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Open
21 Sep 2017
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Close
26 Sep 2017
3
Allotment
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Listing
Thu, Oct 5, 2017
Price Band
₹30 per share
Issue Size
11,76,000 shares (agg. up to ₹4 Cr)
Lot Size
4,000 Shares
Listing Date
Thu, Oct 5, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 7.86x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|
| Assets | 24.50 | 37.99 | 28.42 |
| Total Income | 76.19 | 66.03 | 62.65 |
| Profit After Tax | 0.34 | 0.06 | 0.18 |
| NET Worth | 3.80 | 3.46 | 3.43 |
| Reserves and Surplus | 3.47 | 3.13 | 3.10 |
| Total Borrowing | 5.18 | 2.98 | 3.56 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| AKM Lace & Embrotex Ltd. | SME | ₹4.76 Cr | ₹25 | null | ₹24.90 | -0.40% | ₹1,163.25 (+0.01%) |
| Pashupati Cotspin Ltd. | SME | ₹20.88 Cr | ₹75 | null | ₹75.00 | +0.00% | ₹87.22 (-1.34%) |
| Globe Textiles (India) Ltd. | SME | ₹13.71 Cr | ₹51 | null | ₹50.15 | -1.67% | ₹2.14 (-0.47%) |
| Laxmi Cotspin Ltd. | SME | ₹9.60 Cr | ₹20 | null | ₹19.90 | -0.50% | ₹14.90 (+1.71%) |
| Manomay Tex India Ltd. | SME | ₹11.41 Cr | ₹30 | null | ₹31.95 | +6.50% | ₹196.27 (+2.98%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of working capital requirements of the Company | 2.43 |
| 2 | General Corporate Expenses | 0.57 |
| 3 | Issue Expenses | 0.53 |
About Trident Texofab IPO
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.+ Read More
Contact Details
Trident Texofab Ltd. Address2004, 2nd Flr North ExtensionNodh 4/1650 Sahara DarwajaSurat, Gujarat, 395003+ 91-261-2451284/2451274info@tridentexofab.comVisit Website