Hello my fellow finance enthusiasts, there is a huge investment opportunity opening up in the near future. Yes, you heard absolutely right. The Trident Techlabs IPO is going to open soon. So I will give you complete information about Trident Techlabs IPO here on IPO India.
On this article I will inform you about Trident Techlabs IPO Date, Price, GMP, Review and Best 3 IPOs to Invest. So without wasting any more time let’s start.
About Trident Techlabs Limited
Established in the year 2000, Trident Techlabs Limited specializes in delivering technology-based solutions to various industries such as aerospace, defense, automotive, telecommunications, semiconductor and power distribution.
The company operates through two different verticals:
- Engineering Solutions: Consultancy and technical services including system-level electronic design, chip-level electronic design, embedded design, hydraulic/pneumatic systems, system modeling, reliability and quality assurance, design automation, power electronics, PCB offers. Design and electromagnetic simulation.
- Power System Solutions: Providing a comprehensive range of products and services to power distribution utilities, Trident TechLabs helps optimize the capacity of aging transmission infrastructure. The company also helps manage the challenges posed by growing intermittent generation from renewable energy sources and facilitates the deployment of smart grid technologies by introducing complexity into transmission investment decisions.
Trident TechLabs has a workforce of over 100 skilled engineers and professionals committed to delivering innovative solutions and meeting the evolving needs of its customers.
Trident Techlabs IPO GMP
| Exp. Premium (GMP) | ₹[_] per Share |
About Trident Techlabs IPO
Here is some information about Trident Techlabs IPO which will help you in making a decision to invest in Trident Techlabs IPO. It appears to be a book-built offer with a total value of Rs ₹16.03 crore, including 45.8 lakh share offer for sale in full.
Summary of the key details
- Issue Size: Rs 16.03 crores
- Offer for Sale: 45.8 lakh shares
- Subscription Period: December 21, 2023 to December 26, 2023
- Allotment Date: December 27, 2023
- Listing Date: December 29, 2023
Price Range of Trident Techlabs IPO
- ₹33 to ₹35 per share
Lot Size of Trident Techlabs IPO
- Minimum Lot: 4000 Shares.
- Minimum Investment for Retail Investors: ₹140,000
Minimum Lot Size Investments for Trident Techlabs IPO
- HNI: 2 lots (8000 shares), amounting to ₹280,000
This information provides potential investors with the details they need to participate in the Trident Techlabs IPO. It is important to note that investing in IPOs carries risks, and individuals should do their own research or consult financial professionals before making investment decisions.
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Trident Techlabs IPO
| Open Date | December 21, 2023 |
| Close Date | December 26, 2023 |
| Allotment Date | December 27, 2023 |
| Listing Date | December 29, 2023 |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹33-35 Per Equity Share |
| Issue Size | 4,580,000 shares (Aggregating up to ₹16.03 Cr) |
| Market Lot (Min. Amount) | 4000 Shares (₹140,000) |
| Listing at Group(s) | BSE SME |
| Lead Manager | GYR Capital Advisor Private Limited |
| Register | Maashitla Securities Private Limited |
| Retail Portion | 35% |
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Valuations of Trident Techlabs IPO
| Earnings Per Share (EPS) | ₹4.27/- |
| P/E Ratio | 7.42 |
| RoNW | 28.33% |
| Net Asset Value (NAV) -as on 31.03.23 | ₹N/A |
Trident Techlabs Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves & Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Oct 2023 | 6,144.08 | 2,114.33 | 266.13 | 2,470.68 | 1,200.57 | 2,532.47 |
| 31 Mar 2023 | 4,981.46 | 6,824.16 | 554.81 | 1,653.73 | 1,609.86 | 2,299.60 |
| 31 Mar 2022 | 5,544.66 | 2,987.80 | 64.49 | 1,383.57 | 1,055.05 | 2,959.99 |
| 31 Mar 2021 | 5,913.69 | 2,833.98 | -32.69 | 1,318.11 | 990.56 | 3,044.34 |
Promoter(s)
| Pre Issue Share Holding | -% |
| Post Issue Share Holding | -% |
Company Promotor(s):-
- Mr. Sukesh Chandra Naithani
- Mr. Praveen Kapoor
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Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 7.42 |
| ROE | 34.41% |
| ROCE | 23.67% |
| EPS (Rs) | 4.72 |
| RoNW | 28.33% |
Issue Objective(s)
- Funding the working capital requirement of the Company
- General corporate purposes
Trident Techlabs IPO Registrar
| Name | Maashitla Securities Private Limited |
| Phone | +91-11-45121795-96 |
| ipo@maashitla.com | |
| Website | https://maashitla.com/allotment-status/public-issues |
Trident Techlabs IPO Review
As an investor, I’m always looking for promising companies with high growth potential, and Trident TechLabs certainly piqued my interest. Here is my initial review based on available information:
Positives:
- Diversified Exposure: They operate in two different verticals – Engineering Solutions and Power System Solutions – catering to various industries like Aerospace, Defense and Power Distribution. This diversification reduces risk compared to companies that focus on a single sector.
- Solid Financials: Despite negative EPS in FY21, the company has shown consistent revenue and profit growth in subsequent years. The latest P/E ratio of 7.42 is also attractive compared to the industry average.
- Experienced Leadership: The presence of experienced founders like Mr. Sukesh Chandra Naithani and Mr. Praveen Kapoor inspires confidence in their ability to navigate challenges and seize opportunities.
- Growing Market: Both engineering solutions and power system solutions are sectors that are expected to witness significant growth in the coming years, especially with increased focus on renewable energy and automation.
Concerns:
- Limited Track Record: Despite improving financials, the company is still relatively young with a short track record compared to established players. This requires a careful approach.
- Valuation Uncertainty: While the P/E ratio seems reasonable, a thorough IPO review with detailed valuation analysis is needed to assess whether the issue price is truly attractive.
- Small Issue Size: Rs. The total issue size of 16.03 crore falls under the SME IPO category, which may lead to higher volatility and liquidity concerns post-listing.
Overall:
Based on the information available, Trident TechLabs looks like a potentially interesting investment opportunity, especially for those looking to get exposure to the technology sector and its various applications. However, it is important to thoroughly review a company’s financials, valuation and risk factors before making any investment decisions. I recommend waiting for the full IPO review for a more in-depth analysis and specific recommendations.
Remember, investing always carries risk, and this review is not financial advice. It is your responsibility to make your own due diligence and informed decisions based on your individual circumstances and risk tolerance.
Conclusion
In conclusion, the Trident Techlabs IPO represents a unique opportunity for investors seeking exposure to the technology sector, particularly engineering and power system solutions. With strong financial performance, experienced leadership and diverse applications in various industries, the company’s future looks promising.
However, it is important to remember that IPOs carry inherent risks. Carefully evaluate the company’s valuation, financial health and market conditions before making investment decisions. Consider consulting a financial advisor for personalized guidance and diversifying your portfolio to manage risk.
Stay tuned for the next IPO review on this platform for more comprehensive analysis and possible recommendations on the investment potential of Trident Techlabs.
Trident Techlabs IPO FAQs
When Trident Techlabs IPO is coming?
The Trident Techlabs IPO opens on December 21, 2023 and closes on December 26, 2023.
What is the lot size of Trident Techlabs IPO?
Trident Techlabs IPO lot size is 4000 Shares, and the minimum amount required is ₹140,000.
When Trident Techlabs IPO Allotment?
The finalization of Basis of Allotment for Trident Techlabs IPO will be done on Wednesday, December 27, 2023, and the allotted shares will be credited to your demat account by Thursday, December 28, 2023.