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Kratikal Tech SME IPO

Kratikal Tech came to market through an SME IPO that opened on 30 June 2026 and closed on 2 July 2026, and the shares listed on 7 July 2026 on BSE SME. The price band was ₹128 to ₹135 per share and one lot was 1000 shares, so the minimum application was ₹1,35,000. The issue size was ₹39.69 crore. The whole issue was fresh shares, so the money raised went to the company.

Kfin Technologies Limited was the registrar to the issue, and Beeline Capital Advisors Pvt.Ltd was the lead manager.

Issue details

Issue type
Book Built Issue
Price band
₹128 to ₹135
Lot size
1000 shares
Minimum investment
₹1,35,000
Face value
₹10 per share
Issue size
₹39.69 crore
Fresh issue
29,40,000 shares (aggregating up to ₹39.69 crore)
Listing at
BSE SME
Registrar
Kfin Technologies Limited
Lead managers
Beeline Capital Advisors Pvt.Ltd
Promoter holding before the issue
72.58%
Promoter holding after the issue
53.36%

Timeline

Opens
30 June 2026
Closes
2 July 2026
Allotment
3 July 2026
Listing
7 July 2026

Subscription status by day

As of 2 July 2026.

Day
1
2
3

About Kratikal Tech

At Kratikal Tech Ltd., the services include the provision of artificial intelligence-based cybersecurity solutions via software as a service using our own platform that utilizes the services of cybersecurity and regulatory compliance services to help organizations mitigate cyber risks and become resilient to any such threats. Company services range from the creation of proprietary security solutions which include identity and access management, vulnerability assessments, threat detections, and compliance-based security solutions.

As described in the offer document.

Objects of the issue

  • Investment in Threatcop FZ LLC, UAE and Threatcop AI Inc, USA (our subsidiaries) for expenditure towards sales & marketing activities and development of workforce resources.
  • Investment in product development
  • General Corporate Purposes

Financials (₹ crore)

Metric31-Mar-2631-Mar-2531-Mar-24

Kratikal Tech Limited raised ₹11.22 crore from 8 anchor investors at ₹135 per share on June 29, 2026. Aarth AIF Growth Fund led the allocation at 25.15%, followed by SB Opportunities Fund II and Shine Star Build Cap at 13.84% each. Finavenue Capital Trust participated through two schemes at a combined 20.10%.

Promoters

Mr. Pavan Kumar, Mr. Paratosh Kumar, Mr. Dip Jung. Promoter holding 72.58% before the issue and 53.36% after.

Application sizes

Individual (min)
2 lots, 2000 shares, ₹2,70,000
Individual(max)
2 lots, 2000 shares, ₹2,70,000
sHNI(min)
3 lots, 3000 shares, ₹4,05,000
sHNI(max)
7 lots, 7000 shares, ₹9,45,000
bHNI(min)
8 lots, 8000 shares, ₹10,80,000

Valuation

EPS Pre IPO
₹7.53
EPS Post IPO
₹5.53
P/E Pre IPO
17.94
P/E Post IPO
24.40
ROE
34.95%
ROCE
34.35%
RoNW
25.57%
PAT Margin
16.73%
Debt/Equity
0.00
Price/Book
4.59
Market Cap
₹149.86 Cr

Registrar and allotment status

Registrar
Kfin Technologies Limited
Allotment status
https://ipostatus.kfintech.com/
Phone
04067162222, 04079611000
Email
kratikal.ipo@kfintech.com

Work out the listing gain for this SME IPO

How allotment works

If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.

The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.

Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.

What happens on listing day

Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.

For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.

Questions about the Kratikal Tech SME IPO

What is Kratikal Tech IPO?

Kratikal Tech IPO was a ₹39.69 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹128–₹135 per share with a lot size of 1,000 shares; the minimum retail application was 2,000 shares (₹2,70,000). The IPO was open from June 30 to July 2, 2026 and was subscribed 220.79x. Shares listed on BSE SME on July 7, 2026 at ₹192, a 42.2% premium to the issue price of ₹135. Kfin Technologies Limited is the registrar.

Beeline Capital Advisors Pvt. Ltd. is the book running lead manager.

What is the price band of Kratikal Tech IPO?

The price band of Kratikal Tech IPO is ₹128 to ₹135 per share.

What is the lot size of Kratikal Tech IPO?

The lot size of Kratikal Tech IPO is 1000 shares.

What is the minimum investment for Kratikal Tech IPO?

The minimum investment for Kratikal Tech IPO is approximately ₹2,70,000 based on the upper price band.

What is the allotment date of Kratikal Tech IPO?

The allotment date of Kratikal Tech IPO is Jul 3, 2026.

What was the GMP of Kratikal Tech IPO before listing?

No GMP quote could be verified as recorded before Kratikal Tech IPO listed. A grey-market observation of ₹70 per share was recorded on 7 Jul 2026, 6:45 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹192. GMP is unofficial and does not forecast or guarantee the actual listing price.

How to check Kratikal Tech IPO allotment status?

You can check Kratikal Tech IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Kratikal Tech IPO allotment status on Rupix for quick and easy access.

What was the price band of the Kratikal Tech SME IPO?

₹128 to ₹135 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.

What was the lot size of the Kratikal Tech SME IPO?

One lot was 1000 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,35,000. After listing, SME shares also trade in lots rather than one share at a time.

What was the minimum investment in the Kratikal Tech SME IPO?

₹1,35,000, for one lot of 1000 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.

When did the Kratikal Tech SME IPO open and close?

It opened on 30 June 2026 and closed on 2 July 2026.

When was the allotment of the Kratikal Tech SME IPO?

The basis of allotment was published on 3 July 2026 by Kfin Technologies Limited, and allotted shares were credited to demat accounts before listing.

When did Kratikal Tech list on BSE SME?

The shares listed on 7 July 2026 on BSE SME.

How large was the Kratikal Tech SME IPO?

The issue size was ₹39.69 crore. The fresh issue was 29,40,000 shares (aggregating up to ₹39.69 crore).