Trident Techlabs IPO
IPO Details
- Open Date
21 Dec 2023
- Close Date
26 Dec 2023
- IPO Price Range
₹ 33 to ₹ 35
- IPO Size
₹ 16.03 Cr
- Listing Exchange
NSE SME
- Listing Date
29 Dec 2023
IPO Timeline
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 |
Last Updated: 03 January 2024 8:57 PM by 5Paisa
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.
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
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 |
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.
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FAQs
The minimum lot size of Trident Techlabs IPO is 4000 shares and the investment required is ₹1,32,000.
The price band of Trident Techlabs IPO is ₹33 to ₹35 per share.
Trident Techlabs IPO opens from 21st December to 26th December 2023.
The size of Trident Techlabs IPO is ₹16.03 cr.
The share allotment date of Trident Techlabs IPO is 27th December 2023.
The Trident Techlabs IPO will be listed on 29th December 2023.
GYR Capital Advisors Private Limited is the book-running lead manager for 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.
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 Information
Trident Techlabs
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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