| IPO date | 21 Dec 2023 – 26 Dec 2023 |
| Listing date | 29 Dec 2023 |
| Price range | 33 – 35 |
| Minimum order quantity | 4000 | (D)RHP | View |
Trident Techlabs Limited is launching its IPO. The offer opens for subscription on December 21, 2023, and closes on December 26, 2023.
Disclaimer: This stock will trade with a lot size of 4000 shares in the SME segment on listing.
What does Trident Techlabs Limited do?
Trident Techlabs Limited specializes in tailored technological solutions for corporations across diverse sectors such as aerospace, defense, automotive, telecom, semiconductor, and power distribution. With two key business divisions—Engineering Solutions and Power System Solutions—the company leverages its extensive industry expertise to facilitate successful and adaptable businesses. Their Engineering Solutions cover a wide array of services including electronics design, system modeling, reliability, power electronics, and more, supporting clients throughout the product development lifecycle. On the other hand, Power System Solutions focuses on aiding power distribution utilities by addressing challenges related to network reliability, offering expertise in areas like transmission planning, energy storage solutions, and power cable ampacity.
With a team of 84 members, including engineers and professionals, the company operates across India and overseas, providing technology solutions. Their approach involves collaborating with OEMs, sourcing computer-aided engineering tools, and offering value-added services like training, maintenance, and project deployment. Additionally, the company engages in providing technical education to customers’ technology teams, partnered institutions, and newly qualified engineers, although this activity primarily serves as a supportive service rather than a significant revenue generator.
Schedule of Trident Techlabs Limited IPO
| Issue Period | 21st December to 26th December 2023 |
| Deadline for accepting UPI mandate | Until 5 PM on the issue closing day |
| Finalization of Allotment | December 27, 2023 |
| Initiation of Refunds | December 28, 2023 |
| Credit of Shares | December 28, 2023 |
| Date of Listing | December 29, 2023 |
| Mandate end date | January 10, 2024 |
| Anchor Investors Lock-In End Date (50% of the investment) | January 26, 2024 |
| Anchor Investors Lock-In End Date (Remaining investment) | March 26, 2024 |
How to apply to the Trident Techlabs Limited IPO?
You can apply for the Trident Techlabs Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
How to check the allotment status for Trident Techlabs Limited IPO?
You can check the allotment status for the Trident Techlabs Limited IPO on the website of the Registrar and Transfer agent. Alternatively, you can also check the allotment status on the NSE website.