Tridhya Tech (NSE SME)
June 30, 2023 – July 5, 2023
| Price | ₹35 - ₹42 |
| Premium | ₹6 |
|---|---|
| Lot size | 3000 |
| Allotment | Jul 10, 2023 |
| Listing | Jul 13, 2023 |
Tridhya Tech Limited
401, One World West,
Near Ambli T-Junction 200' S. P. Ring Road,
Bopal Ahmedabad - 380058
Phone: +919571831080
Email: grievance@tridhyatech.com
Website: https://www.tridhyatech.com/
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 15,54,000 | 2,42,79,000 | 15.62 |
| NIB | 8,97,000 | 16,34,04,000 | 182.17 |
| RETAIL | 20,91,000 | 14,13,63,000 | 67.61 |
| Total | 45,42,000 | 32,90,46,000 | 72.45 |
| Retail Apps | 47,121 | © IPO Premium | |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 3000 | 126000 | 0 |
| HNI | 2 | 6000 | 252000 | 0 |
Incorporated in 2018, Tridhya Tech Limited provides software development services and solutions.
Tridhya Tech provides IT consultancy services to industries like e-commerce, Real estate, Transport & Logistics, Insurance, and other sectors. The company also provides services related to e-commerce development, Enterprise Content Management, Bespoke Web Management, Mobile App, Development, API Development, Product Support & Maintenance, Front End Development, and Graphic design.
The company provides customized software products, which start from the initial concept of the product requirement, designing the architecture, coding, and testing, deploying to the final deployment of the product. It also provides post-deployment support on time to time basis to our clients. The company also provides project management, consultation services, maintenance, and support services to ensure the successful completion of the project and the longevity of the software.
In January 2022, the Company acquired Concentric IT Services Private Limited (Concentric), a software development company by acquiring 100 % equity. In December 2022, the Company acquired Basilroot Technologies Private Limited (BTPL), and also Vedity Software Private Limited (Vedity) software development companies by acquiring 100% equity.
Tridhya has a strong presence in the international market i.e., Australia, Canada, Estonia, France, Germany, Israel, Italy, Japan, Mauritius, Netherlands, Qatar, Singapore, Switzerland, UAE, UK, and USA. In the domestic market, the company's customer base is based in Maharashtra, Gujarat, Punjab, Telangana, and Karnataka
Tridhya Tech IPO Details
| Total Issue Size | 6,288,000 shares (aggregating up to ₹26.41 Cr) |
| Fresh Issue | 6,288,000 shares (aggregating up to ₹[.] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 17,000,000 |
| Share holding post issue | 23,288,000 |
| Market Maker portion | 315,000 shares Econo Broking |
Tridhya Tech IPO Reservation
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
Company Financials
| Period Ended | 31-Mar-22 | 31-Dec-22 |
|---|---|---|
| Total Assets | 2,548.77 | 5,969.66 |
| Total Revenue | 1,407.48 | 1,507.92 |
| Profit After Tax | 339.46 | 284.97 |
| Net Worth | 1,457.98 | 2,030.66 |
| Reserves and Surplus | 1,309.84 | 1,860.35 |
| Total Borrowing | 705.46 | 3,090.04 |