Trident Techlabs Ltd IPO

Trident Techlabs Ltd IPO

IT - Software

sme

Bidding period

21 Dec 2023 - 26 Dec 2023

Bid price

₹35.00 - ₹35.00

Listing on

NSE-SME

Listing date

29 Dec 2023

Lot size

4000 shares

Issue size

₹16.03 crore


Minimum investment

₹1,40,000.00 / 1 lot

Maximum investment

₹1,40,000.00 / 1 lot

Bidding closed on 26 Dec 2023

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Trident Techlabs Ltd IPO dates

IPO opening date

21 Dec 2023

IPO end date

26 Dec 2023

Allotment date

27 Dec 2023

Initiation of refunds

28 Dec 2023

Credit of shares to demat

28 Dec 2023

IPO listing date

29 Dec 2023

Trident Techlabs Ltd IPO financials

Particulars

For the period ending in March 2022 (in ₹ million)

Total assets ₹55.28
Total liabilities ₹55.28
Total expenditure ₹28.97
Total revenue ₹29.88
Profit after tax ₹0.65
EBITDA ₹4.82
Adjusted EBITDA ₹0.00

Trident Techlabs Ltd shareholder pattern

Pre-issue Post-issue
Promoter group 72.22 0.0
Public group 27.78 0.0

Trident Techlabs Ltd strengths and risks

Information currently unavailable

  • Scaled platform with strong track record of growth and market leadership.

  • Experienced management team, backed by a strong board and marquee shareholders, along with strong culture of compliance.

  • Deeply entrenched, long-standing client relationships with a diversified and expanding client base.

  • Its business is dependent on a few of the company clients who contribute to majority of its revenues from operations. Any loss of business from them may adversely affect itd revenues and profitability.

  • If the company fail to innovate in response to changing client needs and adopt and develop new technologies, or adapt to evolving industry standards, its business, financial condition, and results of operations could be adversely affected.

  • If the company cannot execute its strategy to expand its business into international markets, the company's business and prospects may be materially and adversely affected.

  • If the company is unable to hire, integrate, train and retain its engineers and technical personnel, its business could suffer.

  • Its success depends upon the company's ability to develop new tools, designs, solutions and services.

  • There has been certain lapses and such as discrepancies and/or typographical errors in Statutory filings. The company cannot assure you that no regulatory action will be initiated against it and that no penalties will be imposed on the company on account of these lapses.

  • Failure to implement its growth strategy to provide solutions and services to the defence and aerospace sector.

  • The restated financial statements have been provided by peer reviewed chartered accountants who is not statutory auditor of the Company.

  • Relevant copies of educational qualifications of some of its Directors and Promoters are not traceable.

  • There has been instances in past for Non-Provisioning of Gratuity Expenses and failure to obtain the actuarial report for purpose of determining the gratuity liability required as per AS-15 of Employees Benefits which may result into increase/decrease in expenses and gratuity liability.

How to check the allotment status of the Trident Techlabs Ltd IPO?

To check the IPO allotment status, follow these steps:

 

  1. Visit the official website of the IPO’s registrar.
  2. Go to the IPO allotment status page.
  3. Select the ‘Trident Techlabs Ltd’ from the list of available IPOs.
  4. Enter your PAN, Demat ID, or application number.
  5. Click on ‘Submit’ or ‘Check Status’ to view your allotment details.

Alternatively, you can also check the allotment status on stock exchange websites such as the NSE or BSE.

To check the IPO allotment status, follow these steps:

 

  1. Visit the official website of the IPO’s registrar.
  2. Go to the IPO allotment status page.
  3. Select the ‘Trident Techlabs Ltd’ from the list of available IPOs.
  4. Enter your PAN, Demat ID, or application number.
  5. Click on ‘Submit’ or ‘Check Status’ to view your allotment details.

Alternatively, you can also check the allotment status on stock exchange websites such as the NSE or BSE.

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Trident Techlabs Ltd IPO registrar

Maashitla Securities Pvt Ltd

Phone number 011-45121795
E-mail ID ipo@maashitla.com
Website www.maashitla.com

Trident Techlabs Ltd IPO reservation

QIB shares offered

8,04,000 (17.55%)

NII (HNI) shares offered

6,64,000 (14.5%)

Retail shares offered

15,48,000 (33.8%)

Anchor investor shares offered

12,04,000 (26.29%)

Total shares offered

45,80,000

Total shares with anchor investor

45,80,000

Trident Techlabs Ltd IPO lead manager

  • GYR Capital Advisors Pvt Ltd

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How to apply for an IPO with Bajaj Broking?

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  • Log in to the Bajaj Broking trading platform and select ‘IPO’ from the menu.
  • Browse the list of open IPOs and click ‘Apply’ for your chosen IPO.
  • Enter the quantity and your UPI ID.
  • Submit your application—and you're done!

Frequently asked questions

What is the listing date for the Trident Techlabs Ltd IPO?

The listing date for the Trident Techlabs Ltd IPO is 29 Dec 2023.

What is the issue size of Trident Techlabs Ltd IPO?

The issue size of the Trident Techlabs Ltd IPO is ₹16.03 cr.

What is the minimum lot size needed for Trident Techlabs Ltd IPO?

The minimum lot size for Trident Techlabs Ltd IPO is 4000

When does the Trident Techlabs Ltd open and close?

Trident Techlabs Ltd IPO is open from 21 Dec 2023 to 26 Dec 2023.

How can I apply for the Trident Techlabs Ltd IPO?

To apply for the Trident Techlabs Ltd, follow the steps given below:

  • Log in to your Bajaj Broking trading account and navigate to the current IPOs section.
  • Browse the list of open IPOs and click ‘Apply’ for your chosen PO.
  • Enter the quantity and your UPI ID. You will receive a mandate notification to block funds in your UPI app.
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