Trident Techlabs Limited IPO

Price
₹33 - ₹35
Lot
4000
Subs.
763.3
Expected Listing Earning

Exp. Premium(GMP):
40.01(114.30%)
IPO Details

Open Date: 21-Dec-2023
Close Date: 26-Dec-2023
Allotment Date: 27-Dec-2023
Listing Date: 29-Dec-2023
Listing Price: ₹144.9/-
Face Value: ₹10 Per Equity Share
Issue Price: ₹33-35 Per Equity Share
Issue Size: 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)
Market Lot (Min Amount): Retail - ₹140,000 HNI - ₹280,000
Subscription Details Updated at End of the Day

As on

QIB

Nll

Rll

Total

Shares Offered/Reserved804,000664,0001,548,0003,016,000
Day 1 - 21-12-23 
05:00 PM
1.05x17.05x67.20x38.53x
Day 2 - 22-12-23 
05:00 PM
3.07x68.83x204.78x121.07x
Day 3 - 26-12-23 
05:00 PM
117.91x854.37x1,059.43x763.30x
Total No. of Application:409,999 (Approx.)
Retail Subscription on the basis of Apps:23.99x
Valuations

Earning Per Share(EPS)4.72/-
P/E Ratio7.42
RoNW29.36%
Net Asset Value (NAV) - Post Issue:₹N/A/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Oct,20236,144.082,114.33266.13
31 Mar,20234,981.466,824.16554.81
31 Mar,20225,544.662,987.8064.49
31 Mar,20215,913.692,833.98-32.69
Promoter(s)

Pre Issue Share Holding92.48%
Post Issue Share HoldingN/A%
Company Promoter(s)
1. Mr Sukesh Chandra Naithani
2. Mr. Praveen Kapoor
Issue Objective(s)

The company proposes to utilise the Net Proceeds towards funding the following objects:

  1. Funding the working capital requirements of the Company; and
  2. General corporate purposes.
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

No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. 

Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.

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