Trident Techlabs Ltd
Price Range
₹33 - ₹35
Min. Quantity
4,000
Closes on
26 December 2023
Min. investment
₹1,40,000/4,000 Shares
Trident Techlabs Ltd IPO Timeline
Trident Techlabs Limited was originally incorporated as Trident Techlabs Private Limited' a Private Limited Company, dated May 9, 2000, issued by the Registrar of Companies, at New Delhi. Subsequently, the name of Company changed from Trident Techlabs Private Limited' to Trident Techlabs Limited', upon conversion to Public Company and a fresh Certificate of Incorporation was issued by the RoC on May 30, 2023.
| Event | Date |
|---|---|
| Trident Techlabs Ltd IPO Opening Date | 21 December 2023 |
| Trident Techlabs Ltd IPO Closing Date | 26 December 2023 |
| Basis of Allotment | 27 December 2023 |
| Initiation of Refunds | 28 December 2023 |
| Credit of Shares to Demat | 28 December 2023 |
| Trident Techlabs Ltd IPO Listing Date | 29 December 2023 |
Trident Techlabs Ltd IPO Details
| Trident Techlabs Ltd IPO Date | 21 December 2023 to 26 December 2023 |
| Trident Techlabs Ltd IPO Face Value | ₹10 per share |
| Trident Techlabs Ltd IPO Price | ₹33 to ₹35 per share |
| Trident Techlabs Ltd IPO Lot Size | 4,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹16.03 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹16.03 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Sukesh Chandra Naithani, Praveen Kapoor |
Trident Techlabs Ltd IPO Lot Size
The Trident Techlabs Ltd IPO lot size is 4,000 shares. A retail-individual investor can apply for up to 1 lots (4,000 shares or ₹1,40,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 4,000 | ₹1,40,000 |
| Maximum | 1 | 4,000 | ₹1,40,000 |
- Strengths
- Risks
- Opportunities
- Scaled platform with strong track record of growth and market leadership.
- Experienced management team, backed by a strong board and marquee shareholders, along with strong culture of compliance.
- Deeply entrenched, long-standing client relationships with a diversified and expanding client base.
Company Financials
Trident Techlabs Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 98.84 | 73 | 9.37 |
| 03-2023 | 50.09 | 68.2 | 4.67 |
| 03-2022 | 55.45 | 29.88 | 0.64 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding the working capital requirements of the company
- General corporate purposes
Trident Techlabs Ltd IPO Promoter Holding
| Pre Issue Share Holding | 37.01% |
| Post Issue Share Holding | 27.2% |
Trident Techlabs Ltd IPO Subscription Status (Bidding Detail)
The Trident Techlabs Ltd IPO is subscribed 502.6419 times on 26 December 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 502.6419 |
Trident Techlabs Ltd IPO Prospectus
Trident Techlabs Ltd IPO Listing Date
| Listing Date | 29 December 2023 |
| BSE Script | 92619 |
| NSE Symbol | TECHLABS |
| Listing In | NSE - SME |
| ISIN | INE0QD201012 |
| IPO Price | ₹35 |
| Face Value | ₹10 |
Company Contact Information
1/18-20 2nd Flr White HouseRani Jhansi Road,New Delhi-110055
Phone: +91 61811100-11
Email: compliance@tridenttechlabs.com
Website: www.tridenttechlabs.com
Trident Techlabs Ltd IPO Registrar
Trident Techlabs Ltd IPO Lead Manager(s)
- GYR Capital Advisors Pvt Ltd
FAQ
What is the issue size of Trident Techlabs Ltd IPO?
I have pre-applied for Trident Techlabs Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.