TechD Cybersecurity Ltd.: It is a book-belt IPO of 2,020,200 equity shares, with a marked price of ₹ 10, collected up to 38.99 crores. There is a new issue of shares completely in this issue and is to be listed on the NSE SME Exchange.

TechD Cybersecurity Ltd. IPO Overview
The price band for IPO has been fixed between ₹ 183 and ₹ 193 per equity shares. The issue will be open for membership from September 15, 2025 to September 17, 2025. The company’s leading manager is GYR Capital Advisors Private. Limited, and Registrar Purva Shargry (India) Pvt. Limited
| Details | Descriptions |
|---|---|
| IPO Date | September 15, 2025 to September 17, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | ₹183 to ₹193 per share |
| Lot Size | 600 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 20,20,200 shares (aggregating up to ₹38.99 Cr) |
| Reserved for Market Maker | 1,01,400 shares (aggregating up to ₹1.96 Cr) |
| Net Offered to Public | 19,18,800 shares (aggregating up to ₹37.03 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 54,59,533 shares |
| Share Holding Post Issue | 74,79,733 shares |
TechD Cybersecurity Ltd. IPO Schedule
The TechD Cybersecurity Ltd. IPO is scheduled to open for subscription on September 15, 2025. The bidding window will close on September 17, 2025. All details are given below:
| Details | Description |
|---|---|
| IPO Open Date | Mon, Sep 15, 2025 |
| IPO Close Date | Wed, Sep 17, 2025 |
| Tentative Allotment | Thu, Sep 18, 2025 |
| Initiation of Refunds | Fri, Sep 19, 2025 |
| Credit of Shares to Demat | Fri, Sep 19, 2025 |
| Tentative Listing Date | Mon, Sep 22, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Sep 17, 2025 |
TechD Cybersecurity Ltd. IPO Lot Size Details
The minimum bid lot is 600 shares, and the minimum application amount for a retail investor, 2,31,600.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 1,200 | ₹2,31,600 |
| Individual investors (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 |
TechD Cybersecurity Ltd. IPO Allocation
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,01,400 (5.02%) |
| QIB Shares Offered | 9,58,800 (47.46%) |
| NII (HNI) Shares Offered | 2,88,000 (14.26%) |
| Retail Shares Offered | 6,72,000 (33.26%) |
| Total Shares Offered | 20,20,200 (100.00%) |
TechD Cybersecurity Ltd. IPO Promoter Holding
Promoters of the company are Mr. Sunny Piyashkumar Vaghela and Mr. Vagela Piyush Rasikalal. His joint holding pre-issue is 86.61%.
| Details | Promoter Holding (%) |
|---|---|
| Promoter Holding Pre Issue | 86.61% |
| Promoter Holding Post Issue | – |
TechD Cybersecurity Ltd. IPO Anchor Investors Details
The company raised 574,800 shares off 11.09 crores from the anchor investors. The date for anchor investors was September 12, 2025. The lock-in period for 50% of these shares ends on October 18, 2025, and on December 17, 2025 for the remaining 50%.
| Details | Description |
|---|---|
| Bid Date | September 12, 2025 |
| Shares Offered | 5,74,800 |
| Anchor Portion Size (In Cr.) | 11.09 |
| Anchor lock-in period end date for 50% shares (30 Days) | 18-Oct-25 |
| Anchor lock-in period end date for remaining shares (90 Days) | 17-Dec-25 |
Overview of TechD Cybersecurity Ltd.
Established in January 2017, Techd Cybersecurity Ltd. There is a customer-focused firm that provides extensive cyber security solutions to enterprises. Their services include the security service provider (MSSP) solution, vulnerability assessment and admission test (VAPT), compliance services and growth of employees. With a diverse customer focusing a strong focus on portfolio and innovation, the company aims to help businesses to protect its digital assets and to be safe in the constant danger landscape.
Company Financials
TechD Cybersecurity Ltd. Financial Information (Restated Standalone)
Based on the information available, the company has shown continuous financial growth, with revenue from ₹ 7.56 crore to Revenue FY23 to ₹ 29.79 crore in FY25. After tax (PAT), a significant increase in profit was also seen, which increased from ₹ 0.94 crore in FY 23 to FY 25 in FY 25.
| Period Ended | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 |
|---|---|---|---|
| Assets | 29.08 | 9.14 | 6.98 |
| Total 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 and Surplus | 16.68 | 4.79 | 1.55 |
Key Performance Indicator (KPI)
The market cap. of TechDefence Labs IPO is ₹144.36 Crores.
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| 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 |
TechD Cybersecurity Ltd. IPO Contact Details
- TechD Cybersecurity Ltd.
- Ofc. 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/
TechD Cybersecurity Ltd. IPO Registrar
Purva Sharegistry (India) Pvt.Ltd.
| Details | Descriptions |
|---|---|
| Phone: | +91-022-23018261/ 23016761 |
| Email: | newissue@purvashare.com |
| Website: | https://www.purvashare.com/investor-service/ipo-query |
TechD Cybersecurity Ltd. IPO FAQs
How to submit an application for the TechD Cybersecurity Ltd. using Zerodha?
You can apply online by logging into your Zerodha Console, navigating to the IPO section, and entering your UPI ID and bid details
When TechD Cybersecurity Ltd. IPO become available?
The IPO will open on September 15, 2025.
What is the minimum lot size for the TechD Cybersecurity Ltd. IPO?
The minimum lot size is 600 shares.
What is the process to apply for the TechD Cybersecurity Ltd. IPO?
You can apply online using ASBA through your bank’s net banking or UPI through a broker.
When will the shares for the TechD Cybersecurity Ltd. IPO be allotted?
The allotment is expected to be finalized on September 18, 2025.
What is the expected listing date for the TechD Cybersecurity Ltd. IPO?
The tentative listing date is September 22, 2025.
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