Kratikal Tech IPO GMP Today, Price & Details
Kratikal Tech IPO GMP Today, Price Band, Subscription Status, Allotment & Listing Details
About Kratikal Tech
Kratikal Tech is venturing into the public market via an SME IPO on the BSE, aiming to raise ₹40 Cr. This company operates in the technology sector, specializing in solutions likely related to digital transformation and IT services. While the provided data doesn't detail specific services, its financial performance suggests a growing enterprise. The IPO structure comprises a fresh issue, indicating that the company intends to use the capital for its expansion and operational needs, rather than primarily for existing shareholders to exit.
Financially, Kratikal Tech has demonstrated a notable trajectory. For the period reported, it achieved revenues of ₹6.48 Cr with a Profit After Tax (PAT) of ₹0.73 Cr. This translates to an Earnings Per Share (EPS) of ₹5.64. The company boasts a strong Return on Net Worth (RONW) of 36.67% and an even more impressive Return on Capital Employed (ROCE) of 45.73%, highlighting efficient use of its capital. The EBITDA margin stands healthy at 26.44%, suggesting good operational profitability.
Kratikal Tech's competitive positioning appears solid, given its high return ratios. The IPO's proceeds are earmarked for working capital requirements and general corporate purposes, which are crucial for supporting its growth initiatives. As an SME IPO, it offers an opportunity to invest in potentially high-growth businesses at an earlier stage. The price band is set between ₹128 and ₹135 per share, with a lot size of 1000 shares, making the minimum investment ₹135,000.
Kratikal Tech IPO — Investment Analysis
Let's dive into the valuation of Kratikal Tech's IPO. The company is offering shares at a price band of ₹128 to ₹135, with a reported EPS of ₹5.64. This translates to a Price-to-Earnings (P/E) ratio of approximately 22.7x to 23.94x at the upper and lower ends of the price band, respectively. When we consider the reported P/E of 23.94x, it suggests a valuation that isn't excessively demanding for a tech company, especially given its strong return ratios. However, it's crucial to compare this with industry peers to ascertain if it's truly attractive or on the pricier side. The Net Asset Value (NAV) per share is ₹18.67, making the issue priced at a significant premium to its book value.
Financially, Kratikal Tech appears to be on a healthy footing. The company reported revenues of ₹6.48 Cr and a PAT of ₹0.73 Cr. What's particularly impressive are its return ratios: a RONW of 36.67% and a ROCE of 45.73%. These figures indicate that the company is effectively utilizing its equity and overall capital to generate profits. The EBITDA margin of 26.44% also points to strong operational efficiency and profitability before interest, taxes, depreciation, and amortization. This strong financial performance is a positive sign for potential investors.
Looking at growth prospects, the company's utilization of funds for working capital and general corporate purposes suggests a focus on organic expansion. However, being an SME, growth can be volatile. Key risks include intense competition within the tech sector, potential execution challenges in scaling operations, and the inherent risks associated with SME IPOs, such as lower liquidity compared to mainboard listings. The fact that this is a pure fresh issue means all funds go into the company, which is generally positive for growth, but there's no OFS component diluting existing shareholders' stakes.
The subscription data is quite striking, with QIBs showing an overwhelming interest of 145.82x, leading the total subscription to the same level. Retail and NII categories are marked at 0x, which is highly unusual and suggests either a data anomaly or that the subscription period hasn't opened yet or has just closed with minimal participation from these segments. The massive QIB subscription indicates strong institutional confidence, but the 0x for retail and NII needs clarification. This overwhelming QIB demand could drive listing gains, but the lack of retail interest is a curious point to ponder.
Investors should consult a SEBI-registered financial advisor before making investment decisions.
Disclaimer: This analysis is auto-generated from publicly available financial data and should not be considered investment advice. Always consult a SEBI-registered financial advisor before making investment decisions.
Kratikal Tech IPO — Pros & Cons
Strengths
- The company exhibits exceptional return ratios, with a RONW of 36.67% and ROCE of 45.73%. These strong metrics suggest efficient capital allocation and profitability, which are attractive qualities for investors seeking well-managed businesses.
- Kratikal Tech boasts a healthy EBITDA margin of 26.44%, indicating robust operational efficiency and strong control over its cost structure. This profitability metric is a positive sign for sustained financial health.
- The IPO is a pure fresh issue, with the entire ₹40 Cr being raised for the company's own use. This means the funds will be deployed towards working capital and general corporate purposes, supporting future growth and expansion.
- The significant interest from Qualified Institutional Buyers (QIBs), subscribing 145.82x, signals strong institutional confidence in the company's business model and future prospects. This level of institutional backing is a powerful endorsement.
- With an EPS of ₹5.64 and a P/E of 23.94x, the valuation, while not extremely cheap, appears reasonable for a company demonstrating such strong financial performance and return metrics within the tech sector.
Risks
- The subscription figures for Retail and NII investors are listed as 0x, which is highly unusual and requires further investigation. This could indicate a data error or exceptionally low participation, raising questions about broader investor interest.
- As an SME IPO, Kratikal Tech will be listed on the BSE SME platform, which typically has lower trading volumes and liquidity compared to mainboard exchanges. This could make it harder for investors to exit their positions quickly.
- The Net Asset Value (NAV) per share stands at ₹18.67, while the IPO price band is between ₹128 and ₹135. This implies the issue is priced at a substantial premium to its book value, which might be a concern for value-conscious investors.
- The tech sector is known for its rapid evolution and intense competition. Kratikal Tech, like any player in this space, faces the risk of technological obsolescence and increased competition, which could impact its growth trajectory.
- While the company shows strong profitability, the reported revenue of ₹6.48 Cr is relatively modest. Scaling this revenue significantly while maintaining profitability could be a challenge as the company grows.
Kratikal Tech IPO Details
| Company Name | Kratikal Tech |
|---|---|
| IPO Type | SME |
| Exchange | BSE |
| Price Band | ₹128 - ₹135 |
| Face Value | ₹10 per share |
| Lot Size | 1000 shares |
| Min Investment | ₹135,000 |
| Total Issue Size | ₹40.00 Cr |
|---|---|
| Registrar | Kfin Technologies Ltd. |
| Lead Manager | Beeline Capital Advisors Pvt.Ltd. |
| IPO Status | Listed |
Kratikal Tech IPO Dates
Kratikal Tech IPO Subscription Status
Kratikal Tech IPO Listing Performance
Kratikal Tech IPO listed on BSE on 07 Jul 2026 at ₹192, a premium of 42.2% over the issue price of ₹135. Investors who received allotment made a profit of ₹57,000 per lot (1000 shares) on listing day.
Kratikal Tech IPO — Key Highlights
- Kratikal Tech has achieved a remarkable RONW of 36.67% and ROCE of 45.73%, showcasing superior capital efficiency.
- The company maintains a strong EBITDA margin of 26.44%, indicating robust operational profitability.
- The Qualified Institutional Buyers (QIBs) have shown immense interest, subscribing 145.82x, which is a strong endorsement.
- The IPO is a pure fresh issue raising ₹40 Cr, with funds intended for working capital and general corporate purposes to fuel growth.
- The EPS stands at ₹5.64, and the P/E ratio is 23.94x, suggesting a valuation that considers its growth potential and profitability.
- The Net Asset Value (NAV) per share is ₹18.67, highlighting a significant premium at the IPO price band of ₹128 - ₹135.
Kratikal Tech Financial Performance
| Metric (₹ Cr) | FY 2023 | FY 2024 | FY 2025 | Q1 FY 2026 |
|---|---|---|---|---|
| Revenue | 9.14 | 13.02 | 20.85 | 6.48 |
| Expenses | 9.40 | 9.36 | 15.65 | 5.51 |
| Net Income (PAT) | 5.82 | 3.20 | 4.23 | 0.73 |
| Margin (%) | 0.65% | 24.58% | 20.29% | 11.27% |
Kratikal Tech IPO Valuations & Key Metrics
Valuation Ratios
| EPS | ₹5.64 |
|---|---|
| P/E Ratio | 23.94x |
| NAV | ₹18.67 |
| Current Ratio | 1.98 |
| Debt/Equity | 0.000 |
Return Metrics
| RONW (%) | 36.67% |
|---|---|
| ROCE (%) | 45.73% |
| EBITDA Margin | 26.44% |
Kratikal Tech IPO Reservation / Allocation
Kratikal Tech IPO Anchor Investors
| Bid Date | Coming soon |
|---|---|
| Shares Offered | Coming soon |
| Anchor Portion (INR Cr.) | Coming soon |
| Anchor lock-in period end date for 50% shares (30 Days) | Coming soon |
| Anchor lock-in period end date for remaining shares (90 Days) | Coming soon |
Kratikal Tech IPO Lead Manager & Registrar
Book Running Lead Manager
Beeline Capital Advisors Pvt.Ltd.
IPO Registrar
Kfin Technologies Ltd.
Kratikal Tech IPO — Frequently Asked Questions
What is Kratikal Tech IPO GMP today?
As of today, the Grey Market Premium (GMP) for Kratikal Tech IPO is ₹78 per share, indicating a potential listing premium of 57.8% above the issue price of ₹135.
What is the price band and lot size of Kratikal Tech IPO?
Kratikal Tech IPO has a price band of ₹128 to ₹135 per equity share with a face value of ₹10. The minimum lot size is 1000 shares, requiring a minimum investment of ₹135,000 at the upper band.
What are the important dates for Kratikal Tech IPO?
Kratikal Tech IPO opens for subscription on 30 Jun 2026 and closes on 02 Jul 2026. The shares are expected to list on BSE on 07 Jul 2026.
What is the investor category allocation in Kratikal Tech IPO?
The shares are reserved as follows — Qualified Institutional Buyers (QIB): 49.78%, Non-Institutional Investors (NII/HNI): 15.16%, and Retail Individual Investors: 35.05%.
How can I apply for Kratikal Tech IPO?
You can apply for Kratikal Tech IPO through your bank's net banking ASBA facility or via UPI-based application through any stockbroker platform. Ensure you have sufficient funds in your bank account as the amount will be blocked until allotment. The registrar for this IPO is Kfin Technologies Ltd..
What is the subscription status of Kratikal Tech IPO?
Kratikal Tech IPO has been subscribed 145.82 times overall. Retail category: 0.00x, NII/HNI: 0.00x, QIB: 145.82x.
What is Kratikal Tech IPO price band and lot size?
The Kratikal Tech IPO is open with a price band of ₹128 to ₹135 per share. Each lot consists of 1000 shares, meaning the minimum investment required is ₹135,000 (at the upper price band). The face value of each share is ₹10.
Is Kratikal Tech IPO worth investing in?
Kratikal Tech presents a mixed picture. On one hand, it shows strong financial health with impressive return ratios like RONW of 36.67% and ROCE of 45.73%, alongside a healthy EBITDA margin of 26.44%. The P/E of 23.94x is not excessively high given these metrics.
However, concerns include the unusually low retail and NII subscription figures (0x) and a significant premium to its NAV of ₹18.67. Investors should weigh these factors carefully. This is informational analysis based on available data, not investment advice. Investors should consult a SEBI-registered financial advisor before making investment decisions.
What is Kratikal Tech IPO GMP today?
Grey Market Premium (GMP) for the Kratikal Tech IPO is currently not available or not widely reported. GMP is an unofficial indicator of demand in the grey market and can fluctuate. It's important to remember that GMP is highly speculative and should not be the sole basis for investment decisions.
How to apply for Kratikal Tech IPO?
You can apply for the Kratikal Tech IPO through the ASBA (Application Supported by Blocked Amount) facility provided by your bank or through a broker using your demat account. Applications are typically processed via UPI, where funds are blocked and debited only upon allotment. The registrar for this IPO is Kfin Technologies Ltd.