In a significant move within the Indian tech and financial landscape, Kratikal Tech Limited, a provider of artificial intelligence-powered cybersecurity and Software-as-a-Service (SaaS) solutions, has taken a decisive step towards going public. The company has officially submitted its draft red herring prospectus (DRHP) to the BSE SME platform for its upcoming initial public offering (IPO).
IPO Structure and Fund Allocation Strategy
The proposed public offering is structured as a fresh issue of up to 3,000,000 equity shares, with each share having a face value of ₹10. While the final size of the IPO, along with the price band and lot size, will be communicated by the company at a later date, the strategic intent behind the capital raise is clear.
According to the company's official release, the primary objective is to fuel aggressive global market expansion. A significant portion of the net proceeds is earmarked for investment in its two key international subsidiaries: Threatcop FZ LLC in the UAE and Threatcop AI Inc. in the USA. Beyond this, the funds will be deployed to strengthen sales and marketing efforts, develop the workforce in overseas markets, accelerate product development, and meet general corporate purposes.
Inside Kratikal Tech's AI-Driven Cybersecurity Model
Kratikal Tech has carved a niche by offering an integrated, AI-driven approach to cybersecurity. The company boasts a substantial and diverse clientele, serving more than 638 clients across various sectors. Its business model is built on two complementary lines: People Security Management (PSM) and Technology & Process Security.
This dual-layered strategy is designed to provide holistic protection across the People–Process–Technology framework, a critical need in today's complex digital threat environment. The company's solutions cater to a wide spectrum of businesses, from small enterprises to large corporations, operating in sectors like BFSI, fintech, telecom, IT/ITES, healthcare, pharmaceuticals, e-commerce, and manufacturing, both in India and abroad.
Financial Health and Key Advisors
Kratikal Tech's financial performance provides a solid backdrop for its IPO ambitions. For the fiscal year that concluded on March 31, 2025, the company reported a revenue of ₹20.85 crore. Its operational efficiency is reflected in an EBITDA of ₹5.51 crore, culminating in a profit after tax (PAT) of ₹4.23 crore.
The company has appointed Beeline Capital Advisors Private Limited as the book-running lead manager (BRLM) to oversee the IPO process. KFin Technologies will act as the registrar to the issue, handling investor-related administrative functions.
What This Move Signifies
Kratikal Tech's IPO filing underscores the growing maturity and investor appeal of specialized, technology-driven SMEs in India. By targeting the public markets, the firm aims to secure the capital necessary to compete on a global stage, leveraging its AI and SaaS capabilities in the high-growth cybersecurity domain. The success of this offering will be closely watched as an indicator of market appetite for innovative tech firms in the SME segment.
Disclaimer: This news article is for informational purposes only. It is not investment advice. Readers are strongly advised to consult with certified financial experts before making any investment decisions.
