Kratikal Tech Limited has submitted a regulatory filing to BSE Limited pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms that there has been no deviation or variation in the utilization of proceeds from its Initial Public Offer (IPO) compared to the objects stated in the Prospectus dated June 22, 2026.

The statement covers the half-year period ended September 30, 2026. It was reviewed by the company's Audit Committee and taken on record by the Board of Directors at their respective meetings held on November 05, 2026.

IPO and Fundraising Details

  • Mode of Fund Raising: Public Issues – SME IPO
  • Date of Raising Funds: Allotment was made on July 03, 2026, with trading approval received from BSE on July 07, 2026.
  • Amount Raised: ₹39.69 Crore
  • Issue Details: Fresh issue of 29,40,000 Equity Shares at a price of ₹135 per share, including a share premium of ₹125 per equity share.
  • Monitoring Agency: Care Ratings Limited

Utilization of Proceeds as of September 30, 2026

The breakdown of the IPO proceeds and their utilization is as follows:

| Object | Original Allocation (₹ Crores) | Funds Utilized (₹ Crores) | Unutilized Amount (₹ Crores) |

| Issue related expense | 4.66 | 4.25 | 0.41 |

| General Corporate Purposes | 2.72 | 0.00 | 2.72 |

| Investment in product development | 9.23 | 0.00 | 9.23 |

| Investment in subsidiaries (Threatcop FZ LLC, UAE & Threatcop AI Inc, USA) | 23.08 | 0.00 | 23.08 |

| Total | 39.69 | 4.25 | 35.44 |

Status of Unutilized Proceeds

The total unutilized balance of the IPO proceeds as of September 30, 2026, is ₹35,43,78,370.00 (Thirty-Five Crore Forty-Three Lakh Seventy-Eight Thousand Three Hundred and Seventy Only). This amount is held as follows:

1. ₹34,00,00,000.00 has been placed in Fixed Deposits (FDR).

2. The balance of ₹1,43,78,370.00 is lying in the Escrow Account.

Auditor Certification

The company's statutory auditors, M/s. ATK & Associates, Chartered Accountants (Firm Registration No. 0018918C), have provided a certificate (UDIN: 26404791JISVWS5823) dated November 05, 2026. Based on their examination of the company's records, they certified that the utilization of IPO proceeds is in accordance with the objects stated in the offer document. Their examination included a review of bank statements, general ledger, payment vouchers, and other supporting documents for the period from July 04, 2026, to September 30, 2026.

The auditors also confirmed several key points in their report:

  • All utilization is as per the disclosures in the Offer Document.
  • There has been no change in the means of finance for the disclosed objects.
  • All necessary Government/statutory approvals related to the objects have been obtained.
  • There are no major events affecting the viability of the objects or other information that would materially affect investor decision-making.

Governance and Compliance

  • The Audit Committee, after its review, had no comments.
  • The company has made this intimation available on its website at www.kratikal.com/.
  • The filing was signed by Anmol Gupta, Company Secretary & Compliance Officer, from Noida.