IPO Issue Details
Issue Price / Price Band₹30 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size4,000 Shares per Lot
Total Issue Size11,76,000 shares (aggregating up to ₹3.53 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 21 Sep 2017
Subscription CloseTue, 26 Sep 2017
Anchor AllotmentWed, 20 Sep 2017
Basis of AllotmentMon, 02 Oct 2017
Initiation of RefundsTue, 03 Oct 2017
Credit of Shares to DematTue, 03 Oct 2017
Listing DateThu, 05 Oct 2017
UPI Mandate Deadline2017-09-26
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 4,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 8,000 shares
Net Offer to Public11,12,000 shares (aggregating up to ₹3.34 Cr)
Reserved for Market Maker64,000 shares (aggregating up to ₹0.1920 Cr)
Pre-IPO Promoter Holding28,19,875 shares
Post-IPO Promoter Holding39,95,875 shares
About Trident Texofab Ltd
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.
Objects of the Issue
Trident Texofab Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Funding of working capital requirements of the Company
2.43
2
General Corporate Expenses
0.57
Shareholding & Lock-in
Pre-IPO Promoter Holding
28,19,875 shares
Post-IPO Promoter Holding
39,95,875 shares