Accent Microcell IPO vs Trident Techlabs IPO

Comparision between Accent Microcell IPO and Trident Techlabs IPO.

IPO Details

Accent Microcell IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Trident Techlabs IPO is a SME Book Built Issue proposed to list at NSE SME.

	Accent Microcell IPO	Trident Techlabs IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Corporate Capitalventures Pvt Ltd	GYR Capital Advisors Private Limited
Registrar	Kfin Technologies Limited	Maashitla Securities Private Limited
Market Maker	Prabhat Financial Services Ltd.	Giriraj Stock Broking Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Accent Microcell IPO is up to ₹78.40 Cr whereas the issue size of the Trident Techlabs IPO is up to ₹16.03 Cr. The final issue price of Accent Microcell IPO is ₹140.00 per share and of Trident Techlabs IPO is ₹35.00 per share.

	Accent Microcell IPO	Trident Techlabs IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹133.00 per share	₹33.00 per share
Issue Price (Upper)	₹140.00 per share	₹35.00 per share
Issue Price (Final)	₹140.00 per share	₹35.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	4000 shares
Fresh Issue Size	56,00,000 shares	45,80,000 shares
Fresh Issue Size (Amount)	up to ₹78.40 Cr	up to ₹16.03 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	56,00,000 shares	45,80,000 shares
Issue Size Total (Amount)	up to ₹78.40 Cr	up to ₹16.03 Cr

IPO Timetable

Accent Microcell IPO opens on Dec 08, 2023, while Trident Techlabs IPO opens on Dec 21, 2023. The closing date of Accent Microcell IPO and Trident Techlabs IPO is Dec 12, 2023, and Dec 26, 2023, respectively.

	Accent Microcell IPO	Trident Techlabs IPO
Anchor Bid Date	Dec 07, 2023	Dec 20, 2023
Issue Open	Dec 08, 2023	Dec 21, 2023
Issue Close	Dec 12, 2023	Dec 26, 2023
Basis Of Allotment (Tentative)	Dec 13, 2023	Dec 27, 2023
Initiation of Refunds (Tentative)	Dec 14, 2023	Dec 28, 2023
Credit of Share (Tentative)	Dec 14, 2023	Dec 28, 2023
Listing date (Tentative)	Dec 15, 2023	Dec 29, 2023
Anchor Lockin End date 1	Jan 12, 2024	Jan 26, 2024
Anchor Lockin End date 2	Mar 12, 2024	Mar 26, 2024

Financials

Accent Microcell IPO P/E ratio is 13.92, as compared to Trident Techlabs IPO P/E ratio of 7.42.

Accent Microcell IPO

Trident Techlabs IPO

Financial

Accent Microcell Limited Financial Information (Restated)

Accent Microcell Limited's revenue increased by 23.53% and profit after tax (PAT) rose by 120.77% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	12,214.89	11,409.69	9,461.04	8,070.45
Revenue	5,992.95	20,696.75	16,753.97	13,481.59
Profit After Tax	705.53	1,301.02	589.31	480.29
Net Worth	5,125.44	4,419.91	3,209.32	2,663.02
Reserves and Surplus	3,831.14	3,125.61	1,919.02	2,232.92
Total Borrowing	2,105.73	2,278.23	2,409.53	3,063.76
Amount in ₹ Lakhs

Trident Techlabs Limited Financial Information (Restated)

Trident Techlabs Limited's revenue increased by 128.4% and profit after tax (PAT) rose by 760.3% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Oct 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	6,144.08	4,981.46	5,544.66	5,913.69
Revenue	2,114.33	6,824.16	2,987.80	2,833.98
Profit After Tax	266.13	554.81	64.49	-32.69
Net Worth	2,470.68	1,653.73	1,383.57	1,318.11
Reserves and Surplus	1,200.57	1,609.86	1,055.05	990.56
Total Borrowing	2,532.47	2,299.60	2,959.99	3,044.34
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

73.13%

92.48%

Promoter Shareholding (Post-Issue)

53.67%

P/E Ratio

13.92

7.42

Market Cap

₹294.60 Cr.

₹60.48 Cr.

ROE

34.11%%

34.41%%

ROCE

26.46%%

23.67%%

Debt/Equity

0.52

0.84

EPS

₹10.06

₹4.72

RoNW

29.44%%

29.36%%

Shares Offered

In the Accent Microcell IPO retail investors (RII) are offered 18,62,000 shares while in Trident Techlabs IPO retail investors are offered 18,62,000 shares. Qualified institutional buyers (QIB) are offered 10,64,000 shares in Accent Microcell IPO and 8,04,000 shares in Trident Techlabs IPO.

	Accent Microcell IPO	Trident Techlabs IPO
Anchor Investor Reserveration	15,96,000 shares	12,04,000 shares
Market Maker Reserveration	2,80,000 shares	3,60,000 shares
QIB	10,64,000 shares	8,04,000 shares
NII	7,98,000 shares	6,64,000 shares
RII	18,62,000 shares	15,48,000 shares
Employee	0 shares	0 shares
Others
Total	37,24,000 shares	30,16,000 shares

Bids Received (Subscription)

Accent Microcell IPO subscribed 362.41x in total, whereas Trident Techlabs IPO subscribed 763.30x.

	Accent Microcell IPO	Trident Techlabs IPO
QIB (times)	118.48x	117.91x
NII (times)	576.70x	854.37x
Big NII (times)
Small NII (times)
RII (times)	409.95x	1,059.43x
Employee (times)
Other (times)
Total (times)	362.41x	763.30x

Compare with others

Accent Microcell IPO	Trident Techlabs IPO
Trident Techlabs IPO	Indifra IPO
Shree OSFM E-Mobility IPO	Sameera Agro IPO
Siyaram Recycling IPO	Supreme Power Equipment IPO
Presstonic Engineering IPO	Sahara Maritime IPO
S J Logistics IPO	Electro Force India IPO
Marinetrans India IPO	Shree OSFM E-Mobility IPO
Shanti Spintex IPO	Siyaram Recycling IPO
Graphisads IPO	Presstonic Engineering IPO
AMIC Forging IPO	S J Logistics IPO
Net Avenue Technologies IPO	Accent Microcell IPO

Comments

Add a public comment...