“A major highlight of TechD’s IPO journey is the backing of renowned market stalwart Vijay Kedia, whose association underscores strong investor confidence in the company’s vision and growth trajectory,” a release noted.
The company plans to deploy the IPO proceeds towards strategic growth initiatives. About Rs 26 crore will be invested in strengthening human resources, supporting TechD’s expansion into North America, the Middle East, Africa.
Additional funds will be directed towards developing Global Security operations center infrastructure under the TechDefence Cyber Valley project in Ahmedabad, which includes India’s largest integrated cybersecurity GSOC.
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Business Profile
Founded in 2017 by cyber entrepreneur Sunny Vaghela, TechD Cybersecurity has rapidly built a team of 160 professionals across seven Indian cities. The company serves 470+ clients, including 120 SMEs, 127 co-operative banks and fintechs, 200 SEBI-registered entities, and leading corporations such as Adani, Torrent, Astral, ETO Gruppe, and Zensar Technologies.
“Through this IPO, we aim to accelerate our global expansion into North America, the Middle East, Africa, and Australia, while positioning Gujarat as the cybersecurity capital of India,” said Vaghela.
Financials
In FY25, TechD Cybersecurity reported a profit after tax (PAT) of Rs 8.37 crore, reflecting a 158% YoY increase, alongside a robust 98% YoY revenue growth.
Outlook
TechD is also investing heavily in talent development and capacity building. The company has trained more than 3,000 students through academic partnerships and is setting up India’s largest integrated cybersecurity GSOC (Global Security Operations Center) in Ahmedabad.
The upcoming facility will include an R&D hub, training center, experience zone, and a 230×3-seater SOC, expected to be the largest in the country.
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