New Delhi, March 27 -- The Bombay Stock Exchange (BSE) has approved the Draft Red Herring Prospectus (DRHP) of Kratikal Tech Limited for its IPO. The company plans to issue up to 3,000,000 equity shares, each with a face value of Rs.10, in the forthcoming public offering.

The book running lead manager to the issue is Beeline Capital Advisors Private Limited, and KFin Technologies Limited is the registrar to the issue.

The company is going public through this IPO to invest in Threatcop FZ LLC, UAE, and Threatcop AI Inc., USA, for expenditures towards sales and marketing activities, development of workforce resources, investment in product development, and to cover general corporate purposes.

Kratikal Tech Limited is an AI-driven, Softwa...