TechD Cybersecurity IPO description – Established in 2017, TechD Cybersecurity is a CERT-In empanelled cybersecurity solutions provider with 126 employees as of 28 February 2025. The company delivers end-to-end services across industries, including BFSI, NBFCs, manufacturing, healthcare, aviation, and government institutions. Its service portfolio spans Managed Security Services Provider (MSSP) solutions, Cyber Program Managed Services, Vulnerability Assessment and Penetration Testing (VAPT), Compliance Services, Specialized Services, and Staff Augmentation.
TechD’s clientele includes global and domestic enterprises such as Adani Group, Zensar Technologies, Astral Limited, Kedia Capital, 1 Cyber Valley, ETO GRUPPE Technologies GmbH, and IQM Corporation. With a diversified business model, the company generates revenue through two primary streams: services and training. As a knowledge partner with universities, TechD strengthens industry talent pipelines by offering B.Tech. and M.Tech. cybersecurity programs.
On the technology front, the company is investing in AI, ML, SOAR, and UEBA to enhance threat detection, log analysis, and incident response. International expansion plans include Southeast Asia, the Middle East, Europe, and North America, with a focus on compliance frameworks like GDPR.
Promoters of TechD Cybersecurity – Sunny Piyushkumar Vaghela and Vaghela Piyush Rasiklal
Table of Contents
Techdefence Labs Solutions IPO Details
| TechD Cybersecurity IPO Dates | 15 – 17 September 2025 |
| TechD Cybersecurity Issue Price | INR 183 – 193 per share |
| Fresh issue | 20,20,200 shares (INR 36.97 – 38.99 crore) |
| Offer For Sale | Nil |
| Total IPO size | 20,20,200 shares (INR 36.97 – 38.99 crore) |
| Minimum Bid | 1,200 shares (INR 2,31,600) |
| Lot Size | 600 shares (INR 1,15,800) |
| Face Value | INR 10 per share |
| Individua Allocation | 35% |
| Listing On | NSE EMERGE |
TechD Cybersecurity Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 7.56 | 15.07 | 29.80 |
| Expenses | 6.32 | 10.96 | 18.87 |
| Net income | 0.94 | 3.24 | 8.40 |
TechD Cybersecurity Offer News
- TechD Cybersecurity RHP
- TechD Cybersecurity Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
TechD Cybersecurity Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 1.98 | 6.82 | 16.44 |
| PE ratio | – | – | 11.13 – 11.74 |
| RONW (%) | 60.31 | 67.50 | 60.31 |
| NAV | 3.29 | 10.11 | 40.55 |
| ROCE (%) | 40.29 | 72.07 | 54.25 |
| EBITDA (%) | 17.88 | 31.96 | 40.48 |
| Debt/Equity | 1.05 | 0.38 | 0.01 |
TechD Cybersecurity IPO GMP Today
| Date | Consolidated IPO GMP | Subject to Sauda |
| 20 September 2025 | 200 | 95,000 |
| 19 September 2025 | 200 | 95,000 |
| 18 September 2025 | 187 | 88,500 |
| 17 September 2025 | 157 | 71,000 |
| 16 September 2025 | 157 | 71,000 |
| 15 September 2025 | 153 | 68,500 |
| 13 September 2025 | 153 | 68,500 |
| 12 September 2025 | 153 | 68,500 |
| 11 September 2025 | 150 | 66,500 |
| 10 September 2025 | 100 | 45,000 |
TechD Cybersecurity IPO Shareholders
| Shareholder | Number of Equity Shares | Share Holding (%) |
| Mr. Sunny Piyushkumar Vaghela | 47,04,650 | 86.17 |
| Mr. Vijay Kishanlal Kedia | 3,93,100 | 7.20 |
| M/s Ativir Financial Services | 68,400 | 1.25 |
TechD Cybersecurity IPO Subscription – Live Updates
| Category | QIB | NII | Individual | Total |
|---|---|---|---|---|
| Shares Offered | 3,84,000 | 2,88,000 | 6,72,000 | 13,44,000 |
| 17 Sep 2025 | 284.17 | 1279.38 | 726.06 | 718.37 |
| 16 Sep 2025 | 7.48 | 173.17 | 112.78 | 95.63 |
| 15 Sep 2025 | 0.43 | 14.40 | 19.25 | 12.83 |
The market maker reservation portion of 1,01,400 shares and the anchor investor portion of 5,74,800 shares are not included in the above calculations.
TechD Cybersecurity IPO Allotment Status
TechD Cybersecurity IPO allotment status will be available on Purva Sharegistry’s website. Click on this link to get the allotment status.
TechD Cybersecurity IPO Dates & Listing Performance
| IPO Opening Date | 15 September 2025 |
| IPO Closing Date | 17 September 2025 |
| Finalization of Basis of Allotment | 18 September 2025 |
| Initiation of refunds | 19 September 2025 |
| Transfer of shares to demat accounts | 19 September 2025 |
| IPO Listing Date | 22 September 2025 |
| Opening Price on NSE SME | INR 366.70 per share (up 90%) |
| Closing Price on NSE SME | Coming soon |
TechD Cybersecurity Offer Lead Manager
GYR CAPITAL ADVISORS PRIVATE LIMITED
428, Gala Empire, Near JB Tower, Drive-in Road,
Thaltej, Ahmedabad-380 054, Gujarat, India
Phone: +91 8777564648
Email: [email protected]
Website: www.gyrcapitaladvisors.com
TechD Cybersecurity Offer Registrar
PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED
9, Shiv Shakti Industrial Estate, J.R. Boricha Marg, Lower
Parel (East) Mumbai-400011, Maharashtra, India
Phone: + 91- 022-4961 4132
Email: [email protected]
Website: www.purvashare.com
TechD Cybersecurity Contact Details
TECHD CYBERSECURITY LIMITED
Office No. 901, 902, 903, 904 & 908,
Abhishree Adroit, Nr. Swaminarayan Temple,
Vastrapur, Ahmedabad, Gujarat-380015, India
Phone: +91 08645628421
E-mail: [email protected]
Website: www.techdefencelabs.com
IPO FAQs
What is the TechD Cybersecurity Offer size?
TechD Cybersecurity’s offer size is INR 36.97 – 38.99 crores.
What is the TechD Cybersecurity offer price band?
TechD Cybersecurity’s public offer price is INR 183 – 193 per share.
What is the lot size of the TechD Cybersecurity IPO?
TechD Cybersecurity offer lot size is 600 shares.
What is TechD Cybersecurity IPO GMP today?
TechD Cybersecurity IPO GMP today is INR 200 per share.
What is the TechD Cybersecurity kostak rate today?
TechD Cybersecurity kostak rate today is INR NA per application.
What is TechD Cybersecurity’s IPO Subject to Sauda rate today?
TechD Cybersecurity Subject to Sauda rate today is INR 95,000 per application.