Trident Techlabs Limited
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Dec 21 - Dec 26,2023
Price Band
₹33-35
Current GMP
₹98.15 (180.42%)
Subscription
660.77 times
IPO Details
| IPO Date | December 21, 2023 to December 26, 2023 |
| Listing Date | Friday, December 29, 2023 |
| 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 Giriraj Stock Broking |
IPO Date
December 21, 2023 to December 26, 2023
Listing Date
Friday, December 29, 2023
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 Giriraj Stock Broking
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 117.91 |
| Non-Institutional Buyers* | 854.37 |
| Retail Investors | 1,059.43 |
| Total ** | -660.77 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
117.91
Non-Institutional Buyers*
854.37
Retail Investors
1,059.43
Total **
-660.77
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 Dec 21, 2023 | 1.05 | 17.05 | 67.20 | 38.53 |
| Day 2 Dec 22, 2023 | 3.07 | 68.83 | 204.78 | 121.07 |
| Day 3 Dec 26, 2023 | 117.91 | 854.37 | 1,059.43 | -660.77 |
DayDay 1
Dec 21, 2023
QIB1.05
NII*17.05
Retail67.20
Total38.53
DayDay 2
Dec 22, 2023
QIB3.07
NII*68.83
Retail204.78
Total121.07
DayDay 3
Dec 26, 2023
QIB117.91
NII*854.37
Retail1,059.43
Total-660.77
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 29-12-2023 | 35.00 | 40 (114.29%) | 75 |
| 28-12-2023 | 35.00 | 40 (114.29%) | 75 |
| 27-12-2023 | 35.00 | 45 (128.57%) | 80 |
| 26-12-2023 | 35.00 | 50 (142.86%) | 85 |
| 25-12-2023 | 35.00 | 45 (128.57%) | 80 |
| 24-12-2023 | 35.00 | 45 (128.57%) | 80 |
| 23-12-2023 | 35.00 | 45 (128.57%) | 80 |
| 22-12-2023 | 35.00 | 40 (114.29%) | 75 |
| 21-12-2023 | 35.00 | 40 (114.29%) | 75 |
| 20-12-2023 | 35.00 | 40 (114.29%) | 75 |
| 19-12-2023 | 35.00 | 45 (128.57%) | 80 |
| 18-12-2023 | 35.00 | 42 (120%) | 77 |
| 17-12-2023 | 35.00 | 28 (80%) | 63 |
| 16-12-2023 | 35.00 | 10 (28.57%) | 45 |
| 15-12-2023 | 35.00 | 5 (14.29%) | 40 |
Date29-12-2023
Price35.00
GMP40 (114.29%)
Estimate List Price75
Date28-12-2023
Price35.00
GMP40 (114.29%)
Estimate List Price75
Date27-12-2023
Price35.00
GMP45 (128.57%)
Estimate List Price80
Date26-12-2023
Price35.00
GMP50 (142.86%)
Estimate List Price85
Date25-12-2023
Price35.00
GMP45 (128.57%)
Estimate List Price80
Date24-12-2023
Price35.00
GMP45 (128.57%)
Estimate List Price80
Date23-12-2023
Price35.00
GMP45 (128.57%)
Estimate List Price80
Date22-12-2023
Price35.00
GMP40 (114.29%)
Estimate List Price75
Date21-12-2023
Price35.00
GMP40 (114.29%)
Estimate List Price75
Date20-12-2023
Price35.00
GMP40 (114.29%)
Estimate List Price75
Date19-12-2023
Price35.00
GMP45 (128.57%)
Estimate List Price80
Date18-12-2023
Price35.00
GMP42 (120%)
Estimate List Price77
Date17-12-2023
Price35.00
GMP28 (80%)
Estimate List Price63
Date16-12-2023
Price35.00
GMP10 (28.57%)
Estimate List Price45
Date15-12-2023
Price35.00
GMP5 (14.29%)
Estimate List Price40
IPO Important Dates
| 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 |
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
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹140,000 |
| Retail (Max) | 1 | 4000 | ₹140,000 |
| HNI (Min) | 2 | 8,000 | ₹280,000 |
ApplicationRetail (Min)
Lots1
Shares4000
Amount₹140,000
ApplicationRetail (Max)
Lots1
Shares4000
Amount₹140,000
ApplicationHNI (Min)
Lots2
Shares8,000
Amount₹280,000
Financial Information
| Period Ended | 31 Oct 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 31 Oct 2023 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 6,144.08 | 4,981.46 | 5,544.66 |
| Revenue | 2,114.33 | 6,824.16 | 2,987.80 |
| Profit After Tax | 266.13 | 554.81 | 64.49 |
| Net Worth | 2,470.68 | 1,653.73 | 1,383.57 |
| Reserves and Surplus | 1,200.57 | 1,609.86 | 1,055.05 |
| Total Borrowing | 2,532.47 | 2,299.60 | 2,959.99 |
Period EndedPeriod Ended
31 Oct 202331 Oct 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Oct 20236,144.08
31 Mar 20234,981.46
31 Mar 20225,544.66
Period EndedRevenue
31 Oct 20232,114.33
31 Mar 20236,824.16
31 Mar 20222,987.80
Period EndedProfit After Tax
31 Oct 2023266.13
31 Mar 2023554.81
31 Mar 202264.49
Period EndedNet Worth
31 Oct 20232,470.68
31 Mar 20231,653.73
31 Mar 20221,383.57
Period EndedReserves and Surplus
31 Oct 20231,200.57
31 Mar 20231,609.86
31 Mar 20221,055.05
Period EndedTotal Borrowing
31 Oct 20232,532.47
31 Mar 20232,299.60
31 Mar 20222,959.99
Key Performance Indicator
| P/E (x) | 7.42 |
| Post P/E (x) | 13.62 |
| Market Cap (₹ Cr.) | 60.48 |
| ROE | 34.41% |
| ROCE | 23.67% |
| Debt/Equity | 0.84 |
| EPS (Rs) | 4.72 |
P/E (x)
7.42
Post P/E (x)
13.62
Market Cap (₹ Cr.)
60.48
ROE
34.41%
ROCE
23.67%
Debt/Equity
0.84
EPS (Rs)
4.72
IPO Reservation
| Anchor Investor Shares Offered | 1,204,000 (26.29%) |
| Market Maker Shares Offered | 360,000 (7.86%) |
| QIB Shares Offered | 804,000 (17.55%) |
| NII (HNI) Shares Offered | 664,000 (14.50%) |
| Retail Shares Offered | 1,548,000 (33.80%) |
| Total Shares Offered | 4,580,000 (100%) |
Anchor Investor Shares Offered
1,204,000 (26.29%)
Market Maker Shares Offered
360,000 (7.86%)
QIB Shares Offered
804,000 (17.55%)
NII (HNI) Shares Offered
664,000 (14.50%)
Retail Shares Offered
1,548,000 (33.80%)
Total Shares Offered
4,580,000 (100%)
Information about company
Incorporated in 2000, Trident Techlabs Limited provides technology-based solutions to the aerospace, defense, 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 modeling, reliability and quality, design automation, power electronics, PCB design, and electromagnetic simulations.
Power System Solutions: providing products and services to power distribution utilities that help them maximize the capacity of aging transmission infrastructure, manage increasing intermittent generation from renewable energy sources, and deploy smart grid technologies that add complexity to transmission investment decisions.
Trident Techlabs employs more than 100 engineers and professionals.
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
Please read all Tearms and conditions , and agree to use the App