TechD Cybersecurity IPO Details
The key details of TechD Cybersecurity’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹38.99 Cr |
| Price Range | ₹183 - ₹193 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 1,200 |
| Investment (cut-off price) | ₹2,31,600 |
| Pre IPO Promotor Holding | 86.61% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
TechD Cybersecurity IPO Timelines
The IPO process for TechD Cybersecurity includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
15/09/2025
Start Date17/09/2025
End Date19/09/2025
Refund Initiation19/09/2025
Credit of Shares to Demat Ac22/09/2025
Listing DateTechD Cybersecurity IPO Lot Size
The TechD Cybersecurity IPO has a fixed lot size of 600 shares, at an upper price band of ₹193 per share. For retail investors, the minimum and maximum application is 1,200 shares (2 lots) amounting to ₹2,31,600. For Small HNI (S-HNI) investors, the minimum application is 1,800 shares (3 lots) worth ₹3,47,400, while the maximum is 4,800 shares (8 lots) amounting to ₹9,26,400. Big HNI (B-HNI) investors need to apply for at least 5,400 shares (9 lots), totaling ₹10,42,200.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 1200 | ₹2,31,600 |
| Retail Maximum | 2 | 1200 | ₹2,31,600 |
| S-HNI Minimum | 3 | 1800 | ₹3,47,400 |
| S-HNI Maximum | 8 | 4800 | ₹9,26,400 |
| B-HNI Minimum | 9 | 5400 | ₹10,42,200 |
TechD Cybersecurity IPO Subscription Status
The subscription status for TechD Cybersecurity IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 284.17x | 1,279.03x | 726.06x | -- | 718.30x |
IPO Performance on Listing Day
On the listing day (September 22, 2025), TechD Cybersecurity made an extraordinary debut on the stock exchange. The stock opened at ₹366.70, commanding a remarkable premium of 90% over its issue price of ₹193. The cybersecurity company gained further momentum throughout the trading session, reaching a day high of ₹385 while finding solid support at the opening price level. The shares concluded their first trading day at ₹385, which also marked the day’s high, delivering an exceptional gain of 99.5% over the issue price, reflecting extraordinary investor confidence in the cybersecurity sector and exceptional market enthusiasm for this digital security solutions provider amid growing concerns about cyber threats.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹366.70 | ₹385.00 | ₹385.00 | ₹366.70 |
TechD Cybersecurity IPO Company Financials
TechD Cybersecurity reports robust performance in FY2025 with Total Income of ₹30.23 crores, managing expenses at ₹18.87 crores, and achieving a strong PAT (Profit After Tax) of ₹8.40 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹7.59 | ₹6.32 | ₹0.94 |
| FY 2024 | ₹15.36 | ₹10.96 | ₹3.24 |
| FY 2025 | ₹30.23 | ₹18.87 | ₹8.40 |
About Company
TechD Cybersecurity Limited, originally founded as Techdefence Labs Solutions Private Limited in 2017, is a leading cybersecurity solutions provider offering end-to-end services to secure digital operations for enterprises. The company rebranded to its current name in July 2025 after transitioning to a public limited entity in late 2024. Headquartered in Ahmedabad, Gujarat, TechD is ISO 27001 certified and empanelled with CERT-In, underlining its adherence to global cybersecurity standards. Led by founders Sunny Vaghela and Piyush Rasiklal Vaghela, the company has built a strong presence in both domestic and international markets, serving sectors such as BFSI, manufacturing, healthcare, aviation, and government. Its offerings include Managed Security Services (MSSP), Cyber Program Management, Vulnerability Assessment and Penetration Testing (VAPT), Compliance Services, Specialized Security Services, and Staff Augmentation.
With a strong emphasis on cyber risk management, TechD maintains a robust Cyber Risk Management process and regularly updates its risk register to ensure effective threat mitigation. The company is trusted by major clients including Adani Group, Zensar Technologies, Astral Limited, Kedia Capital, 1 Cyber Valley, ETO GRUPPE Technologies GmbH, and IQM Corporation. Its comprehensive services are designed to safeguard organizations from cyber threats, data privacy issues, and operational disruptions. By providing tailored security solutions, TechD empowers clients to build resilient digital environments, protect sensitive data, and maintain business continuity across a wide range of industries and geographies.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2017 | IT (Information Technology) | Sunny Vaghela |
Know Before Investing
TechD Cybersecurity IPO Strengths
- Offers end-to-end cybersecurity solutions, including VAPT, managed security services, compliance consulting, cyber program management, and staff augmentation, addressing a full spectrum of client needs.
- Collaborates with respected OEMs such as Crowdstrike, Palo Alto, and Trend Micro, providing cutting-edge security tools and maintaining high technical standards.
- Invests in university tie-ups and ongoing professional training, ensuring a steady supply of cybersecurity experts and capacity to keep pace with evolving threats.
- Serves renowned clients such as Adani Group, Zensar Technologies, Astral Limited, and multiple international enterprises, reflecting trust and proven delivery capabilities.
- Services multiple verticals, including corporates, BFSI, government agencies, law enforcement, and educational institutions, mitigating sector-specific risks.
TechD Cybersecurity IPO Risks
- The cybersecurity sector is fast-changing; failure to innovate quickly may reduce competitiveness and erode market share.
- Revenue is concentrated in a few marquee clients; loss of any key account could materially impact financial results.
- The business relies on specialized cybersecurity professionals; high attrition or inability to recruit top talent could hinder service quality.
- Requirements for data protection, privacy, and sectoral certifications are stringent; any lapse may lead to reputational and financial penalties.
- Profitability remains vulnerable to cost escalation in salaries, technology, and competitive pricing, especially during rapid expansion phases.
- Increasing complexity of cyber threats necessitates bespoke solutions, posing execution risks for small teams.
Swot Analysis for TechD Cybersecurity IPO
Strengths
Comprehensive Service Portfolio, Industry Recognition, Rapid Financial Growth
Weaknesses
High Sector Concentration, Limited Scale Versus Global Majors, Client Concentration Risk
Opportunities
Growing Digital Risk Landscape, Skill Development and Training, Global Expansion
Threats
Competitive Intensity, Cyberattack or Breach Risk, Regulatory and Compliance Costs
Company Details
TechD Cybersecurity Ltd.
Office No. 901, 902, 903, 904 & 908, Abhishree Adroit, Nr. Swaminarayan Temple, Vastrapur, Ahmedabad, Gujarat-380015, India
Phone: +91 08645628421
Email: info@techdefence.com
Website: https://www.techdefencelabs.com/
IPO Registar Details
Purva Sharegistry (India) Pvt. Ltd.
Phone: +91-022-23018261/ 23016761
Email: newissue@purvashare.com
Website: https://www.purvashare.com/investor-service/ipo-query
FAQs
The key objectives of TechD Cybersecurity SME IPO are:
- Investment in Human resources
- Capital Expenditure for setting up Global Security Operation Centre (GSOC) at Ahmedabad
- General Corporate Purpose
GYR Capital Advisors Pvt. Ltd. is the book-running lead managers for the TechD Cybersecurity IPO.
TechD Cybersecurity IPO demonstrates strong growth with revenue doubling to ₹30.23 crore and net profit soaring to ₹8.40 crore in FY25. Serving 470 clients including major enterprises, the company’s scalability and rising demand for cybersecurity solutions underscore promising long-term expansion potential despite competitive and talent-related challenges.
The issue price for the TechD Cybersecurity IPO is set between ₹183 to ₹193 per share.
To invest in one lot of TechD Cybersecurity IPO, you need ₹2,19,600 at the lower price band (₹183 per share) or ₹2,31,600 at the upper price band (₹193 per share) for a lot size of 1200 shares.
TechD Cybersecurity IPO shares are scheduled to be listed on the National Stock Exchange (NSE) on September 22, 2025.
Refund/unblocking of funds for TechD Cybersecurity IPO will begin on September 19, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your TechD Cybersecurity IPO shares on listing day (September 22, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.