Trident Techlabs IPO description – Trident Techlabs provides tailored technological solutions to corporations in the aerospace, defense, automotive, telecom, semiconductor, and power distribution sectors. The organization operates through two business verticals: Engineering Solutions and Power System Solutions. With a workforce exceeding 100 engineers and professionals and a nationwide network of offices, Trident Techlabs delivers technology solutions to clients, serving both domestic and international markets.
The Engineering Solutions portfolio includes a wide range of products and associated services. This encompasses diverse solutions such as system-level electronics design, chip-level electronics design, embedded design, hydraulics/pneumatics systems, system modeling, reliability and quality, design automation, power electronics, PCB designing, and electromagnetic simulations. The Power Solutions portfolio, along with its associated services, aids power distribution utilities in addressing new challenges arising from the dynamic nature of the industry and the growing pressure on network reliability.
Trident Techlabs serves over 300 clients for engineering solutions and over 150 clients for power systems solutions, situated in India, Southeast Asia, the Middle East, China, Bangladesh, and Sri Lanka.
Trident Techlabs has collaborated with diverse technology companies in emerging fields like ASIC, FPGA, functional verification, PCB, and thermal analysis. The company provides GPS-based network mapping, creates Geographical Information Systems, and offers consultancy services to enhance the efficiency and reliability of power transmission and distribution systems.
Promoters of Trident Techlabs – Sukesh Chandra Naithani, and Praveen Kapoor
Table of Contents
Trident Techlabs IPO Details
| Trident Techlabs IPO Dates | 21 – 26 Dec 2023 |
| Trident Techlabs Issue Price | INR 33 – 35 per share |
| Fresh issue | 4,580,000 shares (INR 15.11 – 16.03 crore) |
| Offer For Sale | NIL |
| Total IPO size | 4,580,000 shares (INR 15.11 – 16.03 crore) |
| Minimum bid (lot size) | 4,000 shares (INR 140,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE SME |
Trident Techlabs Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | 7M FY 2024 |
| Revenue | 28.20 | 29.74 | 67.35 | 21.02 |
| Expenses | 28.74 | 28.98 | 60.77 | 17.55 |
| Net income | (0.33) | 0.65 | 5.55 | 2.66 |
Trident Techlabs Offer News
- Trident Techlabs RHP
- Trident Techlabs Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Trident Techlabs Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 0.60 | 2.34 | 4.72 |
| PE ratio | – | – | 6.99 – 7.42 |
| RONW (%) | 1.27 | 4.73 | 29.36 |
| NAV | 47.13 | 49.47 | 67.56 |
| ROCE (%) | 8.85 | 8.25 | 23.67 |
| EBITDA (%) | 17.54 | 15.13 | 15.86 |
| Debt/Equity | 0.66 | 1.32 | 0.84 |
Trident Techlabs IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 28 December 2023 | 40 | – | 1,15,000 |
| 26 December 2023 | 45 | – | 1,30,000 |
| 23 December 2023 | 40 | – | 1,18,000 |
| 22 December 2023 | 38 | – | 1,15,000 |
| 21 December 2023 | 35 | – | 1,10,000 |
| 20 December 2023 | 40 | – | 1,15,000 |
| 19 December 2023 | 40 | – | 1,13,000 |
| 18 December 2023 | 25 | – | 81,500 |
Trident Techlabs IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
| Shares Offered | 804,000 | 1,024,000 | 1,548,000 | 3,376,000 |
| 26 Dec 2023 | 117.91 | 554.01 | 1059.43 | 681.90 |
| 22 Dec 2023 | 3.07 | 44.40 | 200.21 | 106.00 |
| 21 Dec 2023 | 1.05 | 10.63 | 61.51 | 31.68 |
Trident Techlabs IPO Allotment Status
Trident Techlabs IPO allotment status is now available on the Maashitla Securities website. Click on Maashitla Securities IPO weblink to get allotment status.
Trident Techlabs IPO Dates & Listing Performance
| IPO Opening Date | 21 December 2023 |
| IPO Closing Date | 26 December 2023 |
| Finalization of Basis of Allotment | 27 December 2023 |
| Initiation of refunds | 28 December 2023 |
| Transfer of shares to demat accounts | 28 December 2023 |
| IPO Listing Date | 29 December 2023 |
| Opening Price on NSE SME | INR 98.15 per share (up 180.43%) |
| Closing Price on NSE SME | INR 103.05 per share (up 194.43%) |
Trident Techlabs Offer Lead Manager
GYR CAPITAL ADVISORS PRIVATE LIMITED
428, Gala Empire, Near JB Tower,
Drive in Road, Thaltej
Ahmedabad-380 054, Gujarat, India
Phone:+91 8777564648
Email:Â [email protected]
Website:Â www.gyrcapitaladvisors.com
Trident Techlabs Offer Registrar
MAASHITLA SECURITIES PRIVATE LIMITED
451, Krishna Apra Business Square,
Netaji Subhash Place, Pitampura, Delhi – 110034
Phone:Â 011-45121795
Email:Â [email protected]
Website:Â www.maashitla.com
Trident Techlabs IPO Contact Details
TRIDENT TECHLABS LIMITED
1/18-20, 2nd floor, White House,
RaniJhansi Road, New Delhi-110055, India
Phone: +91 61811100-11
E-mail: [email protected]
Website: www.tridenttechlabs.com
IPO FAQs
What is the Trident Techlabs offer size?
Trident Techlabs offer size is INR 15.11 – 16.03 crores.
What is the Trident Techlabs offer price band?
Trident Techlabs public offer price is INR 33 – 35 per share.
What is the lot size of the Trident Techlabs IPO?
Trident Techlabs offer lot size is 4,000 shares.
What is Trident Techlabs IPO GMP today?
Trident Techlabs IPO GMP today is INR 40 per share.
What is the Trident Techlabs kostak rate today?
Trident Techlabs kostak rate today is NA per application.
What is Trident Techlabs Subject to Sauda rate today?
Trident Techlabs are Subject to the Sauda rate today is INR 1,15,000 per application.
