The Trident Techlabs IPO started on December 21, 2023, and ended on December 26, 2023. Shares were allocated on December 27, 2023, and refund processes began on December 27, 2023. On December 28, 2023, the shares were credited to investors demat accounts. Trident Techlabs was officially listed on the stock exchange on December 29, 2023.
During the IPO, Trident Techlabs offered shares at a price range of ₹33 to ₹35 per share, and the lot size was 4000 shares. The total issue size was ₹16.03 crores, with ₹16.03 crores from new shares. The IPO was listed on both the NSE SME.
Regarding share reservations, 17.55% of the shares were allocated to Qualified Institutional Buyers (QIB), 14.50% were reserved for Non-Institutional Investors (NII), and 33.80% were set aside for retail investors.
Trident Techlabs IPO Subscription Update Video
Trident Techlabs IPO Subscription Status
The Trident Techlabs IPO on December 26, 2023 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, the 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 Basic Details
| Company Name | Trident Techlabs Limited |
| Domain of Company | Technology Solution Company |
| Trident Techlabs IPO Open Date | December 21, 2023 |
| Trident Techlabs IPO Close Date | December 26, 2023 |
| Trident Techlabs IPO Allotment Date | December 27, 2023 |
| Trident Techlabs IPO Listing Date | 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 |
| Company Promoters | Mr Sukesh Chandra Naithani and Mr. Praveen Kapoor |
About Trident Techlabs Limited
Trident Techlabs Limited started its journey in the year 2000. We specialize in creating technology solutions for various industries, including aerospace, defense, automotive, telecommunications, semiconductor, and power distribution.
Our company is divided into two main areas:
- Engineering Solutions: We offer consulting and technical services in different areas such as 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: We provide products and services to power distribution utilities. Our goal is to help them maximize the capacity of aging transmission infrastructure, manage the increasing intermittent generation from renewable energy sources, and implement smart grid technologies that add complexity to transmission investment decisions.
At Trident Techlabs, we have a team of over 100 engineers and professionals dedicated to delivering high-quality solutions for our clients.
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Trident Techlabs IPO FAQs
What is the start and end date of Trident Techlabs IPO Subscription?
The Trident Techlabs IPO started on December 21, 2023, and ended on December 26, 2023.
When does Trident Techlabs IPO Subscription open?
The Trident Techlabs IPO open on December 21, 2023.
When does Trident Techlabs IPO Subscription close?
The Trident Techlabs IPO Close on December 26, 2023.
What is the allotment date of Trident Techlabs IPO?
The allotment date for Trident Techlabs IPO is December 27, 2023.
When is the initial refund date of Trident Techlabs IPO?
The initial Refund date for Trident Techlabs IPO is December 28, 2023.
When were the shares credited to investors demat accounts for the Trident Techlabs IPO?
The shares for the Trident Techlabs IPO were credited to investors demat accounts on December 28, 2023.
When will Trident Techlabs IPO be listed on the stock market?
Trident Techlabs IPO stock market will be listed on December 29, 2023 at 10 am.
What was the price range of the Trident Techlabs IPO shares?
The Trident Techlabs IPO shares were offered at a price range of ₹33 to ₹35 per share.
What was the lot size for the Trident Techlabs IPO shares?
The lot size for the Trident Techlabs IPO shares was 4000 shares.
What was the total issue size of the Trident Techlabs IPO?
The total issue size of the Trident Techlabs IPO was ₹16.03 crores.
How were the shares allocated among different types of investors for the Trident Techlabs IPO?
17.55% of the shares were allocated to Qualified Institutional Buyers (QIB), 14.55% were reserved for Non-Institutional Investors (NII), and 33.80% were set aside for retail investors.
On which stock exchanges was the Trident Techlabs IPO listed?
The Trident Techlabs IPO was listed on the NSE SME.
What is the Trident Techlabs IPO Subscription Status?
Trident Techlabs IPO is subscribed 763.30 Times.
