Kratikal Tech Files SME IPO to Fund Global Expansion of AI-Driven Cybersecurity Solutions

Kratikal Tech, an AI-driven cybersecurity and Software-as-a-Service (SaaS) solutions provider, has filed its Draft Red Herring Prospectus (DRHP) with BSE SME, marking a significant milestone in the company's growth journey. The proposed public offering comprises a fresh issue of up to 30 lakh equity shares with a face value of ₹10.00 each, positioning the company to capitalize on growing global cybersecurity demand.

Strategic Use of IPO Proceeds

The company has outlined a comprehensive deployment strategy for the IPO proceeds across three key areas. A significant portion will be directed towards scaling Kratikal Tech's global footprint through investments in its overseas subsidiaries, Threatcop FZ LLC in the UAE and Threatcop AI Inc in the US. These funds will support sales and marketing initiatives, workforce expansion, and business development in international markets.

Additionally, the company plans to invest in product development, focusing on enhancing its AI-driven cybersecurity platforms and expanding service offerings to address evolving cyber threats.

Comprehensive Security Solutions Portfolio

Kratikal Tech operates on a distinctive dual-layered security model that combines People Security Management with Technology and Process Security. The company's flagship Threatcop platform specializes in mitigating human-centric cyber risks such as phishing by assessing employee behavior and delivering targeted training programs.

Under the Kratikal brand, the company provides comprehensive security solutions for enterprise technology infrastructure, addressing vulnerabilities across multiple domains:

• Network security and cloud environments
• Application and mobile platform protection
• API security solutions
• Vulnerability assessment and penetration testing
• Red team exercises and compliance solutions

The company's AI-powered platforms, including Threatcop and AutoSecT, are designed to proactively identify, prioritize, and remediate cyber vulnerabilities across enterprise environments.

Strong Market Position and Client Base

Kratikal Tech has established a robust market presence, serving more than 638 clients across diverse sectors including BFSI, fintech, telecom, IT and ITES, healthcare, pharmaceuticals, e-commerce, and manufacturing. The company's operations span India and international markets, supported by a team of over 184 skilled professionals.

The company's credibility is further reinforced by its empanelment as a security auditor with CERT-In and the National Stock Exchange (NSE).

Strong Financial Performance

Kratikal Tech demonstrated robust financial performance for the year ended March 31, 2025, showcasing the strength of its SaaS-led business model. The company's financial metrics reflect strong operating leverage and profitability in the cybersecurity sector.

These figures highlight the company's ability to generate consistent profitability while maintaining growth in the competitive cybersecurity market.

IPO Management and Market Positioning

Beeline Capital Advisors has been appointed as the book running lead manager for the issue, while KFin Technologies will serve as the registrar. This IPO comes at a time when cybersecurity spending is rising globally amid increasing digital adoption and regulatory scrutiny, positioning Kratikal Tech to capitalize on both domestic and international growth opportunities through its AI-driven platforms and comprehensive security services.