Gujarat's TechD Cybersecurity Announces IPO with Vijay Kedia's Backing, Opening September 15th
AI-Generated Summary
TechD Cybersecurity Ltd., an Ahmedabad-based firm backed by investor Vijay Kedia, has announced its IPO on the NSE Emerge platform, opening September 15, 2025, with a price band of ₹183-193 per share to raise ₹39 crore. The company plans to use the funds for global expansion into North America, the Middle East, and Africa, and to develop India's largest integrated cybersecurity GSOC in Ahmedabad. This move aims to capitalize on the rapidly growing global and Indian cybersecurity markets.
In a nutshell
This IPO signifies a major milestone for a Gujarat-based cybersecurity firm, highlighting the state's growing prominence in the tech sector and attracting significant investor attention due to Vijay Kedia's backing. The company's ambitious expansion plans and development of a large GSOC in Ahmedabad further position Gujarat as a key hub in India's cybersecurity landscape.
Source: Lokmat Times
