Trident Lifeline
BSE SME₹121,200 / 1200 Shares
Trident Lifeline IPO Details
The Trident Lifeline IPO price band is set between ₹101 per equity share, with a face value of ₹10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 26 Sep, 2022 and closes on 29 Sep, 2022. Investors can check the allotment status on 4 Oct, 2022, while the listing date is tentatively scheduled for 10 Oct, 2022.
The total issue size is 3,499,200 shares of ₹10 , aggregating up to ₹35.34 Cr. Stay tuned for the latest Trident Lifeline IPO review and GMP updates.
Trident Lifeline IPO Review, Rating & Analysis
Trident Lifeline IPO Review
NO REVIEWTrident Lifeline IPO Rating
Trident Lifeline IPO Highlights
IPO Date
Sep 26, 2022 - Sep 29, 2022
Listing Date
10 Oct, 2022
Face Value
₹10 Per Equity Share
Price Band
₹101 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Trident Lifeline IPO Lot Size
The minimum market lot for Trident Lifeline IPO is 1200 shares with an application amount of ₹1,21,200. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,21,200 |
| Retail (Max) | 1 | 1200 | ₹1,21,200 |
| S-HNI (Min) | 2 | 2400 | ₹2,42,400 |
| S-HNI (Max) | 8 | 9600 | ₹9,69,600 |
| B-HNI (Min) | 9 | 10800 | ₹10,90,800 |
Trident Lifeline IPO Timeline
Issue Price
₹101 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Link Intime India Private LtdLead Manager
Beeline Capital Advisors Pvt LtdIssue Size
3,499,200 shares of ₹10 (aggregating up to ₹35.34 Cr)#Fresh Issue: 3,499,200 shares of ₹10 (aggregating up to ₹35.34 Cr)Trident Lifeline IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Mar 22 | 1385.98 | 2237.14 | 227.32 | - | - | - |
| 31 Mar 21 | 1144.41 | 978.13 | 63.23 | - | - | - |
| 31 Mar 20 | 638.92 | 500.71 | -79.63 | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- Mr. Hardik Jigishkumar Desai
- Mr. Mayurkumar Mansukhbhai Gajera
- Mrs. Rupaben C Jariwala
- Mrs. Rinkal Mayurbhai Gajera
- Mr. Tarang Nathabhai Gajera
- Mr. Mohak Nathabhai Gajera
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 69.57% |
About Company
Trident Lifeline Limited is engaged in the marketing of pharmaceutical products in domestic as well as international market. The company is also engaged in distribution of pharmaceutical products through third-party distribution network.
Trident Lifeline Limited offers a wide range of pharmaceutical formulations and products manufactured on contract manufacturing under a loan licence.
Trident Lifeline product portfolio consists of 832 products, as on May 31, 2022, including 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-steroidal anti-inflammatory drug (NSAIDs).
Trident Lifeline IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,662,000 | 1,662,000 | 3,324,000 |
Day 1 -26-09-22 06:00 PM | 0.07 x | 0.06 x | 0.06 x |
Day 2 -27-09-22 06:00 PM | 0.43 x | 0.33 x | 0.38 x |
Day 3 -28-09-22 06:00 PM | 0.63 x | 0.52 x | 0.58 x |
Day 4 -29-09-22 06:00 PM | 1/40 x | 0.98 x | 1.34 x |
Frequently Asked Questions about Trident Lifeline IPO
When will Trident Lifeline IPO open for subscription?
The Trident Lifeline IPO opens on 26 Sep, 2022 and closes on 29 Sep, 2022.
What is the investors portion for Trident Lifeline IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1662000.
How to apply for Trident Lifeline IPO?
You can apply for Trident Lifeline IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Trident Lifeline IPO?
The issue size of Trident Lifeline IPO is approx ₹3,499,200 shares of ₹10 (aggregating up to ₹35.34 Cr)#Fresh Issue: 3,499,200 shares of ₹10 (aggregating up to ₹35.34 Cr) crores.
What is the price band of Trident Lifeline IPO?
The price band for Trident Lifeline IPO is ₹101 per equity share to ₹undefined.
What is the lot size of Trident Lifeline IPO?
The minimum bid (lot size) for Trident Lifeline IPO is N/A shares with an investment of approx ₹121,200 .
What is the allotment date of Trident Lifeline IPO?
The allotment date for Trident Lifeline IPO is 4 Oct, 2022.
What is the listing date of Trident Lifeline IPO?
The listing date for Trident Lifeline IPO is expected to be 10 Oct, 2022.
What is the GMP of Trident Lifeline IPO?
The latest Grey Market Premium (GMP) for Trident Lifeline IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.