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Open
21 Dec 2023
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Close
26 Dec 2023
3
Allotment
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Listing
Fri, Dec 29, 2023
Price Band
₹33 to ₹35
Issue Size
45,80,000 shares (agg. up to ₹16 Cr)
Lot Size
4,000 Shares
Listing Date
Fri, Dec 29, 2023
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 537.61x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Oct 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 61.44 | 49.81 | 55.45 | 59.14 |
| Total Income | 21.14 | 68.24 | 29.88 | 28.34 |
| Profit After Tax | 2.66 | 5.55 | 0.64 | -0.33 |
| NET Worth | 24.71 | 16.54 | 13.84 | 13.18 |
| Reserves and Surplus | 12.01 | 16.10 | 10.55 | 9.91 |
| Total Borrowing | 25.32 | 23.00 | 29.60 | 30.44 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Micropro Software Solutions Ltd. | SME | ₹30.70 Cr | ₹81 | 0.34 | ₹76.00 | -6.17% | ₹20.20 (+5.21%) |
| Canarys Automations Ltd. | SME | ₹47.03 Cr | ₹31 | 15.82 | ₹41.30 | +33.23% | ₹18.75 (-0.27%) |
| Kody Technolab Ltd. | SME | ₹27.52 Cr | ₹160 | 22.66 | ₹178.50 | +11.56% | ₹1,278.95 (-0.66%) |
| Yudiz Solutions Ltd. | SME | ₹44.84 Cr | ₹165 | 61.8 | ₹181.40 | +9.94% | ₹23.25 (-4.91%) |
| AccelerateBS India Ltd. | SME | ₹5.69 Cr | ₹90 | 27.27 | ₹114.97 | +27.74% | ₹100.23 (-5.00%) |
| Systango Technologies Ltd. | SME | ₹34.82 Cr | ₹90 | 15.13 | ₹102.90 | +14.33% | ₹222.55 (-1.92%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of the Company | 12.00 |
| 2 | General corporate purposes | 2.46 |
About Trident Techlabs IPO
Incorporated in 2000, Trident Techlabs Limited provides technology-based solutions to the aerospace, defense, automotive, telecommunications, semiconductor, and power distribution industries. The company has two verticals: Engineering Solutions: Consulting and technical services in 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: providing products and services to power distribution utilities that help them maximize the capacity of aging transmission infrastructure, manage increasing intermittent generation from renewable energy sources, and deploy smart grid technologies that add complexity to transmission investment decisions. Trident Techlabs employs more than 100 engineers and professionals.+ Read More
Contact Details
Trident Techlabs Ltd. Address1/18-20, 2nd floor, White HouseRani Jhansi RoadDelhi, New Delhi, 110055+91 61811100compliance@tridenttechlabs.comVisit Website