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Kratikal Tech IPO

Kratikal Tech is one of the growing cybersecurity solutions companies that offers AI-driven, SaaS-based security solutions and integrated cybersecurity services. Kratikal Tech focuses on reducing cybersecurity risk by incorporating its proprietary cybersecurity platforms and service-driven solutions across people, process, and technology.

IPO GMP

+₹78

+57.78% expected gain

Price Band

₹128 - ₹135

Lot Size

2000 shares

Min Investment

₹2,70,000

Listing Date

July 7, 2026

About Kratikal Tech

Company overview, business, and key facts.

Kratikal Tech is one of the growing cybersecurity solutions companies that offers AI-driven, SaaS-based security solutions and integrated cybersecurity services. Kratikal Tech focuses on reducing cybersecurity risk by incorporating its proprietary cybersecurity platforms and service-driven solutions across people, process, and technology.

The firm helps businesses with its two segments: 1) People Security Management, which includes protecting businesses from cyber risks caused by human error, such as phishing, social engineering, and credential theft. 2) Technology and Process Security Services, which include protecting the organization’s IT systems and security processes with Vulnerability Assessment and Penetration Testing (VAPT), Governance, Risk and Compliance (GRC), and AI-driven Vulnerability Management. Its product range caters to a wide range of clients across BFSI, fintech, telecom, IT/ITES, healthcare, and manufacturing sectors, both domestic and international markets.

Headquarters

Noida, Uttar Pradesh

Website

https://kratikal.com/

IPO Details

Issue TypeBookbuilding Issue
Face Value₹10
Price Band₹128 - ₹135
Lot Size2000 shares
Total Issue Size₹40 Cr
Fresh Issue₹40 Cr
Offer for Sale—
Listing AtBSE SME

Subscription Status

How many times each investor category has bid for the issue.

Qualified Institutional (QIB)145.82x
Non-Institutional (NII)239.6x
Retail Individual (RII)214.79x
Total Subscription203.28x

Strengths & Risks

Strengths

  • Review: Neutral

Risks

    Financials

    Restated summary financials for the most recent periods.

    PeriodRevenueProfitAssets
    2024₹13.28₹3.20₹9.05
    2025₹21.15₹4.23₹15.58
    2026₹36.86₹6.14₹30.12

    Figures are indicative and restated for presentation.

    Kratikal Tech IPO Key Numbers

    Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.

    Revenue growth, 2026

    +74.3%

    66.6% a year over the period

    Profit growth, 2026

    +45.2%

    38.5% a year over the period

    Profit margin (PAT)

    16.7%

    EBITDA margin 24.73%

    ROE / ROCE

    34.95% / 34.35%

    As published in the offer document

    Issue mix

    100% fresh / 0% sale

    Fresh issue goes to the company, offer for sale to selling shareholders

    GMP-implied gain per lot

    ₹1,56,000

    2000 shares on ₹2,70,000. GMP is unofficial.

    What stands out

    • Healthy profit margin: PAT margin was 16.7% in 2026.
    • Profit grew 45.2% in 2026.

    Watch-outs

    • 1 use-of-proceeds item(s) have no disclosed amount.
    Listing price scenarios
    If the current GMP holds₹213.00+57.8%
    If the grey market premium disappears₹135.000%

    Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.

    Not yet available for this IPO: GMP history (fewer than 3 data points), post-IPO share count (market cap and P/E not computable), published risk factors.

    IPO Analysis SummaryAI-generated

    A plain-language review of Kratikal Tech's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.

    Kratikal Tech IPO Review

    Analysis based on live GMP, subscription, and issue details.

    As of today, Kratikal Tech IPO is trading at a grey market premium (GMP) of +₹78 (+57.78% estimated listing gain), indicating positive market sentiment.

    The IPO has been subscribed 203.28x overall — QIB: 145.82x, NII: 239.6x, Retail: 214.79x.

    Kratikal Tech IPO subscription has closed. The shares are expected to list on July 7, 2026.

    The minimum investment required is ₹2,70,000 for 2000 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.

    Key strengths include: Review: Neutral.

    Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.

    Kratikal Tech IPO — Frequently Asked Questions

    What is Kratikal Tech IPO GMP today?

    Kratikal Tech IPO GMP (grey market premium) today is +₹78, suggesting an estimated listing gain of +57.78%. GMP is indicative and subject to change.

    What is the price band of Kratikal Tech IPO?

    The price band for Kratikal Tech IPO is ₹128 - ₹135 with a lot size of 2000 shares. The minimum investment required is ₹2,70,000.

    When is Kratikal Tech IPO allotment date?

    Kratikal Tech IPO allotment is expected to be finalised on July 3, 2026. You can check your allotment status on the registrar's website (Kfin Technologies Ltd.) using your PAN number.

    When will Kratikal Tech IPO list on NSE/BSE?

    Kratikal Tech IPO is expected to list on BSE SME on July 7, 2026.

    How to check Kratikal Tech IPO allotment status?

    To check Kratikal Tech IPO allotment status, visit the registrar's website (Kfin Technologies Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.

    Should I apply for Kratikal Tech IPO?

    Kratikal Tech IPO is showing a strong GMP of +₹78 (+57.78%), indicating positive market sentiment for listing gains. However, GMP is informal and not a guarantee of returns. Evaluate the company's fundamentals, price band, and your own risk appetite before applying. IPOLyst is not a SEBI-registered investment advisor — please do your own research.

    What is the lot size of Kratikal Tech IPO?

    The lot size for Kratikal Tech IPO is 2000 shares per lot. The minimum investment for retail investors is ₹2,70,000. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.

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