Tridhya Tech IPO Details | GMP, Date, Price, Review

Tridhya Tech IPO Details GMP, Date, Price, Review, Allotment

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Tridhya Tech IPO Details ( Tridhya Tech Limited IPO Review )

(30 Jun 2023 – 05 Jul 2023)

Tridhya Tech Limited, established in 2018, specializes in providing comprehensive software development services and solutions.

The company offers IT consultancy services to various industries, including e-commerce, real estate, transport and logistics, insurance, and more. Their wide range of services encompasses e-commerce development, enterprise content management, bespoke web management, mobile app development, API development, product support and maintenance, front-end development, and graphic design.

Tridhya Tech excels in delivering tailored software products, starting from conceptualizing the product requirements, designing the architecture, coding and testing, all the way to final deployment. They also provide timely post-deployment support to their clients. Additionally, the company offers project management, consultation services, maintenance, and support to ensure project success and the longevity of the software.

In January 2022, Tridhya Tech Limited acquired Concentric IT Services Private Limited (Concentric), a software development company, through a complete equity acquisition. Furthermore, in December 2022, the company acquired Basilroot Technologies Private Limited (BTPL) and Vedity Software Private Limited (Vedity), two software development companies, with a complete equity takeover.

Tridhya Tech has established a robust presence in the international market, serving clients in countries such as Australia, Canada, Estonia, France, Germany, Israel, Italy, Japan, Mauritius, Netherlands, Qatar, Singapore, Switzerland, the United Arab Emirates, the United Kingdom, and the United States. In the domestic market, their customer base primarily resides in Maharashtra, Gujarat, Punjab, Telangana, and Karnataka.

Tridhya Tech Limited Company Product

  • IT Solutions Developments & Maintenance Services (Time Base Income)
    1. E-commerce development
    2. Enterprise Content Management (ECM)
    3. Bespoke Web Management
    4. Mobile App development
    5. API development
    6. Product Support and Maintenance
    7. Front End Development
    8. Graphic Design
  • IT Staff Augmentation (Fixed Basis Income)

Tridhya Tech Limited IPO Competitive Strength

  • Experienced Promoter
  • End-to-end IT Services under a single umbrella
  • Quality Service
  • Skilled Team

Tridhya Tech IPO Financials Performance ( Results )

Tridhya Tech Limited Financial Information ( Restated Consolidated )

All Amount in ₹ Lakhs

Period EndedTotal AssetsTotal RevenuePATEPS
Net WorthNAV

Objective of IPO Issue

  • Repayment of unsecured and secured loans
  • General Corporate Purpose
  • Meeting Public Issue Expenses

Tridhya Tech IPO Basic Details

IPO DateJun 30, 2023 to Jul 05, 2023
Listing DateThursday, July 13, 2023
Face Value₹10 per share
Price₹35 to ₹42 per share
Lot Size3000 Shares
Issue Size6,288,000 shares
(aggregating up to ₹26.41 Cr)
Fresh Issue6,288,000 shares
(aggregating up to ₹26.41 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue17,000,000
Share holding post issue23,288,000
Company PromotersRamesh Marand And Vinay Dangar

Tridhya Tech IPO Reservation

QIB Shares Offered50% of the Net Issue
NII (HNI) Shares Offered15% of the Net Issue
Retail Shares Offered35% of the Net Issue

Tridhya Tech IPO Timetable

Tridhya Tech IPO will open on June 30, 2023 and close on July 05, 2023. You can join Tridhya Tech IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Opening Date30 June 2023 (Friday)
Closing Date05 July 2023 (Wednesday)
Basis of Allotment10 July 2023 (Monday)
Initiation of Refunds11 July 2023 (Tuesday)
Credit of Shares to Demat12 July 2023 (Wednesday)
Listing Date13 July 2023 (Thursday)

Tridhya Tech IPO Lot Size

For retail investors in Tridhya Tech IPO, 3000 shares will come in 1 lot or the minimum investment will be ₹126,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹126,000.

Retail (Min)13000₹126,000
Retail (Max)13000₹126,000
S-HNI (Min)26000₹252,000

Tridhya IPO Promoter Holding

Pre Issue Share Holding80.80%
Post Issue Share Holding58.98%

Tridhya Tech IPO Valuation – FY2022

Earning Per Share (EPS)₹23.58 per Equity Share
Price/Earning P/E Ratio26.09
Return on Net Worth (RoNW)22.37%
Net Asset Value (NAV)₹49.44 per Equity Share
Upper Price/Book Value (Price/BV) RatioComing Soon

Tridhya Tech Ltd Key Performance Indicator

Market Cap (₹ Cr.)97.80
P/E (x)26.09
ROE (%)20.90
ROCE (%)26.40
Debt/Equity (Dec 2022)1.23

Tridhya Tech Ltd Peer Comparison

Company NameConsolidated/
Tridhya Tech LimitedConsolidated421023.5826.0922.3749.44
Peer Group
Dev Information
Technologies Limited
Silverline Technologies
Infobeans Technologies

Tridhya Tech IPO GMP Live Update, Kostak Rate day by day

DateGMPKostakSubject to
13 July 2023₹6
12 July 2023₹5
11 July 2023₹5
10 July 2023₹5
9 July 2023₹12
8 July 2023₹12
7 July 2023₹12
6 July 2023₹12
5 July 2023₹12
4 July 2023₹13
3 July 2023₹10
2 July 2023₹10
1 July 2023₹10
30 June 2023₹10
29 June 2023₹9
28 June 2023₹4
27 June 2023₹5
26 June 2023₹4

Tridhya Tech IPO Detail Video:

Tridhya Tech IPO Subscription Status (Bidding Detail)

The Tridhya Tech IPO on July 05, 2023 at 7:30:00 PM was subscribed 72.38 times, with the retail category being subscribed 67.62 times, the NII (Non-Institutional Investor) category being subscribed 181.72 times and the QIB (Qualified-Institutional Buyers) category being subscribed 15.62 times.


Tridhya Tech IPO Prospectus

Tridhya Tech IPO DRHPDownload
Tridhya Tech IPO RHPDownload

Tridhya Tech IPO Rating

Our Rating3.0/5.0

Tridhya Tech Company Contact Information

Tridhya Tech Limited

Registered office: 401, One World West, Near Ambli T-Junction 200′ S. P. Ring Road, Bopal Ahmedabad – 380058
Tel No.: +919571831080
Contact Person: Bhanvi Chaudhary, Company Secretary and Compliance Officer
Promoter Of The Company: Ramesh Marand And Vinay Dangar

Tridhya Tech IPO Registrar

Link Intime India Private Limited

Address: C- 101, First Floor, 247 Park, L.B.S Marg, Vikhroli (West), Mumbai – 400083
Tel No.: +91 8108114949
Investor Grievance Email:
Contact Person: Shanti Gopalkrishnan
SEBI Reg. No.: INR000004058

Tridhya Tech IPO Lead Manager

Interactive Financial Services Limited

Address: 612, 6th Floor, Shree Balaji Heights, Kokilaben Vyas Marg,
Ellisbridge, Ahmedabad – 380 009, Gujarat, India
Tel No.: 079 46019796
(M): +91-9898055647
Investor Grievance Email:
Contact Person: Mr. Pradip Sandhir
SEBI Reg. No.: INM000012856

Tridhya Tech IPO FAQs

What is the lot size of Tridhya Tech IPO?

The total size of Tridhya Tech IPO is ₹26.41 crores and this is a complete fresh Issue.

When will Tridhya Tech IPO start?

Tridhya Tech IPO will Open from 30 June 2023 and IPO will Close on 05 July 2023.

What is the open date of Tridhya Tech IPO?

Tridhya Tech IPO will open date from 30 June 2023.

What is the last date ( close date ) of Tridhya Tech IPO?

Tridhya Tech IPO will close from 05 July 2023.

What is the price band of Tridhya Tech IPO?

Tridhya Tech IPO price band is ₹35 to ₹42. ( Upper Price Band: ₹42, Lower Price Band: ₹35 )

What is the minimum amount required to apply for Tridhya Tech IPO?

The minimum investment for retailers to apply for Tridhya Tech IPO is ₹126,000 and the maximum investment is ₹126,000.

What is going on gray market premium of Tridhya Tech IPO?

View gray market premium of Tridhya Tech IPO by Clicking Here

How much is the GMP of Tridhya Tech IPO?

Watch Tridhya Tech IPO GMP Today: Click Here

What is the allotment date of Tridhya Tech IPO?

The allotment date of Tridhya Tech IPO is 10 July 2023.

How to check allotment status in Tridhya Tech IPO?

To check the allotment status of Tridhya Tech IPO, first of all go to the registrar website by clicking here, select your bad Tridhya Tech 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 Tridhya Tech IPO?

The listing date of Tridhya Tech IPO is 13 July 2023.

How much will be the listing gain in Tridhya Tech IPO?

View listing gain of Tridhya Tech IPO by Clicking Here

How much time Tridhya Tech IPO is subscribed?

Total 72.38 times subscribed in Tridhya Tech IPO out of which 67.62 times subscription was done in retail quota, 181.72 times subscription in NII quota and 15.62 times subscription in QIB quota.

How to apply for Tridhya Tech IPO from Upstox?

Click Here to see how to apply for Tridhya Tech IPO from Upstox. (step by step)

How to apply for Tridhya Tech IPO from Zerodha?

Click Here to see how to apply for Tridhya Tech IPO from Zerodha. (step by step)

How to apply for Tridhya Tech IPO from Angle One?

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

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