Kratikal Tech Ltd IPO

Kratikal Tech Limited is a cybersecurity company that provides AI-driven software-as-a-service (SaaS) security solutions, along with cybersecurity and regulatory compliance services. The company operates through two business segments: AI-driven people security management solutions offered under the Threatcop brand, and technology and process security services offered under the Kratikal brand. Its product portfolio includes Threatcop, a people security management suite, and AutoSecT, an AI-driven vulnerability management, detection, and response (VMDR) and penetration testing platform. The company also provides services such as vulnerability assessment and penetration testing (VAPT), application and infrastructure security, red-team exercises, governance, risk and compliance (GRC) services, secure code reviews, and virtual CISO services. Kratikal serves customers across sectors, including BFSI, fintech, telecom, IT/ITeS, healthcare, pharmaceuticals, e-commerce, and manufacturing in India and overseas markets. The company operates from India and is a CERT-In empanelled security auditor as well as an NSE-empanelled system auditor. Use of proceeds: This is a fresh issue of shares. Therefore, the net proceeds from the fresh issue will go to the company. They will be utilised for the following purposes: Investment in Threatcop FZ LLC, UAE, and Threatcop AI Inc, USA (subsidiaries), for sales & marketing activities and development of workforce resources - Rs 23.08 crore Investment in product development - Rs 9.23 crore General corporate purposes;