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| Saurabh Jain of Beeline Capital Advisors, Pavan Kumar, Paratosh Kumar, Dip Jung Thapa and Vinay Singh of Kratikal Tech Limited |
Mumbai, June 23, 2026 – Cybersecurity SaaS provider Kratikal Tech Limited is set to launch its Initial Public Offering (IPO) on June 30, 2026, with plans to raise up to ₹39.69 crore at the upper end of the price band. The issue will be listed on the BSE SME platform.
The IPO comprises 29,40,000 equity shares of face value ₹10 each, offered in a price band of ₹128–₹135 per share. Investors can bid in lots of 1,000 shares. The anchor portion opens on June 29, followed by the public issue from June 30 to July 2, 2026.
Allocation details include up to 8,31,000 shares for QIB anchor investors, not more than 5,58,000 for Qualified Institutional Buyers, at least 4,23,000 for Non-Institutional Investors, 9,78,000 for Individual Investors, and 1,50,000 for the Market Maker.
Proceeds from the IPO will be used to fund investments in subsidiaries Threatcop FZ LLC (UAE) and Threatcop AI Inc (USA), focusing on sales and marketing, workforce expansion, product development, and general corporate purposes.
Speaking about the offering, Pavan Kumar, Chairman, Managing Director & CEO, said: “The cybersecurity landscape is evolving rapidly, and organizations today require intelligent, proactive, and comprehensive solutions to safeguard their people, processes, and technology. The launch of our IPO represents a significant milestone in our journey and reflects the confidence we have in our business model, technology capabilities, and growth prospects.”
AI-Powered Cybersecurity Across People, Process & Technology
Founded as an AI-driven cybersecurity company, Kratikal Tech serves more than 677 clients with a team of 200 professionals. Its dual-layered approach combines People Security Management through the Threatcop platform, which trains employees against phishing and other human-centric risks, and Technology & Process Security under the Kratikal brand, offering defense for enterprise technology stacks.
In FY26, the company reported ₹3,671.59 lakh in revenue, ₹908.08 lakh EBITDA, and ₹614.25 lakh PAT, underscoring its growth trajectory.
Kratikal Tech’s IPO aligns with the maturing SME IPO ecosystem, where cybersecurity is a high-demand sector amid global digital transformation. Its strong financials, differentiated AI-driven platform, and international expansion plans could appeal to investors seeking fundamentally strong, scalable businesses. However, given the correction trend in SME IPOs, investors will likely scrutinize Kratikal’s governance, earnings sustainability, and ability to deliver on global growth ambitions.
The IPO is being managed by Beeline Capital Advisors Pvt. Ltd., with KFin Technologies Ltd. as registrar.