ListedSMETECHLABS

Trident Techlabs Limited

Trident Techlabs Limited is an SME IPO raising ₹16 Cr at ₹33 – ₹35 a share. It listed on 29 Dec 2023 and trades at ₹99 today, +182.9% against its issue price of ₹35. The exchanges never published a subscription figure for it.

Get alerts on this company Company page

₹35

Issue price

₹99

Price now

+182.9%

Since issue price

29 Dec 2023

Listed on

Not publishedSubscription

The exchanges never published a subscription figure for this issue.

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹33 – ₹35

Cut-off price₹35

Issue size₹16 Cr

Shares per lot4000

Minimum application₹1,40,000

Minimum quantity4000

Face value₹10

Listing exchanges—

ISININE0QD201012

Bidding hours10:00 – 18:00 IST

Bidding window21 Dec 2023 – 26 Dec 2023

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.