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Kratikal Tech Limited Files DRHP With BSE SME
Mumbai (Maharashtra) [India], January 6: Kratikal Tech Limited, an AI driven cybersecurity solutions provider and Software-as-a-Service (SaaS) cybersecurity solutions provider, has filed its Draft Red Herring Prospectus (DRHP) with BSE SME in preparation for its Initial Public Offering (IPO). The issue size comprises a Fresh Issue of up to 30,00,000 Equity Shares of face value [...]
Mumbai (Maharashtra) [India], January 6:Kratikal Tech Limited, an AI driven cybersecurity solutions provider and Software-as-a-Service (SaaS) cybersecurity solutions provider, has filed its Draft Red Herring Prospectus (DRHP) with BSE SME in preparation for its Initial Public Offering (IPO). The issue size comprises a Fresh Issue of up to 30,00,000 Equity Shares of face value of ₹10 each.
As Kratikal Tech moves forward with its IPO plans, the funds raised will be utilized for Global Market Expansion through investment in its subsidiaries, Threatcop FZ LLC (UAE) and Threatcop AI Inc (USA). These funds are allocated for expenditure towards sales & marketing activities and development of workforce resources in international markets. Additionally, proceeds will be invested in Product Development and to address general corporate purposes.
Beeline Capital Advisors Private Limited has been appointed as the Book Running Lead Manager to the Issue, while KFin Technologies Limited will serve as the Registrar to the Issue.
