31 Mar 2021
Assets59.14
Total Income28.34
Profit After Tax-0.33
NET Worth13.18
Reserves and Surplus9.91
Total Borrowing30.44
At a glance
Updated 2026-08-24The shares listed at ₹98.15, a 180.43% move from the issue price. Trident Techlabs is a SME IPO with an issue size of ₹16.03 crore, proposed for listing on NSE SME. The offer opens on 21st Dec 2023 and closes on 26th Dec 2023. The issue structure includes a fresh issue of ₹14.77 crore. The current listing schedule points to 29th Dec 2023.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹16.03 Cr
Fresh issue₹14.77 Cr
Face value₹10
Price band₹33.00–₹35.00
Allotment27th Dec 2023
Listing29th Dec 2023
Listing performance
Full performance ↗Issue price₹35.00
Listing price₹98.15
Current price—
Listing gain180.43%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹40.00
GMP / upper price114.29%
Est. listing₹75.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens21st Dec 2023
Closes26th Dec 2023
Allotment27th Dec 2023
Refund28th Dec 2023
Demat28th Dec 2023
Listing29th Dec 2023
Subscription demand
Full bidding ↗Total660.77×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 4000 | ₹140,000 |
Company
Incorporated2000
Use of proceeds
| Object | Amount |
|---|---|
| Funding the working capital requirements of the Company | ₹12.00 Cr |
| General corporate purposes | ₹2.46 Cr |
Financials
Full financials ↗31 Mar 2022
Assets55.45
Total Income29.88
Profit After Tax0.64
NET Worth13.84
Reserves and Surplus10.55
Total Borrowing29.60
31 Mar 2023
Assets49.81
Total Income68.24
Profit After Tax5.55
NET Worth16.54
Reserves and Surplus16.10
Total Borrowing23.00
31 Oct 2023
Assets61.44
Total Income21.14
Profit After Tax2.66
NET Worth24.71
Reserves and Surplus12.01
Total Borrowing25.32
Trend chart₹ crore
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| Debt / Equity |
| RoNW |
| PAT Margin |
Valuation & shareholding
Pre-IPO EPS4.72
Pre-IPO P/E7.42
Post-IPO P/E13.62
Promoter holding pre92.48%
Promoter holding post67.97%
Market cap₹60.48 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Issue Management fees including Merchant Banking fees, Underwriting fees and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses | ₹0.25 Cr |
| Advertising and Marketing Expenses | ₹0.03 Cr |
| Fees payable to the stock exchange(s) | ₹0.06 Cr |
| Printing & Stationery, Distribution, Postage, etc. | ₹0.02 Cr |
| Brokerage and selling commission | ₹0.01 Cr |
| Underwriting Commission | ₹0.80 Cr |
| ROC Fees | ₹0.15 Cr |
Registrar & lead managers
Registrar
Maashitla Securities Pvt.Ltd.Lead managers
- GYR Capital Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.