Kratikal Tech Ltd.
PROSPECTUS · filed 30 Jun 2026
Kratikal Tech Ltd. is a company operating in a highly employee-intensive industry. The IPO consists of a fresh issue of 39.69 crore shares with no offer for sale. The company faces high material risks regarding geographic concentration, negative investing cash flows, and evolving data protection laws. Additionally, a significant portion of revenue is derived from the top six states, and the business depends heavily on retaining skilled professionals.
Partial analysis — some sections could not be read from the document (found: capitalisation, cover, litigation, objects, price_basis, promoters, related_party, risks).
What stands out
Risk factor. The Company's revenues are geographically concentrated, with the top six states (Delhi, Haryana, Karnataka, Maharashtra, Tamil Nadu, and Uttar Pradesh) contributing 63.07% of total revenue in Fiscal 2026. Any adverse developments in these regions could adversely affect the business and financial per
Risk factor. The Company has experienced negative cash flows from investing activities, amounting to ₹972.50 lakh in Fiscal 2026, ₹399.77 lakh in Fiscal 2025, and ₹381.71 lakh in Fiscal 2024. Any such negative cash flows in the future could affect the business, results of operations, and prospects.
Risk factor. The Company's business is subject to evolving laws regarding privacy, data protection, and other related matters, including the Digital Personal Data Protection Act, 2023 and the Information Technology Act, 2000. Any perceived or actual breach of these laws, regulations, and standards could result i
Primarily fresh capital. 100% of the offer is fresh issue, so most proceeds fund the company.
How the offer is structured
Fresh issue
₹39.7 Cr
New capital into the company
OFS share
0%
- Investment in Threatcop FZ LLC, UAE and Threatcop AI Inc, USA (our subsidiaries) for expenditure towards sales & marketing activities and development of workforce resources₹23.1 Cr
- Investment in product development₹9.2 Cr
- General Corporate Purposes₹2.7 Cr
Promoters, litigation & related parties
Promoter (pre)
72.3%
Risks the company discloses
The Company's revenues are geographically concentrated, with the top six states (Delhi, Haryana, Karnataka, Maharashtra, Tamil Nadu, and Uttar Pradesh) contributing 63.07% of total revenue in Fiscal 2026. Any adverse developments in these regions could adversely affect the business and financial performance.(Geographic Concentration)
The Company has experienced negative cash flows from investing activities, amounting to ₹972.50 lakh in Fiscal 2026, ₹399.77 lakh in Fiscal 2025, and ₹381.71 lakh in Fiscal 2024. Any such negative cash flows in the future could affect the business, results of operations, and prospects.(Cash Flow)
The Company's business is subject to evolving laws regarding privacy, data protection, and other related matters, including the Digital Personal Data Protection Act, 2023 and the Information Technology Act, 2000. Any perceived or actual breach of these laws, regulations, and standards could result in investigations, regulatory inquiries, litigation, fines, injunctions, and negative customer sentiment.(Regulatory Compliance)
The Company is a highly employee-intensive industry, with Employee Benefit Expenses constituting 38.27% of revenue from operations in Fiscal 2026. A significant increase in this cost could lead to lower profitability. The Company's ability to execute projects and obtain new clients depends largely on its ability to attract, train, motivate, and retain highly skilled professionals.(Human Resources)
The Company's ability to diversify revenue across other geographies may be constrained by market entry barriers, longer sales cycles, or limited brand presence in new regions. If the Company is unable to sustain growth or mitigate concentration risk by expanding its customer base across additional States and regions, its business, financial condition, results of operations, and prospects may be materially and adversely affected.(Geographic Concentration)
The Company's cash outflow in Fiscal 2026 was primarily attributable to the purchase of property, plant and equipment and intangible assets amounting to ₹531.12 lakh and an increase in investments of ₹446.49 lakh.(Cash Flow)
The Company's cash outflow in Fiscal 2025 was primarily attributable to the purchase of property, plant and equipment and intangible assets amounting to ₹424.42 lakh.(Cash Flow)
The Company's cash outflow in Fiscal 2024 was primarily attributable to the purchase of property, plant and equipment and intangible assets amounting to ₹388.60 lakh.(Cash Flow)
No dimension score is published for this filing. Too few sections could be read from the document to score it without guessing, and a score built on two fields would say more about our extraction than about the company.