Kratikal Tech IPO Closing Today
I Am Applying Full Force 👍
It's a Cybersecurity Company providing SaaS based cyber risk management solutions through its proprietary platforms
It has two segments:
▪︎ PSM solutions under the Threatcop brand
▪︎ Technology & Process Security Services under the Kratikal brand
It has a proprietary product
"AutoSecT", an AI-powered Vulnerability Management, Detection & Response (VMDR) and penetration testing platform
Very young Promoters, Growth is super good (~69% CAGR), Margins are great, solid return ratios, Debt-free
Clinetele: Kotak Mahindra Bank, AB Capital, Fortis, Himalaya, GMR, PVR, Lumina Datamatics, Pine Labs, Nykaa, Square Yards,
Max Life,Ultratech, Etc.
This is the 1st Company getting listed who has a proprietary product with a good scale with a track record, unlike peers who act like a system integrator
One of those very few high quality SME IPOs, This should trade at insane Multiples, would be looking to grab till 30-35% Premium