Vijay Kedia-Backed Multibagger Cybersecurity Company Achieves Significant Milestone by Surpassing 1,000 Clients Globally – Stock Gains Over 600 Per cent!

In August alone, the company onboarded 240 new clients from 44 countries, signalling strong momentum in the cybersecurity market.

Vijay Kedia-backed Small-Cap company is a global leader in cybersecurity and India's first publicly listed company in this field. TAC Infosec Ltd recently achieved a significant milestone by surpassing 1,000 clients globally, reflecting its rapid expansion and commitment to growth. In August alone, TAC Security onboarded 240 new clients from 44 countries, signaling strong momentum in the cybersecurity market.

With an ambitious goal of becoming the world’s largest vulnerability management provider, TAC Security is targeting 3,000 clients by March 2025 and 10,000 by March 2026. This achievement highlights the company’s accelerating growth and dedication to providing enhanced cybersecurity solutions worldwide. Among its latest clients are prominent global brands such as WinZip and CloudHQ from the U.S., KONICA MINOLTA, INC. from Japan, Kiddom, SER Acquisition Inc., Meltwater News US Inc., and AVer Information Inc. These partnerships underscore TAC Security’s ability to deliver advanced cybersecurity solutions across a wide range of industries.

The new clientele spans several regions, including Australia, Canada, China, France, Germany, India, Israel, Japan, Latvia, Mexico, the Netherlands, Saudi Arabia, Singapore, South Korea, Vietnam, the United Kingdom, and the United States.

Founded in 2016, TAC Infosec Ltd provides risk-based solutions for vulnerability management, assessment, cybersecurity quantification, and penetration testing through a SaaS model.

Today, the shares of TAC Infosec Ltd closed the day at around Rs 787 per share on the NSE. The company’s current market capitalization stands at Rs 824.74 crore. Additionally, the shares have delivered an impressive return of around 50 per cent in the past 3 months and a multibagger return of around 645 per cent compared to its IPO price of Rs 106 each.

Ace investor Vijay Kedia owns a 10.95 per cent stake in the company as per Q1 FY25.

Check out my recent article here.

Disclaimer: The article is for informational purposes only and not investment advice.

1 comments on article "Vijay Kedia-Backed Multibagger Cybersecurity Company Achieves Significant Milestone by Surpassing 1,000 Clients Globally – Stock Gains Over 600 Per cent!"

Noob Trader

Interesting to read that TAC has 100s of client while it's glassdoor review shows employee have no work and less salary

9/15/2024 7:28 PM

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