Presstonic Engineering IPO vs Trident Techlabs IPO

Comparison between Presstonic Engineering IPO and Trident Techlabs IPO.

IPO Details

Presstonic Engineering 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 Presstonic Engineering IPO is up to ₹22.13 Cr whereas the issue size of the Trident Techlabs IPO is up to ₹14.77 Cr. The final issue price of Presstonic Engineering IPO is ₹72.00 per share and of Trident Techlabs IPO is ₹35.00 per share.

 Presstonic Engineering IPOTrident Techlabs IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹33.00 per share
Issue Price (Upper)₹35.00 per share
Issue Price (Final)₹72.00 per share₹35.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares4000 shares
Fresh Issue Size30,73,600 shares42,20,000 shares
Fresh Issue Size (Amount)up to ₹22.13 Crup to ₹14.77 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total30,73,600 shares42,20,000 shares
Issue Size Total (Amount)up to ₹22.13 Crup to ₹14.77 Cr

IPO Timetable

Presstonic Engineering IPO opens on Dec 11, 2023, while Trident Techlabs IPO opens on Dec 21, 2023. The closing date of Presstonic Engineering IPO and Trident Techlabs IPO is Dec 13, 2023, and Dec 26, 2023, respectively.

 Presstonic Engineering IPOTrident Techlabs IPO
Anchor Bid DateDec 20, 2023
Issue OpenDec 11, 2023Dec 21, 2023
Issue CloseDec 13, 2023Dec 26, 2023
Basis Of Allotment (Tentative)Dec 14, 2023Dec 27, 2023
Initiation of Refunds (Tentative)Dec 15, 2023Dec 28, 2023
Credit of Share (Tentative)Dec 15, 2023Dec 28, 2023
Listing date (Tentative)Dec 18, 2023Dec 29, 2023
Anchor Lockin End date 1Jan 26, 2024
Anchor Lockin End date 2Mar 26, 2024

Financials & KPIs

Presstonic Engineering IPO P/E ratio is 6.28, as compared to Trident Techlabs IPO P/E ratio of 7.42.

 Presstonic Engineering IPOTrident Techlabs IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets28.5127.3824.9723.87
Total Income14.3221.1312.727.69
Profit After Tax1.522.560.14-0.17
NET Worth6.464.932.372.23
Reserves and Surplus1.992.700.14-0.00
Total Borrowing15.3716.4517.9717.75
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Oct 202331 Mar 202331 Mar 202231 Mar 2021
Assets61.4449.8155.4559.14
Total Income21.1468.2429.8828.34
Profit After Tax2.665.550.64-0.33
NET Worth24.7116.5413.8413.18
Reserves and Surplus12.0116.1010.559.91
Total Borrowing25.3223.0029.6030.44
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.9792.48
Promoter Shareholding (Post-Issue)57.99
P/E Ratio6.287.42
Market Cap₹55.49 Cr.₹60.48 Cr.
ROE115%34.41%
ROCE87%23.67%
Debt/Equity0.980.84
EPS₹5.73₹4.72
RoNW51.92%29.36%

Shares Offered

In the Presstonic Engineering IPO Retail Individual Investors (RII) are offered 15,37,600 shares while in Trident Techlabs IPO retail investors are offered 15,37,600 shares. Qualified Institutional Buyers (QIB) are offered in Presstonic Engineering IPO and 8,04,000 shares in Trident Techlabs IPO.

 Presstonic Engineering IPOTrident Techlabs IPO
Anchor Investor Reservation12,04,000 shares
Market Maker Reservation1,63,200 shares3,60,000 shares
QIB8,04,000 shares
NII15,36,000 shares6,64,000 shares
RII15,37,600 shares15,48,000 shares
Employee
Others
Total30,73,600 shares42,20,000 shares

Bids Received (Subscription)

Presstonic Engineering IPO subscribed 168.25x in total, whereas Trident Techlabs IPO subscribed 763.30x.

Compare with others

Compare:

Presstonic Engineering IPO Vs Trident Techlabs IPO