure towards sales & marketing activities and development of workforce resources | ₹23.08 |
| Investment in Product Development | ₹9.23 |
| General Corporate Purpose | ₹- |
Kratikal Tech - About IPO
Kratikal Tech is one of the growing cybersecurity solutions companies that offers AI-driven, SaaS-based security solutions and integrated cybersecurity services. Kratikal Tech focuses on reducing cybersecurity risk by incorporating its proprietary cybersecurity platforms and service-driven solutions across people, process, and technology.
The firm helps businesses with its two segments: 1) People Security Management, which includes protecting businesses from cyber risks caused by human error, such as phishing, social engineering, and credential theft. 2) Technology and Process Security Services, which include protecting the organization’s IT systems and security processes with Vulnerability Assessment and Penetration Testing (VAPT), Governance, Risk and Compliance (GRC), and AI-driven Vulnerability Management. Its product range caters to a wide range of clients across BFSI, fintech, telecom, IT/ITES, healthcare, and manufacturing sectors, both domestic and international markets.
Kratikal Tech IPO Company Financial REPORT
Kratikal Tech Limited has demonstrated strong financial growth over recent financial years, driven by increasing demand for cybersecurity solutions, managed security services, and technology-driven risk management offerings. The company has reported significant growth in revenue, profitability, and total assets, reflecting its expanding business operations and growing market presence.
The financial performance highlights the company's ability to scale operations while maintaining healthy profit margins and operational efficiency. Consistent improvement in Profit After Tax (PAT) and asset growth indicates strengthening fundamentals and supports the company's long-term expansion strategy.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | ₹13.28 | ₹9.36 | ₹3.20 | ₹9.05 |
| 2025 | ₹21.15 | ₹15.65 | ₹4.23 | ₹15.58 |
| 2026 | ₹36.86 | ₹28.48 | ₹6.14 | ₹30.12 |
Kratikal Tech IPO Valuation – FY2026
Investors generally evaluate an IPO using important valuation metrics such as Return on Equity (ROE), Return on Capital Employed (ROCE), Earnings Per Share (EPS), Return on Net Worth (RoNW), and Net Asset Value (NAV). These indicators provide valuable insights into the company's profitability, financial efficiency, and long-term growth potential.
Kratikal Tech Limited has reported strong profitability and healthy operational margins during FY2026, supported by growth in its cybersecurity and technology solutions business. The company's improving earnings profile and capital efficiency metrics provide investors with an overview of its financial strength ahead of the public issue.
| KPI | Values |
|---|---|
| ROE | 34.95% |
| ROCE | 34.35% |
| EBITDA Margin | 24.73% |
| PAT Margin | 16.73% |
| Debt to Equity Ratio | – |
| Earning Per Share (EPS) | ₹7.86 (Basic) |
| Price/Earning (P/E) Ratio | N/A |
| Return on Net Worth (RoNW) | 25.57% |
| Net Asset Value (NAV) | ₹29.43 |
Kratikal Tech IPO Peer Group COMPARISON
Comparing Kratikal Tech Limited with listed cybersecurity and technology service companies helps investors evaluate the company's valuation, profitability, and financial strength relative to established players in the sector. Metrics such as Earnings Per Share (EPS), Price to Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) provide valuable insights for investment analysis.
Peer group comparison allows investors to understand the company's competitive positioning and assess whether the IPO valuation appears attractive when benchmarked against similar listed companies operating in the cybersecurity and digital risk management industry.
| Company | EPS | P/E Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| AAA Technologies Limited | 1.61 | 55.38 | 6.66% | 24.14 | ₹20.38 Cr. |
| Accedere Limited | 1.37 | 44.04 | 12.51% | 10.98 | ₹4.15 Cr. |
IPO Lead Managers aka Merchant BANKERS
- Beeline Capital Advisors Pvt. Ltd.