TechD Cybersecurity Limited IPO
TechD Cybersecurity is a customer-centric cybersecurity solutions provider, offering end-to-end services that safeguard enterprises from digital threats, ensure compliance, and support secure business operations.
– Industry Presence: Serving BFSI, NBFC, Manufacturing, Healthcare, Aviation, Government Institutions, and more.
– Clientele: Includes Adani Group, Zensar Technologies, Astral Limited, Kedia Capital, 1 Cyber Valley, ETO GRUPPE Technologies GmbH, and IQM Corporation.
– Global Reach: Presence in both domestic and international markets, catering to enterprises across industries.
Business Model
TechD operates with two primary revenue streams:
1. Cybersecurity Services:
a) Vulnerability Assessment & Penetration Testing (VAPT) – Web, mobile, thick client, network, cloud, source code review.
b) Security Operations Center (SOC) – 24×7×365 monitoring, threat hunting.
c) Compliance Services – ISO 27001, GDPR, RBI, SEBI, HIPAA.
d) Specialized Services – vCISO, Red Teaming, Breach & Attack Simulation, Cyber Insurance, Cyber Forensics, Cyber Lab establishment.
e) Staff Augmentation – Providing skilled cybersecurity professionals (GRC, SOC analysts, SIEM engineers, security experts).
f) MSSP Services – Integration, implementation, and managed services of OEM products (CrowdStrike, Palo Alto, Zscaler, Trend Micro, etc.).
g) Cyber Program Managed Services – End-to-end cybersecurity management under one umbrella.
2. Training & Capacity Building:
a) University Partnerships: With Parul University, Silver Oak University, offering B.Tech, M.Tech, Diploma, M.Sc, and Integrated M.Sc courses in cybersecurity.
b) Corporate Training: Cybersecurity awareness, ISO Lead Auditor & Implementer training, Certified Cyber Security Expert (CCSE).
Competitive Strengths
i) Experienced Promoters & Management: Recognized cybersecurity experts with diverse industry and banking expertise.
ii) Comprehensive Service Offering: End-to-end cybersecurity services across compliance, SOC, VAPT, and MSSP.
iii) CERT-In Empanelment: Enhances trust with government and regulated industry clients.
iv) Talent Development: University partnerships ensure a steady supply of skilled cybersecurity professionals.
v) Proven Track Record & Diverse Clients: Trusted by leading enterprises across industries.
vi) OEM Partnerships: Strong alliances with global cybersecurity product vendors.
Outlook
TechD Cybersecurity is positioned as a leading integrated cybersecurity provider in India, with growing international recognition. By combining services, managed security, and talent development, the company addresses both immediate and long-term industry needs. Its strong compliance credentials, reputed clientele, and commitment to innovation position it for sustained growth, potential private equity interest, and eventual IPO readiness.
Objects of the TechD Cybersecurity Limited IPO:
TechD Cybersecurity Limited IPO Details:
Open Date: | Sep 15 2025 |
Close Date: | Sep 17 2025 |
Total Shares: | 20,20,200 |
Face Value: | ₹ 10 Per Equity Share |
Issue Type: | Book Building |
Issue Size: | 38.99 Cr. |
Lot Size: | 600 Shares |
Issue Price: | ₹ 183-193 Per Equity Share |
Listing At: | NSE Emerge |
Listing Date: | Sep 22 2025 |
Promoters And Management:
Financials of TechD Cybersecurity Limited IPO:
Particulars | FY2024-2025 | FY 2023-2024 | FY 2022-2023 |
Revenue from Operations | 29.79 | 15.06 | 7.55 |
EBITDA | 12.33 | 4.9 | 1.35 |
EBITDA Margins | 40.48% | 31.96% | 17.88% |
PAT | 8.39 | 3.24 | 0.94 |
PAT Margins | 28.18% | 21.51% | 12.45% |
ROCE | 54.25% | 72.07% | 40.29% |
Debt to Equity Ratio(In Times) | 0.01 | 0.38 | 1.05 |
Operating Cash Flows | -2.38 | -1.16 | 1.08 |
Comparison With Peers:
Companies | Revenue (in cr) | EBITDA Margins | PAT Margins | ROCE | D/E Ratio | MCap (in cr) | P/E |
Techd Cybersecurity Limited | 29.79 | 40.48% | 28.18% | 54.25% | 0.01 | 144.35 | 17.21 |
TAC Infosec Limited | 23 | 53% | 56.50% | 39.10% | 0.03 | 1,181 | 90.2 |
Sattrix Information Security Ltd | 44.63 | 15% | 9.07% | 23.70% | 0.05 | 157 | 38.9 |
Lead Manager of TechD Cybersecurity Limited IPO:
Registrar of TechD Cybersecurity Limited IPO:
Discussion on TechD Cybersecurity Limited IPO:
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