NSE SME IPO of TechD Cybersecurity subscribed 12.52 times

The initial public offer (IPO) of TechD Cybersecurity received bids for 1,81,02,600 shares as against 14,45,400 shares on offer, as per NSE data as of 17:00 hours on Monday (15 September 2025). The issue was subscribed 12.52 times. The issue opened for bidding on Monday (15 September 2025) and it will close on Wednesday (17 September 2025). The price band of the IPO is fixed at Rs 183 to Rs 193 per share. The minimum order quantity is 600 equity shares. The equity shares will list on NSE’s SME platform. The IPO comprises fresh issue of 20,20,200 equity shares. About 1,01,400 equity shares will be reserved for subscription by market maker to the issue. The net issue comprises of 19,18,800 equity shares. The issue and the net issue will constitute 27.01% and 25.65 %, respectively, of the post issue paid up equity share capital of the company The company intends to utilize the net proceeds for investment in human resource, capital expenditure for setting up Global Security Operation Centre (GSOC) at Ahmedabad and general corporate purpose. Ahead of the IPO, TechD Cybersecurity on 12 September 2025, raised Rs 11.09 crore from anchor investors. The board allotted 5.74 lakh shares at Rs 193 per share to 3 anchor investors. TechD Cybersecurity is a customer-centric cybersecurity solutions provider delivering end-to-end services to enterprises, helping businesses stay secure in the digital world. The company offers a comprehensive range of services, including Managed Security Services Provider (MSSP) solutions, Cyber Program Managed Services, Vulnerability Assessment and Penetration Testing (VAPT), Compliance Services, Specialized Services, and Staff Augmentation Services—all tailored to meet diverse client needs. Through these offerings, TechD empowers organizations to protect critical data, prevent cyber threats, and ensure smooth business operations. Its solutions are designed to eliminate data privacy risks, safeguarding businesses from unauthorized access and security breaches. TechD Cybersecurity is committed to delivering reliable, customer-focused cybersecurity services that keep clients’ businesses safe. The company serves both domestic and international markets, with a diverse clientele that includes Adani Group, Zensar Technologies, Astral, Kedia Capital, 1 Cyber Valley, ETO GRUPPE Technologies GmbH, and IQM Corporation—all of whom benefit from TechD’s cutting-edge solutions that enhance their cyber resilience. As of 30 June 2025, the company had total 147 employees. The company recorded revenue from operations of Rs 29.80 crore and net profit of Rs 8.40 crore for the period ended 31 March 2025.