Shree OSFM E-Mobility IPO vs Trident Techlabs IPO

Comparision between Shree OSFM E-Mobility IPO and Trident Techlabs IPO.

IPO Details

Shree OSFM E-Mobility 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.

	Shree OSFM E-Mobility IPO	Trident Techlabs IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	First Overseas Capital Limited	GYR Capital Advisors Private Limited
Registrar	Bigshare Services Pvt Ltd	Maashitla Securities Private Limited
Market Maker	Bhh Securities Private Limited	Giriraj Stock Broking Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Shree OSFM E-Mobility IPO is up to ₹24.60 Cr whereas the issue size of the Trident Techlabs IPO is up to ₹16.03 Cr. The final issue price of Shree OSFM E-Mobility IPO is ₹65.00 per share and of Trident Techlabs IPO is ₹35.00 per share.

	Shree OSFM E-Mobility IPO	Trident Techlabs IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹33.00 per share
Issue Price (Upper)		₹35.00 per share
Issue Price (Final)	₹65.00 per share	₹35.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	4000 shares
Fresh Issue Size	37,84,000 shares	45,80,000 shares
Fresh Issue Size (Amount)	up to ₹24.60 Cr	up to ₹16.03 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	37,84,000 shares	45,80,000 shares
Issue Size Total (Amount)	up to ₹24.60 Cr	up to ₹16.03 Cr

IPO Timetable

Shree OSFM E-Mobility IPO opens on Dec 14, 2023, while Trident Techlabs IPO opens on Dec 21, 2023. The closing date of Shree OSFM E-Mobility IPO and Trident Techlabs IPO is Dec 18, 2023, and Dec 26, 2023, respectively.

	Shree OSFM E-Mobility IPO	Trident Techlabs IPO
Anchor Bid Date		Dec 20, 2023
Issue Open	Dec 14, 2023	Dec 21, 2023
Issue Close	Dec 18, 2023	Dec 26, 2023
Basis Of Allotment (Tentative)	Dec 19, 2023	Dec 27, 2023
Initiation of Refunds (Tentative)	Dec 20, 2023	Dec 28, 2023
Credit of Share (Tentative)	Dec 20, 2023	Dec 28, 2023
Listing date (Tentative)	Dec 21, 2023	Dec 29, 2023
Anchor Lockin End date 1	Jan 18, 2024	Jan 26, 2024
Anchor Lockin End date 2	Mar 18, 2024	Mar 26, 2024

Financials

Shree OSFM E-Mobility IPO P/E ratio is 22.08, as compared to Trident Techlabs IPO P/E ratio of 7.42.

Shree OSFM E-Mobility IPO

Trident Techlabs IPO

Financial

Shree OSFM E-Mobility Limited Financial Information (Restated)

Shree OSFM E-Mobility Limited's revenue increased by 168.25% and profit after tax (PAT) rose by 89.88% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	5,019.67	4,203.97	2,588.41	2,909.86
Revenue	5,597.09	8,261.01	3,079.58	2,978.51
Profit After Tax	222.59	309.09	162.78	73.76
Net Worth	2,267.95	2,045.36	1,736.27	1,607.99
Reserves and Surplus	1,217.95	995.36	1,586.27	1,457.99
Total Borrowing
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)

76.02%

92.48%

Promoter Shareholding (Post-Issue)

55.88%

P/E Ratio

22.08

7.42

Market Cap

₹92.85 Cr.

₹60.48 Cr.

ROE

0.09%%

34.41%%

ROCE

0.21%%

23.67%%

Debt/Equity

0.45

0.84

EPS

₹2.94

₹4.72

RoNW

15.11%%

29.36%%

Shares Offered

In the Shree OSFM E-Mobility IPO retail investors (RII) are offered 17,92,000 shares while in Trident Techlabs IPO retail investors are offered 17,92,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Shree OSFM E-Mobility IPO and 8,04,000 shares in Trident Techlabs IPO.

	Shree OSFM E-Mobility IPO	Trident Techlabs IPO
Anchor Investor Reserveration		12,04,000 shares
Market Maker Reserveration	2,00,000 shares	3,60,000 shares
QIB	0 shares	8,04,000 shares
NII	17,92,000 shares	6,64,000 shares
RII	17,92,000 shares	15,48,000 shares
Employee	0 shares	0 shares
Others
Total	35,84,000 shares	30,16,000 shares

Bids Received (Subscription)

Shree OSFM E-Mobility IPO subscribed 8.52x in total, whereas Trident Techlabs IPO subscribed 763.30x.

	Shree OSFM E-Mobility IPO	Trident Techlabs IPO
QIB (times)		117.91x
NII (times)	6.82x	854.37x
Big NII (times)
Small NII (times)
RII (times)	9.30x	1,059.43x
Employee (times)
Other (times)
Total (times)	8.52x	763.30x

Compare with others

Shree OSFM E-Mobility IPO	Trident Techlabs IPO
Sameera Agro IPO	Indifra IPO
Supreme Power Equipment IPO	Sameera Agro IPO
Sahara Maritime IPO	Supreme Power Equipment IPO
Electro Force India IPO	Sahara Maritime IPO
Trident Techlabs IPO	Electro Force India IPO
Siyaram Recycling IPO	Shree OSFM E-Mobility IPO
Presstonic Engineering IPO	Siyaram Recycling IPO
S J Logistics IPO	Presstonic Engineering IPO
Accent Microcell IPO	S J Logistics IPO
Marinetrans India IPO	Accent Microcell IPO

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