Comparison between Indifra IPO and Trident Techlabs IPO.
IPO Details
Indifra IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Trident Techlabs IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of Indifra IPO is up to ₹13.34 Cr whereas the issue size of the Trident Techlabs IPO is up to ₹14.77 Cr. The final issue price of Indifra IPO is ₹65.00 per share and of Trident Techlabs IPO is ₹35.00 per share.
IPO Timetable
Indifra IPO opens on Dec 21, 2023, while Trident Techlabs IPO opens on Dec 21, 2023. The closing date of Indifra IPO and Trident Techlabs IPO is Dec 26, 2023, and Dec 26, 2023, respectively.
| | Indifra IPO | Trident Techlabs IPO |
|---|
| Anchor Bid Date | | Dec 20, 2023 |
| Issue Open | Dec 21, 2023 | Dec 21, 2023 |
| Issue Close | Dec 26, 2023 | Dec 26, 2023 |
| Basis Of Allotment (Tentative) | Dec 27, 2023 | Dec 27, 2023 |
| Initiation of Refunds (Tentative) | Dec 28, 2023 | Dec 28, 2023 |
| Credit of Share (Tentative) | Dec 28, 2023 | Dec 28, 2023 |
| Listing date (Tentative) | Dec 29, 2023 | Dec 29, 2023 |
| Anchor Lockin End date 1 | | Jan 26, 2024 |
| Anchor Lockin End date 2 | | Mar 26, 2024 |
Financials & KPIs
Indifra IPO P/E ratio is 11.23, as compared to Trident Techlabs IPO P/E ratio of 7.42.
Shares Offered
In the Indifra IPO Retail Individual Investors (RII) are offered 10,26,000 shares while in Trident Techlabs IPO retail investors are offered 10,26,000 shares. Qualified Institutional Buyers (QIB) are offered in Indifra IPO and 8,04,000 shares in Trident Techlabs IPO.
| | Indifra IPO | Trident Techlabs IPO |
|---|
| Anchor Investor Reservation | | 12,04,000 shares |
| Market Maker Reservation | 1,08,000 shares | 3,60,000 shares |
| QIB | | 8,04,000 shares |
| NII | 10,26,000 shares | 6,64,000 shares |
| RII | 10,26,000 shares | 15,48,000 shares |
| Employee | | |
| Others | | |
| Total | 20,52,000 shares | 42,20,000 shares |
Bids Received (Subscription)
Indifra IPO subscribed 7.21x in total, whereas Trident Techlabs IPO subscribed 763.30x.
