Kratikal Tech IPO: A Complete Guide for Investors

By Kaushik Brahmakshatriya

Published on 01 July 2026.

Kratikal Tech IPO

Kratikal Tech Limited, an AI-driven cybersecurity company, 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 (Chittorgarh) .

The company runs two core business lines — the Threatcop brand for people security management and the Kratikal brand for technology and process security services. With rising demand for cyber risk protection among Indian and global businesses, this SME IPO has drawn strong investor attention.

IPO Timeline and Key Dates

Price Band and Lot Size Details

Company Background

Kratikal Tech was incorporated on November 13, 2013, as a private limited company in Uttar Pradesh, and converted into a public limited company on September 23, 2025 (Indiaipo) ahead of its stock market debut. The firm serves clients across BFSI, fintech, telecom and IT/ITES sectors, protecting businesses from human-driven cyber risks like phishing and social engineering, alongside technical vulnerability testig services.

Financial Performance

Kratikal Tech has shown consistent growth over recent years. Total income increased from Rs. 9.32 crore in FY2023 to Rs. 21.15 crore in FY2025 (Chanakya) , while profitability also improved sharply during the same period. For the latest fiscal year, the company reported revenue of Rs 36.72 crore and a profit after tax of Rs 6.14 crore

Objective of the Issue

The company plans to channel IPO proceeds into international expansion. The IPO proceeds will be used for investments in its subsidiaries – Threatcop FZ LLC, UAE, and Threatcop AI Inc, USA – towards sales and marketing activities and workforce expansion, besides funding product development and meeting general corporate requirements .

Strengths and Risk Factors

Kratikal Tech operates in a fast-growing niche with healthy margins. However, as an SME-listed stock, it carries certain risks. The company is almost debt-free, which is a major positive, though the company is still small in absolute size and investors should wait for clarity on valuation and market cap; SME technology stocks can also remain volatile after listing (Chanakya) . Additionally, cybersecurity remains a highly competitive space dominated by larger global players, so execution of the international expansion plan will be a key factor to track post-listing.

Grey Market Premium (GMP) Trend

As of the latest update, Kratikal Tech IPO GMP today is ₹18 (IPO Ji) , suggesting a modest listing premium over the upper price band, though GMP figures are unofficial market indicators and can change quickly before listing.

Frequently Asked Questions (FAQs)

Q1. What is the price band of Kratikal Tech IPO?

The price band is fixed at ₹128 to ₹135 per equity share.

Q2. When does Kratikal Tech IPO open and close?

The IPO opens on June 30, 2026, and closes on July 2, 2026.

Q3. What is the minimum investment required?

Retail investors need a minimum of ₹2,70,000, covering two lots of 1,000 shares each.

Q4. When will Kratikal Tech IPO list on the stock exchange?

The tentative listing date is July 7, 2026, on the BSE SME platform.

Q5. What business does Kratikal Tech operate?

It provides AI-driven, SaaS-based cybersecurity solutions, including vulnerability assessments, penetration testing and people-security training through its Threatcop platform.

Q6. Is Kratikal Tech IPO good for long-term investment?

The company shows strong revenue growth, healthy margins and low debt, but being an SME stock, it carries higher volatility, so investors should evaluate subscription demand and valuation before applying.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Please consult a registered financial advisor before making IPO investment decisions.