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Tridhya Tech's SME public issue opens on Friday. Price band at Rs 35-42 per share

Ahmedabad-based Tridhya Tech is set to launch an SME public issue, aiming to raise up to INR 26.41 crore. The issue will open on June 30 and close on July 5, with a price band of INR 35-42 per share. The company plans to use the proceeds for loan repayment and general corporate purposes. Following the IPO, Tridhya Tech s shares will be listed on the SME Emerge Platform of the National Stock Exchange. ....

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Tridhya Tech's IPO Opens on 30th June 2023

Tridhya Tech's IPO Opens on 30th June 2023
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SME IPO: Tridhya Tech issue to open on June 30. 10 things to know about the offer

Tridhya Tech s IPO, offering up to 62.8 lakh equity shares, will be open for public subscription from June 30 to July 5. The shares are priced at Rs 35-42 apiece with minimum bids of 3,000 shares per lot. Tridhya Tech provides software development services, including turnkey consultancy, to various industries like e-commerce and real estate. The net proceeds will go towards repaying secured and unsecured loans and other corporate expenses. Around half of the issue is reserved for qualified institutional buyers. The company s shares will likely get listed on the NSE Emerge platform on July 13. ....

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