Trident Techlabs Limited (NSE SME)
December 21, 2023 – December 26, 2023
| Price | ₹33 - ₹35 |
| Premium | ₹40 |
|---|---|
| Lot size | 4000 |
| Allotment | Dec 27, 2023 |
| Listing | Dec 29, 2023 |
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Subscription
Last updated on 26-Dec-2023 17:00:22
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 804000 | 94800000 | 117.91 |
| NIB | 664000 | 567304000 | 854.37 |
| RETAIL | 1548000 | 1639996000 | 1059.43 |
| Total | 3016000 | 2302100000 | 763.3 |
| Retail Apps | 409999 | © IPO Premium | |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 4000 | 140000 | 387 |
| HNI | 2 | 8000 | 280000 | 166 |
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.
Trident Techlabs IPO Details
| 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 | 12,701,109 |
| Market Maker portion | 360,000 shares Giriraj Stock Broking |
Trident Techlabs IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Trident Techlabs IPO Anchor Investors Details
Trident Techlabs IPO raises Rs 4.21 crore from anchor investors. Trident Techlabs IPO Anchor bid date is December 20, 2023.
| Bid Date | December 20, 2023 |
| Shares Offered | 1,204,000 |
| Anchor Portion Size (In Cr.) | 4.21 |
| Anchor lock-in period end date for 50% shares (30 Days) | February 7, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | May 1, 2024 |
Company Financials
Trident Techlabs Limited Financial Information (Restated)
Trident Techlabs Limited's revenue increased by 128.4% and profit after tax (PAT) rose by 760.3% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | 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 |
| Profit | 266.13 | 554.81 | 64.49 | -32.69 |
| Net Worth | 2,470.68 | 1,653.73 | 1,383.57 | 1,318.11 |
| Reserves | 1,200.57 | 1,609.86 | 1,055.05 | 990.56 |
| Borrowing | 2,532.47 | 2,299.60 | 2,959.99 | 3,044.34 |
| Amount in ₹ Lakhs | ||||
Strength
Weakness
Lead Manager(s)
Address
Trident Techlabs Limited
1/18-20, 2 nd floor, White House
Rani Jhansi Road,
New Delhi -110055,
Phone: +91 61811100
Email: compliance@tridenttechlabs.com
Website: https://www.tridenttechlabs.com/