techd cybersecurity ipo gmp today
techd cybersecurity ipo subscription status
What is happening: major facts
Company and IPO Details: Techd Cybersecurity Ltd (East Techdefense Labs) is launching an SME IPO, which aims to raise around ₹ 38.99 crore through a new issue of ~ 20.20 million shares.
Goodreturns
+3
Mint
+3
Moneycontrol
+3
Membership status: As day 2, the IPO was given a total membership of about 88.92 × in total. The retail part is very strong, NII is even more, while QIB membership is low relative to others.
+2
Gahe
+2
Backer / Promoter: Vijay Kedia has ~ 7.20% stake.
Today's business
+1
Listing date: NSE SME was temporarily planned for September 22, 2025.
Mint
+2
Gahe
+2
Gray Market Premium (GMP) today
The current GMP IPO is about ₹ 160 at points price.
Mint
+4
IPO trend
+4
ipowiz.in
+4
In percentage conditions, it is about +82.90% premium compared to the maximum digit value of ₹ 193.
ipowiz.in
+1
Estimated listing price (IPO Price + Gmp). 353 is in Ballpark.
Mint
+2
ipowiz.in
+2
What does GMP mean and why it is growing
GMP (Gray Market Premium) is a market spirit indicator that investors believe that a stock will list above its IPO price. This is not official, and there are risk in fully relying on it. But, seeing the figures here, some things are standing out:
Strong investor enthusiasm: IPO is being subscribed heavy, especially in retail and NII categories. This pushes the GMP up, as people are ready to pay more in informal/pre-listing trades.
Gahe
+2
Mint
+2
Vijay Kedia's participation: Being a respected name supporting IPO promotes demand.
Today's business
+1
Cyber security as a subject: It is globally and a warm field in India. Growing cyber threats, more regulatory focus etc. make such companies attractive. Investors often expect good growth
Estimation of Listing Gain: Investors see GMP as shorthand for possible benefits on listing. If the GMP ~ ₹ 160, people hope that the stock may be listed above ₹ 193. This reduces the expectation demand.
Calculation / What investors can expect
Point Price: Suppose the IPO allocation price is high end, 193.
Estimated Listing Price: ₹ 193 + (160 (Gmp) = ₹ 353.
Expected listing benefits: approximately ~ 82–83% if it is estimated.
ipowiz.in
+2
Mint
+2
Risk and caution
Even though GMP is very high and everything seems to be Rosie, there are many caves:
GMP is informal: it is inspired by speculative demand, rumors and emotion. This can swing wildly near the listing date. Informal markets are not regulated.
ipowiz.in
+1
Membership does not give good financial guarantee: High demand does not always mean good profit or durable business model. For example, there is a need to examine the balance sheet, revenue growth, margin, etc., allegedly received for Techd has allegedly increased from ~ 2 crores to ~ 12 million in FY2 crore in FY 25. This can suggest collection issues.
Today's business
Can be evaluated: IPO is priced ~ 18 × FY25 P/E and about 5 × sales. For an SME IPO, it is aggressive, especially if development slows or competition is difficult. Investors should be ready for instability.
Today's business
Market status: IPO listing performance also depends on the mood of the broad market. If the markets become weak, even publicity does not help. In addition, the SME section is risky and low liquid.
Competition and operational risk: cyber security is competitive; New technologies, regulatory changes, customer brainstorming etc. will be more for future costs (for R&D, hiring, staying updated). Repetition by big players is a risk.
What investors should see
Allotment results (how many lots you get). If you have applied, what is the trend in allocation distribution.
GMP trend during the remaining membership days. If the GMP falls, it may indicate that the demand is cooling.
Final digit price: Whether it is closed at the top of the band (193) or less. This affects the listing benefits.
Financial performance disclosure: Particularly received, margin, retention, customer base, recurring vs.
What the company does with funds: installation of GSOC, hiring, expanding. The execution risk is real.
Listing Day Performance: How much premium it really opens, and how stable the price is.
My tech / potential landscape
techd cybersecurity ipo gmp today retail investor demand
If everything goes well, the listing may benefit 50-90% (assuming that GMP ~ ₹ ₹ 160). So one can lie a ₹ 193 IPO ~ ₹ 330 - ₹ 360.
If the GMP eliminates the investor's spirit, or the issues emerge (eg, weak financial, oversuply, regulatory concerns), then the listing premium may be low - perhaps ~ 30–60%.
If the market spirit is sour or a broad market reform, negative listing is possible, although in the current GMP it is less likely unless some major changes make.
TechD Cybersecurity IPO GMP Today Live Updates with Market Sentiment Analysis
ReplyDeleteTechD Cybersecurity IPO GMP Today: Should Investors Apply for Listing Gains?
TechD Cybersecurity SME IPO GMP Today: Latest Updates on Premium and Subscriptions
TechD Cybersecurity IPO GMP Today with Expected Returns and Listing Date