TechD Cybersecurity
September 15, 2025 – September 17, 2025
| Price | ₹183 - ₹193 |
| GMP Rumors * | ₹100 |
|---|---|
| Lot size | 600 |
| Allotment | Sep 18, 2025 |
| Listing | Sep 22, 2025 |
TechD Cybersecurity Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| INDIVIDUAL | 2 | 1200 | 231600 | 560 |
| sHNI | 3 | 1800 | 347400 | 53 |
| bHNI | 9 | 5400 | 1042200 | 107 |
TechD Cybersecurity Reservation
| Category | Shares Offered | % |
|---|---|---|
| Anchor | 574800 | 28.45% |
| QIB | 384000 | 19.01% |
| HNI | 288000 | 14.26% |
| INDIVIDUAL | 672000 | 33.26% |
| Market Maker | 101400 | 5.02% |
| Total | 2020200 | 100% |
TechD Cybersecurity About
IPO Details
| Total Issue Size | 20,20,200 shares (aggregating up to ₹38.99 Cr) |
| Fresh Issue Size | 20,20,200 shares (aggregating up to ₹38.99 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 54,59,533 shares |
| Share Holding Post Issue | 74,79,733 shares |
| Market Maker's Portion | 1,01,400 shares (aggregating up to ₹1.96 Cr) |
| Market Maker | Giriraj Stock Broking Pvt. Ltd. |
Key Performance Indicators (KPI)
| KPI | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 62.33% | 101.89% | 86.35% |
| ROCE | 54.25% | 72.07% | 40.29% |
| RONW | 37.93% | 67.50% | 60.31% |
| EPS (basic) | 16.44 | 6.82 | 1.98 |
| P/E Pre IPO | 32.51 | ||
| P/E Post IPO | 16.85 |
Company Financials In Crores
| Period | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| Assets | 29.08 | 9.14 | 6.98 |
| Income | 30.23 | 15.36 | 7.59 |
| Profit after Tax | 8.40 | 3.24 | 0.94 |
| EBITDA | 12.24 | 4.91 | 1.36 |
| Net Worth | 22.14 | 4.80 | 1.56 |
| Reserves | 16.68 | 4.79 | 1.55 |
Peer Comparision
Adding Soon.Company Overview
Incorporated: January 2017
Business: Cybersecurity solutions provider safeguarding digital assets globall
Key Offerings:
MSSP solutions
Cyber Program Management
Vulnerability Assessment & Penetration Testing (VAPT)
Compliance Services
Specialized Services
Staff Augmentation
Core Services:
VAPT – Security testing for web & mobile apps
SOC Services – Continuous monitoring & incident response
Consulting – Security strategy, compliance, and risk management
Domain Training – Workshops & bootcamps on cybersecurity practices
Notable Clients: Adani Group, Zensar Technologies, Astral Limited, Kedia Capital, 1 Cyber Valley, ETO GRUPPE Technologies GmbH, IQM Corporation
Competitive Edge: Comprehensive end-to-end cybersecurity services enhancing client resilience in the digital world
Strength
Integrated Offerings – Provides a comprehensive, end-to-end “one-stop-shop” portfolio covering MSSP, VAPT, compliance, SOC, consulting, and training.
Official Recognition – Empaneled with CERT-In and recognized by regulatory authorities, enhancing credibility and trust among enterprises.
Weakness
Client Dependence Risk – Inability to maintain and expand the existing client base may adversely impact revenue, profitability, and overall financial performance.
High Employee Cost Structure – Being an employee-intensive industry, rising employee benefit expenses form a major portion of costs, potentially reducing margins and profitability.
Talent Retention Risk – The company’s success relies heavily on skilled cybersecurity professionals; difficulty in attracting and retaining such talent may hinder service quality and growth.
TechD Cybersecurity Lead Manager(s)
TechD Cybersecurity Address
Office No. 901, 902, 903, 904 & 908,
Abhishree Adroit, Nr. Swaminarayan Temple
Vastrapur
Ahmedabad, Gujarat, 380015
Phone: +91 08645628421
Email: info@techdefence.com
Website: https://www.techdefencelabs.com/