Gujarat's TechD Cybersecurity, Backed by Vijay Kedia, Announces IPO Opening on September 15th
AI-Generated Summary
TechD Cybersecurity Ltd, an Ahmedabad-based firm, is launching an Initial Public Offering (IPO) on the NSE Emerge platform from September 15-17, 2025, aiming to raise ₹39 crore. The IPO is significantly backed by renowned market investor Vijay Kedia, signaling strong investor confidence. Funds raised will support global expansion into North America, the Middle East, and Africa, and further develop India's largest integrated cybersecurity GSOC in Ahmedabad. The company reported robust financial growth in FY24-25 and serves over 470 clients.
In a nutshell
This IPO marks a significant development for a Gujarat-based cybersecurity firm, reinforcing Ahmedabad's emergence as a key hub for advanced security solutions. The strategic investment in a Global Security Operations Center and ambitious international expansion plans highlight India's growing influence in the global cybersecurity market.
Source: Lokmat Times