Trident Techlabs IPO Subscription Details

Bookbuilding IPO | ₹16 Cr | Listed at NSE SME | Thu, Dec 21, 2023 - Tue, Dec 26, 2023

Basis of Allotment - Trident Techlabs IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)8,04,00012,04,00020,08,0006,64,00015,48,00042,20,000
Allotment price (Rs.)353535353535
No.of applications4624830,0914,03,3604,33,499
No.of shares applied9,27,72,00012,04,0009,39,76,00056,12,96,0001,61,34,40,0002,26,87,12,000
Amount collected (Rs.cr.)324.70 4.21 328.92 1,964.54 5,647.04 7,940.49
No.of times subscribed115.391.0046.80845.331042.27537.61
No.of shares allotted8,04,00012,04,00020,08,0006,64,00015,48,00042,20,000
Amount (Rs.cr.)2.81 4.21 7.03 2.32 5.42 14.77
No.of allottees462480387435

IPO Shares Offered

Trident Techlabs IPO is a public issue of 0.42 Cr equity shares. The issue offers 0.15 Cr shares to retail investors, 0.20 Cr shares to qualified institutional buyers, and 0.07 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker3,60,0001.26 7.86%
QIB 20,08,0007.03 43.84%
    Anchor 12,04,000 4.21 26.29%
    QIB (Ex Anchor) 8,04,000 2.81 17.55%
NII* 6,64,0002.32 14.50%
Retail15,48,0005.42 33.80%
Total45,80,00016.03 100%

Trident Techlabs IPO Anchor Investor Allocation

A total of 12,04,000 shares at a price of Rs 35 per share will be allotted to the anchor investors.

Anchor investors bid opening dateDec 20, 2023
Anchor investor price₹35.00
Anchor investors as % of QIBs59.96%
No. of shares locked-in for 30 days6,02,000
No. of shares locked-in for 90 days6,02,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 CHHATTISGARH INVESTMENTS LTD. CHHATTISGARH INVESTMENTS 7,72,000 2.70 64.12 16.86
2 RAJASTHAN GLOBAL SECURITIES PVT.LTD. RAJASTHAN GLOBAL SECURITIES 4,32,000 1.51 35.88 9.43
12,04,0004.2110026.29

IPO Subscription FAQs

The Trident Techlabs IPO is subscribed 763.3 times by Dec 26, 2023 18:48.

Trident Techlabs IPO Subscription

Investor Category Subscription (times)
Qualified Institutional117.91
Non Institutional854.37
Retail Individual1059.43
Total Subscription763.3

Retail category of Trident Techlabs IPO subscribed 1059.43 times as of date Dec 26, 2023 18:48. The public issue closes on Tue, Dec 26, 2023 for bidding.

An investor can apply in Trident Techlabs IPO online via bank (using ASBA) or the broker (using UPI). The Trident Techlabs IPO shares are offered online only.

The Trident Techlabs IPO is subscribed 763.3 times by Dec 26, 2023 18:48.

The Trident Techlabs IPO allotment status is expected on or around Wednesday, December 27, 2023. Visit Trident Techlabs IPO allotment status to check.

The Trident Techlabs IPO listing date is December 29, 2023. The equity share of Trident Techlabs IPO will list on NSE SME.

Visit Trident Techlabs IPO subscription status page for real-time bidding information about Trident Techlabs IPO.

Trident Techlabs IPO Timetable

IPO opens OnThursday, December 21, 2023
IPO Closes OnTuesday, December 26, 2023
Finalisation of Basis of AllotmentWednesday, December 27, 2023
Initiation of RefundsThursday, December 28, 2023
Credit of Shares to Demat AccountThursday, December 28, 2023
IPO Listing DateFriday, December 29, 2023
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