IPO

Trident Texofab Ltd IPO

BSE SME

Offer Date: Sep 21, 2017 - Sep 26, 2017

₹ 240000 /8000 Shares
*Min Investment

21 Sep, 2017

Open Date

26 Sep, 2017

Close Date

03 Oct, 2017

Allotment Date

05 Oct, 2017

Listing Date
IPO Issue Details
  • Issue Price Rs 30 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price 11,76,000 Equity Shares of Rs 10 aggregating up to Rs 3.53 Cr  
  • Listing at BSE SME
  • Lead Manager Guiness Corporate Advisors Pvt Ltd, Indian Overseas Bank
  • Registrar Karvy Computershare Private Limited
IPO Details
  • Retail Portion N/A
IPO Details


Trident Texofab Ltd IPO is an SME IPO, priced at Rs 30 Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share  each and will be listed on the BSE SME platform.

The IPO bidding window is open from Sep 21, 2017 to Sep 26, 2017. The allotment is expected to be finalized on Oct 3, 2017, and the tentative listing date is Oct 5, 2017.


The registrar of the IPO is Karvy Computershare Private Limited, and

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IPO Subscription Analysis And Details
Retail
12.73x
Total
8.15x
As on QIB / NII Retail Total
Shares Offered / Reserved 5,56,000 5,56,000 11,12,000
Day 1 21-09-17
N/A x 0.03 x 0.01 x
Day 2 22-09-17
N/A x 0.50 x 0.25 x
Day 3 25-09-17
0.29 x 2.60 x 1.45 x
Day 4 26-09-17
3.57 x 12.73 x 8.15 x
Valuations
Earnings Per Share (EPS) Rs 0.85
P/E Ratio 35
RoNW 8.97%
Net Asset Value (NAV) Rs 11.47
IPO - Issue Objectives
1

  Funding of working capital requirements of the Company

2

General Corporate Expenses

3

Issue Expenses