IPO Details
Bidding Dates
21 Dec '23 - 26 Dec '23
Minimum Investment
₹140,000 / 1 Lots ( 4000 Shares )
Price Range
₹33 - ₹35
Maximum Investment
₹140,000 / 1 Lots ( 4000 Shares )
Retail Discount
Not Applicable
Issue Size
₹16.03 Cr
Investor category and sub category
Qualified Institutions Buyers | Non-Institutional Buyers | Retail Investors |IPO Dates
Important dates with respect to IPO allotment and listing
IPO Opening Date
Dec 21, 2023
IPO Closing Date
Dec 26, 2023
Basis of Allotment
Dec 27, 2023
Initiation of Refunds
Dec 28, 2023
Credit of Shares to Demat Account
Dec 28, 2023
IPO Listing Date
Dec 29, 2023
UPI Mandate Expiry Date
Dec 26, 2023
About Company
Incorporated in 2000, Trident Techlabs Limited provides custom-built technology solutions to corporates in the aerospace, defence, automotive, telecom, semiconductor and power distribution sectors. The company operates its business through two business verticals, i.e. Engineering Solutions and Power System Solutions.
The Engineering Solutions portfolio of products includes system-level electronics design, chip-level electronics design, embedded design, hydraulics/ pneumatics system, system modelling, reliability and quality, design automation, power electronics, PCB designing and electromagnetic Simulations.
The Power Solutions segment helps distribution utilities that face new
challenges due to the ever-changing nature of the industry and the increasing pressure on network reliability.
The power demand continues to remain high, and it has surpassed decadal growth. In addition, the power demand intensified in the Q1 FY 2023 due to the record high temperatures raging through the nation, apart from continued momentum in economic activity. The demand drivers include the transition to the grid, railway electrification, metro projects, government initiatives, transition to EV, etc.
Trident Techlabs Limited IPO Details
Trident Techlabs Limited IPO Date
Trident Techlabs Limited IPO is a 100% fresh issue. The company has offered 45,80,000 new shares. Trident Techlabs Limited’s IPO will be listed on the NSE Emerge on December 29, 2023. It is a book-built issue IPO.
Trident Techlabs Limited IPO Price Band
The price of the IPO has ₹33 to ₹35.
Trident Techlabs Limited IPO Lot Size
The lot size of the IPO has 4000 Shares.
Trident Techlabs Limited IPO Objectives
The objectives of Trident Techlabs Limited IPO are listed below
- Working capital requirements.
- General corporate purposes.
Peer Details
As per RHP, the company has no listed peers.
How To Check the Allotment Status of the Trident Techlabs Limited IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app
- Go to the IPO Section and then to IPO Orders
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
Contact Details of Trident Techlabs Limited
Registered office: 1/18-20, 2nd floor, White House, Rani Jhansi Road, New Delhi -110055, India
Phone: +91 61811100-11
Company Financials
| Particulars (₹ in lakh) | Period Ending on October 31, 2023 | Year Ending on March 31, 2023 | Year ending on March 31, 2022 | Year ending on March 31, 2021 |
|---|---|---|---|---|
| Total Income | 2,114.33 | 6,824.16 | 2,987.80 | 2,833.98 |
| Profit After Tax (PAT) | 266.13 | 554.81 | 65.47 | 16.70 |
| Assets | 6,144.08 | 4,981.46 | 5,544.66 | 5,913.69 |
| Net Worth | 2,470.68 | 1,653.73 | 1,383.57 | 1318.11 |
| Total Borrowings | 2,532.47 | 2,299.60 | 2,959.99 | 3,044.34 |
Know before investing
Strengths
2-
The company offers a wide product portfolio of customised products, tools and services. This helps the company in efficiently delivering revenue growth.
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Looking forward, the company is focused on expanding its services further into international markets. In addition, it is focused on the expansion of its power systems solutions portfolio.
Risks
2-
The company is exposed to risks arising from the failure of its solutions implemented at its client's project. As a result, its operational and financial growth could be hampered.
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The company is facing outstanding legal proceedings, which may adversely impact its business, financial condition and results of operations.
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Trident Techlabs Ltd IPO FAQs
Trident Techlabs Limited IPO is a 100% fresh issue. The company has offered 45,80,000 new shares.
The Basis of Allotment will be on December 27, 2023.
The IPO subscription window will open on December 21, 2023.
The lot size of the IPO has 4000 shares.
Trident Techlabs Limited IPO will be listed on NSE Emerge. The date of listing is December 29, 2023.
Listing gains cannot be ascertained before listing the IPO on the stock exchange.
Initially, the bank will only block the amount in your account. The money will not be debited until the stocks are allotted to you.
You must complete the payment process by logging in to your UPI handle and approving the payment mandate.
You can submit only one application using your PAN card.
