Trident Techlabs IPO
The initial public offering (IPO) of Trident Techlabs will open for subscription on December 21 and close on December 26, is an issue of Rs. 16.03 Crores from the primary market. An investor can apply for the issue for a minimum of 4000 shares and in multiples after that.
#1. Quick Intro of Trident Techlabs
Trident Techlabs Limited (2000) is engaged in the business of providing custom-built technology solutions to corporates in the aerospace, defense, automotive, telecom, medical, semiconductor, and power distribution sectors.
The company has two business verticals: A. Power system solutions and B. Engineering Solutions.
Product portfolio of the company:
System-level electronics design, chip-level electronics design, embedded design, system modeling, power electronics, etc.
Check out the IPO allotment status on IPO Deliver.
#2. IPO Object of Trident Techlabs
The company intends to use the IPO Funds for the below-mentioned purposes:
- Meet the working capital requirement of the company
- General corporate-related expenses.
#3. Trident Techlabs Core Strengths
- Diversified product portfolio
- Strong relationship with a diverse customer base
- Strong and customer-centric support service and 360-degree knowledge.
- Experienced promoters and management team
#4. Trident Techlabs IPO Review & Rating
| Issue Size | Rs. 16.03 Crore |
| Issue Price | Rs.33-35 per share |
| Minimum Lot Size | 4000 Shares |
| Total Profit (March 2023) | Rs. 0.55 Crore |
| P/E (x) | 7.42% |
| ROCE | 23.67% |
| Listing on | NSE Emerge |
| IPO Deliver Rating | One |
#5. Trident Techlabs IPO Dates, Price Band & Details
Trident Techlabs IPO will open on December 21, 2023, and close on December 26, 2023. The IPO list on December 29, 2023.
| Type of issue | Book BuiltIssue IPO |
| Issue Size | Rs. 16.03 Crore |
| Price Brand | Rs. 33-35 |
| Face Value | Rs. 10/- per share |
| IPO Open Date | December 21, 2023 |
| IPO Close Date | December 26, 2023 |
| IPO Allotment Date | December 27, 2023 |
| Refund Date | December 28, 2023 |
| Share Credit Date | December 28, 2023 |
| Listing Date | December 29, 2023 |
#6. Trident Techlabs IPO Offer Details
Trident Techlabs IPO’s total issue size is 45,80,000 shares, comprising the below-mentioned categories.
| Offer Category | Shares Offer | Amount (Crore) |
| Fresh Issue | 45,80,000 | 16.03 |
| Offer for Sale (OFS) | – | – |
#7. Trident Techlabs Financials Overview (Lakhs)
The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.
| Category (Rs.) | March 31, 2023 | March 31, 2022 | March 31, 2021 |
| Total Revenue | 6734.71 | 2974.34 | 2819.73 |
| Net Worth | 1653.73 | 1383.57 | 1318.11 |
| Profit | 554.81 | 65.47 | 16.70 |
| Total Borrowings | 2299.60 | 2959.99 | 3044.34 |
#8. Trident TechlabsQuantitative Factors
The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.
| Category | March 31, 2023 | March 31, 2022 | March 31, 2021 |
| EPS (Rs.) | 4.72 | 2.34 | 0.60 |
| RoNW (%) | 29.36 | 4.73 | 1.27 |
| NAV (Rs.) | 67.56 | 49.47 | 47.13 |
#9. Trident Techlabs Comparison with Other Peer Companies
There are no listed companies in India that are comparable in all aspects of the business.
| Company Names | Total Revenue
(Rs. in Crore)) |
RoNW (%) | NAV (Rs.) |
| – | – | – | – |
| – | – | – | – |
#10. Trident Techlabs Company Promoters
The company has two promoters as per the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP).
| Sr. No. | Name of Promoters |
| 01. | Sukesh Chandra Naithani |
| 02. | Praveen Kapoor |
#11. Trident Techlabs Pre-offer and Post-Offer Promoters Shareholding
| Promoters Holding | Percentage (%) |
| Pre-issue | 92.48 |
| Post-issue | – |
#12. Trident Techlabs IPO Reservation Details
Trident Techlabs IPO total reservation shares are distributed between the below-mentioned categories.
| Category | Share Offered |
| Retail Individual Investor (RII) | Not less than 35% of the issue size |
| QIB Investor | Not more than 50% of the issue size |
| NII Investor (HNI) | Not less than 35% of the issue size |
| Employee Reservation/Discount | – |
#13. Trident Techlabs IPO – Lot Size
An investor can apply for a minimum of 4000 Shares in multiple thereof. Market lot sizes for the retail individual investors and non-institutional investor (NII)/ HNI investors are as follows:
| Application | Lot Size | No. of Shares | Amount (Rs.) |
| Retail (Min.) | 1 | 4000 | 140,000 |
| Retail (Max.) | 1 | 4000 | 1,40,000 |
| HNI (Min.) | 2 | 8000 | 2,80,000 |
| HNI (Max.) | – | – | – |
#14. Trident Techlabs IPO – Prospectus Copy
An investor can download/view the Trident Techlabs prospectus copy, which the company filed to SEBI, details are as follows.
| Trident Techlabs IPO Prospectus |
| Draft Red Herring Prospectus (DRHP) |
| Red Herring Prospectus (RHP) |
#15. Trident Techlabs IPO Registrar
MaaShitla Securities Private Limited
Phone No.: +91-45121795
E-Mail:ipo@maashitla.com
Website: www.maashitla.com
#16. Trident Techlabs IPO Lead Manager
GYR Capital Advisors Private Limited
Phone No.: +91-8777564648
E-Mail: info@gyrcapitaladvisors.com
Website: www.gyrcapitaladvisors.com
#17. Trident Techlabs IPO Application (How to Apply for an IPO)
There are three primary options for applying for a Trident Techlabs IPO, details are as follows:
Option-1 Apply for IPO through Internet Banking
Step-1. Log into your bank account.
Step-2. In the invest Tab, you will see ASBA, click on it.
Step-3. Choose to apply for IPO and select the ongoing IPO “Trident Techlabs Limited”
Step-4. Enter the basic details like bid quantity, price, PAN, etc. then proceed with payment.
Step-5. After the above steps, the respective amount will get blocked until the allotment date, and after that, it will get a refund/debited in case of rejection/allotment respectively.
Option-2 Apply for IPO through a Broker firm
Step-1. Log into your broker account (e.g. Upstox/Zerodha etc.)
Step-2. Click on the IPO tab and select the ongoing IPO “Trident Techlabs Limited”
Step-3. Enter the basic details like bid quantity, price, PAN, etc. then enter UPI ID and proceed with payment.
Step-4. Your funds will get blocked, and once shares have been allotted to you, the respective amount will get debited from your account or refunded in case no allotment is made to you.
Option-3 Apply for IPO Offline Mode Bank mode
Step-1. Visit the nearest branch of your bank.
Step-2. Fill out the ASBA form and submit it with KYC details.
Step-3. Your funds will get blocked, and once shares have been allotted to you, the respective amount will get debited from your bank account or refunded in case no allotment is made to you.
#18. Trident Techlabs Company Details
Trident Techlabs Limited
Registered Office: 1/18-20, 2nd Floor, White House, Rani Jhansi Road, New Delhi-110055
Phone No: +91-61811100
Email: compliance@tridenttechlabs.com
Website: www.tridenttechlabs.com
Investor Grievances/Compliance Officer: Iram Naaz
#19. Trident Techlabs Subsidiary Companies (Top 2)
| Sr.No. | Name of Companies |
| 01. | – |
| 02. | – |
#20. Trident Techlabs Company Board (Top 2)
| Sr. No. | Name of Directors |
| 01. | Sukesh Chandra Naithani |
| 02. | Praveen Kapoor |
Trident Techlabs IPO – Frequently Asked Questions (FAQs)
| #1. What is Trident Techlabs IPO?
Trident Techlabs brings its IPO of Rs. 16.03 Crores, on December 21, 2023, with a price band of Rs.33-35 per share. |
| #2. What is the Trident Techlabs IPO Open date?
Trident Techlabs IPO’s opening date is December 21, 2023. |
| #3. What is the Trident Techlabs IPO Close Date?
Trident Techlabs IPO’s closing date is December 26, 2023. |
| #4. What is the Trident Techlabs IPO Listing date?
Trident Techlabs’s IPO listing date is December 29, 2023. |
| #5. What is the Trident Techlabs IPO Minimum investment amount?
Trident Techlabs IPO’s minimum investment amount is Rs. 140,000. |
| #6. What is the Trident Techlabs IPO offer issue Size?
Trident Techlabs offers an issue size of Rs. 16.03 Crores. |
| #7. What is the Trident Techlabs IPO Price Band?
Trident Techlabs’s IPO price band is Rs.33-35 per share. |
| #8. Is Trident Techlabs IPO mainboard IPO or SME IPO?
Trident Techlabs IPO is an SME IPO. |
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