Trident Techlabs Ltd - IPO

Trident Techlabs Ltd IPO Details

Public issue of 45,80,000 equity shares of face value Rs. 10 each (Equity Shares) of Trident Techlabs Limited (The Company or the Issuer) for cash at a price of Rs. 35 per equity share (including a securities premium of Rs. 25 per equity share) (Issue Price), aggregating to Rs. 16.03 crores (the Issue). 3,60,000 equity shares aggregating to Rs. 1.26 crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. issue of 42,20,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 35/- per equity share aggregating to Rs. 14.77 crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 26.50% and 24.42% respectively of the post-issue paid-up equity share capital of the company.

Objective of issue

Funding the working capital requirements of the company. General corporate purposes.

Trident Techlabs Ltd Contact Details

Trident Techlabs Ltd, 451 Krishna Apra Bus, Netaji Subhash Place, Pitampura, New Delhi-110034

Phone - 011-45121795

Fax - 01145121795

Email - compliance@tridenttechlabs.com

Website - www.tridenttechlabs.com