Kratikal Tech IPO
IT - Software • ₹39.69 Cr
Medium risk because:
- 5 material risk factors disclosed in DRHP
- SME listing with thinner post-listing liquidity
- The company is heavily dependent on its workforce, with employee benefit expenses accounti…
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹135
Lot Size
1000 shares
Issue Size
₹39.69 Cr
Open
30 Jun 2026
Close
02 Jul 2026
Subscription
203×
IPO Schedule
| Issue Open Date | 30 Jun 2026 |
| Issue Close Date | 02 Jul 2026 |
| Allotment Date | 03 Jul 2026 |
| Listing Date | 06 Jul 2026 |
About Kratikal Tech
Kratikal Tech Limited is a cybersecurity company that provides AI-driven software-as-a-service (SaaS) security solutions, along with cybersecurity and regulatory compliance services. The company operates through two business segments: AI-driven people security management solutions offered under the Threatcop brand, and technology and process security services offered under the Kratikal brand. Its product portfolio includes Threatcop, a people security management suite, and AutoSecT, an AI-driven vulnerability management, detection, and response (VMDR) and penetration testing platform. The company also provides services such as vulnerability assessment and penetration testing (VAPT), application and infrastructure security, red-team exercises, governance, risk and compliance (GRC) services, secure code reviews, and virtual CISO services. Kratikal serves customers across sectors, including BFSI, fintech, telecom, IT/ITeS, healthcare, pharmaceuticals, e-commerce, and manufacturing in India and overseas markets. The company operates from India and is a CERT-In empanelled security auditor as well as an NSE-empanelled system auditor. Use of proceeds: This is a fresh issue of shares. Therefore, the net proceeds from the fresh issue will go to the company. They will be utilised for the following purposes: Investment in Threatcop FZ LLC, UAE, and Threatcop AI Inc, USA (subsidiaries), for sales & marketing activities and development of workforce resources - Rs 23.08 crore Investment in product development - Rs 9.23 crore General corporate purposes
Company Details
Founders / Promoters
Mr. Pavan Kumar
Founded
2013
Registrar
KFin Technologies Ltd
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Investment Analysis
Kratikal Tech — IPOFins Verdict
QuantitativeDriven by QIB demand at 145.8x and moderate disclosed risk (5/10), Kratikal Tech listed at a premium of 42.2% to its issue price. SME listings are also thinner and more volatile after listing. The signals lean constructive — still confirm valuation against listed peers and read the DRHP before applying beyond one lot.
- The company claims to have developed an integrated people security management platform under the Threatcop brand. The platform combines security awareness training, phishing simulations, learning mana
- Kratikal Tech offers a real-time DMARC platform with Sender ID visibility, which helps organisations monitor email authentication and identify unauthorised or suspicious senders. This capability can a
- The company claims to provide cybersecurity solutions across multiple security domains, including network, cloud, web application, mobile application, API, and infrastructure security. In addition to
- The company has developed AutoSecT, an AI-driven vulnerability management, detection, and response (VMDR) and penetration testing platform. According to the company, the platform automates asset disco
- Kratikal Tech is empanelled with the Indian Computer Emergency Response Team (CERT-In), which enables it to undertake cybersecurity audits and compliance-driven engagements for regulated sectors. The
Score breakdown — what drove this verdict
Moderate risk from DRHP → score +0.0
Institutional subscription → score +2.0
Strong retail interest → score +0.5
Actual listing outcome → score +1.5
SME IPOs have lower liquidity after listing → score −0.5
Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →
IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.
Listing Performance
Issue Price
₹135
Listing Price
₹192
Listing Gain/Loss
+42.22%
Listing Date
06 Jul 2026
Price Since Listing
Returns are measured against the ₹135 issue price.
Listing
₹192
+42.2%
1 Week
₹185
+37.0%
Current
₹160.5
+18.9%
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FAQ
What is the price band of Kratikal Tech IPO?
The price band is ₹135 per share with a lot size of 1000 shares. Minimum investment: ₹1,35,000.
What does Kratikal Tech do?
Kratikal Tech Limited is a cybersecurity company that provides AI-driven software-as-a-service (SaaS) security solutions, along with cybersecurity and regulatory compliance services. The company operates through two business segments: AI-driven people security management solutions offered under the Threatcop brand, and technology and process security services offered under the Kratikal brand. Its product portfolio includes Threatcop, a people security management suite, and AutoSecT, an AI-driven vulnerability management, detection, and response (VMDR) and penetration testing platform. The company also provides services such as vulnerability assessment and penetration testing (VAPT), application and infrastructure security, red-team exercises, governance, risk and compliance (GRC) services, secure code reviews, and virtual CISO services. Kratikal serves customers across sectors, including BFSI, fintech, telecom, IT/ITeS, healthcare, pharmaceuticals, e-commerce, and manufacturing in India and overseas markets. The company operates from India and is a CERT-In empanelled security auditor as well as an NSE-empanelled system auditor. Use of proceeds: This is a fresh issue of shares. Therefore, the net proceeds from the fresh issue will go to the company. They will be utilised for the following purposes: Investment in Threatcop FZ LLC, UAE, and Threatcop AI Inc, USA (subsidiaries), for sales & marketing activities and development of workforce resources - Rs 23.08 crore Investment in product development - Rs 9.23 crore General corporate purposes
Should I apply for Kratikal Tech IPO?
Kratikal Tech listed at ₹192 (+42.2% premium to the ₹135 issue price) after 203.3x subscription. IPOFins Score 9/10: Driven by QIB demand at 145.8x and moderate disclosed risk (5/10), Kratikal Tech listed at a premium of 42.2% to its issue price. SME listings are also thinner and more volatile after listing. The signals lean constructive — still confirm valuation against listed peers and read the DRHP before applying beyond one lot.
Who founded Kratikal Tech?
Kratikal Tech was founded by Mr. Pavan Kumar in 2013.