TechDefence Labs IPO
Open SmeCurrent GMP
₹210 (+108.81%)
Price Band
₹ 183 – 193
Lot Size
600
Issue Size
₹38.99 Cr
Minimum Investment
₹231600 (1200 Shares)
Listing Date
22 September 2025
Subscription
718.38x
About the Company
Established in January 2017, TechDefence Labs Solutions Limited is a cybersecurity company dedicated to safeguarding digital assets and strengthening cyber resilience for organizations across the globe.
The company delivers end-to-end cybersecurity services that help enterprises stay protected in the ever-evolving digital landscape. Its diverse service portfolio includes MSSP solutions, Cyber Program Management, Vulnerability Assessment & Penetration Testing (VAPT), Compliance Services, Specialized Services, and Staff Augmentation, tailored to meet varied client requirements.
Renowned organizations such as Adani Group, Zensar Technologies, Astral Limited, Kedia Capital, 1 Cyber Valley, ETO GRUPPE Technologies GmbH, and IQM Corporation rely on TechDefence Labs’ cutting-edge solutions to secure their operations and mitigate risks.
Service Offerings
- Vulnerability Assessment & Penetration Testing (VAPT): Detecting and addressing security weaknesses in web and mobile applications.
- Security Operations Center (SOC) Services: Providing 24/7 monitoring and threat detection with rapid incident response.
- Cybersecurity Consulting: Delivering expert advisory on compliance, security frameworks, and risk management strategies.
- Domain Training: Conducting workshops and bootcamps to equip professionals with the latest cybersecurity knowledge and defense practices.
As of June 30, 2025, the company employs 147 professionals, reinforcing its capability to serve a growing global clientele.
Promoters
- Mr. Sunny Piyushkumar Vaghela
- Mr. Vaghela Piyush Rasiklal
Promoters Holding
Holding Pre Issue
86.61%
Holding Post Issue
0.00%
Objects of the Issue
The Company TechDefence Labs Solutions IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Investment in Human Resource
- Capital Expenditure for setting up Global Security Operation Centre (GSOC) at Ahmedabad
- General Corporate Purpose
Address / Contact Info
TechD Cybersecurity Ltd.
Office No. 901, 902, 903, 904 & 908,
Abhishree Adroit, Nr. Swaminarayan Temple
Vastrapur Ahmedabad, Gujarat, 380015
Phone: +91 08645628421
Email: info@techdefence.com
Website: https://www.techdefencelabs.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Monday, 15 September 2025
IPO Close Date
Wednesday, 17 September 2025
Basis of Allotment
Thursday, 18 September 2025
Initiation of Refunds
Friday, 19 September 2025
Credit of Shares to Demat
Friday, 19 September 2025
Listing Date
Monday, 22 September 2025 — NSE & BSE
Important Dates
Open Date
15 September 2025
Close Date
17 September 2025
Basis Of Allotment
18 September 2025
Listing Date
22 September 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 29.08 | 9.14 | 6.98 |
| Revenue | 30.23 | 15.36 | 7.59 |
| Profit After Tax | 8.4 | 3.24 | 0.94 |
| Net Worth | 0 | 0 | 0 |
| Reserve & Surplus | 16.68 | 4.79 | 1.55 |
| Total Borrowings | 0 | 0 | 0 |
EPS Pre
0.00%
EPS Post
0.00%
P/E Pre
0.00
P/E (Post Issue)
0.00x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI As On |
|---|---|
| ROE % | 62.33 |
| ROCE % | 54.25 |
| Debt / Equity | 0.01 |
| RoNW % | 37.93 |
| PbW | 0 |
| Pat Margin % | 40.48 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 384000 | 28.57 | 0 |
| Non-Institutional | 288000 | 21.43 | 0 |
| BNII | 192000 | 14.29 | 0 |
| SNII | 96000 | 7.14 | 0 |
| Retail Investors | 672000 | 50 | 0 |
| Total | 1344000 | 100 | 0 |
Subscription Status ( Wed, 17 Sep 25 01:39 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 384000 | 109122000 | 284.17x |
| Non-Institutional | 288000 | 368461800 | 1279.38x |
| BNII | 192000 | 291547800 | 1518.48x |
| SNII | 96000 | 76914000 | 801.19x |
| Retail Investors | 672000 | 487912800 | 726.06x |
| Total | 1344000 | 965496600 | 718.38x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 1,200 | 231,600.00 |
| Retail (Max) | 2 | 1,200 | 231,600.00 |
| S-HNI (Min) | 3 | 1,800 | 347,400.00 |
| S-HNI (Max) | 8 | 4,800 | 926,400.00 |
| B-HNI (Min) | 9 | 5,400 | 1,042,200.00 |
Registrar
Purva Sharegistry India Pvt Ltd
91 22 3522 0056 , 91 22 4961 4132
support@purvashare.com
https://www.purvashare.com
Book Running Lead Managers
- GYR Capital Advisors Private Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
TechDefence Labs IPO is a Book-building IPO worth ₹38.99 crores. The price band is ₹183 to 193 per share. The IPO opens on Mon, Sep 15, 2025 and closes on Wed, Sep 17, 2025. It will be listed on BSE and NSE. Purva Sharegistry India Pvt Ltd is the registrar.
The TechDefence Labs IPO opens on Mon, Sep 15, 2025 and closes on Wed, Sep 17, 2025
TechDefence Labs IPO Price Band is ₹183 to 193.
TechDefence Labs IPO lot size is 600, and the minimum amount required for application is ₹231600.
The minimum investment for TechDefence Labs IPO is approximately ₹231600 based on the upper price band.
To apply for the TechDefence Labs IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Wed, Sep 17, 2025. After submission, funds are blocked until the basis of allotment of TechDefence Labs IPO is finalised.
TechDefence Labs IPO issue size is ₹38.99 crores.
TechDefence Labs IPO allotment date is Sat, Jun 27, 2026.
The registrar for TechDefence Labs IPO is Purva Sharegistry India Pvt Ltd. Investors can go to Purva Sharegistry India Pvt Ltd website for IPO allotment status, refund processing, and other queries related to TechDefence Labs IPO through their official website or helpline.
The TechDefence Labs IPO GMP (Grey Market Premium) is ₹210 as of Mon, Sep 22, 2025. Based on the upper price band of ₹193 per share, the estimated TechDefence Labs IPO listing price is ₹403, indicating a potential listing gain of approximately 31% over the issue price.