Kratikal Tech, a cybersecurity solutions provider, has opened its initial public offering for public subscription on the BSE SME platform.
The fresh issue of 2,940,000 shares is designed to raise ₹40 crore to fund business expansion, marking the company's entry into the public markets.
Early market sentiment appears bullish, with grey market indicators pointing to a potential listing pop of over 20%.
Early market sentiment appears bullish, with grey market indicators pointing to a potential listing pop of over 20%.
This speculative premium suggests strong initial demand from retail investors, who often drive volume in small-cap IPOs.
The grey market premium serves as an unofficial barometer of investor appetite before official subscription data is fully compiled.
The offering comes amid a broader trend of heightened activity in India's SME IPO segment.