Trident Techlabs Limited

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
Email	compliance@tridenttechlabs.com
Website	https://www.tridenttechlabs.com/

Offer Documents

Trident Techlabs Limited RHP

Registrar Details

Name	Maashitla Securities Private Limited
Phone	+91-11-45121795-96
Email	ipo@maashitla.com
Website	https://maashitla.com/allotment-status/public-issues

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%