The Trident Techlabs IPO has been announced for December 21, 2023, and will close on December 26, 2023. Read the post to learn about Trident Techlabs Limited IPO GMP.
Trident Techlabs plans to raise Rs 16.03 crore through an IPO. The price range is ₹33-₹35 per share. The minimum lot size for an application is 4000 shares. Retail investors must invest a minimum of ₹140,000. The minimum investment for HNI is 2 lots (8,000 shares) for ₹280,000.
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Key Details Of Trident Techlabs Limited IPO:
Bidding Dates
December 21-26
Price Range
₹33 to ₹35 per share
Face Value
₹10 per share
GMP
₹40
Trident Techlabs IPO GMP
The Trident Techlabs Limited IPO GMP Today is ₹40.
Trident Techlabs IPO Overview
Trident Techlabs’ IPO is a book-built offering of Rs 16.03 crore. The 45.8 lakh share offering is entirely fresh. Trident Techlabs’ initial public offering (IPO) starts on December 21, 2023 and ends on December 26, 2023. Trident Techlabs’ IPO allocation will be finalised on Wednesday, December 27, 2023. Trident Techlabs’ initial public offering (IPO) will debut on the NSE SME on Friday, December 29, 2023. Trident Techlabs’ IPO pricing range is 33-35 cents per share.
The application requires a lot size of 4000 shares. Retail investors must commit a minimum of ₹140,000. For HNIs, the minimum investment is two lots (8,000 shares) totalling ₹280,000. Trident Techlabs employs around 100 engineers and specialists.
Trident Techlabs IPO Details
| IPO Date | December 21, 2023 to December 26, 2023 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹33 to ₹35 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 4,580,000 shares (aggregating up to ₹16.03 Cr) |
| Fresh Issue | 4,580,000 shares (aggregating up to ₹16.03 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 12,701,064 |
| Share holding post issue | 17,281,064 |
| Market Maker portion | 360,000 shares |
Trident Techlabs Limited Financial Information
| Period Ended | 31 Oct 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 6,144.08 | 4,981.46 | 5,544.66 | 5,913.69 |
| Revenue | 2,114.33 | 6,824.16 | 2,987.80 | 2,833.98 |
| Profit After Tax | 266.13 | 554.81 | 64.49 | -32.69 |
| Net Worth | 2,470.68 | 1,653.73 | 1,383.57 | 1,318.11 |
| Reserves and Surplus | 1,200.57 | 1,609.86 | 1,055.05 | 990.56 |
| Total Borrowing | 2,532.47 | 2,299.60 | 2,959.99 | 3,044.34 |
Trident Techlabs IPO Timeline
| IPO Open Date | Thursday, December 21, 2023 |
| IPO Close Date | Tuesday, December 26, 2023 |
| Basis of Allotment | Wednesday, December 27, 2023 |
| Initiation of Refunds | Thursday, December 28, 2023 |
| Credit of Shares to Demat | Thursday, December 28, 2023 |
| Listing Date | Friday, December 29, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 26, 2023 |
Company Profile
Trident Techlabs Limited was created in 2000 and provided technology-based solutions to the aerospace, defence, automotive, telecommunications, semiconductor, and power distribution industries.
The company has two verticals:
- Engineering Solutions: Consulting and technical services in system-level electronic design, chip-level electronic design, embedded design, hydraulic/pneumatic systems, system modelling, reliability and quality, design automation, and power
electronics, PCB design, and electromagnetic simulations.
- Power System Solutions: Provide power distribution utilities with products and services that help them maximise the capacity of ageing transmission infrastructure, manage increasing intermittent generation from renewable energy sources, and implement smart grid technologies that complicate transmission investment decisions.
Registrar Info
| Name | Maashitla Securities Private Limited |
| Phone number | +91-11-45121795-96 |
| Email ID | [email protected] |
| Website | maashitla.com |
Contact Details
| Name | Trident Techlabs Limited |
| Phone number | +91 61811100 |
| Email ID | [email protected] |
| Website | tridenttechlabs.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Trident Techlabs IPO FAQs
When Trident Techlabs IPO will open?
The Trident Techlabs IPO dates are not announced. Please check back again after some time.
What is the lot size of Trident Techlabs IPO?
Trident Techlabs IPO lot size and the minimum order quantity is not available at this time.
When is Trident Techlabs IPO listing date?
The Trident Techlabs IPO listing date is not yet announced. The tentative date of Trident Techlabs IPO listing is [.].
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