Cybersecurity stock jumps 10% after its subsidiary plans to list on NASDAQ

Synopsis:: This cybersecurity stock was in momentum today, skyrocketing 10% following the news of the company’s subsidiary Cyberscope Web3 Security Inc. getting a ticker symbol ‘CYSC’ with Nasdaq. This highlights the potential listing of the subsidiary in the near future; let us read more about it.  

The shares of this company, which is a global cybersecurity company specialising in vulnerability management, had its shares in the news after the company, in its updates, informed about its subsidiary initiating the listing process by getting reserved the ticker symbol ‘CYSC’ with Nasdaq. 

With a market cap of Rs 1,710.59 crore, the shares of TAC Infosec Ltd zoomed almost 10 per cent, reaching a high of Rs 834.95 in today’s trading session when compared to its previous day’s closing price of Rs 762.15. The shares are trading at a PE of 88.5, whereas the industry PE is 25.8, and have given a return of 100% over the last 1 year. 

About the ticker Reservation and more. 

TAC Infosec Limited has announced a strategic development involving its wholly owned subsidiary, Cyberscope Web3 Security Inc., which has reserved the ticker symbol ‘CYSC’ with Nasdaq. This update signals an important preparatory step toward potential future listing activities or global expansion plans. While reserving a ticker does not equate to a confirmed IPO, it indicates that the subsidiary is positioning itself for greater visibility and alignment with global capital markets.

This move reflects TAC Infosec’s broader ambition to strengthen its footprint in the rapidly expanding Web3 and cybersecurity ecosystem. By securing a unique ticker on Nasdaq, Cyberscope is establishing early compliance and identity groundwork, which could support its brand presence internationally. It also underscores the company’s confidence in its technological capabilities and its intent to appeal to a global investor base, especially as Web3 security becomes increasingly critical for blockchain platforms and decentralised applications.

For TAC Infosec, such a step enhances its corporate profile and signals long-term strategic thinking. A Nasdaq-linked identity can improve credibility, attract partnerships and potentially open avenues for future fundraising or expansion initiatives. While no additional financial details or timelines have been shared, the announcement itself reinforces the company’s commitment to transparency and regulatory compliance, keeping stakeholders informed about developments within its subsidiaries. Overall, the reserved ticker represents a forward-looking milestone in the company’s growth journey. 

Financials and more. 

The revenue from operations is at Rs 29 crore in H1 FY26 versus Rs 12 crore in H1 FY25, which is an increase of about 142 per cent YoY. Similarly, the net profit also increased from Rs 7 crore in H1 FY25 to Rs 16 crore in H1 FY26, which is a growth of about 129% YoY. 

Ace investor Vijay Kedia, as of October, owns a 9.58% stake in the company. Although he reduced his stake in the company by 1.37% in the month of September, he previously held around a 10.95% stake in the month of March.

The data highlights of the company showcased strong momentum , with revenue per client rising 36%, from $1,200 in H1 FY24-25 to $1,682 in H1 FY25-26. This growth has come from upselling and cross-selling to existing clients, supporting the company’s target of achieving 20% growth on a half-yearly basis.

The charts reflect how TAC is deepening relationships with its customers and strengthening the value it derives from each account, showing healthy demand for its vulnerability management and cybersecurity offerings.

The Target vs Achievement update shows TAC is steadily moving toward its broader goals. Against a target of 10,000 clients by 2026, the company has already reached 7,500 clients, positioning it as the 5th largest vulnerability management company in the world.

On the expansion front, Cyberscope, the recently acquired subsidiary, has filled its F1 in the U.S., signalling progress toward its plans to tap global capital markets. Overall, the update reflects strong execution, rising client value, and growing global aspirations.

TAC Infosec is in the business of providing risk-based vulnerability management and assessment solutions, cybersecurity quantification, and services of penetration testing to organizations of any scale, size, and business through the SaaS model. It offers security software products and solutions in India and abroad.

Written by Leon Mendonca. 

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