TechD Cybersecurity IPO opens for subscription on September 15, 2025, and closes on September 17, 2025, with a price band of ₹183 to ₹193 per share. The company, founded in 2017 and based in Ahmedabad, offers comprehensive cybersecurity solutions including Managed Security Services, Vulnerability Assessment, Compliance Services, and Training Programs. TechD Cybersecurity IPO presents investors a chance to enter the growing cybersecurity market with a strong client base and expanding international footprint.
₹173.70
₹193
₹366.70
Expert Opinions
Market sentiment for TechD Cybersecurity IPO is upbeat due to its rapid growth and strong presence in India’s burgeoning cybersecurity sector. The company’s strengths include an integrated portfolio of managed security services, vulnerability assessments, compliance offerings, and specialized training programs. It has marquee clients such as Adani Group and Zensar Technologies, and expanding international operations. Key risks include client concentration, competition from large global players, and talent retention challenges.
Valuation analysis of the financial year 2025 for TechD Cybersecurity IPO highlights an impressive Return on Equity (ROE) of 62.33%, Return on Capital Employed (ROCE) of 54.25%, and a Net Asset Value (NAV) of ₹40.55, underlining robust profitability and capital efficiency. Long-term investors might find value in its scalable, high-margin business model and growth potential in a critical sector.
Investor Considerations
TechD Cybersecurity IPO has demonstrated impressive company performance with revenues doubling from ₹15.36 crore in FY 2024 to ₹30.23 crore in FY 2025, while profit after tax surged from ₹3.24 crore to ₹8.40 crore. The cybersecurity sector outlook remains highly favorable due to rising digital threats and increasing enterprise focus on data protection. The TechD Cybersecurity IPO valuation for FY 2025 reflects a Price to Book Value of 4.76, a strong PAT margin of 28.18%, and a very low Debt to Equity ratio of 0.01, highlighting robust profitability and minimal leverage.
Growth prospects are supported by expanding service offerings, geographical diversification, and strategic OEM partnerships. Risks include client concentration in specific regions and competition from global cybersecurity firms. Investors with long-term investment goals may benefit from sector tailwinds and TechD’s scalable business model, while short-term investors should consider market volatility.
| Date | GMP | Trend |
|---|---|---|
| 21 Sep 2025 19.18 | ₹173.70 | --- |
| 20 Sep 2025 13.26 | ₹173.70 | --- |
| 19 Sep 2025 11.16 | ₹173.70 | --- |
| 17 Sep 2025 15.32 | ₹173.70 | Up |
| 16 Sep 2025 11.16 | ₹160 | Up |
| 15 Sep 2025 19.03 | ₹150 | Down |
| 13 Sep 2025 11.04 | ₹160 | --- |
| 12 Sep 2025 10.52 | ₹160 | --- |
| 11 Sep 2025 20.20 | ₹160 | Up |
| 10 Sep 2025 20.09 | ₹150 | --- |
FAQs
The Grey Market Premium showed moderate accuracy in predicting TechD Cybersecurity IPO’s listing performance. With a final GMP of ₹173.70, it projected a premium of about 90% over the issue price of ₹193, indicating a listing near ₹366.70. The stock indeed listed at ₹366.70, delivering a gain of 90%. This resulted in a negligible prediction error of 0%, where the GMP correctly signaled a strong positive listing and closely aligned with the actual gain, reflecting high reliability in this case.
TechD Cybersecurity IPO Current GMP is ₹173.70.
TechD Cybersecurity IPO Expected Returns is 90.00%.
TechD Cybersecurity IPO estimated listing price is ₹366.70.