Kratikal Tech SME IPO
Kratikal Tech IPO — date, price band, GMP & allotment 2026
Kratikal Tech is a cybersecurity-focused technology company established to provide advanced digital security solutions for enterprises and government organisations. The company operates a service-driven business model, offering vulnerability assessment, penetration testing, security audits, compliance consulting and cyber risk management solutions. Through its expertise in information security and threat detection, it serves clients across multiple industries. The company has a growing presence across India and selected international markets.
Stock price
Kratikal Tech is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 22 September.
- Open 30 Jun 2026
- Close 02 Jul 2026
- Allotment 03 Jul 2026
- Refund/credit 06 Jul 2026
- Listing 07 Jul 2026
Issue summary
The terms of the offer, as filed.
| IPO Dates | 30 Jun to 2 Jul, 2026 |
|---|---|
| Price Band | ₹128 – ₹135 |
| Face Value | ₹10 |
| Lot Size | 1000 Shares |
| Issue Size | ₹39.69 Cr |
| Sale Type | Fresh capital only |
| Listing On | BSE SME |
| Registrar | KFin Technologies Limited |
| Min Investment | ₹ 2,70,000 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 1000 shares at the ₹135 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 2 | 2,000 | ₹2,70,000 |
| Retail (max) | 2 | 2,000 | ₹2,70,000 |
| HNI (min) | 3 | 3,000 | ₹4,05,000 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 5
- 01Growing demand for cybersecurity services across industries.
- 02Strong expertise in vulnerability assessment and penetration testing.
- 03Asset-light and scalable service-based business model.
- 04Diverse client base including enterprises and government bodies.
- 05Increasing focus on digital transformation supports long-term growth.
Risks · 5
- 01Highly competitive cybersecurity industry.
- 02Dependence on skilled cybersecurity professionals.
- 03Rapid technological changes may require continuous investments.
- 04Client concentration risk from large contracts.
- 05Exposure to data breaches and reputational risks.
Three years of numbers
All figures in ₹ crore, as reported in the Kratikal Tech offer document.
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 30.12 | 15.58 | 9.05 |
| Total Income | 36.86 | 21.15 | 13.28 |
| Profit After Tax | 6.14 | 3.81 | 3.20 |
| EBITDA | 9.08 | 5.51 | 3.87 |
| NET Worth | 24.02 | 11.13 | 6.56 |
| Reserves and Surplus | 15.86 | 11.10 | 6.53 |
| Total Borrowing | 0.01 | 0.01 | 0.03 |
See how this IPO compares — view listing performance of all SME IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Kratikal Tech RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Kratikal Tech IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Post-Issue |
|---|---|
| EPS (₹) | ₹5.53 |
| P/E Ratio (x) | 24.40 |
| Market Cap at Offer Price (₹ Cr) | ₹149.89 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹135 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹39.69 Cr of the issue is earmarked to named objects.
About the company
The company offers vulnerability assessment, penetration testing, cloud security, security audits and compliance consulting services. Kratikal Tech follows a service-oriented business model that generates revenue through long-term enterprise contracts and specialised cybersecurity engagements. The company is promoted by experienced professionals from the technology and cybersecurity sector who focus on innovation, digital trust and secure business operations.
Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.
+91 9220841199
The bankers & the filings
Who is running the book, and the documents this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Beeline Capital Advisors Pvt. Ltd.
3 issues handled (1 mainboard, 2 SME)2 of their issues have listed so far, and 1 opened above the issue price (average +3.1%). That is too small a sample to read as a hit rate.
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Kratikal Tech?
The current Grey Market Premium is ₹78, or 57.8% over the issue price.
What is the Kratikal Tech IPO price band?
₹128 to ₹135, on a face value of ₹10.
When is the allotment?
The basis of allotment is 3 July 2026, with listing on 7 July 2026.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — KFin Technologies Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
