Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Trident Texofab IPO is a fixed price issue of ₹3.53 crores. The issue is entirely a fresh issue of 0.12 crore shares of ₹3.53 crore.
Trident Texofab IPO bidding started from Sep 21, 2017 and ended on Sep 26, 2017. The shares got listed on BSE SME on Oct 5, 2017.
Trident Texofab IPO price is ₹30.00 per share . The lot size for an application is 4,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (4000 shares). The minimum lot size investment for HNI is 2 lots (8,000 shares), amounting to ₹2,40,000.
Oneview Corporate Advisors Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The market maker of the company is Guiness Securities Ltd..
Refer to Trident Texofab IPO RHP for detailed Information.
| IPO Date | September 21, 2017 to September 26, 2017 |
| Listing Date | October 5, 2017 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹30 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 11,76,000 shares (aggregating up to ₹3.53 Cr) |
| Reserved for Market Maker | 64,000 shares Guiness Securities Ltd. (aggregating up to ₹0.1920 Cr) |
| Net Offered to Public | 11,12,000 shares (aggregating up to ₹3.34 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 28,19,875 shares |
| Share Holding Post Issue | 39,95,875 shares |
Trident Texofab IPO offers total 11,76,000 shares. Out of which 5,56,000 (47.28%) allocated to NII, 5,56,000 (47.28%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 64,000 (5.44%) |
| NII (HNI) Shares Offered | 5,56,000 (47.28%) |
| Retail Shares Offered | 5,56,000 (47.28%) |
| Total Shares Offered | 11,76,000 (100.00%) |
Trident Texofab IPO opens on September 21, 2017, and closes on September 26, 2017.
| IPO Open Date | Thu, Sep 21, 2017 |
| IPO Close Date | Tue, Sep 26, 2017 |
| Tentative Listing Date | Thu, Oct 5, 2017 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Sep 26, 2017 |
Investors can bid for a minimum of 4,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹1,20,000 |
| Retail (Max) | 1 | 4,000 | ₹1,20,000 |
| HNI (Min) | 2 | 8,000 | ₹2,40,000 |
Incorporated in 2008, Trident Texofab Limited is in the business of manufactures and supplies garment and textile fabrics in India. They are multi-product fabric trading Company offers home furnishing, bedsheets, scarfs, pareos, suiting and shirting and technical textile fabrics, etc.
Company's product portfolio includes finished, unfinished fabrics and value added fabrics. After identifying the manufacturer, they place purchase order and supervise the entire manufacturing process including purchase of raw material, stringent quality check and control, scheduled delivery of product based on specific requirement of the customer.
The Company Trident Texofab IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Funding of working capital requirements of the Company | 2.43 |
| 2 | General Corporate Expenses | 0.57 |
| 3 | Issue Expenses | 0.53 |
[Dilip Davda] Considering aggressive pricing, cash surplus risk savvy investors may consider investment for long term. Read detail review...
| Listing Date | October 5, 2017 |
| BSE Script Code | 540726 |
| NSE Symbol | |
| ISIN | INE071Y01013 |
| Final Issue Price | ₹30 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹30.00 |
| Open | ₹68.00 |
| Low | ₹68.00 |
| High | ₹68.00 |
| Last Trade | ₹68.00 |
Trident Texofab Ltd.
2004
2nd Flr North Extension,
Nodh 4/1650 Sahara Darwaja,
Surat, Gujarat, 395003
Phone: + 91-261-2451284/2451274
Email: info@tridentexofab.com
Website: http://www.tridenttexofab.com
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://ipostatus.kfintech.com/
Trident Texofab IPO is a SME IPO of 11,76,000 equity shares of the face value of ₹10 aggregating up to ₹3.53 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000.
The IPO opens on September 21, 2017, and closes on September 26, 2017.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Trident Texofab IPO using UPI as a payment gateway. Zerodha customers can apply in Trident Texofab IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Trident Texofab IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Trident Texofab IPO opens on September 21, 2017 and closes on September 26, 2017.
Trident Texofab IPO lot size is 4000, and the minimum amount required for application is ₹1,20,000.
You can apply in Trident Texofab IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Trident Texofab IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Trident Texofab IPO allotment status.
The Trident Texofab IPO listing date is on Thursday, October 5, 2017.
Useful Articles
RHP