Kratikal Tech Limited, the India-based AI-powered cybersecurity company, co-founded by Nepali entrepreneur Dip Jung Thapa, has made history with its IPO being oversubscribed by 205.08 times on the Bombay Stock Exchange (BSE).
The listing is believed to be the first venture company founded by a Nepali entrepreneur on the Indian stock market.
The IPO opened for subscription on June 30, 2026, and closed on July 2, 2026.
Founded in 2013 in Noida by three college friends — Dip Jung Thapa, Pavan Kumar, and Paratosh Kumar — Kratikal Tech Limited has grown into a trusted provider of cutting-edge cybersecurity solutions.
Originally from Khotang, Thapa serves as Co-Founder and Chief Operating Officer. A B.Techgraduate from Motilal Nehru National Institute of Technology (MNNIT), he previously worked as a Product Manager at Paytm.
He said the IPO marks the beginning of Kratikal's next phase of growth, with plans to expand into the United States and the Middle East.
The company has also partnered with GAP Technologies in Nepal to strengthen cybersecurity capabilities in its founders’ homeland.
