Kratikal Tech was incorporated on November 13, 2013. The company provides AI-driven, SaaS-based cybersecurity solutions through its proprietary platforms, complemented by cybersecurity and regulatory compliance services. Its integrated offerings help organizations reduce cyber risks, strengthen resilience, and enhance security across people, processes, and technology
| Bidding Dates |
|---|
| 30 Jun 2026 - 02 Jul 2026 |
| Subscription |
|---|
| 205.08x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹2,56,000 | 2 | 2 | 1000 | 2.9 M | ₹128 - ₹135 | 53.36 % | ₹376.3 M - ₹396.9 M | RHP DOC |
Kratikal Tech IPO SUBSCRIPTION STATUS
02 Jul '26Kratikal Tech IPO overall subscription rate was 205.08 times the total available shares
Kratikal Tech IPO retail subscription rate was 289.48 times in the retail segment
Kratikal Tech IPO non-institutional investor subscription rate was 434.56 times in the non-institutional investor category
Kratikal Tech IPO Qualified Institutional Bidder subscription rate was 77.16 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
02 Jul 2026 (Day 3) | 289.48x | 434.56x | 77.16x |
01 Jul 2026 (Day 2) | 30.42x | 26.15x | 2.69x |
30 Jun 2026 (Day 1) | 4.03x | 4.37x | 0.63x |
Kratikal Tech FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY26 | 36.7 | 6.1 | 2.1 | -3.2 | 24.7% |
| FY25 | 20.9 | 3.8 | 4.6 | 0.3 | 26.4% |
| FY24 | 13.0 | 3.2 | 4.2 | 0.3 | 29.7% |
Kratikal Tech IPO SUBSCRIPTION STATUS DETAILS
Kratikal Tech had 2.9 M shares on offer
Kratikal Tech IPO offer price was in the range ₹128 - ₹135
Kratikal Tech IPO minimum Investment was ₹256000
Kratikal Tech IPO issue size was ₹ 376.3 M - ₹ 396.9 M
Kratikal Tech had a minimum lot size of 1000 Shares per application
Kratikal Tech NUMBER OF SHARES ON OFFER
Kratikal Tech IPO IMPORTANT DATES
| Issue Open Date | 30 Jun 2026 |
| Issue close Date | 02 Jul 2026 |
| Allotment Date | 03 Jul 2026 |
| Refund Date | 06 Jul 2026 |
| Demat Account Credit Date | 06 Jul 2026 |
| Listing Date | 07 Jul 2026 |
| Listing on Exchange(s) | BSE |
| Kratikal Tech Allotment Status | Exchange/ Registrar |
Kratikal Tech IPO subscription opened on 30 Jun 2026, and closed on 02 Jul 2026
IPO allotment for Kratikal Tech was finalized on Friday, 03 Jul 2026
IPO listing for Kratikal Tech was on BSE on Tuesday, 07 Jul 2026
Kratikal Tech IPO LISTING GAINS
| Issue Price (adjusted) | 135.0 |
| Listing Open Price | 192.0 |
| Listing Close Price | 182.4 |
| Listing Gain% | 42.2% |
| Current Gain% | 18.4% |
Kratikal Tech Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Kratikal Tech Ltd. | 159.8 | 177.4 | 28.9 | 0.5 | 4.8 | 25.6 | 20.4 | 36.9 | 74.6 | 6.1 | 56 | 5.5 | 56 |
| Tata Consultancy Services Ltd. | 2452.7 | 887408.3 | 17.8 | 16.7 | 3.2 | 45.9 | 27 | 271423 | 4.7 | 49210 | 1.4 | 137.6 | 1.1 |
| Infosys Ltd. | 1175.1 | 476862.2 | 15.7 | 1.4 | 2.6 | 31.7 | 18.9 | 182972 | 9.8 | 29440 | 10.2 | 74.6 | 11.1 |
| HCL Technologies Ltd. | 1356.6 | 368135.8 | 21.1 | 8 | 2.7 | 22.1 | 14.3 | 131674 | 10.2 | 16642 | -4.3 | 64.2 | 2.6 |
| Wipro Ltd. | 187.5 | 185737.1 | 14.1 | -7.8 | 2 | 15 | 9.3 | 96497.7 | 3.8 | 13197.4 | 0.5 | 13.3 | -1.8 |
| Tech Mahindra Ltd. | 1635 | 160243.9 | 31.2 | 2.4 | 2.7 | 16.2 | 9.7 | 56847.3 | 5.6 | 4810.9 | 13.2 | 52.4 | 13.1 |
Kratikal Tech INFORMATION ON IPO ISSUE
About Kratikal Tech
Kratikal Tech was incorporated on November 13, 2013. The company provides AI-driven, SaaS-based cybersecurity solutions through its proprietary platforms, complemented by cybersecurity and regulatory compliance services. Its integrated offerings help organizations reduce cyber risks, strengthen resilience, and enhance security across people, processes, and technology
Object of the Issue
- Investment in Threatcop FZ LLC, UAE and Threatcop AI Inc, USA (subsidiaries) for expenditure towards sales & marketing activities and development of workforce resources
- Investment in product development
- General corporate purposes
Kratikal Tech - PROMOTERS
| Name |
|---|
| Pavan Kumar |
| Paratosh Kumar |
| Dip Jung Thapa |
Kratikal Tech - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Pavan Kumar | Chairman, Managing Director & CEO |
| Paratosh Kumar | Whole-Time Director |
| Shubhi Kesarwani | Independent Director |
| Anand Ramanlal Karwa | Independent Director |
| Sanjeev Kumar Sinha | Independent Director |
Kratikal Tech Book Running Lead Manager
Beeline Capital Advisors Private Limited
mb@beelinemb.com
Kratikal Tech Registrar to the Offer
Kfin Technologies Limited
kratikal.ipo@kfintech.com
Kratikal Tech Strengths
People security management platform
The company offers an integrated People Security Management suite through its Threatcop platform, helping organisations strengthen cyber resilience by addressing human-related security risks through awareness training, phishing simulations, email security, and incident response solutions. Its solutions help mitigate threats such as phishing, business email compromise, social engineering attacks, credential theft, malware, ransomware, and domain impersonation
Diverse cybersecurity solutions
The company offers a comprehensive portfolio of cybersecurity solutions, including vulnerability assessments, penetration testing, cloud security reviews, compliance audits, and governance advisory services. Its integrated approach enables it to address both technical and regulatory security requirements, support diverse customer needs, and strengthen long-term client relationships through cross-selling opportunities
AI-driven technology platform
The company has developed AutoSecT, an AI-driven vulnerability management and penetration testing platform that automates security assessments across networks, cloud environments, applications, and digital assets. The platform enhances assessment accuracy, improves operational efficiency, and provides real-time visibility into cybersecurity risks through intelligent analytics and centralized reporting
Kratikal Tech Risks
Employee intensive industry
The company operates in a highly employee-intensive industry, making employee benefit expenses a significant component of its cost structure. Any increase in workforce costs, challenges in attracting or retaining skilled cybersecurity professionals, or inability to efficiently redeploy talent in line with evolving technologies and client requirements could adversely affect profitability and operational performance
Competition
The company operates in a highly competitive technology services industry characterized by rapid technological changes, evolving customer requirements, and intense competition from global IT firms, domestic service providers, and in-house technology teams. Increased competition, industry consolidation, or pricing pressure could reduce market share, impact client acquisition and retention, and adversely affect revenue growth and profitability
Regulatory risks
The company’s business depends on maintaining compliance with applicable cybersecurity, data protection, and industry regulations, as well as retaining key certifications, approvals, and empanelments. Any non-compliance, suspension, or loss of such credentials could restrict its ability to serve regulated sectors and adversely affect its business, financial condition, and results of operations
IPO FAQs
The promoters of the company are Pavan Kumar, Paratosh Kumar and Dip Jung Thapa.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 128.0 - 135.0.
The IPO application opens on Jun 30, 2026 and closes on Jul 02, 2026.
The minimum lot size for the IPO is 2000. The maximum lot size for the IPO is 2000.
For all category investors, the minimum application amount for this IPO is Rs. 256,000.0, the maximum value for this IPO is Rs 270,000.0.
This IPO will be allotted on Jul 03, 2026.
The refund will be credited to your account on Jul 06, 2026.
The allotted shares will be credited to your demat on Jul 06, 2026.
Kratikal Tech Ltd.’s shares listed on the stock exchanges on Jul 07, 2026.