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Kratikal Tech Limited is a cybersecurity company offering threat intelligence, email security, vulnerability assessment and penetration testing (VAPT), and digital risk protection solutions, serving enterprise and government clients. Revenue grew from ₹13.28 Cr (FY24) to ₹21.15 Cr (FY25); PAT from ₹3.20 Cr to ₹4.23 Cr over the same period. IPO is entirely a fresh issue of ₹40 Cr, no OFS. Bookbuilding issue.