IPO Issue Details
Issue Price / Price Band₹35 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size4,000 Shares per Lot
Total Issue Size45,80,000 shares (aggregating up to ₹16.03 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenThu, 21 Dec 2023
Subscription CloseTue, 26 Dec 2023
Anchor AllotmentWed, 20 Dec 2023
Basis of AllotmentWed, 27 Dec 2023
Initiation of RefundsThu, 28 Dec 2023
Credit of Shares to DematThu, 28 Dec 2023
Listing DateFri, 29 Dec 2023
UPI Mandate Deadline2023-12-26
Application & Investment Details
Retail — Min (1 Lots)₹1,40,000 — 4000 shares
Retail — Max (13 Lots)₹1,820,000 (13 Lots)
HNI — Min (2 Lots)₹2,80,000 — 8,000 shares
EPS (Pre-IPO)₹4.72
P/E Ratio (Pre-IPO)7.42x
P/E Ratio (Post-IPO)13.62x
Net Offer to Public42,20,000 shares (aggregating up to ₹14.77 Cr)
Reserved for Market Maker3,60,000 shares (aggregating up to ₹1.26 Cr)
Pre-IPO Promoter Holding1,27,01,064 shares
Post-IPO Promoter Holding1,72,81,064 shares
About Trident Techlabs Ltd
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.
Objects of the Issue
Trident Techlabs Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Funding the working capital requirements of the Company; and
2
General corporate purposes.
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,27,01,064 shares
Post-IPO Promoter Holding
1,72,81,064 shares