
Information Technology · NSE
Tridhya Tech Limited, incorporated in 2018, is a software development and IT consultancy company serving sectors like e-commerce, real estate, transport & logistics, insurance, and more. It provides end-to-end services including e-commerce development, enterprise content management, bespoke web management, mobile and API development, front-end development, graphic design, product support, and maintenance. The company delivers customized software solutions from concept and architecture design to coding, testing, deployment, and ongoing post-deployment support, along with project management and consultation services. In 2022, Tridhya expanded through acquisitions of Concentric IT Services Private Limited, Basilroot Technologies Private Limited, and Vedity Software Private Limited. The company has a strong domestic presence across Maharashtra, Gujarat, Punjab, Telangana, and Karnataka, and serves international clients in Australia, Canada, Estonia, France, Germany, Israel, Italy, Japan, Mauritius, Netherlands, Qatar, Singapore, Switzerland, UAE, UK, and the USA.
Price Band
₹35 – ₹42
Issue Size
₹26.41 Cr
Lot Size
3000 shares
GMP
+14.3%
Est. Listing
₹48
at current GMP
Subscribed
72.45x
overall
Open
30 Jun 2023
Close
5 Jul 2023
Allotment
10 Jul 2023
Refund
11 Jul 2023
Demat Credit
12 Jul 2023
Listing
13 Jul 2023
Overall Subscription
72.45x
Total Demand
QIB Multiplier
15.62x
Institutions & Funds
NII / HNI
182.17x
High Net-Worth
Retail (RII)
67.61x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,554,000 | 24,279,000 | 15.62x |
| NIB | 897,000 | 163,404,000 | 182.17x |
| RETAIL | 2,091,000 | 141,363,000 | 67.61x |
| Total | 4,542,000 | 329,046,000 | 72.45x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 734 | 49,626 | 67.61x |
| HNIs (10L +) | 5 | 911 | 182.17x |
| HNIs (2-10L) | 22 | 4,008 | 182.17x |
| Total Applications | 761 | 54,545 | 71.68x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Tridhya Tech Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹26.41 Crores. The shares are offered at a price band of ₹35 to ₹42 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2023-07-05, the basis of allotment is scheduled to be finalized on 2023-07-10. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Tridhya Tech Limited IPO is ₹6 per equity share. Based on the upper price band of ₹35 to ₹42 per equity share, the estimated listing price is ₹48 (+14.3% expected listing gain).
With a lot size of 3000 shares and current GMP of ₹6, the expected profit per application lot is approx ₹18,000 (+14.3% gain). Minimum application cost is approx ₹1,26,000.
The Tridhya Tech Limited IPO aggregate issue size is ₹26.41 Crores with an equity price band set at ₹35 to ₹42 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,26,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 72.45x (Retail: 67.61x, QIB: 15.62x, NII: 182.17x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2023-07-10. Investors can verify status using PAN card or application number.
Tridhya Tech Limited shares are scheduled to list on NSE on 2023-07-13.