Trident Lifeline IPO Details

Subscription StatusAllotment StatusListing Date

Trident Lifeline IPO subscription is to open on Sep 26, 2022, and close on Sep 29, 2022, the price band of the Trident Lifeline IPO is fixed at ₹ 101. Trident Lifeline is engaged in the pharmaceutical business and ethical marketing in domestic and international markets.

Trident Lifeline IPO

About Trident Lifeline

Trident Lifeline is engaged in the pharmaceutical business and ethical marketing in domestic and international markets. Trident Lifeline also engaged in the distribution of pharmaceutical products through the third-party distribution network. The company offers a wide range of pharmaceutical formulations and products manufactured on contract manufacturing under a loan license.

Trident Lifeline operates in India and African, Latin American, and East Indian Countries. The company has a presence through registered products or products under registration in countries like Bolivia, Cambodia, Cameroon, Chile, Ghana, Kenya, Myanamar, Nigeria, Peru, Sudan, Tajikistan, Uzbekistan, Venuzela.

Objects of the Issue

  • To Meet Working Capital Requirements
  • Product registration in the international markets
  • General Corporate Purpose
  • To meet Public Issue Expenses

Trident Lifeline Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in lakh)
  31-Mar-22 31-Mar-21 31-Mar-20
Total Assets 1,385.98 1,144.41 638.92
Total income 2,237.14 978.13 500.71
Total Expenses 1,931.10 892.74 608.23
Profit After Tax 227.32 63.23 (79.63)

Trident Lifeline IPO Details

DescriptionIPO Details
Public IssueInitial Public Issue of upto 34,99,200 Equity Shares of ₹ 10 (aggregating up to ₹ 3534.19 lakhs)
Issue Open  Date26-Sep-22
Issue Close Date29-Sep-22
Issue TypeFixed Price
IPO Price Band₹ 101
Face Value ₹ 10
Market Lot 1200 Equity Shares and in multiples thereof
Minimum Order Quantity 1200 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing BSE SME
NSE SymbolTLL
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Trident Lifeline IPO DRHP & RHP

Trident Lifeline IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum11200₹ 1,21,200
Maximum11200₹ 1,21,200

Trident IPO Lead Managers

  • Beeline Capital Advisors Private Limited

Trident IPO Registrar

Trident IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on26-Sep-22
Bid / Offer Closes on29-Sep-22
Finalisation of Basis of Allotment04-Oct-22
Initiation of refunds 06-Oct-22
Credit of the Equity Shares07-Oct-22
Listing Date10-Oct-22

Company Corporate Office

2001, 2nd Floor, APMC,
Krushi Bazar, Begumpura,
Falsawadi, Ring Road,
Surat – 395003,
Gujarat, India
Website: www.tridentlifeline.com

Company Registered Office

2nd Floor, Shop-2004,
North Extension,
Falsawadi Begumpura,
Nodh-4/1650, Sahara Darwaja,
Surat – 395003,
Gujarat, India

Company Promoters

  • Mr. Hardik Jigishkumar Desai
  • Mr. Mayurkumar Mansukhbhai Gajera
  • Mrs. Rupaben C Jariwala
  • Mrs. Rinkal Mayurbhai Gajera
  • Mr. Tarang Nathabhai Gajera
  • Mr. Mohak Nathabhai Gajera

Trident Lifeline IPO FAQS

What is the Trident IPO Price?

The Trident IPO price band is 101 per share

When Trident IPO will open?

The Trident IPO opens on Sep 26, 2022 and closes on Sep 29, 2022

What is the lot size of Trident Lifeline IPO?

The Trident Lifeline IPO lot size is 1200 Equity Shares and the minimum order quantity is 1200 Equity Shares

Who is the Registrar for Trident Lifeline IPO?

The Registrar for Trident Lifeline IPO is Link Intime India Private Limited

How to apply in Trident Lifeline IPO through UPI?

Check the step by step process here – Click here

How to apply in Trident Lifeline IPO through Zerodha?

Check the step by step process here – Click here

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