Bookbuilding IPO | ₹40 Cr | Listed at BSE SME | Tue, Jun 30, 2026 - Thu, Jul 2, 2026
Kratikal Tech IPO is a book build issue of ₹39.69 crores. The issue is entirely a fresh issue of 0.29 crore shares of ₹39.69 crore.
Kratikal Tech IPO bidding started from Jun 30, 2026 and ended on Jul 2, 2026. The allotment for Kratikal Tech IPO was finalized on Jul 3, 2026. The shares got listed on the BSE SME on Jul 7, 2026.
Kratikal Tech IPO is set final issue price at ₹135 per share. The lot size for an application is 1,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,70,000 (2,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,000 shares), amounting to ₹4,05,000.
Beeline Capital Advisors Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company is Spread X Securities Pvt.Ltd.
Refer to Kratikal Tech IPO RHP for detailed Information.
IPO Open
Tue, Jun 30, 2026
IPO Close
Thu, Jul 2, 2026
Issue Price
₹135 per share
Market Cap (Pre-IPO)
₹149.86 Cr
| IPO Date | 30 Jun to 2 Jul, 2026 |
| Listed on | Tue, Jul 7, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹128 to ₹135 |
| Issue Price | ₹135 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 29,40,000 shares (agg. up to ₹40 Cr) |
| Reserved for Market Maker | 1,50,000 shares Spread X Securities Pvt.Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 27,90,000 shares (agg. up to ₹38 Cr) |
| Net Offered to Public | 27,90,000 shares (agg. up to ₹38 Cr) |
| Share Holding Pre Issue | 81,60,545 shares |
| Share Holding Post Issue | 1,11,00,545 shares |
| BSE Script Code | 544811 |
| ISIN | INE1L0M01019 |
Kratikal Tech IPO comprises a total issue size of 29,40,000 shares. The net offer to the public is 27,90,000 shares, after excluding 1,50,000 shares allotted on a firm basis. Of the Net offer 13,89,000 (49.78%) are allocated to QIB, 4,23,000 (15.16%) allocated to NII 9,78,000 (35.05%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 13,89,000 | 49.78% | 47.24% |
| − Anchor Investor Shares Offered | 8,31,000 | 28.27% | |
| − QIB (Ex. Anchor) Shares Offered | 5,58,000 | 18.98% | |
| NII (HNI) Shares Offered | 4,23,000 | 15.16% | 14.39% |
| − bNII > ₹10L | 2,82,000 | 9.59% | |
| − sNII < ₹10L | 1,41,000 | 4.80% | |
| Retail Shares Offered | 9,78,000 | 35.05% | 33.27% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,50,000 | 5.10% | |
| Total Shares Offered | 29,40,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2,000 | ₹2,70,000 |
| Individual investors (IND) (Max) | 2 | 2,000 | ₹2,70,000 |
| S-HNI (Min) | 3 | 3,000 | ₹4,05,000 |
| S-HNI (Max) | 7 | 7,000 | ₹9,45,000 |
| B-HNI (Min) | 8 | 8,000 | ₹10,80,000 |
Kratikal Tech IPO raises ₹11.22 crore from anchor investors. Kratikal Tech IPO Anchor bid date is June 29, 2026.
📝 Anchor Investors Letter (PDF)
| Bid Date | Mon, Jun 29, 2026 |
| Shares Offered | 8,31,000 |
| Anchor Portion (₹ Cr.) | 11.22 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sun, Aug 2, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | Thu, Oct 1, 2026 |
Incorporated in November 2013, Kratikal Tech Limited is an AI-driven cybersecurity company providing Software-as-a-Service (SaaS)-based cyber risk management solutions through its proprietary platforms and cybersecurity consulting services. The company operates across two integrated business segments: People Security Management (PSM) solutions under the Threatcop brand and Technology & Process Security Services under the Kratikal brand.
Its product portfolio includes Threatcop, a people security management suite focused on reducing human-related cyber risks, and AutoSecT, an AI-powered Vulnerability Management, Detection & Response (VMDR) and penetration testing platform. The company also offers vulnerability assessments, penetration testing (VAPT), red-team exercises, application and infrastructure security testing, governance, risk & compliance (GRC) services, virtual CISO (vCISO) services, and cybersecurity awareness programs.
Kratikal serves customers across sectors such as BFSI, fintech, telecom, IT/ITES, healthcare, pharmaceuticals, manufacturing, and e-commerce in India and international markets. The company is a CERT-In Empanelled Security Auditor and is also empanelled by NSE for conducting system audits of trading members.
As of March 31, 2026, the company had 200 employees across management, operations, engineering, sales, finance, and administration functions.
Key Strengths
Kratikal Tech Ltd.'s revenue increased by 74% and profit after tax (PAT) rose by 61% between the financial year ending with March 31, 2026 and March 31, 2025.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 30.12 | 15.58 | 9.05 |
| Total Income | 36.86 | 21.15 | 13.28 |
| Profit After Tax | 6.14 | 3.81 | 3.20 |
| EBITDA | 9.08 | 5.51 | 3.87 |
| NET Worth | 24.02 | 11.13 | 6.56 |
| Reserves and Surplus | 15.86 | 11.10 | 6.53 |
| Total Borrowing | 0.01 | 0.01 | 0.03 |
| Amount in ₹ Crore | |||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Genxai Analytics Ltd. | SME | ₹54.66 Cr | ₹116 | 23.41 | ₹97.40 | -16.03% | ₹84.60 (-4.35%) |
| Methodhub Software Ltd. | SME | ₹102.49 Cr | ₹194 | 24.19 | ₹162.90 | -16.03% | ₹89.00 (+1.89%) |
| Logiciel Solutions Ltd. | SME | ₹39.90 Cr | ₹193 | 20.35 | ₹146.70 | -23.99% | ₹34.15 (+4.75%) |
| Workmates Core2Cloud Solution Ltd. | SME | ₹69.84 Cr | ₹204 | 14.66 | ₹368.25 | +80.51% | ₹297.55 (+2.25%) |
| Austere Systems Ltd. | SME | ₹15.57 Cr | ₹55 | 10.48 | ₹79.32 | +44.22% | ₹43.28 (+0.65%) |
| CSM Technologies Ltd. | Mainboard | ₹145.78 Cr | ₹113 | 31.05 | ₹107.35 | -5.00% | ₹100.31 (-1.09%) |
| Fractal Analytics Ltd. | Mainboard | ₹2,833.90 Cr | ₹900 | 65.5 | ₹847.15 | -5.87% | ₹847.55 (+0.75%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in Threatcop FZ LLC, UAE and Threatcop AI Inc, USA (subsidiaries) for expenditure towards sales & marketing activities and development of workforce resources. | 23.08 |
| 2 | Investment in Product Development | 9.23 |
| 3 | General Corporate Purposes | 2.72 |
| 4 | Issue Expenses | 4.66 |
| Total | 39.69 |
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 34.95% |
| ROCE | 34.35% |
| Debt/Equity | 0.00 |
| RoNW | 25.57% |
| PAT Margin | 16.73% |
| EBITDA Margin | 24.73% |
| Price to Book Value | 4.59 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 7.53 | 5.53 |
| P/E (x) | 17.94 | 24.4 |
| Promoter Holding | 72.58% | 53.36% |
| Market Cap | ₹149.86 Cr. |
The Kratikal Tech IPO is subscribed 220.71 times on July 2, 2026 6:54:49 PM (Day 3). The public issue subscribed 218.48 times in the individual investors category, 145.82 times in the QIB category, and 324.64 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| QIB (Ex Anchor) | 145.82 | 5,58,000 | 8,13,69,000 | 0 |
| NII* | 324.64 | 4,23,000 | 13,73,23,000 | 0 |
| bNII (> ₹10L) | 375.29 | 2,82,000 | 10,58,33,000 | |
| sNII (< ₹10L) | 223.33 | 1,41,000 | 3,14,90,000 | |
| Individual Investor | 218.48 | 9,78,000 | 21,36,76,000 | 0 |
| Total | 220.71 | 19,59,000 | 43,23,68,000 | 1,30,220 |
Total Applications: 1,30,220
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to Book Running Lead Manager (inclusive of underwriting commission, brokerage and selling commission) | 3.53 |
| 2 | Commission/processing fee for SCSBs, Sponsor Bank and Bankers to the Issue. Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 0.01 |
| 3 | Fees payable to the Registrar to the Issue | 0.01 |
| 4 | Others including but not limited to: Fees payable to legal counsel; | 0.05 |
| 5 | Fees Payable to Regulators including Stock Exchange and other Intermediaries | 0.13 |
| 6 | Printing and distribution of stationery; | 0.02 |
| 7 | Advertising and marketing expenses; | 0.55 |
| 8 | Fees payable to Peer Review Auditor, Independent Chartered Engineer, practicing Company Secretary, Cost vetting agency, or any other Professional and fees payable for Financial Due diligence and Secretarial Work | 0.13 |
| 9 | Fees Payable to Market Maker (for Three Years) | 0.12 |
| 10 | Fees payable to the auditor | 0.08 |
| 11 | Fees payable to other advisors to the Issue, including but not limited to professional service provider, industry service provider | 0.04 |
| Total | 4.66 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹135.00 |
| Open | ₹192.00 |
| Low | ₹182.40 |
| High | ₹199.00 |
| Last Trade | ₹182.40 |
Lead Manager Reports
Kratikal Tech IPO is a SME IPO of 29,40,000 equity shares of the face value of ₹10 aggregating up to ₹40 Crores. The issue is priced at ₹135 per share. The minimum order quantity is 1000.
The IPO opens on Tue, Jun 30, 2026, and closes on Thu, Jul 2, 2026.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Kratikal Tech IPO using UPI as a payment gateway. Zerodha customers can apply in Kratikal Tech IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Kratikal Tech IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Kratikal Tech IPO opens on Tue, Jun 30, 2026 and closes on Thu, Jul 2, 2026.
Kratikal Tech IPO lot size is 1000, and the minimum amount required for application is ₹2,70,000, with 2 lots being the minimum application size.
You can apply in Kratikal Tech IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Kratikal Tech IPO will be done on Friday, July 3, 2026, and the allotted shares will be credited to your demat account by Mon, Jul 6, 2026. Check the Kratikal Tech IPO allotment status.
The Kratikal Tech IPO listing date is on Tue, Jul 7, 2026.
