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:
- 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.
- 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
- Power Solution Division
- 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 Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-21 | 5,913.69 | 2,833.98 | -32.69 | 0.60 | 1,318.11 | 47.13 | 990.56 | 3,044.34 |
| 31-Mar-22 | 5,544.66 | 2,987.80 | 64.49 | 2.34 | 1,383.57 | 49.47 | 1,055.05 | 2,959.99 |
| 31-Mar-23 | 4,981.46 | 6,824.16 | 554.81 | 4.72 | 1,653.73 | 67.56 | 1,609.86 | 2,299.60 |
| 31-Oct-23 | 6,144.08 | 2,114.33 | 266.13 | 2.23 | 2,470.68 | – | 1,200.57 | 2,532.47 |
Objective of Trident Techlabs IPO Issue
- Funding the working capital requirements of the Company
- General corporate purposes.
Trident Techlabs IPO Basic Details
| IPO Date | Dec 21, 2023 to Dec 26, 2023 |
| Listing Date | Friday, December 29, 2023 |
| Face Value | ₹10 per share |
| Price | ₹33 to ₹35 per share |
| Lot Size | 4000 Shares |
| Issue Size | 4,580,000 shares of ₹10 (aggregating up to ₹16.03 Cr) |
| Fresh Issue | 4,580,000 shares of ₹10 (aggregating up to ₹16.03 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 12,701,064 |
| Share holding post issue | 17,281,064 |
| Company Promoters | Mr Sukesh Chandra Naithani and Mr. Praveen Kapoor |
Trident Techlabs IPO Reservation
| Anchor Investor Shares Offered | 26.29% of the Net Issue |
| Market Maker Shares Offered | 7.86% of the Net Issue |
| QIB Shares Offered | 17.55% of the Net Issue |
| NII (HNI) Shares Offered | 14.50% of the Net Issue |
| Retail Shares Offered | 33.80% of the Net Issue |
| Total Shares Offered | 100.00% 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.
| Event | Date |
| Opening Date | 21 December 2023 (Thursday) |
| Closing Date | 26 December 2023 (Tuesday) |
| Basis of Allotment | 27 December 2023 (Wednesday) |
| Initiation of Refunds | 28 December 2023 (Thursday) |
| Credit of Shares to Demat | 28 December 2023 (Thursday) |
| Listing Date | 29 December 2023 (Friday) |
| Deadline for UPI mandate confirmation | 5 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.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 4000 | ₹140,000 |
| Retail (Max) | 1 | 4000 | ₹140,000 |
| S-HNI (Min) | 2 | 8000 | ₹280,000 |
Trident Techlabs IPO Promoter Holding
The company’s promoters include Mr Sukesh Chandra Naithani and Mr. Praveen Kapoor.
| Pre Issue Share Holding | 92.48% |
| 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.
| KPI | Values |
| 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 Ratio | 0.84 |
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
| Date | GMP | Kostak | Subject to |
| Today | ₹50 | – | – |
| 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.
| Category | Subscription |
| QIB | 117.91x |
| NII | 854.37x |
| Retail | 1,059.43x |
| Total | 763.30x |
Trident Techlabs IPO Prospectus
| Trident Techlabs IPO DRHP | Download |
| Trident Techlabs IPO RHP | Download |
| Trident Techlabs IPO Anchor Investors Details PDF | Download |
Trident Techlabs IPO Rating
| Our Rating | 4.5/5.0 |
Trident Techlabs Company Contact Information
Trident Techlabs Limited
Registered Office: 1/18-20, 2nd floor, White House, Rani Jhansi Road, New Delhi-110055, India.
Tel: +91 61811100-11
Website: www.tridenttechlabs.com
Contact Person: Iram Naaz, Company Secretary and Compliance Officer
E-mail: compliance@tridenttechlabs.com,
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
Email: ipo@maashitla.com
Investor Grievance e-mail: ig@maashitla.com
Website: www.maashitla.com
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: info@gyrcapitaladvisors.com
Website: www.gyrcapitaladvisors.com
Investor Grievance e-mail ID: investors@gyrcapitaladvisors.com
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?
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How to apply for Trident Techlabs PO from Zerodha?
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How to apply for Trident Techlabs IPO from Angle One?
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