Fixed Price IPO | ₹4 Cr | Listed at BSE SME | Thu, Sep 21, 2017 - Tue, Sep 26, 2017
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Thu, Sep 21, 2017
IPO Close
Tue, Sep 26, 2017
Issue Price
₹30 per share
Market Cap (Pre-IPO)
₹11.99 Cr
| IPO Date | 21 to 26 Sep, 2017 |
| Listed on | Thu, Oct 5, 2017 |
| Face Value | ₹10 per share |
| Issue Price | ₹30 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 11,76,000 shares (agg. up to ₹4 Cr) |
| Reserved for Market Maker | 64,000 shares Guiness Securities Ltd. (agg. up to ₹0.1920 Cr) |
| Fresh Issue (Ex Market Maker) | 11,12,000 shares (agg. up to ₹3 Cr) |
| Net Offered to Public | 11,12,000 shares (agg. up to ₹3 Cr) |
| Share Holding Pre Issue | 28,19,875 shares |
| Share Holding Post Issue | 39,95,875 shares |
| BSE Script Code | 540726 |
| ISIN | INE071Y01013 |
Trident Texofab IPO comprises a total issue size of 11,76,000 shares. The net offer to the public is 11,12,000 shares, after excluding 64,000 shares allotted on a firm basis. Of the Net offer 5,56,000 (50.00%) allocated to NII 5,56,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 5,56,000 | 50.00% | 47.28% |
| Retail Shares Offered | 5,56,000 | 50.00% | 47.28% |
| Firm Reservations | |||
| Market Maker Shares Offered | 64,000 | 5.44% | |
| Total Shares Offered | 11,76,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 4,000 shares and in multiples thereof.
| 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.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of working capital requirements of the Company | 2.43 |
| 2 | General Corporate Expenses | 0.57 |
| 3 | Issue Expenses | 0.53 |
The Trident Texofab IPO is subscribed [.] times on September 26, 2017 5:00:00 PM (Day 4). The public issue subscribed [.] times in the retail category, [.] times in the QIB category, and [.] times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue Management fees including, fees and reimbursement of underwriting fees, brokerages, payment to other intermediaries such as legal advisor, peer review auditor, Registrar etc. | 0.43 |
| 2 | Regulatory and other fees | 0.03 |
| 3 | Other Expenses (printing, stationery expenses, postage etc.) | 0.08 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹30.00 |
| Open | ₹68.00 |
| Low | ₹68.00 |
| High | ₹68.00 |
| Last Trade | ₹68.00 |
Lead Manager Reports
Trident Texofab IPO is a SME IPO of 11,76,000 equity shares of the face value of ₹10 aggregating up to ₹4 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000.
The IPO opens on Thu, Sep 21, 2017, and closes on Tue, Sep 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 Thu, Sep 21, 2017 and closes on Tue, Sep 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 Thu, Oct 5, 2017.
