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Kratikal Tech Ltd

Complete IPO details, including price band, financials, subscription status, and key insights.

Participate in the Kratikal Tech Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.

IPO Snapshot

Key metrics and details at a glance.

Price Band

₹135

Per Share

Lot Size

1000 Shares

Minimum Investment

₹1,35,000

Issue Size

₹39.69 Cr

Face Value

₹10

Per Share

IPO Type

Book Building - SME

Retail Quota

35.06%

QIB Quota

49.78%

NII Quota

15.16%

IPO Timeline

Important dates for your applying strategy.

IPO Opens30 Jun
IPO Closes2 Jul
Basis of Allotment3 Jul
Refund Initiation6 Jul
Shares Credited6 Jul
Listing Date7 Jul
IPO Process Completed

Subscription Status

Live demand across investor categories.

Track real-time subscription levels:

*Real-time data subject to exchange updates

Qualified Institutional Buyers (QIB)145.82x
Non-Institutional Investors (NII)239.92x
Retail Individual Investors (RII)218.48x
Overall Subscription205.08x

Kratikal Tech Ltd

Business model, operations, and market positioning.

Promoter Holding (Pre-Issue)

72.58%

Promoter Holding (Post-Issue)

53.35%

Issue Type

Book Building - SME

ISIN

INE1L0M01019

About the Company

Our Company is engaged in providing AI-driven, Software-as-a-Service-based cybersecurity solutions through its proprietary security software platform, supported by cybersecurity and regulatory compliance services, enabling enterprises to achieve measurable cyber risk reduction and enhanced resilience. Our People Security Management (PSM) capabilities are delivered through the proprietary Threatcop platform, which focuses on reducing human-related cyber risks, and are enhanced by technology and process security offerings delivered under the Kratikal brand. Together, these offerings provide integrated protection across the People Process-Technology stack, supporting organizations in proactively identifying, prioritizing, and mitigating cyber risks while strengthening their overall security posture in an increasingly threat environment.

Industry Overview

India's cybersecurity industry has witnessed strong and sustained growth, driven by accelerated digital transformation, technology modernization, and increasing cyber threats. Between 2020 and 2022, the surge in remote and hybrid work models significantly boosted the demand for robust cybersecurity solutions, particularly across public cloud services, which saw impressive doubledigit growth rates. Buoyed by this trend, the domestic cybersecurity market increased by an average annual growth rate of approximately 30% between 2020 and 2024. During this period the domestic cybersecurity market increased from USD 2.14 Bn in 2020 to an estimated USD 8.04 Bn in 2025. It is expected to reach USD 10.4 Bn by 2026.

Company History

Our Company was originally incorporated as "Kratikal Tech Private Limited" as a private limited company, under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated November 13, 2013 issued by the Registrar of Companies, Uttar Pradesh, having Corporate Identification Number U72900UP2013PTC060625. Subsequently, our Company was converted from a private limited company to public limited company pursuant to special resolution passed in the Extra-Ordinary General Meeting of the company held on September 09, 2025 and consequently the name of our Company was changed to "Kratikal Tech Limited" pursuant to Certificate of Incorporation Consequent upon conversion to public company dated September 23, 2025 issued by Assistant Registrar of Companies/ Deputy Registrar of Companies/ Registrar of Companies, Central Processing Centre having Corporate Identification Number U72900UP2013PLC060625.Furthermore, our Company changed its Main Object Clause pursuant to a resolution passed by the Shareholders in an Annual General Meeting held on September 30, 2025 vide Certificate of Registration of the Special Resolution Confirming Alteration of Object Clause(s) issued by Assistant Registrar of Companies/ Deputy Registrar of Companies/ Registrar of Companies, Central Processing Centre. Our Company's Corporate Identity Number consequent to Alteration of Object Clause(s) is U62099UP2013PLC060625.

Growth Strategy

  • Pursue International Growth Opportunities.
  • Strengthening our Workforce and Product Development Capabilities
  • Strengthen and Scale the AutoSecT Platform.
  • Land and Expand Approach.
  • Expand Enterprise and Mid-Market Customer Base.
  • Customer Satisfaction.

Financial Performance

Revenue, profit after tax and total assets across the last 3 reported financial years.

Consolidated figures
Financial Performance Categories

Revenue

+182%vs FY24

Amount in ₹ crore

13.0
20.9
36.7
FY24FY25FY26

Profit After Tax (PAT)

+86.3%vs FY24

Amount in ₹ crore

3.20
3.94
5.96
FY24FY25FY26

Total Assets

+233%vs FY24

Amount in ₹ crore

9.05
15.5
30.1
FY24FY25FY26

Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.

Objects of the Issue

How the company plans to utilize IPO proceeds.

Use of Proceeds

The funds raised through this IPO will be used for:

Initial public issue of 29,40,000 equity shares of face value of Rs. 10/- each of Kratikal Tech Limited ("KTL") or the "Company" or the "Issuer") for cash at a price of Rs. 135 per equity share including a share premium of Rs. 125 per equity share (the "Issue Price") aggregating to Rs. 39.69 Crores ("the Issue"), of which 1,50,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 135 per equity share including a share premium of Rs. 125 per equity share aggregating to Rs. 2.03 Crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Net issue of 27,90,000 equity shares of face value of Rs. 10/- each at a price of Rs. 135 per equity share including a share premium of Rs. 125 per equity share aggregating to Rs. 37.67 Crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.49% and 25.13% respectively, of the post issue paid up equity share capital of the company. Price Band: Rs. 135/- per equity share of face value of Rs. 10/- each. The floor price is 13.50 times of the face value. Bids can made for a minimum of 2,000 equity shares and in multiples of 1,000 equity shares thereafter.

*Subject to approvals and market conditions.

Strengths & Risks

Key competitive advantages and factors to consider before investing.

Strengths and Risk Factors
  • Complete People security management platform
  • Real-time DMARC with Sender ID Visibility.
  • Comprehensive Coverage Across Security Domains.
  • AI-Driven Technology Platform.
  • CERT-In Empanelment and Regulatory Authority.
  • The company Industry is highly employee intensive industry. Thus, Employees Benefit expenses constitute a major portion of its expenses. Such significant increase in this cost could lead to lower profitability.
  • The company business is subject to evolving laws regarding privacy, data protection and other related matters. Many of these laws are subject to change and could result in claims, changes to its business practices, monetary penalties, increased cost of operations, or declines in customer growth or engagement, which may harm the company business.
  • The company revenues is geographically concentrated with top six states contributing majority of the total revenue, and any adverse developments in these regions could adversely affect its business and financial performance.
  • The company has experienced negative cash flows in the past. Any such negative cash flows in the future could affect its business, results of operations and prospects.
  • If the company does not successfully anticipate market needs or develop and introduce new solutions that meet users' needs on a timely basis, its may not be able to compete effectively and the company revenue, reputation, financial conditions, results of operations and cash flows may be adversely affected.

Frequently Asked Questions

01

What is the minimum investment required to apply for this IPO?

The minimum investment depends on the lot size and the upper price band of the issue. Investors must apply for at least one lot, and the total investment amount is calculated by multiplying the lot size by the upper price band.
02

How is IPO allotment decided?

IPO allotment is determined based on demand and SEBI guidelines. If the IPO is oversubscribed in the retail category, allotment is typically done through a computerized lottery system to ensure fair distribution among eligible applicants.
03

When will I know if shares are allotted to me?

Allotment status is usually finalized a few days after the IPO closes. Once finalized, shares are either credited to your Demat account (if allotted) or the blocked funds are released back to your bank account.
04

Can I modify or cancel my IPO application?

Yes, you can modify or cancel your IPO application anytime before the IPO closing date. Changes can be made through your Alice Blue account, subject to exchange cut-off timings.
05

What happens if the IPO is oversubscribed?

If the IPO receives more applications than the number of shares available, it is considered oversubscribed. In such cases, allotment in the retail category is done on a proportionate or lottery basis, and not all applicants may receive shares.