TechDefence Labs IPO: Date, Share Price, Review & Details
TechDefence Labs, a provider of cybersecurity solutions, is set for its stock market debut on the NSE Emerge platform on September 22, 2025, after a phenomenally successful Initial Public Offering (IPO). The public issue, which ran from September 15 to September 17, was oversubscribed by a staggering 718.30 times, indicating massive investor interest.
About TechDefence Labs Ltd.
Formerly known as Techdefence Labs Solutions Ltd, the company is a CERT-In empanelled cybersecurity solutions provider established in 2017. TechDefence Labs offers a comprehensive range of end-to-end services to enterprises across various sectors, including BFSI, manufacturing, and government. Its key services include:
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Managed Security Services (MSSP)
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Cyber Program Managed Services
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Vulnerability Assessment and Penetration Testing (VAPT)
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Compliance and Staff Augmentation Services
The company serves notable clients such as the Adani Group and Zensar Technologies and holds an ISO 27001 certification.
TechDefence Labs IPO Details (2025)
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IPO Open Date: September 15, 2025
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IPO Close Date: September 17, 2025
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Price Band: Rs 183 – Rs 193 per share
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Lot Size: 600 shares
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Minimum Investment: Rs 1,15,800 for retail investors at the upper price band.
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Issue Size: Rs 38.99 crore (entirely a fresh issue)
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Listing: NSE Emerge, with a tentative listing date of September 22, 2025.
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Registrar: Purva Share Registry (India) Private Limited.
Subscription and Listing Expectations
The IPO received an overwhelming response from investors, with the non-institutional investors (NII) category being subscribed an astounding 1,279.03 times and the retail category subscribed 726.06 times.
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Grey Market Premium (GMP): As of September 19, 2025, the GMP stood at Rs 210 per share.
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Expected Listing Price: Based on the upper price band of Rs 193 and the strong GMP, the stock is expected to list at around Rs 403, indicating a potential listing gain of over 108%.
Financial Performance
TechDefence Labs has demonstrated robust financial growth, which was a key driver for the strong investor interest. For the fiscal year ending March 31, 2025, the company reported:
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Revenue: Rs 30.23 crore, a 97% increase from the previous year.
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Profit After Tax (PAT): Rs 8.40 crore, a 159% jump from Rs 3.24 crore in FY24.
What You Can Find on This Page
This page provides a comprehensive overview of the TechDefence Labs IPO, including:
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Live IPO Subscription Status: A detailed breakdown of the subscription numbers.
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Grey Market Premium (GMP): The latest GMP updates to gauge market sentiment.
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Allotment and Listing Information: The basis of allotment was finalized on September 18, 2025, and the listing is scheduled for September 22, 2025.
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Financial Data: Access to detailed financial statements and key performance indicators.
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Analyst Reviews: Insights into the company's performance and prospects.
Frequently Asked Questions (FAQs) about TechDefence Labs IPO
Q1: What are the key dates for the TechDefence Labs IPO?
The IPO was open from September 15 to September 17, 2025. The allotment was finalized on September 18, and the listing is on September 22, 2025.
Q2: What was the price band and lot size for the IPO?
The price band was Rs 183 to Rs 193 per share, with a minimum lot size of 600 shares.
Q3: How was the investor response to the IPO?
The IPO was oversubscribed 718.30 times, with massive demand from non-institutional and retail investors.
Q4: How can I check the IPO allotment status?
You can check the allotment status on the registrar's website, Purva Shareregistry (India) Private Limited, or on the NSE website.
For the latest updates on the TechDefence Labs IPO, including its listing performance, keep visiting this page.