TechD Cybersecurity (TechDefence Labs) IPO Details
SME
TechD Cybersecurity (TechDefence Labs) IPO opens for subscription on 15 Sep 2025 and closes on 17 Sep 2025. The IPO will be listed on NSE with the tentative listing date set for 22 Sep 2025.
TechD Cybersecurity (TechDefence Labs) IPO price band has been fixed at ₹183 – ₹193 per share.The face value is ₹10 per share with a lot size of 600.
TechD Cybersecurity (TechDefence Labs) IPO total issue size comprises 20,20,200 shares (aggregating up to ₹38.99 Cr). This includes a fresh issue of 20,20,200 shares (aggregating up to ₹38.99 Cr). Pre-issue shareholding stands at 54,59,533, which will increase to 74,79,733 post-issue.
TechD Cybersecurity (TechDefence Labs) IPO carries a ₹210 (108.81%) GMP, reflecting investor sentiment.
TechD Cybersecurity (TechDefence Labs) IPO Lot Size : Individual Minimum is 2 lots (1,200 shares) amounting to ₹231,600. Individual Maximum is 2 lots (1,200 shares) amounting to ₹231,600. SHNI Minimum is 3 lots (1,800 shares) amounting to ₹347,400. SHNI Maximum is 8 lots (4,800 shares) amounting to ₹926,400. BHNI Minimum is 9 lots (5,400 shares) amounting to ₹1,042,200.
The Lead Managers for TechD Cybersecurity (TechDefence Labs) IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is GYR Capital Advisors Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Giriraj Stock Broking. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the TechD Cybersecurity Limited RHP.
TechD Cybersecurity (TechDefence Labs) IPO Details
TechD Cybersecurity (TechDefence Labs) IPO Subscription
TechD Cybersecurity (TechDefence Labs) IPO Application Wise Breakup
TechD Cybersecurity (TechDefence Labs) IPO Dates
- 15 Sep 2025Opening dateOpen
- 17 Sep 2025Closing dateClose
- 18 Sep 2025Allotment Date Allotment
- 19 Sep 2025Initiation of RefundsRefund
- 19 Sep 2025Credit of SharesCredit
- 22 Sep 2025Listing dateListing
TechD Cybersecurity (TechDefence Labs) IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 1200 | ₹231,600 |
| Individual Maximum | 2 | 1200 | ₹231,600 |
| SHNI Minimum | 3 | 1800 | ₹347,400 |
| SHNI Maximum | 8 | 4800 | ₹926,400 |
| BHNI Minimum | 9 | 5400 | ₹1,042,200 |
TechD Cybersecurity (TechDefence Labs) IPO Reservation
Promoter Holding
TechD Cybersecurity (TechDefence Labs) IPO Valuations
TechD Cybersecurity (TechDefence Labs) Financial Information
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 26.06 | 9.14 | 6.98 | 1.96 |
| Total Income | 13.04 | 15.36 | 7.59 | 2.41 |
| Profit After Tax | 4.28 | 3.24 | 0.94 | 0.33 |
| Net Worth | 18.02 | 4.8 | 1.56 | 0.62 |
| Reserves and Surplus | 12.56 | 4.79 | 1.55 | 0.61 |
| Amount in ₹ Crore | ||||
About TechD Cybersecurity (TechDefence Labs) IPO
Established in January 2017 TechDefence Labs Solutions Limited is a cybersecurity firm specializing in safeguarding digital assets for organizations worldwide.
The company offers solutions for end-to-end services to enterprises to help businesses stay secure in the digital world.
The company provides a wide range of services, including MSSP solutions, Cyber Program Management, VAPT, Compliance Services, Specialised Services, and Staff Augmentation to meet diverse client needs.
Clients such as Adani Group, Zensar Technologies, Astral Limited, Kedia Capital, 1 Cyber Valley, ETO GRUPPE Technologies GmbH, and IQM Corporation benefit from the company's cutting-edge solutions that enhance their cyber resilience.
The company offers a comprehensive suite of services, including:
- Vulnerability Assessment and Penetration Testing (VAPT):Identifying and mitigating vulnerabilities in web and mobile applications to enhance security.
- Security Operations Center (SOC) Services:Providing continuous monitoring and analysis to detect and respond to cybersecurity incidents promptly.
- Cybersecurity Consulting:Offering expert guidance on security strategies, compliance, and risk management to fortify organizational defenses.
- Domain Training:Educating professionals through workshops and bootcamps on the latest cybersecurity practices and threat mitigation techniques.
As of February 28, 2025, the Company has 126 employees on payroll.
Strength Of TechD Cybersecurity (TechDefence Labs) IPO
1. Founder led company supported by a highly experienced and professional leadership team:
2. Comprehensive and Integrated Cyber security Service Offering.
3. Proactive approach to provide Cyber security solutions using modern technology and adaptive to changing requirement of the client.
4. Consistent Growth, Profitability and Cash Flow Generation.
5. Continuous Supply of Skilled Cybersecurity Talent.
Risk Of TechD Cybersecurity (TechDefence Labs) IPO
1. If we cannot maintain and expand our existing client base, our business, financial condition, cash flows and results of operations may be adversely affected.
2. Our Industry is highly employee intensive industry. Thus, Employees Benefit expenses constitutes a major portion of our expenses. Such significant increase in this cost could lead to lower profitability.
3. Our Company's success depends largely upon its skilled professionals and its ability to attract and retain these personnel. The industry where our Company operates requires highly skilled and technical employee.
4. We generate a significant percentage of our revenue from operations from customers in Gujarat and Maharashtra in India. If our operations in these states are negatively affected, our financial results and future prospects would be adversely impacted.
5. We are dependent on a few vendors/ suppliers who are our OEM partners and we typically do not enter into long-term contracts or arrangements with them. Any loss of such suppliers or any increase in the price will have an adverse impact on our business and our revenue.
6. Our business is subject to evolving laws regarding privacy, data protection and other related matters. Many of these laws are subject to change and could result in claims, changes to our business practices, monetary penalties, increased cost of operations, or declines in customer growth or engagement, which may harm our business.
7. We rely on OEM Partners for our MSSP Service and any disruption in these relationships could adversely affect our operations, revenue, and overall business performance.
8. In the past one of our Promoter Mr. Sunny Vaghela was subject to disqualification and default.
9. Our Company and our Directors are party to certain legal proceeding. Any adverse decision in such proceedings may have a material adverse effect on our business, results of operations and financial condition.
10. We are dependent on few Industries for majority of our revenue from operations with ITES, Education, BFSI, and Manufacturing, contributing to more than 50%. Downtrend or change in regulatory framework in these Industries may result in an adverse effect on our business, revenue from operations and financial conditions.
Objectives TechD Cybersecurity (TechDefence Labs) IPO
1. Investment in Human resources
2. Capital Expenditure for setting up Global Security Operation Centre (GSOC) at Ahmedabad
3. General Corporate Purpose
Company Contact Details
TechD Cybersecurity Ltd.
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/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Market Maker
Market Maker Reports
TechD Cybersecurity (TechDefence Labs) IPO - FAQs
The TechD Cybersecurity (TechDefence Labs) IPO is a SME public issue comprising 2020200 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹38.99 Cr. The issue price has been fixed at ₹193 per equity share, and the minimum application size is 600 shares.
The IPO opens for subscription on 15 Sep 2025, and closes on 17 Sep 2025.
Purva Sharegistry India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the NSE
As of now, the current GMP stands at ₹210 (108.81%).