Here is a full brief of Trident Tech Labs Ltd SME IPO and its GMP details. Keep visiting daily for important dates and Daily GMP prices. You can bid for this IPO between 21 Dec to 26 Dec 2023. You can apply through a minimum amount of ₹140000, 4000 shares (1 Lot) and between the price range of ₹33 to ₹35.
This IPO can double your money in just 10 days, if you got the allotment in this IPO. For more information, read the full article and GMP price.
Trident Techlabs LTD SME IPO
COMPANY OVERVIEW
Trident Techlabs Limited was established in 2000, and it offers technology solutions to various industries such as aerospace, defence, automotive, telecommunications, semiconductor, and power distribution. The company consists of two verticals: Engineering Solutions and Power System Solutions.
It has registered office at 1/18-20, 2nd floor, White House, Rani Jhansi Road, New Delhi-110055, India
They have a team of more than 100 engineers and professionals with a country-wide network of offices offering technology solutions to clients in India and overseas. Their skilled and experienced workforce of engineers and professionals also enables them to provide industrial training workshops, including student training at various renowned institutes in the country.
THE ISSUE:
The company is offering 50,00,000 fresh equity shares.
IPO Issue Size – ₹16.03 Cr
Minimum Investment – ₹140000
QIB – Not Specified
NII (HNI) – Not Specified
Retail – Not Specified
IMPORTANT DATES
Investors and prospective buyers should keep an eye out for the following important dates related to the Trident Techlabs Ltd SME IPO:
Opening Date | 21st Dec 2023 |
Closing Date | 26th Dec 2023 |
Allocation Date | 27th Dec 2023 |
Refund Initiation Date | 28th Dec 2023 |
Demat Transfer Date | 28th Dec 2023 |
IPO Listing Date | 29th Dec 2023 |
Issue Price | ₹33- ₹35 Per Share |
Lot Size | 4000 shares |
Face Value | ₹10 Per Share |
PURPOSE FOR THE IPO:
The company plans to use the net proceeds for the following purposes:
- Funding the Company’s working capital requirements and
- General corporate purposes.
GMP:
Date | IPO Price | GMP | Est. Listing Price |
---|---|---|---|
25-Dec-2023 | ₹35 | ₹45 | ₹80 |
24-Dec-2023 | ₹35 | ₹45 | ₹80 |
23-Dec-2023 | ₹35 | ₹45 | ₹80 |
22-Dec-2023 | ₹35 | ₹40 | ₹75 |