What you must know about Trident Techlabs IPO?
by 5paisa Research Team
17 Dec 2023
Listing Details
- Listing Exchange NSE SME
- Listing Date 29-Dec-23
- IPO Price Range ₹ 33 to ₹ 35
- Listing Price ₹ 98.15
- Listing Change 180.4%
- Last Traded Price ₹ 504
- Current Change 1340.0%
Trident Techlabs IPO Details
- Open Date 21-Dec-23
- Close Date 26-Dec-23
- Lot Size 4000
- IPO Size ₹ 16.03 Cr
- IPO Price Range ₹ 33 to ₹ 35
- Min Investment ₹ 132000
- Listing Exchange NSE SME
- Basis of Allotment 27-Dec-23
- Refunds 28-Dec-23
- Credit to Demat Account 28-Dec-23
- Listing Date 29-Dec-23
Trident Techlabs IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 21-Dec-23 | 1.05 | 17.05 | 67.20 | 38.53 |
| 22-Dec-23 | 3.07 | 68.47 | 202.81 | 119.99 |
| 26-Dec-23 | 117.91 | 854.37 | 1,059.43 | -660.77 |
Trident Techlabs IPO Synopsis
Trident Techlabs Limited IPO is all set to open from 21st December to 26th December 2023. The company is involved in the business of providing custom-built technology solutions. The IPO includes a fresh issue of 4,580,000 shares worth ₹16.03 cr. The share allotment date is 27th December, and the IPO will be listed on 29th December on the stock exchanges. The price band is ₹33 to ₹35 per share and the lot size is 4000 shares.
GYR Capital Advisors Private Limited is the book-running lead manager for this IPO, while Maashitla Securities Private Limited is the registrar.
Objectives of Trident Techlabs IPO:
Trident Techlabs Limited plans to utilize the raised capital from the IPO to:
● To fund working capital requirements.
● General corporate purposes.
About Trident Techlabs
Incorporated in 2000, Trident Techlabs Limited is in the business of providing custom-built technology solutions to clients in various industries including aerospace, defence, automotive, telecom, semiconductor and power distribution sectors.
The company operates two business categories:
i) Engineering Solutions: Includes system-level electronics design, chip-level electronics design, embedded design, hydraulics/ pneumatics system, system modeling, reliability and quality, design automation, power electronics, PCB designing and electromagnetic simulations.
ii) Power System Solutions: This includes maximization of the capacity of ageing transmission infrastructure, managing increasing amounts of intermittent, renewable generation, and deployment of Smart Grid technologies.
Trident Techlabs has years of experience in this industry and with their 360-degree view of “Business through Technology”, they help businesses become efficient.
Peer Comparison
No listed peers.
For More Information:
Trident Techlabs IPO GMP
Webstory on Trident Techlabs IPO
Know About Trident Techlabs IPO
Trident Techlabs Financial Status
Profit and Loss
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 67.35 | 29.74 | 28.19 |
| EBITDA | 10.69 | 4.68 | 5.27 |
| PAT | 5.55 | 0.64 | -0.33 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Total Assets | 49.81 | 55.45 | 59.13 |
| Share Capital | 2.796 | 2.796 | 2.796 |
| Total Borrowings | 30.92 | 42.09 | 46.43 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Net cash generated from / (used in) operating activities | 10.04 | 2.44 | -3.21 |
| Net cash from / (used in) investing activities | -0.80 | -0.086 | -0.062 |
| Net cash flow from / (used in) financing activities | -9.33 | -3.83 | 1.86 |
| Net increase (decrease) in cash and cash equivalents | -0.086 | -1.48 | -1.41 |
Trident Techlabs IPO Key Points
-
Strengths
1. The company has a wide product portfolio of customized products, tools and services.
2. It has a strong customer base.
3. It provides strong and customer-centric support services to clients through bespoke training programs.
4. It has 360-degree knowledge and experience in various industries.
5. Experienced Promoters and senior management team
-
Risks
1. The business is prone to changing consumer preferences.
2. Its success depends upon the ability to develop new tools, designs, solutions and services.
3. The company has reported negative cash flows in the past.
4. An inability to manage inventory in an effective manner could affect the company.
5. There are certain unsecured loans which can be recalled at any time.
Trident Techlabs
How to apply for IPO?
-
Login to your 5paisa account and select the issue in the
current IPO section -
Enter the number of lots and price at which you wish to
apply for -
Enter your UPI ID and click on submit. With this, your
bid will be placed with the exchange -
You will receive a mandate notification to block funds in
your UPI app -
Approve the mandate request on your UPI and funds
will be blocked
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Trident Techlabs IPO FAQs
What is the minimum lot size and investment required for the Trident Techlabs IPO?
The minimum lot size of Trident Techlabs IPO is 4000 shares and the investment required is ₹1,32,000.
What is the price band of Trident Techlabs IPO?
The price band of Trident Techlabs IPO is ₹33 to ₹35 per share.
When does the Trident Techlabs IPO opens and closes?
Trident Techlabs IPO opens from 21st December to 26th December 2023.
What is the size of the Trident Techlabs IPO?
The size of Trident Techlabs IPO is ₹16.03 cr.
What is the allotment date of the Trident Techlabs IPO?
The share allotment date of Trident Techlabs IPO is 27th December 2023.
What is the Trident Techlabs IPO listing date?
The Trident Techlabs IPO will be listed on 29th December 2023.
Who are the book runners for the Trident Techlabs IPO?
GYR Capital Advisors Private Limited is the book-running lead manager for Trident Techlabs IPO.
What is the objective of Trident Techlabs IPO?
Trident Techlabs Limited plans to utilize the raised capital from the IPO to:
1. To fund working capital requirements.
2. General corporate purposes.
How to apply for the Trident Techlabs IPO?
To apply for Trident Techlabs IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Trident Techlabs Limited IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
● You will receive a mandate notification to block funds in your UPI app.
Contact Details of Trident Techlabs IPO
Contact Information
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/
Trident Techlabs IPO Register
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Trident Techlabs IPO Lead Manager
GYR Capital Advisors Private Limited
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