Kratikal Tech IPO
Kratikal Tech LtdSME
This IPO has listed.
- Open date
- 30 Jun 2026
- Close date
- 2 Jul 2026
- Min. Investment
- ₹2,70,000
- Lot Size
- -
- Fresh Issue
- ₹39.69 Cr
- Price Range
- -
- Face Value
- -
- IPO Document
- -
Subscription rate
- Qualified Institutional Buyers145.82x
- Non-Institutional Investors239.92x
- Retail-Individual Investors218.48x
- Total205.08x
Schedule
- Completed: IPO open date30 Jun 2026
- Completed: IPO close date2 Jul 2026
- Completed: Allotment date3 Jul 2026
- Completed: Funds unblock or debit6 Jul 2026
- Completed: Tentative listing date7 Jul 2026
About
Promoter shareholding in Kratikal Tech Ltd, before and after the issue.
| Promoter | Pre-issue shares | Pre-issue % | Post-issue shares | Post-issue % |
|---|---|---|---|---|
| Pavan Kumar | 36,13,813 | 44.28% | 36,13,813 | 32.56% |
| Paratosh Kumar | 16,05,271 | 19.67% | 16,05,271 | 14.46% |
| Dip Jung Thapa | 6,78,863 | 8.32% | 6,78,863 | 6.12% |
| Lakhendra Kushwah | 16,000 | 0.20% | 16,000 | 0.14% |
| Akash Kumar Bansal | 8,800 | 0.11% | 8,800 | 0.08% |
Financials of Kratikal Tech IPO
| Key Performance Indicators | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Operating Revenue | - | - | - |
| Other Income | - | - | - |
| Total Income | 13.02 | 20.85 | 36.72 |
| Total Expenses | 9.35 | 15.88 | 28.58 |
| Profit Before Tax | - | - | - |
| Total Profit | 3.20 | 3.94 | 5.96 |
Kratikal Tech IPO Strengths & Risks
- Complete People security management platform
- Real-time DMARC with Sender ID Visibility.
- Comprehensive Coverage Across Security Domains.
- AI-Driven Technology Platform.
- CERT-In Empanelment and Regulatory Authority.
- Experienced Management and Technical Teams.
- Risks Relating to the Business: The company Industry is highly employee intensive industry. Thus, Employees Benefit expenses constitute a major portion of its expenses. Such significant increase in this cost could lead to lower profitability.
- Risks Relating to the Business: The company business is subject to evolving laws regarding privacy, data protection and other related matters. Many of these laws are subject to change and could result in claims, changes to its business practices, monetary penalties, increased cost of operations, or declines in customer growth or engagement, which may harm the company business.
- Risks Relating to the Business: The company revenues is geographically concentrated with top six states contributing majority of the total revenue, and any adverse developments in these regions could adversely affect its business and financial performance.
- Risks Relating to the Business: The company has experienced negative cash flows in the past. Any such negative cash flows in the future could affect its business, results of operations and prospects.
- Risks Relating to the Business: If the company does not successfully anticipate market needs or develop and introduce new solutions that meet users' needs on a timely basis, its may not be able to compete effectively and the company revenue, reputation, financial conditions, results of operations and cash flows may be adversely affected.
- Risks Relating to the Business: The company pricing structures does not accurately anticipate the cost and complexity of performing its work and if the company is unable to manage costs successfully, then certain of its projects could be or become unprofitable.
- Risks Relating to the Business: Intense competition in the market for technology services could affect the company pricing, which could reduce its share of business from clients and decrease the company revenues and profitability.
- Risks Relating to the Business: A significant portion of the company revenues is generated during the last quarter of the financial year, and any delay or reduction in customer spending during this period may materially affect its annual financial performance.
- Risks Relating to the Business: There has been certain instances of regulatory non-compliances or delays or errors in the past. The company may be subject to regulatory actions and penalties for any such past or future non-compliance or delays or errors and its business, financial condition and reputation may be adversely affected.
- Risks Relating to the Business: The company investments in overseas subsidiaries may not yield the expected benefits, and any failures of such subsidiaries to operates effectively could adversely affect its growth strategy and financial performance.
- Risks Relating to the Business: The company revenues is derived from both government and non-government customers, and any adverse changes in procurement processes, budgets or policies affecting either segment may impact its business and financial performance.
- Risks Relating to the Business: The company has not entered into any binding marketing, sales or human resource development agreements for initiatives proposed to be funded from the Issue proceeds, which may delay or adversely affect execution of its growth plans.
- Risks Relating to the Business: Failures to offer customer support in a timely and effective manner may adversely affect the company relationships with its customers.
- Risks Relating to the Business: Any failures to adequately test, upgrade, or maintain its Threatcop products and AutoSecT platforms may result in service deficiencies and client dissatisfaction.
- Risks Relating to the Business: The company revenues is derived from customers across various industries, and any adverse developments in key industries served by its may reduce demand for the company services and adversely affect its results of operations.
- Risks Relating to the Business: The company may be liable to its clients for damages caused by system failures, disclosure of confidential information or data security breaches, which could harm the company reputation and cause its to lose clients.
- Risks Relating to the Business: The company business is dependent on a limited Number of key product and service revenue streams and any adverse impact on these could materially affect its results of operations and financial condition.
- Risks Relating to the Business: The company has certain outstanding litigation against its, an adverse outcome of which may adversely affect the company business, reputation and results of operations.
- Risks Relating to the Business: The company has received unsecured loans from its Director, and any requirement to repay such loans may adversely affect the company liquidity and financial position.
- Risks Relating to the Business: The company may be exposed to risks arising from inadequate internal data backup, disaster recovery, or business continuity planning.
- Risks Relating to the Business: The Company is dependent on few numbers of customers for sales. Loss of any of this large customer may affect its revenues and profitability.
- Risks Relating to the Business: Any Penalty or demand raise by statutory authorities in future will affect its financial position of the Company.
- Risks Relating to the Business: Information Technology (IT) Audit requirements from Government organizations, Statutory Bodies, PSUs, Municipalities etc. are typically awarded to the company on satisfaction of prescribed pre-qualification criteria, on being empanelled and/or after following a competitive bidding process. Its business and financial condition may be adversely affected if the orders is not awarded to the company.
- Risks Relating to the Business: The company business is dependent on the reliability and scalability of its internal IT infrastructure, and any system failures may disrupt operations.
- Risks Relating to the Business: The company success is dependent on its Promoters, management team and skilled manpower. The company inability to attract and retain key personnel or the loss of services of its Promoter or Managing Director, Whole time Directors and Executive Directors may has an adverse effect on the company business prospects.
- Risks Relating to the Business: Significant security breaches in the company software, data and network infrastructure and fraud could adversely impact its business.
- Risks Relating to the Business: The properties used by the Company for the purpose of its operations is not owned by the company. Any termination of the relevant lease agreements or rent agreements in connection with such properties or the company failures to renew the same could adversely affect its operations.
- Risks Relating to the Business: The company derives a significant portion of its revenues from India and from other countries through exports and are exposed to foreign exchange fluctuation risks.
- Risks Relating to the Business: The company requires certain approvals and licenses in the ordinary course of business and the failures to successfully obtain such registrations would adversely affect its operations, results of operations and financial condition.
- Risks Relating to the Business: Any non-compliance with regulatory standards or loss of empanelment, approvals or certifications could adversely affect the company business, financial condition and results of operations.
- Risks Relating to the Business: There may be potential conflict of interests between the Company, subsidiary companies and Group Company.
- Risks Relating to the Business: If the company cannot attract and retain highly-skilled IT professionals, its ability to obtain, manage and staff new projects and to continue to expand existing projects may result in loss of revenue and an inability to expand its business.
- Risks Relating to the Business: The company contingent liabilities as stated in its Restated Financial Statements could affect the company financial condition.
- Risks Relating to the Business: The company may not be able to prevent unauthorised use of trademarks obtained/ applied for by third parties, which may lead to the dilution of its goodwill.
- Risks Relating to the Business: The company inability to effectively manage its growth or to successfully implement the company business plan and growth strategy could has an effect on its business, results of operations and financial condition.
- Risks Relating to the Business: The company has entered into and may enter into related party transactions in the future also.
- Risks Relating to the Business: If there is a change in policies related to tax, duties or other such levies applicable to the company, it may affect its results of operations.
- Risks Relating to the Business: The company ability to pay dividends in the future may be affected by any material adverse effect on its future earnings, financial condition or cash flows.
- Risks Relating to the Business: The company Promoters and Directors hold Equity Shares in its Company and are therefore interested in the Company's performance in addition to their remuneration and reimbursement of expenses.
- Risks Relating to the Business: The company insurance coverage may not be adequate to protect its against all potential losses to which the company may be subject and this may has a material effect on its business and financial condition.
- Risks Relating to the Business: The company is subject to the risk of failures of, or a material weakness in, its internal control systems and major fraud, lapses of internal control or system failures could adversely impact the company's business.
- Risks Relating to the Business: Industry Overview section of this Red Herring Prospectus contains information from the Dun & Bradstreet Report which the company commissioned and purchased and any reliance on such information for making an investment decision in the Issue is subject to inherent risks.
- Risks Relating to the Business: The company business is highly dependent on electricity, and any disruption or failures in the power supply may affect its operations.
- Risks Relating to the Business: The company has not identified any alternate source of raising the fund for investments in subsidiaries for sales & marketing activities and product development as well as investment in product development, mentioned as its `Objects of the Issue'. Any shortfall in raising / meeting the same could adversely affect its growth plans, operations and financial performance.
- Risks Relating to the Business: Any variation in the utilization of the Net Proceeds as disclosed in this Red Herring Prospectus shall be subject to certain compliance requirements, including prior approval of the shareholders of the Company.
- Risks Relating to the Business: Portion of the company Issue Proceeds are proposed to be utilized for general corporate purposes which constitute [?] % of the Issue Proceeds. As on date the company has not identified the use of such funds.
- Risks Relating to the Business: The company has in the last 12 months issued Equity Shares at a price that may be at lower than the Issue Price.
- Risks Relating to the Business: The average cost of acquisition of Equity Shares by the company Promoters could be lower than the Issue Price.
- Risks Relating to the Business: The company will continue to be controlled by its Promoters and Promoter Group after the completion of the Issue, which will allow them to influence the outcome of matters submitted for approval of its shareholders.
- Risks Relating to the Business: The company Equity Shares has never been publicly traded and may experience price and volume fluctuations following the completion of the Issue, an active trading market for the Equity Shares may not develop, the price of its Equity Shares may be volatile and you may be unable to resell your Equity Shares at or above the Issue Price or at all.
- Risks Relating to the Business: Rights of shareholders under Indian laws may be more limited than under the laws of other jurisdictions.
- Risks Relating to the Business: The Issue Price of the company Equity Shares may not be indicative of the market price of its Equity Shares after the Issue and the market price of the company Equity Shares may decline below the Issue Price and you may not be able to sell your Equity Shares at or above the Issue Price.
- Risks Relating to the Business: A third party could be prevented from acquiring control of the Company because of anti-takeover provisions under Indian law.
- Risks Relating to the Business: None of the Promoters of the Company has experience of being a promoter of a public listed company.
- Risks Relating to the Business: The company may requires further equity issuance, which will lead to dilution of equity and may affect the market price of its Equity Shares or additional funds through incurring debt to satisfy the company capital needs, which its may not be able to procure and any future equity offerings by the company.
