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.
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 IPO | Trident Techlabs IPO |
|---|
| Anchor Bid Date | | Dec 20, 2023 |
| Issue Open | Dec 11, 2023 | Dec 21, 2023 |
| Issue Close | Dec 13, 2023 | Dec 26, 2023 |
| Basis Of Allotment (Tentative) | Dec 14, 2023 | Dec 27, 2023 |
| Initiation of Refunds (Tentative) | Dec 15, 2023 | Dec 28, 2023 |
| Credit of Share (Tentative) | Dec 15, 2023 | Dec 28, 2023 |
| Listing date (Tentative) | Dec 18, 2023 | Dec 29, 2023 |
| Anchor Lockin End date 1 | | Jan 26, 2024 |
| Anchor Lockin End date 2 | | Mar 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.
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 IPO | Trident Techlabs IPO |
|---|
| Anchor Investor Reservation | | 12,04,000 shares |
| Market Maker Reservation | 1,63,200 shares | 3,60,000 shares |
| QIB | | 8,04,000 shares |
| NII | 15,36,000 shares | 6,64,000 shares |
| RII | 15,37,600 shares | 15,48,000 shares |
| Total | 30,73,600 shares | 42,20,000 shares |
Bids Received (Subscription)
Presstonic Engineering IPO subscribed 161.24x in total, whereas Trident Techlabs IPO subscribed 545.52x.
