TechD Cybersecurity Ltd - IPO

TechD Cybersecurity Ltd IPO Details

Initial public offer of upto 20,20,200 equity shares of face value of Rs. 10/- each (Equity Shares) of Techdefence Labs Solutions Limited (the Company or Issuer) at an issue price of Rs. 193 per equity share (including a share premium of Rs. 183 per equity share) for cash, aggregating up to Rs. 38.99 crores (Public Issue) out of which 1,01,400 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 193 per equity share for cash, aggregating Rs. 1.96 crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of 19,18,800 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 193 per equity share for cash, aggregating up to Rs. 37.03 crores is hereinafter referred to as the Net Issue. The public issue and net issue will constitute 27.01 % and 25.65 % respectively of the post-issue paid-up equity share capital of the company.

Objective of issue

Investment in Human resources. Capital expenditure for setting up Global Security Operation Centre (GSOC) at Ahmedabad. General corporate purpose.

TechD Cybersecurity Ltd Contact Details

TechD Cybersecurity Ltd, 9 ShivShakti Indl Es, J R Boricha Marg, Lower Parel, Mumbai - 400 011

Phone - 91-22-23010771/23018261

Fax - 91-22-23012517

Email - info@techdefence.com

Website - www.techdefencelabs.com