Trident Techlabs Limited

Company Profile
Company Name Trident Techlabs Limited
Open Date 21-12-2023
Close Date 26-12-2023
Exchange NSE SME
Lot Size 4000 Shares
Issue Price ₹33 to ₹35 per share
Issue Size 45,80,000 Equity Shares
Application Amount ₹ 1,40,000
Recommendation Avoid
Trident Techlabs Limited was originally incorporated in the year 2000 and has its registered office in Rani Jhansi Road, New Delhi, India. The company offers custom-built technology solutions to corporates in the aerospace, defence, automotive, telecom, semiconductor and power distribution sectors. The company has two business verticals i.e. Engineering Solutions and Power System Solutions. The Company provides technical education to (i) the technology teams of the customers; (ii) certain institutions with whom the company has tied up and (iii) other trainings to newly qualified engineers on specific job-related aspects. As of 14th December 2023, the Company had 84 employees on its payroll.
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Financial Summary in Lakhs

For the Period Ended Mar-21 Mar-22 Mar-23 Oct-23
Total Assets 5,913.29 5,544.66 4,981.46 6,144.08
Net Assets 1,270.24 1,334.73 1,889.54 2,470.68
Total Borrowings 3,044.34 2,959.99 2,299.60 2,532.47
Total Revenue 2,833.98 2,987.80 6,824.16 2,114.33
Profit After Tax -32.59 64.49 554.81 266.13

Tentative Timeline

Opening Date 21-12-2023
Closing Date 26-12-2023
Basis of Allotment 27-12-2023
Initiation of Refunds 28-12-2023
Credit of Shares to Demat 28-12-2023
Listing Date 29-12-2023

Objects of the Issue

To meet Working Capital Requirements
General Corporate Purpose

Contact Information

Registered Office Trident Techlabs Limited - 1/18-20, 2 nd floor, White House Rani Jhansi Road, New Delhi -110055
Phone +91 61811100

Registrar Details

Name Maashitla Securities Private Limited
Phone +91-11-45121795-96

IPO Reservation

Anchor Investor Shares Offered 1,204,000 (26.29%)
Market Maker Shares Offered 360,000 (7.86%)
QIB Shares Offered 804,000 (17.55%)
NII (HNI) Shares Offered 664,000 (14.50%)
Retail Shares Offered 1,548,000 (33.80%)
Total Shares Offered 4,580,000 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 92.48%
Share Holding Post Issue (Promoters) 67.97%

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