Tridhya Tech Limited

LISTED

SME IPO · IPO Guide

Issue Price
₹35 – ₹42
Listed On
13 Jul 2023
Listing Price
₹42 (+0.00%)
Current Price LIVE
₹42 (+0.00%)
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Lot Size Calculator

Application Lots Shares Amount
Retail (Min) 1 3,000 ₹1,26,000
Retail (Max) 2 6,000 ₹2,52,000
S-HNI (Min) 3 9,000 ₹3,78,000
S-HNI (Max) 7 21,000 ₹8,82,000
B-HNI (Min) 8 24,000 ₹10,08,000

As per financials, Tridhya Tech Limited has shown good growth, RoNW is 22.37% and P/E is respectively 28.51 and 26.11 as per FY22 and annualised FY23 earnings, which looks fully priced. Also company is growing in-organically by acquiring other companies. Company is in business of Software development services, which is highly fragmented and competitive. Performance of BRLM is poor post listing. So we are giving AVOID rating to this SME IPO, readers must consult a qualified financial advisor prior to making any actual investment decisions.

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Disclaimer

No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.

💬 Community Discussion

2 Comments
  • I
    IPO Guide 05 Jul 2023, 15:28
    in gray market it's active
  • M
    Mudit Agarwal 05 Jul 2023, 14:18
    kesa h ye

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