Trident Techlabs Limited

Offer PeriodDec 21, 2023 – Dec 26, 2023

NSE - SMEListed

Listed Price

₹98.15

+180.43%

Price Band₹33 - ₹35

Lot Size4,000 Shares

Allotment DateDec 27, 2023

Listing DateDec 29, 2023

Subscription763.3 Times

Issue Size₹16.03 Cr

Check Allotment

Share IPO Trend

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹40
(114.29%)

Premium (ELP)

Trident Techlabs Limited's completed its IPO journey with a successful listing on NSE on Dec 29, 2023. The public offering mobilized 45,80,000 Shares in total capital, comprising 45,80,000 Shares in fresh equity.

The offering was conducted within the price band of ₹33 to ₹35, with minimum application lots of 4000 shares. Investor participation during the Dec 21, 2023 to Dec 26, 2023 subscription window determined the final allocation pattern.

The basis of allotment was announced on Dec 27, 2023, finalizing share distribution to successful applicants. The listing represents a significant corporate development, providing the company with enhanced visibility and access to public capital markets.

Trident Techlabs IPO Details

IPO Date

Dec 21, 2023 to Dec 26, 2023

Allotment Date

Dec 27, 2023

List Date

Dec 29, 2023

Lot Size

4,000 share

Issue Price

₹33 - ₹35

Issue Size

45,80,000 (aggregating up to 16.03 Cr)

Fresh Issue

45,80,000 (aggregating up to 16.03 Cr)

Offer For Sale

Listing At

NSE

Share Holding Pre-Issue

1,27,01,064

Share Holding Post-Issue

1,27,01,109

Market Marker Portion

3,60,000

Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

Category	Lot(s)	Qty	Amount

Category	Lot(s)	Qty	Amount
Retail (Min)	1	4000	1,40,000
HNI	2	8000	2,80,000

IPO Reservation

Shares45,80,000

Retail

33.80%(15,48,000)

NII(HNI)

14.50%(6,64,000)

QIB

43.84%(20,08,000)

Market Maker

7.86%(3,60,000)

Total

100.00%(45,80,000)

Trident Techlabs IPO Key Performance Indicators

KPI	Values

KPI	Values
EPS	4.72
ROE	34.41
ROCE	23.67
RONW	29.36
PRE IPO(PE)	7.42
POST IPO(PE)	13.62

Company Financials (In Lakhs)

Period Ended	Oct 2023	Mar 2023	Mar 2022	Mar 2021

Period Ended	Oct 2023	Mar 2023	Mar 2022	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
Net Worth	2,470.68	1,653.73	1,383.57	1,318.11
Total borrowing	2,532.47	2,299.60	2,959.99	3,044.34
Profit after tax	266.13	554.81	64.49	-32.69
Reserves and Surpluses	1,200.57	1,609.86	1,055.05	990.56

Trident Techlabs IPO About Company

Incorporated in 2000, Trident Techlabs Limited provides advanced technology-driven solutions across aerospace, defence, automotive, telecom, semiconductor and power distribution sectors. The company operates through two key verticals. Its Engineering Solutions division offers consulting and technical services in system-level and chip-level electronic design, embedded systems, PCB design, power electronics, hydraulic and pneumatic systems, system modelling, design automation, reliability and electromagnetic simulations. Its Power System Solutions division provides products and services that support utilities in enhancing the performance of ageing power transmission infrastructure, integrating renewable energy, and implementing smart grid technologies. The company has a team of over 100 engineers and skilled professionals.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅Trident Techlabs IPO Strength Factors

⚠️Trident Techlabs IPO Risk Factors

🏦Trident Techlabs IPO Lead Manager(s)

GYR Capital Advisors Private Limited

👤Trident Techlabs IPO Promoter(s)

Mr Sukesh Chandra Naithani
Mr. Praveen Kapoor

🏢Trident Techlabs IPO Company Details

Trident Techlabs Limited

Email:compliance@tridenttechlabs.com

Phone:+91 61811100

Website:https://www.tridenttechlabs.com/

address:1/18-20, 2 nd floor, White House Rani Jhansi Road, New Delhi -110055,

📋Trident Techlabs IPO Registrar

Maashitla Securities Private Limited

Name:Maashitla Securities Private Limited

Phone:+91-11-45121795-96

Email:investor.ipo@maashitla.com

Website:https://maashitla.com/allotment-status/public-issues

❓Trident Techlabs IPO FAQs

Trident Techlabs IPO is a main-board IPO of 45,80,000 equity shares of the face value of ₹10 per share aggregating up to ₹0.00 crore shares. The issue is priced at ₹33 - ₹35 per share. The minimum order quantity is .The IPO opens on Dec 21, 2023, and closes on Dec 26, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE.

Zerodha customers can apply online in Trident Techlabs IPO using UPI as a payment gateway. Zerodha customers can apply in Trident Techlabs IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Trident Techlabs IPO through Zerodha (1) Visit the Zerodha website and login to Console. (2) Go to Portfolio and click the IPOs link. (3) Go to the 'Trident Techlabs IPO' row and click the 'Bid' button. (4) Enter your UPI ID, Quantity, and Price. (5) Submit IPO application form. (6) Visit the UPI App (net banking or BHIM) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.

The Trident Techlabs IPO opens on Dec 21, 2023 and closes on Dec 26, 2023.

You can apply in Trident Techlabs IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Trident Techlabs IPO will be done on Dec 27, 2023, and the allotted shares will be credited to your demat account by Dec 27, 2023

Trident Techlabs IPO's listing date is Dec 29, 2023.

Trident Techlabs Limited

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹40(114.29%)

Premium (ELP)

₹40
(114.29%)