
TechDefence Labs IPO Subscription Day 2
Posted by : sachet | Tue Sep 16 2025

Check Expert’s Verdicts on TechDefence Labs IPO
Here, TechDefence Labs IPO launched on 15th September 2025. The issue will be closed for bidding today, on 17th September 2025. The primary aim of TechDefence Labs IPO is to raise ₹38.99 crores from the market. Additionally, TechDefence Labs’ IPO has received an impressive level of subscription, which suggests that the shares will be listed at a remarkable premium. Scroll down to check the TechDefence Labs IPO subscription and details.
TechDefence Labs IPO Details
IPO Open Date | 15th September 2025 |
Face Value | ₹10 per share |
Price Band | ₹183 to ₹193 per share |
Lot Size | 600 Shares |
Issue Type | Bookbuilding IPO |
Listing At | NSE & SME |
IPO Close Date | 17th September 2025 |
Listing Date | 22nd September 2025 |
The price band for TechDefence Labs IPO has been prescribed as ₹183 to ₹193 per share, with a total of 20,20,200 shares issued. Let’s segregate the share quota fixed for different categories of investors.
Categories | Shares Offered | % Shares offered |
Market Maker Shares Offered | 1,01,400 | 5.02% |
QIB Shares Offered | 9,58,800 | 47.46% |
NII (HNI) Shares Offered | 2,88,000 | 14.26% |
Retail Investors | 6,72,000 | 33.26% |
Total Shares Offered | 20,20,200 | 100.00% |
TechDefence Labs IPO Subscription Status
As of now, the TechDefence Labs IPO has been subscribed to 21.87 times. Of these, 32.67 times are subscribed by retail investors, 25.27 times by non-institutional investors, and 0.43 times by QII (Qualified Institutional Investors).
The healthy subscription status indicates that investors are expecting higher returns at the time of the TechDefence Labs IPO listing on 22nd September 2025. TechDefence Labs also has a positive outlook behind the fresh issue of 0.20 crore shares, which is expected to raise around Rs 38.99 crore.
TechDefence Labs IPO GMP Today

We know that higher subscription prices encourage grey market premiums for IPOs. Let’s explore the TechDefence Labs IPO GMP for 16th September 2025.
The grey market premium for this IPO is 82.90% or Rs 160 per share. It indicates that the estimated listing price per share is Rs 353. Numerous factors played a pivotal role in this jump in the TechDefence Labs IPO GMP. These include higher subscription rates received, positive market sentiments, and investors’ positive attitude towards IPOs.
About TechDefence Labs Ltd.
Tech Defence Labs Limited was established in January 2017. TechDefence Labs Solutions Limited is a cybersecurity firm specialising in safeguarding digital assets for organisations worldwide. The company offers solutions for end-to-end services to enterprises to help businesses stay secure in the digital world. The company provides a wide range of services, including MSSP solutions, Cyber Program Management, VAPT, Compliance Services, Specialised Services, and Staff Augmentation to meet diverse client needs. Clients such as the Adani Group, Zensar Technologies, Astral Limited, Kedia Capital, 1 Cyber Valley, ETO GRUPPE Technologies GmbH, and IQM Corporation benefit from the company’s cutting-edge solutions, which enhance their cyber resilience and security.
Technical Indicators
Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of TechDefence Labs Limited.
Key Indicators | Value |
PE Ratio (Price-to-Earnings) | 32.51 |
EPS (Earnings Per Share) | 5.94 |
RoNW | 37.93% |
ROCE | 54.25% |
ROE | 62.33% |
EBITDA Margin | 40.48% |
Price to Book Value | 4.76 |
Market Capitalisation | ₹144.36 Cr |
TechDefence Labs IPO Listing Expectations
The TechDefence Labs IPO allotment is still pending. However, according to current GMP or market sentiments, it is reasonable to expect higher listing gains from the share. An 82.90% jump in TechDefence Labs’ IPO GMP indicates that the estimated listing price per share will be approximately Rs 353.
It will provide higher listing gains to investors who applied for this IPO. Additionally, the financial fundamentals of this business made it the experts’ top long-term recommendation.
TechDefence Labs IPO Dates
IPO Open Date | 15th September 2025 |
IPO Close Date | 17th September 2025 |
Allotment | 18th September 2025 |
Refund Date | 19th September 2025 |
IPO Listing Date | 22nd September 2025 |
Note: IPO GMP is highly volatile, influenced by market sentiment. Hence, one should conduct their research before investing in it.
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