Skip to content

Allotment

TechD Cybersecurity Limited

TechDefence Labs Ltd.’s IPO was a book-built issue aggregating ₹38.99 crore. The issue comprised entirely of a fresh issue of 0.20 crore equity shares.

The IPO bidding opened on September 15, 2025, and closed on September 17, 2025. The allotment was finalized on September 18, 2025, and the company’s shares were listed on the NSE SME platform on September 22, 2025.

The IPO price band was fixed at ₹193 per share. The lot size for applications was 600 shares. Retail investors were required to apply for a minimum of 2 lots (1,200 shares), amounting to an investment of ₹2,31,600 at the upper price band. For HNI investors, the minimum application size was 3 lots (1,800 shares), requiring an investment of ₹3,47,400.

GYR Capital Advisors Pvt. Ltd. acted as the Book Running Lead Manager for the issue, while Purva Sharegistry (India) Pvt. Ltd. served as the registrar. Giriraj Stock Broking Pvt. Ltd. was appointed as the market maker for the IPO.

TechDefence Labs Solutions Limited IPO & Charts
₹193

0%

Open

₹193

HIgh - Low

₹193

Previous Close

₹193

Total Traded Value

0

52 Weeks High

₹193

52 Weeks Low

₹193

Updates On

Sep 10, 2025

IPO. Open

Sep 15, 2026

IPO. Close

Sep 17, 2026

IPO. Price

₹193.00

IPO Market price

₹144.36 Cr

IPO Details

IPO Date 22 Sep
IPO Listing Date 22 Sep
IPO Face Value ₹10.00 per share
IPO Price Range ₹193.00
IPO Issue Size 20,20,200 shares
IPO Sale Type Fresh Capital
Employee Discount -
IPO Issue Type Bookbuilding IPO
IPO Listing NSE SME Platform
hare Holding Pre Issue 54,59,533 shares

IPO Reservation

IPO Open Date 15 Sep
IPO Close Date 17 Sep
IPO Allotment (Tentative) 18 Sep
Refunds 19 Sep
Credit to Demat Account 19 Sep
IPO Listing Date 22 Sep

IPO Timetable

Category Offer
QIB Shares Offered 9,58,800 Shares
NII (HNI) Shares Offered 2,88,000 Shares
Retail Shares Offered 6,72,000 Shares

IPO Lot Size

Investors can bid for a minimum of 1,200 shares, with additional shares to be purchased in multiples of 600.

Application Lots Share Amount
Retail (Min) 2 1,200 ₹2,31,600
Retail (Max) 2 1,200 ₹2,31,600
S-HNI (Min) 3 1,800 ₹3,47,400
S-HNI (Max) 8 4,800 ₹9,26,400
B-HNI (Min) 9 5,400 ₹10,42,200
About Company

Incorporated in January 2017, TechDefence Labs Solutions Limited is a cybersecurity company focused on protecting digital assets for organizations across the globe. The company delivers end-to-end cybersecurity solutions, enabling enterprises to operate securely in an increasingly digital environment.

TechDefence Labs offers a comprehensive range of services, including Managed Security Service Provider (MSSP) solutions, Cyber Program Management, Vulnerability Assessment and Penetration Testing (VAPT), Compliance Services, Specialized Security Services, and Staff Augmentation, catering to diverse industry requirements.

The company serves a strong and varied client base, including prominent names such as Adani Group, Zensar Technologies, Astral Limited, Kedia Capital, 1 Cyber Valley, ETO GRUPPE Technologies GmbH, and IQM Corporation. These clients leverage TechDefence Labs’ advanced cybersecurity capabilities to strengthen their cyber resilience.

Its service portfolio includes:

Vulnerability Assessment and Penetration Testing (VAPT): Identifying and addressing security weaknesses in web and mobile applications to mitigate cyber risks.

Security Operations Center (SOC) Services: Continuous monitoring, threat detection, and incident response to ensure robust security postures.

Cybersecurity Consulting: Strategic advisory services covering security frameworks, regulatory compliance, and risk management.

Domain Training: Professional workshops and bootcamps designed to upskill individuals in contemporary cybersecurity practices and threat mitigation.

As of June 30, 2025, the company employed 147 professionals.

Competitive Strengths

Experienced and qualified promoters and management team

Comprehensive and integrated cybersecurity service offerings

CERT-In empanelment and strong regulatory credentials

Steady pipeline of skilled cybersecurity professionals

Proven track record with a diversified client base

TechD Cybersecurity Ltd. reported a 97% increase in revenue and a 159% rise in profit after tax (PAT) for the financial year ended March 31, 2025, compared to the year ended March 31, 2024.

Company Financials (Consolidated)

Assets 29.08 9.14 6.98
Total Income 30.23 15.36 7.59
Profit After Tax 8.4 3.24 0.94
EBITDA 12.24 4.91 1.36
NET Worth 22.14 4.8 1.56
Reserves and Surplus 16.68 4.79 1.55
Total Borrowing - - -

Key Performance Indicator (KPI)

ROE 62.33%
ROCE 54.25%
Debt/Equity 0.01
RoNW 37.93%
PAT Margin 28.18%
EBITDA Margin 40.48%
Price to Book Value 4.76
IPO Objective

IPO Objects of the Issue

S.No. Objects of the ipo Resources Detail IPO Amount
1 Funding capital expenditure requirements for the purchase of equipment/machineries -
2 To meet out the expenses of Working Capital Requirement -
3 To meet out the General Corporate Purposes; -
4 Offer for Sale (OFS) -

Contact Details

TechD Cybersecurity Ltd. 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/

Detail Registrar

IPO Registrar
Purva Sharegistry (India) Pvt.Ltd.

+91-022-23018261/ 23016761
newissue@purvashare.com

Compare:

Back To Top