MediumPositive
Announced Fri, 3 Jul · 11:36 IST

Kratikal Tech IPO share allotment expected today: GMP, easy-to-follow steps to check status online

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Kratikal Tech, an AI-driven SaaS cybersecurity solutions provider, is expected to finalise its SME IPO share allotment on 3 July after the public issue closed with an overall subscription of 221 times—retail segment booked nearly 220 times and NII segment 325 times. The fresh issue of 29.40 lakh shares at a price band of ₹128 to ₹135 was aimed at raising about ₹40 crore, with proceeds earmarked for subsidiary investment, sales and marketing, workforce development, and product development. Grey market premium of ₹34 suggests a possible listing premium of around 25 percent over the issue price.