Kratikal Tech Ltd (BSE SME)

Incorporated in 2013 and headquartered in Noida, Uttar Pradesh, Kratikal Tech Limited is an AI-driven, Software-as-a-Service (SaaS) based cybersecurity solutions provider. The company focuses on reducing cyber risks and enhancing corporate digital resilience through an integrated mix of proprietary security software platforms, compliance auditing, and tech-process security assessments. It serves over 638 corporate clients globally across diverse domains like BFSI, telecom, health-tech, and e-commerce.

Business Verticals

• AI-Driven People Security Management: Delivered through its flagship proprietary platform Threatcop, which simulates real-world cyber risks (like phishing) to train, evaluate, and enhance the security posture of an enterprise workforce.

• Technology & Process Security Services: Offering comprehensive automated and manual Vulnerability Assessment and Penetration Testing (VAPT) across cloud, APIs, mobile applications, and networks. This division also deploys AutoSecT, an AI-powered Vulnerability Management, Detection & Response platform.

• Governance, Risk & Compliance (GRC): Conducting standard regulatory audits and compliance readiness for framework benchmarks like ISO 27001, SOC 2, and PCI-DSS. The company is notably a CERT-In empanelled security auditor and an NSE-empanelled system auditor.

Track Record

• Financial Scale: The business has established a profitable technology model, reporting a total operational revenue of ₹20.85 Cr for the fiscal year ended March 31, 2025.

• Profitability: For the full fiscal cycle ending March 2025, the company posted a healthy EBITDA of ₹5.51 Cr and generated a net profit (PAT) of ₹4.23 Cr.

• Global Footprint: Has expanded operational reach far beyond the domestic market, building dedicated strategic subsidiaries across international trade channels like Threatcop FZ LLC (UAE) and Threatcop AI Inc (USA).

Kratikal Tech Ltd IPO GMP

As of June 23, 2026, the Grey Market Premium (GMP) is currently ₹0.

Note: Because the public subscription window officially opens next week on June 30, initial grey market trading indicators are starting flat. Given the company's dual-track SaaS billing model and its high-margin niche, subscription interest is anticipated to scale closer to the bidding dates.

Kratikal Tech Ltd IPO Allotment Status

The allotment is scheduled to be finalized on July 03, 2026.

Check Kratikal Tech Allotment Status

To check your status online, visit the official exchange tracking systems or monitor updates on the assigned registrar's portal: KFin Technologies IPO Status Portal

You can verify your status via:

• Registrar's website (KFin Technologies Limited)

• BSE official SME portal

• Using your PAN number, Application ID, or DP ID/Client ID

Strengths

• Niche SaaS Business Layout: Operates a highly scalable subscription model powered by proprietary platforms like Threatcop and AutoSecT, supporting strong gross recurring revenues.

• Regulatory Depth & Empanelments: Holding rare accreditations like CERT-In empanelment and NSE systems audit approval gives the firm a massive competitive advantage when securing government and banking contracts.

• Diverse Sectoral Base: Insulated from sector-specific slow-downs, providing services to more than 650 global brands across fintech, telecom, healthcare, and infrastructure.

Weaknesses

• High Human Capital Cost: Cybersecurity and custom software penetration testing require elite technical talent. Employee benefit expenses constitute a major portion of operational outflows, meaning wage inflation can strain margins.

• Geographical Revenue Concentration: A substantial part of its domestic revenues remains concentrated across limited state parameters, rendering operations vulnerable to localized macro shifts.

• Historical Loss Records: The company registered financial losses in prior cycles (specifically FY23), meaning forward margins remain highly dependent on keeping continuous tech-license updates running seamlessly.

How the Company Will Use IPO Money

The fresh issue proceeds will be utilized for:

• Global Market Expansion: Investing directly in international subsidiaries (UAE & USA) to scale sales networks, boost local marketing initiatives, and grow technical workforces overseas.

• Product Development: Funding core R&D pipelines to update threat intelligence models and scale AI processing engines.

• General Corporate Purposes: Meeting regular general administrative outlays and corporate public listing expenses.

Lead Manager & Registrar

• Book Running Lead Manager: Beeline Capital Advisors Private Limited

• Market Maker: Spread X Securities Private Limited

• Registrar: KFin Technologies Limited

  Phone: 040-67162222

  Email: kratikal.ipo@kfintech.com