Trident Lifeline IPO description – The company is engaged in the pharmaceutical business ethical marketing in domestic as well as international market. It is also engaged in distribution of pharmaceutical products through third party distribution network. The company offers wide range of pharmaceutical formulations and products manufactured on contract manufacturing under loan licence. It operates in India as well as African, Latin American and East Indian Countries. It has presence through registered products or products under registration in countries like Bolivia, Cambodia, Cameroon, Chile, Ghana, Kenya, Myanamar, Nigeria, Peru, Sudan, Tajikistan, Uzbekistan, Venuzela.
Trident Lifeline deals in Capsules, Tablets, Liquid Ointment, Gel, Ice Gel, Mouthwash, Paste, Solution, Suspension, Drypowders and Toothpaste. Its product portfolio comprises of wide range of drugs like Anti Bacterial, Anti Diarrheal, Anti Fungal, Anti Malerial, Anti Diabetic, Dental Cure, Proton Pump Inhibitor, Anti Protozol, Anti Histamine, Anti Hypertensive drugs, Anti Lipidemic Drug, Anti Parasitic, Multivitamin, Multimineral Nyteraceutical and Non-steriodal anti-inflamatory drug (NSAIDS). Its product portfolio consists of 832 products, as on 31 May 2022. As on 31 May 2022, it had 267 products registered in total 8 countries while 565 products were under process of registration in 11 countries.
Promoters of Trident Lifeline – 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 Details
| Trident Lifeline IPO Date | 26 – 29 September 2022 |
| Trident Lifeline IPO Price | INR 101 per share |
| Fresh issue | 3,499,200Â shares (INR 35.34 crore) |
| Offer For Sale | Nil |
| Total IPO size | 3,499,200Â shares (INR 35.34 crore) |
| Minimum bid (lot size) | 1,200 share |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Trident Lifeline Financial Performance
| Â | FY2020 | FY2021 | FY2022 |
| Revenue | 493.49 | 962.23 | 2,176.79 |
| Expenses | 608.23 | 892.74 | 1,931.10 |
| Net income | (79.63) | 63.23 | 227.32 |
Trident Lifeline Offer News
Trident Lifeline Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | (3.12) | 1.53 | 3.98 |
| PE ratio | – | – | 25.38 |
| RONW (%) | – | – | 46.79 |
| NAV | – | – | 6.07 |
Trident Lifeline IPO GMP Daily Trend
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 30 Sep 2022 | – | – | – |
| 29 Sep 2022 | – | – | 4,000 |
| 28 Sep 2022 | – | – | 4,000 |
| 27 Sep 2022 | – | 5,000 | |
| 26 Sep 2022 | – | – | 5,000 |
| 24 Sep 2022 | – | – | 5,000 |
| 23 Sep 2022 | – | – | 5,000 |
Trident Lifeline Offer Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 1,662,000 | 1,662,000 | 3,324,000 |
| Day 1 | 0.07 | 0.05 | 0.06 |
| Day 2 | 0.41 | 0.32 | 0.36 |
| Day 3 | 0.63 | 0.52 | 0.58 |
| Day 4 | 1.69 | 0.98 | 1.34 |
| Last updated on 29 Sep 2022 | 06:59:28 PM |
Trident Lifeline Offer Lead Manager
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
807, Phoenix Tower, Opp. New Girish Cold drinks,
Near Vijay Cross Roads, Navrangpura
Ahmedabad – 380009, Gujarat, India
Phone: +91-79-48405357, 48406357
E-mail:Â [email protected]
Website:Â www.beelinemb.com
Trident Lifeline Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Phone:Â +91 22 4918 6200Â
Email:Â [email protected]
Website:Â www.linkintime.co.in
Trident Lifeline Contact Details
TRIDENT LIFELINE LIMITED
2001, 2nd Floor, APMC, Krushi
Bazar, Begumpura, Falsawadi,
Ring Road, Surat – 395003, Gujarat
Phone: +91 0261 – 2490224
Email: [email protected]
Website: www.tridentlifeline.com
Trident Lifeline IPO Allotment Status
Trident Lifeline IPO allotment is now available on Link Intime’s website. Click on this link to get allotment status.
Trident Lifeline IPO Timetable
| Trident Lifeline IPO Opening Date | 26 September 2022 |
| Trident Lifeline IPO Closing Date | 29 September 2022 |
| Finalisation of Basis of Allotment | 4 October 2022 |
| Initiation of refunds | 6 October 2022 |
| Transfer of shares to demat accounts | 7 October 2022 |
| Trident Lifeline IPO Listing Date | 10 October 2022 |
| Opening Price on BSE SME | INR105 per share (up 3.96%) |
| Closing Price on BSE SME | Coming soon |
Trident Lifeline IPO FAQs
What is Trident Lifeline offer size?
Trident Lifeline offer size is INR 35.34 crore.
What is Trident Lifeline IPO Price Band?
Trident Lifeline public offer price is INR 101 per share.
What is the lot size of Trident Lifeline IPO?
Trident Lifeline offer lot size is 1,200 shares.
What is Trident Lifeline IPO GMP today?
Trident Lifeline IPO GMP today is INR NA per share.
What is Trident Lifeline kostak rate today?
Trident Lifeline kostak rate today is NA per application.
What is Trident Lifeline Subject to Sauda rate today?
Trident Lifeline Subject to Sauda rate today is INR NA per application.
