Trident Techlabs IPO Date, Price, Details

Introduction to Trident Techlabs

Trident Techlabs Limited is a technology consulting and service provider company that delivers effective business solutions to its clients. The company specializes in leveraging technology to help organizations achieve their goals and drive success. With its deep industry experience and comprehensive understanding of the business-technology landscape, Trident Techlabs offers a 360-degree view of “Business through Technology.”

The primary objective of Trident Techlabs is to assist clients in creating winning business outcomes. By combining their expertise in technology with an in-depth knowledge of various industries, the company helps organizations enhance their efficiency, productivity, and profitability. Trident Techlabs aims to be a trusted partner for businesses in their digital transformation journey.

The company’s business model revolves around providing tailored solutions to meet the unique needs and challenges of each client. Trident Techlabs offers a range of services, including IT consulting, software development, system integration, data analytics, cloud computing, and digital marketing. By combining these services with their industry expertise, the company ensures that its clients receive the most suitable and effective solutions.

Strengths of Trident Techlabs include its deep industry experience, which enables them to understand the specific requirements and pain points of different sectors. The company also boasts a highly skilled and dedicated workforce that is well-versed in the latest technologies and industry best practices. Additionally, Trident Techlabs has a strong focus on innovation and constantly invests in research and development to deliver cutting-edge solutions.

However, like any organization, Trident Techlabs has certain weaknesses. One potential drawback is the intense competition in the technology consulting industry. To maintain its competitive edge, the company needs to continually adapt to technological advancements and market trends. Another challenge Trident Techlabs might face is the need to balance cost-effectiveness with high-quality solutions, as clients often have budget constraints.

In terms of growth prospects, Trident Techlabs is well-positioned to capitalize on the increasing demand for technology-driven solutions. As businesses across industries recognize the importance of digital transformation, the company has ample opportunities to expand its client base. Additionally, Trident Techlabs can explore partnerships and collaborations with other technology providers to enhance its service offerings and reach a wider market.

Overall, Trident Techlabs Limited is a technology consulting and service provider company that leverages its industry experience and comprehensive understanding of business-technology to help clients achieve their goals. With a focus on delivering winning business outcomes, the company offers a range of services and aims to be a trusted partner for organizations in their digital transformation journey.

Trident Techlabs IPO Details

The Trident Techlabs IPO is a book-built issue with a total size of ₹16.03 crore. It consists entirely of fresh issues of 45.8 lakh shares. The IPO price band is set at ₹33 to ₹35 per share.

The IPO bidding for Trident Techlabs opened on December 21, 2023, and will close on December 26, 2023. The minimum lot size for an application is 4,000 shares, requiring a minimum investment of ₹140,000.00.

The listing date for Trident Techlabs IPO is scheduled for December 29, 2023. It is expected to be listed on the stock exchange on that day.

It is important to note that the IPO allotment process for Trident Techlabs has not been mentioned in the available data. The allotment process usually takes place after the IPO closes, and shares are allocated to investors based on the number of shares they applied for and the oversubscription, if any.

Investors and potential applicants should carefully consider the financials, business prospects, and other relevant factors before participating in the Trident Techlabs IPO. They should also consult with their financial advisors or conduct their own research to make informed investment decisions.

It is recommended to refer to official sources such as the company’s prospectus and regulatory filings for more specific and updated information about the Trident Techlabs IPO.

Trident Techlabs IPO Price Band

The price band for the Trident Techlabs IPO is set at ₹33 to ₹35 per share. This means that investors have the opportunity to subscribe to the IPO at a price within this range.

The lower end of the price band, ₹33, represents the minimum price at which an investor can participate in the Trident Techlabs IPO. On the other hand, the upper end of the price band, ₹35, represents the maximum price at which an investor can subscribe.

It is important to note that the IPO price band is determined by the company and its underwriters after considering various factors such as the company’s financials, industry outlook, demand-supply dynamics, and market conditions.

Investors who are interested in participating in the Trident Techlabs IPO should carefully consider their investment objectives, risk appetite, and the valuation of the company within the given price band. They should also closely monitor any updates or changes in the IPO price band as well as the overall market sentiment before making their investment decision.

It is advisable to refer to the official prospectus and regulatory filings for complete and up-to-date information regarding the Trident Techlabs IPO price band.

Trident IPO Type

The Trident Techlabs IPO is an initial public offering (IPO) that follows the book building process.

In a book-built IPO, the company issuing the shares and its underwriters set a price range within which investors can bid for the shares. Investors submit their bids indicating the quantity of shares they want to subscribe to and the price at which they are willing to buy the shares. The bidding period is typically open for a few days.

During the bidding period, bids are collected from various investors. This helps determine the demand and price discovery for the shares. Based on the demand received, the final issue price is determined.

The book-building process allows for market-driven price discovery, where the share price is determined by the demand from investors. It provides transparency and fair pricing for both the issuing company and investors.

Trident Techlabs has opted for a book-built IPO for its public offering. This means that investors interested in participating in the IPO will have the opportunity to bid for shares within the specified price range and contribute to the price discovery process.

Investors should carefully consider the risks and potential rewards associated with the Trident Techlabs IPO and consult with their financial advisors before making any investment decisions. It’s also recommended to refer to the official prospectus and regulatory filings for complete and up-to-date information regarding the IPO.

Trident Techlabs IPO Subscription Status

As of the latest available data on December 22, 2023, the retail category of the Trident Techlabs IPO has been subscribed 204.78 times. This indicates strong demand from retail investors for the shares of Trident Techlabs.

However, the overall subscription status of the IPO, which includes both retail and institutional investors, has not been provided in the given information. To get a complete picture of the subscription status, it is recommended to refer to official sources or financial news platforms that regularly update the subscription numbers.

It’s worth noting that the IPO subscription period for Trident Techlabs is still ongoing and will close on December 26, 2023. The subscription status may change as more investors submit their bids during this period.

Investors who are interested in participating in the Trident Techlabs IPO should closely monitor the subscription status and consider the level of oversubscription before making their investment decisions. It is important to conduct thorough research, review the prospectus, and seek guidance from financial advisors to make informed investment choices.

Trident Techlabs IPO Timeline

The timeline for the Trident Techlabs IPO is as follows:

  1. December 21, 2023: The bidding process for the Trident Techlabs IPO opened for subscription. During this period, investors have the opportunity to place their bids for the shares.
  2. December 26, 2023: The bidding process for the Trident Techlabs IPO will close. Investors need to ensure that they submit their bids before the specified deadline.
  3. December 27, 2023: The basis of allotment for the Trident Techlabs IPO is expected to take place on this day. This is when the shares will be allocated to the investors based on their bids and the oversubscription, if any.
  4. December 29, 2023: The shares of Trident Techlabs are expected to be listed on the stock exchange on this day. This is when investors who have been allocated shares can start trading them in the secondary market.

It’s important to note that the timeline provided here is based on the available information, and there could be slight variations or changes depending on the actual process and regulatory requirements. Investors and interested individuals should refer to official sources and keep track of any updates or announcements related to the Trident Techlabs IPO timeline.

Trident Techlabs Financials

Trident Techlabs is a company that has been making significant strides in its financial performance. As of September 30, 2023, the company’s order book position stood at Rs. 18.5 crore. This figure represents the value of orders that the company has received but has not yet fulfilled. It’s an important indicator of the company’s future revenue and shows that Trident Techlabs has a healthy pipeline of business.

In addition to its strong order book position, Trident Techlabs has also reported robust operating income. Until October 2023, the company’s total operating income was Rs. 21 crore. Operating income is a measure of a company’s profitability from its core business operations, before deducting interest and taxes. It’s a key indicator of the company’s operational efficiency and its ability to generate profit.

Looking ahead, Trident Techlabs appears to be in a strong position to secure further orders. The company has submitted bids for further orders worth Rs. 55.75 crore. If these bids are successful, they could significantly boost the company’s future revenue and profitability.

However, it’s important to note that these figures are based on the latest available data and may not be fully up-to-date. For the most accurate and detailed financials, it’s recommended to refer to the official financial statements of Trident Techlabs.

Here is the financial information I found for Trident Techlabs:

Financial InformationDetails
Order Book Position (as of Sep 30, 2023)Rs. 18.5 crore
Total Operating Income (till Oct 2023)Rs. 21 crore
Submitted Bids for Further OrderRs. 55.75 crore

Frequently Asked Question on Trident Techlabs IPO

What is the Trident Techlabs IPO?

Trident Techlabs IPO is a Small and Medium Enterprises (SME) IPO consisting of 4,580,000 equity shares with a face value of ₹10, totaling up to ₹16.03 Crores1. The issue is priced in the range of ₹33 to ₹35 per share1, and the minimum order quantity is 4000 shares1. The IPO subscription period is from December 21, 2023, to December 26, 20231.

When will the Trident Techlabs SME IPO open and close?

The IPO opens for subscription on December 21, 2023, and closes on December 26, 20231.

What is the price of Trident Techlabs SME IPO for retail investors?

The IPO price band for retail investors is set at ₹33 to ₹35 per share1. The minimum lot size for an application is 4000 shares1, requiring a minimum investment of ₹140,0001.

What is the lot size of Trident Techlabs SME IPO for retail investors?

Retail investors can bid for a minimum of 4000 shares and in multiples thereof1.

What are the key terms of the Trident Techlabs SME IPO?

Trident Techlabs Ltd’s IPO comprises only a fresh issue component with no offer for sale (OFS) portion2. It’s important to note that the fresh issue portion is both EPS and equity dilutive, whereas OFS involves a transfer of ownership without affecting EPS or equity.

Leave a Comment