Supreme Power Equipment IPO vs Trident Techlabs IPO

Comparision between Supreme Power Equipment IPO and Trident Techlabs IPO.

IPO Details

Supreme Power Equipment 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.

	Supreme Power Equipment 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	Narnolia Financial Services Ltd	GYR Capital Advisors Private Limited
Registrar	Purva Sharegistry India Pvt Ltd	Maashitla Securities Private Limited
Market Maker	Share India Securities Limited	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 Supreme Power Equipment IPO is up to ₹46.67 Cr whereas the issue size of the Trident Techlabs IPO is up to ₹16.03 Cr. The final issue price of Supreme Power Equipment IPO is ₹65.00 per share and of Trident Techlabs IPO is ₹35.00 per share.

	Supreme Power Equipment IPO	Trident Techlabs IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹61.00 per share	₹33.00 per share
Issue Price (Upper)	₹65.00 per share	₹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	71,80,000 shares	45,80,000 shares
Fresh Issue Size (Amount)	up to ₹46.67 Cr	up to ₹16.03 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	71,80,000 shares	45,80,000 shares
Issue Size Total (Amount)	up to ₹46.67 Cr	up to ₹16.03 Cr

IPO Timetable

Supreme Power Equipment IPO opens on Dec 21, 2023, while Trident Techlabs IPO opens on Dec 21, 2023. The closing date of Supreme Power Equipment IPO and Trident Techlabs IPO is Dec 26, 2023, and Dec 26, 2023, respectively.

	Supreme Power Equipment IPO	Trident Techlabs IPO
Anchor Bid Date	Dec 20, 2023	Dec 20, 2023
Issue Open	Dec 21, 2023	Dec 21, 2023
Issue Close	Dec 26, 2023	Dec 26, 2023
Basis Of Allotment (Tentative)	Dec 27, 2023	Dec 27, 2023
Initiation of Refunds (Tentative)	Dec 28, 2023	Dec 28, 2023
Credit of Share (Tentative)	Dec 28, 2023	Dec 28, 2023
Listing date (Tentative)	Dec 29, 2023	Dec 29, 2023
Anchor Lockin End date 1	Jan 26, 2024	Jan 26, 2024
Anchor Lockin End date 2	Mar 26, 2024	Mar 26, 2024

Financials

Supreme Power Equipment IPO P/E ratio is 10.69, as compared to Trident Techlabs IPO P/E ratio of 7.42.

Supreme Power Equipment IPO

Trident Techlabs IPO

Financial

Supreme Power Equipment Limited Financial Information (Restated Consolidated)

Period Ended	31 Jul 2023	31 Mar 2023
Assets	9,187.16	6,901.04
Revenue	3,927.61	9,990.85
Profit After Tax	503.16	1,107.88
Net Worth	2,298.26	1,805.69
Reserves and Surplus	1,902.46	1,409.89
Total Borrowing	2,153.82	1,999.74
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)

79.37%

92.48%

Promoter Shareholding (Post-Issue)

57.54%

P/E Ratio

10.69

7.42

Market Cap

₹162.44 Cr.

₹60.48 Cr.

ROE

59.88%%

34.41%%

ROCE

83.01%%

23.67%%

Debt/Equity

0.45

0.84

EPS

₹6.08

₹4.72

RoNW

59.88%%

29.36%%

Shares Offered

In the Supreme Power Equipment IPO retail investors (RII) are offered 21,88,000 shares while in Trident Techlabs IPO retail investors are offered 21,88,000 shares. Qualified institutional buyers (QIB) are offered 12,50,000 shares in Supreme Power Equipment IPO and 8,04,000 shares in Trident Techlabs IPO.

	Supreme Power Equipment IPO	Trident Techlabs IPO
Anchor Investor Reserveration	18,70,000 shares	12,04,000 shares
Market Maker Reserveration	9,32,000 shares	3,60,000 shares
QIB	12,50,000 shares	8,04,000 shares
NII	9,40,000 shares	6,64,000 shares
RII	21,88,000 shares	15,48,000 shares
Employee	0 shares	0 shares
Others
Total	43,78,000 shares	30,16,000 shares

Bids Received (Subscription)

Supreme Power Equipment IPO subscribed 262.60x in total, whereas Trident Techlabs IPO subscribed 763.30x.

	Supreme Power Equipment IPO	Trident Techlabs IPO
QIB (times)	88.98x	117.91x
NII (times)	489.10x	854.37x
Big NII (times)
Small NII (times)
RII (times)	264.48x	1,059.43x
Employee (times)
Other (times)
Total (times)	262.60x	763.30x

Compare with others

Supreme Power Equipment IPO	Trident Techlabs IPO
Kay Cee Energy & Infra IPO	Indifra IPO
Balaji Valve Components IPO	Sameera Agro IPO
AIK Pipes And Polymers IPO	Supreme Power Equipment IPO
Indifra IPO	Sahara Maritime IPO
Sameera Agro IPO	Electro Force India IPO
Sahara Maritime IPO	Shree OSFM E-Mobility IPO
Electro Force India IPO	Siyaram Recycling IPO
Trident Techlabs IPO	Presstonic Engineering IPO
Shree OSFM E-Mobility IPO	S J Logistics IPO
Siyaram Recycling IPO	Accent Microcell IPO

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