Trident Techlabs IPO Details | GMP, Date, Price, Review

Trident Techlabs IPO

Table of Contents

Trident Techlabs IPO Details ( Trident Techlabs Limited IPO Review )

(21 Dec 2023 – 26 Dec 2023)

Trident Techlabs Limited, established in the year 2000, offers technology solutions to various industries such as aerospace, defense, automotive, telecommunications, semiconductor, and power distribution.

The company operates in two main areas:

  1. Engineering Solutions: Trident Techlabs provides consulting and technical services in different aspects, including system-level electronic design, chip-level electronic design, embedded design, hydraulic/pneumatic systems, system modeling, reliability and quality, design automation, power electronics, PCB design, and electromagnetic simulations.
  2. Power System Solutions: Trident Techlabs serves power distribution utilities by offering products and services. These help utilities maximize the capacity of aging transmission infrastructure, manage the increasing intermittent generation from renewable energy sources, and deploy smart grid technologies that add complexity to transmission investment decisions.

Currently, Trident Techlabs has a team of over 100 engineers and professionals dedicated to delivering high-quality solutions.

Trident Techlabs Limited Company Product

  1. Power Solution Division
  2. Engineering Solution Division

Trident Techlabs Limited IPO Competitive Strength

  • Wide product portfolio of customised products, tools and services
  • Strong relationship with a diverse customer base
  • Strong and customer centric support services provided in the Engineering and Power Systems Solutions space
  • 360-degree knowledge and experience of various industries
  • Experienced Promoters and senior management team

Trident Techlabs IPO Financials Performance ( Results )

Trident Techlabs Limited Financial Information (Restated)

All Amount in ₹ Lakhs

Period EndedTotal AssetsTotal RevenuePATEPS
Net WorthNAV

Objective of Trident Techlabs IPO Issue

  • Funding the working capital requirements of the Company
  • General corporate purposes.

Trident Techlabs IPO Basic Details

IPO DateDec 21, 2023 to Dec 26, 2023
Listing DateFriday, December 29, 2023
Face Value₹10 per share
Price₹33 to ₹35 per share
Lot Size4000 Shares
Issue Size4,580,000 shares of ₹10
(aggregating up to ₹16.03 Cr)
Fresh Issue4,580,000 shares of ₹10
(aggregating up to ₹16.03 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue12,701,064
Share holding post issue17,281,064
Company PromotersMr Sukesh Chandra Naithani
and Mr. Praveen Kapoor

Trident Techlabs IPO Reservation

Anchor Investor Shares Offered26.29% of the Net Issue
Market Maker Shares Offered7.86% of the Net Issue
QIB Shares Offered17.55% of the Net Issue
NII (HNI) Shares Offered14.50% of the Net Issue
Retail Shares Offered33.80% of the Net Issue
Total Shares Offered100.00% of the Net Issue

Trident IPO Timetable

Trident IPO will open on December 21, 2023 and close on December 26, 2023. You can join Trident IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Opening Date21 December 2023 (Thursday)
Closing Date26 December 2023 (Tuesday)
Basis of Allotment27 December 2023 (Wednesday)
Initiation of Refunds28 December 2023 (Thursday)
Credit of Shares to Demat28 December 2023 (Thursday)
Listing Date29 December 2023 (Friday)
Deadline for UPI mandate confirmation5 PM on 26 December 2023

Trident Techlabs IPO Lot Size

For retail investors in Trident Techlabs IPO, 4000 shares will come in 1 lot or the minimum investment will be ₹140,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹140,000.

Retail (Min)14000₹140,000
Retail (Max)14000₹140,000
S-HNI (Min)28000₹280,000

Trident Techlabs IPO Promoter Holding

The company’s promoters include Mr Sukesh Chandra Naithani and Mr. Praveen Kapoor.

Pre Issue Share Holding92.48%
Post Issue Share Holding

Trident Techlabs Ltd IPO Key Performance Indicator ( Valuation )

In the table given below, all the figures have been told according to the latest financial year.

Market Cap (₹ Cr.)60.48
Earning Per Share (EPS)₹4.72 per Equity Share
Net Asset Value (NAV)₹67.56 per Equity Share
P/E Ratio (P/E) (x)7.42
Post P/E Ratio (P/E) (x)13.62
Return on Net Worth (RoNW) (%)29.36
Return on equity (ROE) (%)34.41
Return on Capital Employed (ROCE) (%)23.67
Debt/Equity Ratio0.84

Trident Techlabs Ltd Peer Comparison

There are no listed companies in India that are comparable in all aspects of business and services that the Company provides. Hence, it is not possible to provide an industry comparison in relation to the Company.

Trident Techlabs IPO GMP Live Update, Kostak Rate day by day

DateGMPKostakSubject to
27 December 2023₹50
26 December 2023₹45
25 December 2023₹45
24 December 2023₹40
23 December 2023₹38

Trident Techlabs IPO Detail Video:

Trident Techlabs IPO Subscription Status (Bidding Detail)

The Trident Techlabs IPO on December 26, 2023 at 7:30:00 PM was subscribed 763.30 times, with the retail category being subscribed 1,059.43 times, the NII (Non-Institutional Investor) category being subscribed 854.37 times, QIB (Qualified-Institutional Buyers) category being subscribed 117.91 times.


Trident Techlabs IPO Prospectus

Trident Techlabs IPO DRHPDownload
Trident Techlabs IPO RHPDownload
Trident Techlabs IPO Anchor Investors Details PDFDownload

Trident Techlabs IPO Rating

Our Rating4.5/5.0

Trident Techlabs Company Contact Information

Trident Techlabs Limited

Trident Techlabs Limited

Registered Office: 1/18-20, 2nd floor, White House, Rani Jhansi Road, New Delhi-110055, India.
Tel: +91 61811100-11
Contact Person: Iram Naaz, Company Secretary and Compliance Officer
Corporate Identity Number: U74899DL2000PLC105611
Our Promoters: Mr. Sukesh Chandra Naithani and Mr. Praveen Kapoor

Trident Techlabs IPO Registrar

Maashitla Securities Private Limited

Registered Office: 451, Krishna Apra Business Square, Netaji Subhash Place,
Pitampura, Delhi -110034, India
Telephone: 011-45121795
Investor Grievance e-mail:
Contact Person: Mr. Mukul Agarwal
SEBI registration number: INR000004370

Trident Techlabs IPO Lead Manager

GYR Capital Advisors Private Limited

Registered Office: 428, Gala Empire, Near JB Tower, Drive in Road, Thaltej,
Ahemdabad-380 054, Gujarat, India.
Telephone: +91 8777564648
E-mail Id:
Investor Grievance e-mail ID:
Contact Person: Mohit Baid
SEBI Registration Number: INM000012810
CIN: U67200GJ2017PTC096908

Trident Techlabs IPO FAQs

What is the lot size of Trident Techlabs IPO?

The total size of Trident Techlabs IPO is ₹16.03 crores and this is a complete fresh Issue.

When will Trident Techlabs IPO start?

Trident Techlabs IPO will open from 21 December 2023 and IPO will close on 26 December 2023.

What is the open date of Trident Techlabs IPO?

Trident Techlabs IPO will open date from 21 December 2023.

What is the last date ( close date ) of Trident Techlabs IPO?

Trident Techlabs IPO will close from 26 December 2023.

What is the price band of Trident Techlabs IPO?

Trident Techlabs IPO price band is ₹33 to ₹35. ( Upper Price Band: ₹35, Lower Price Band: ₹33 )

What is the minimum amount required to apply for Trident Techlabs IPO?

The minimum investment for retailers to apply for Trident Techlabs IPO is ₹140,000 and the maximum investment is ₹140,000.

What is going on gray market premium of Trident Techlabs IPO?

View gray market premium of Trident Techlabs IPO by Clicking Here

How much is the GMP of Trident Techlabs IPO?

Watch Trident Techlabs IPO GMP Today: Click Here

What is the allotment date of Trident Techlabs IPO?

The allotment date of Trident Techlabs IPO is 27 December 2023.

How to check allotment status in Trident Techlabs IPO?

To check the allotment status of Trident Techlabs IPO, first of all go to the registrar website by clicking here, select your bad Trident Techlabs IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )

What is the listing date of Trident Techlabs IPO?

The listing date of Trident Techlabs IPO is 29 December 2023.

How much will be the listing gain in Trident Techlabs IPO?

View listing gain of Trident Techlabs IPO by Clicking Here

How much time Trident Techlabs IPO is subscribed?

Total 763.30 times subscribed in Trident Techlabs IPO out of which 1,059.43 times subscription was done in retail quota, 854.37 times subscription in NII quota and 117.91 times subscription in QIB quota.

How to apply for Trident Techlabs IPO from Upstox?

Click Here to see how to apply for Trident Techlabs IPO from Upstox. (step by step)

How to apply for Trident Techlabs PO from Zerodha?

Click Here to see how to apply for Trident Techlabs IPO from Zerodha. (step by step)

How to apply for Trident Techlabs IPO from Angle One?

Click Here to see how to apply for Trident Techlabs IPO from Angle One. (step by step)

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