About Kratikal Tech IPO
Kratikal Tech IPO Details
Kratikal Tech IPO is structured as a 100% book-built issue, comprising a fresh issue of up to 29,40,000 equity shares with a face value of ₹10 each. The company filed its DRHP with SEBI on December 31, 2025 and received approval on April 1, 2026.
The price band of the issue is set at ₹128 to ₹135 per share and the lot size for an application is 1,000 shares. The minimum amount of investment required by an individual investor is ₹2,70,000 (2,000 shares). The IPO will be open for subscription from June 30 to July 2, 2026, on the BSE SME platform with a tentative listing date fixed as July 7, 2026. The book-running lead manager of the issue is Beeline Capital Advisors Private Limited, while the registrar to the issue is KFin Technologies Limited.
Kratikal Tech IPO Date & Timeline
The Kratikal Tech IPO is officially set to open for subscription on Jun 30, 2026 and will close on Jul 2, 2026. The company initially filed its Draft Red Herring Prospectus (DRHP) on December 31, 2025 and has now finalized its schedule following SEBI approval. Once the subscription window closes, allotment is expected on Jul 3, 2026. Following this, the firm will initiate refunds and credit shares to successful investors' demat accounts on Jul 6, 2026. Finally, shares of Kratikal Tech Ltd. are tentatively scheduled to list on the stock exchanges on Jul 7, 2026.
Kratikal Tech IPO Timeline
| IPO Open Date | Tue, Jun 30, 2026 |
| IPO Close Date | Thu, Jul 2, 2026 |
| Tentative Allotment | Fri, Jul 3, 2026 |
| Initiation of Refunds | Mon, Jul 6, 2026 |
| Credit of Shares to Demat | Mon, Jul 6, 2026 |
| Tentative Listing Date | Tue, Jul 7, 2026 |
| Cut-off time for UPI mandate confirmation | - |
Kratikal Tech IPO Details
| Detail | Description |
|---|---|
| IPO Date | 30 Jun to 2 Jul, 2026 |
| Listing Date | 7 Jul, 2026 |
| Face Value | ₹ 10 per share |
| Issue Price Band | ₹ 128 to ₹ 135 |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 29,40,000 shares (agg. up to ₹ 40 Cr) |
| Reserved for Market Maker | 1,50,000 shares (agg. up to ₹ 2 Cr) Spread X Securities Pvt.Ltd. |
| 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) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 81,60,545 shares |
| Share Holding Post Issue | 1,11,60,545 shares |
Kratikal Tech IPO GMP (Grey Market Premium)
“Grey Market Premium” or GMP is defined as the rate at which the IPO's shares are traded in the market before they are officially listed on the stock exchange.
The Kratikal Tech IPO GMP is currently trading at ₹15, reflecting the sentiment of unofficial investors before the official listing. This premium suggests a potential listing price of ₹150, which is 11.11% above the issue price. While the Grey Market Premium is a key indicator of demand and investor appetite, it is important to remember that GMP is highly volatile and should not be the sole factor in your investment decisions.
Kratikal Tech GMP TREND (DAILY UPDATES)
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| 26 Jun 2026 | ₹135.00 | ₹13 | 26 Jun, 202609:52 AM |
| 25 Jun 2026 | ₹135.00 | ₹13 | 26 Jun, 202609:52 AM |
| 24 Jun 2026 | ₹135.00 | ₹15 | 26 Jun, 202609:52 AM |
| 23 Jun, 2026 | ₹135.00 | ₹14 | 26 Jun, 202609:52 AM |
Company Background
Kratikal Tech Ltd. was incorporated on November 13, 2013, as a private limited company in Uttar Pradesh; then on September 23, 2025, the company converted into a public limited company to proceed with its public listing debut. Within a decade of operations, the company has created a remarkable image in the market.
The company has mainly engaged in the AI-driven cybersecurity, where it is providing Software-as-a-services (SaaS)-based cyber risk management solution via its proprietary platform and consultant services. Currently, the company serves across various sectors such as BFSI, Fintech, Telecom, IT/ITES and so on in the Indian and international markets.
Operations & Product Range
The core operations of Kratikal Tech Ltd. revolve around providing robust IT-BPM solutions with a focused emphasis on the cybersecurity sector. Its product and service suite is designed to address the evolving security challenges faced by enterprises in the modern digital landscape. By offering specialized solutions, the company targets diverse business segments, ensuring that its clients can maintain operational integrity and data protection in an increasingly connected market.
Facilities & Capacity
Kratikal Tech Ltd. operates out of its registered and corporate office located in Noida, Uttar Pradesh. The infrastructure supports its primary service delivery model, which includes extensive cybersecurity assessment and management services. The company has received the highest revenue from Maharashtra, which is ₹6.42 crore (17.49%) in FY26. While the company has mentioned that the growth of its operation and project scaling is dependent on its IT infrastructure development and expansion.
Brands & Market Presence
Kratikal Tech Ltd. has established a distinct presence in the Indian cybersecurity market, backed by industry-standard certifications and a growing client base. The company’s focus on providing reliable security solutions has enabled it to build brand equity within the IT-BPM sector. Its market presence is further reinforced by its participation in complex cybersecurity projects, which highlight its technical capabilities and commitment to high-standard security frameworks.
Revenue Streams & Business Model
Kratikal Tech Ltd. generates revenue primarily through the provision of cybersecurity solutions and IT-BPM services. These services are delivered under various engagement models, including people security management, cybersecurity services & the AutoSec T platform, allowing the firm to secure recurring revenue streams from long-term contracts. The business model is structured to capture value by addressing the critical need for security compliance and risk mitigation, with revenue contribution spread across its various service lines and client segments.
Management & Shareholding
Kratikal Tech Ltd. is promoted by Mr. Pavan Kumar, Mr. Paratosh Kumar and Mr. Dip Jung Thapa. Before the IPO, the promoters held a 72.72% stake and the promoter group held a 0.31% stake in the company, while the public also holds a 27.42% stake in the company. But, after the IPO, the ownership of the shareholders in the company will be slightly diluted as the offering only includes a fresh issue of 29.40 lakh equity shares for the public.
Board & Key Management
The leadership of Kratikal Tech Ltd. is led by a team of experts with many years of experience. Mr. Pavan Kumar serves as the Chairman & Managing Director and gives strategic direction to the firm, with the daily operations, along with Whole-Time Director Mr. Paratosh Kumar. To ensure good governance, the board includes Independent Directors for honest oversight. Together, this team uses its knowledge to help the company grow and stay successful.
Kratikal Tech IPO Financial Information
Latest Revenue
6.48
₹ Crore
Profit After Tax
0.73
₹ Crore
Net Worth
12.54
₹ Crore
Total Borrowing
0.01
₹ Crore
| Period Ended | Assets | Total Income | Profit After Tax | Net Worth | Reserves & Surplus | Total Borrowing | |||
|---|---|---|---|---|---|---|---|---|---|
| 30 Jun 2025 | 16.89 | 6.48 | 0.73 | 12.54 | 12.51 | 0.01 | |||
| 31 Mar 2025 | 15.58 | 20.85 | 4.23 | 11.55 | 11.52 | 0.01 | |||
| 31 Mar 2024 | 9.05 | 13.02 | 3.2 | 6.56 | 6.53 | 0.03 | |||
| 31 Mar 2023 | 4.16 | 9.14 | -0.06 | 3.1 | 3.07 | 0.01 | |||
| Amount in ₹ Crore | |||||||||
Kratikal Tech Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 46.76% |
| ROCE | 45.73% |
| Debt/Equity | - |
| RoNW | 36.67% |
| PAT Margin | 20.30% |
| EBITDA Margin | 26.44% |
Kratikal Tech IPO Objectives
The company intended to utilise the Kratikal Tech IPO proceeds for strategic purposes:
- • Investment in its own subsidiaries’ sales & marketing activities and development in workforce resources.
- • Investment in its own product development.
- • General corporate purposes.
Kratikal Tech IPO Review
Kratikal Tech Ltd. is in a high-growth sector, as the businesses globally increase their spending on cybersecurity to combat sophisticated digital threats, Kratikal is positioned to capture this demand. Its operational focus on IT-BPM solutions provides a foundation for scaling its service offerings to a broader range of enterprise clients.
Financially, the company’s growth trajectory reflects its efforts to expand its market footprint and improve service delivery capabilities. For FY26, the company has reported a total income of ₹36.85 crore and PAT was at ₹6.14 crore with an EBITDA of ₹9.08 crore. Notably, the top 10 customers contributed ₹11.60 crore in FY26, which is 31.60% of the total revenue from operations.
However, investors must be aware of both sides of the company, from profit statements to potential risks. Certain risks, including the technical expertise of the leadership team and a specialised focus on security or the market competition, technology obsolescence and the ability to consistently scale operations in a regulated environment. Overall, the IPO shows a chance for investors to grow in a profitable sector, as cybersecurity has become a tready and major sector of any country.
Conclusion
Kratikal Tech IPO is an opportunity for inventors to invest in a growing company that provides an entry point into the cybersecurity sector, which remains a critical pillar of modern corporate infrastructure. By focusing on its core competencies and leveraging the funds raised for expansion and debt management, the company aims to enhance its competitive positioning. Also, the company aims to fund its own subsidiaries’ sales & marketing and development of workforce resources.
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Competitive Strengths
A comprehensive and specialised product suite, including proprietary tools such as Threatcop for Phishing Defence
Strong focus on regulatory compliance with the option to offer mandatory audits to RBI and IRDAI-regulated entities
Established organisation with a diverse client base in high-growth sectors such as BFSI and large-scale enterprises
Scalable business model with a high-margin consulting business and subscription-based product revenue
Download regulatory filings
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2000 | 270000 |
| Individual investors (Retail) (Max) | 2 | 2000 | 270000 |
| S-HNI (Min) | 3 | 3000 | 405000 |
| S-HNI (Max) | 7 | 7000 | 945000 |
| B-HNI (Min) | 8 | 8000 | 1080000 |