Tac Security's public issue to be India's 1st cybersecurity IPO

Investor Vijay Kedia-backed Tac Security's upcoming ₹29.99-crore public issue will be India's first cybersecurity IPO, if it successfully secures sufficient bids. The IPO will open on March 29. Founder Trishneet Arora will hold 54.02% stake in Tac Security following the IPO, while Kedia and his son Ankit will hold 10.95% and 3.65% stakes respectively. The IPO's price band is ₹100-106/share.