Trident Techlabs is scheduled to hit the market on December 21, 2023 and close on December 26, 2023. Trident Techlabs plans to raise around ₹16.03 Cr through an IPO with a sale of up to 4,580,000 equity shares of ₹10 each. The Retail offered 35%, QIB Shares Offered 50%, HNI Shares Offered 15%.
Established in the year 2000, Trident Techlabs Limited is at the forefront of delivering technology-based solutions across a spectrum of industries, including aerospace, defense, automotive, telecommunications, semiconductor, and power distribution. The company operates through two distinct verticals, showcasing its diverse expertise..
Trident Techlabs excels in Engineering Solutions, providing comprehensive consulting and technical services, spanning system-level electronic design, chip-level design, embedded systems, hydraulic/pneumatic systems, reliability and quality, design automation, power electronics, PCB design, and electromagnetic simulations. In the domain of Power System Solutions, Trident Techlabs is a key player, delivering tailored products and services for power distribution utilities.
Trident Techlabs IPO Details
Trident Techlabs IPO opens on Dec 21 , 2023, and closes on Dec 26 , 2023. The Listing date for Trident Techlabs IPO is on Dec 29, 2023. The price band for IPO is ₹33 to ₹35 per share and lot size of 4000 Shares.
| IPO Date | Dec 21 , 2023 to Dec 26, 2023 |
| Listing Date | Dec 29, 2023 |
| Price | ₹33 to ₹35 per share |
| Lot Size | 4000 Shares |
| Issue Size | ₹16.03 Cr |
| Face Value | ₹10 per share |
Trident Techlabs IPO Tentative Timetable
Trident Techlabs opening date is December 21, 2023 and close date is December 26, 2023. The IPO allotment date is December 27, 2023. The refund initiation of IPO is on December 28, 2023. The credit of shares in demat account is on December 28, 2023. The listing date is on December 29, 2023.
| Event | Date |
|---|---|
| IPO Opening | Dec 21, 2023 |
| IPO Closing | Dec 26, 2023 |
| IPO Allotment Date | Dec 27, 2023 |
| Refund Initiation | Dec 28, 2023 |
| Shares Credit to Demat | Dec 28, 2023 |
| Lisiting Date | Dec 29, 2023 |
Trident Techlabs IPO Lot Size
Lot Size of this IPO is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹140,000).
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail(Minimum) | 1 | 4000 | ₹140,000 |
| Retail(Maximum) | 1 | 4000 | ₹140,000 |
| HNI (Minimum) | 2 | 8000 | ₹140,000 |
Trident Techlabs IPO Promoter Holding
| Pre Issue Share Holding | 92.48% |
| Post Issue Share Holding |
Trident Techlabs IPO Review
Key financial indicators reveal a Price-to-Earnings (P/E) ratio of 7.42, Return on Equity (ROE) at 34.41%, Return on Capital Employed (ROCE) of 23.67%, Earnings Per Share (EPS) of ₹4.72, and Return on Net Worth (RoNW) at 28.33%. These metrics provide insights into the company's financial health and profitability.
The utilization of funds for working capital requirements and general corporate purposes is a common and reasonable objective. To provide a more comprehensive analysis, additional details on the nature and breakdown of working capital requirements would be beneficial.
Further, a thorough understanding of Trident Techlabs' business model, expansion plans, and competitive positioning in the tech sector will enhance the IPO review. Additionally, comparing Trident Techlabs with peers in the industry will provide valuable context.
Trident Techlabs IPO Subscription Status (Bidding Details)
Table not foundTrident Techlabs IPO Broker Recommendations
- Capital Market: To be updated soon
- Anand Rathi: To be updated soon
- SMC Global: To be updated soon
- Arihant Capital: To be updated soon
Trident Techlabs IPO FAQs
What is Trident Techlabs IPO?
Trident Techlabs is issuing 4,580,000 equity shares with a face value of ₹10 each, totaling up to ₹16.03 Cr. The shares are being offered at a price of ₹33 to ₹35 each, with a minimum order quantity of 4000 shares.
Maashitla Securities Private Limited is the registrar for the IPO, and the shares are planned to be listed on the BSE and NSE.
When Trident Techlabs IPO will open?
Trident Techlabs will open on December 21 , 2023 for QIB, NII, and Retail Investors.
When Trident Techlabs IPO will end?
Trident Techlabs will end on December 26, 2023.
What is Trident Techlabs IPO Size?
Trident Techlabs IPO size is ₹16.03 Cr.
What is Trident Techlabs IPO Price Band?
Trident Techlabs price band is ₹33 to ₹35 per share.
What is the Trident Techlabs IPO Allotment Date?
Trident Techlabs allotment date is December 27, 2023.
What is the Trident Techlabs IPO Listing Date?
Trident Techlabs listing date is December 29, 2023. The IPO is to be listed on BSE and NSE.
How to Apply Trident Techlabs IPO through Zerodha?
To apply for the IPO “Trident Techlabs” on Zerodha, log in to the Zerodha website or app, go to the Portfolio section, and click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Zerodha.
How to Apply Trident Techlabs IPO through Upstox?
To apply for the IPO “Trident Techlabs” on Upstox, log in to the Upstox website or app, click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Upstox.
How to check Trident Techlabs IPO Allotment Status?
For Trident Techlabs IPO Allotment status check you can visit this link, select the desired IPO and enter your PAN to check the allotment status.
What is Trident Techlabs IPO GMP?
You can check out here: Trident Techlabs IPO GMP