Trident Lifeline IPO Review
Trident Lifeline IPO Overview
Trident Lifeline Limited, founded in 2014, is engaged in the marketing of pharmaceutical goods in both the domestic and foreign markets. The firm also distributes medicinal items via a third-party distribution network.
Trident Lifeline Limited provides a diverse variety of pharmaceutical formulations and products manufactured under a loan licence.
Trident Lifeline’s product portfolio includes 832 products as of May 31, 2022, including anti-bacterial, anti-parasitic, anti-diarrheal, anti-fungal, anti-malerial, proton pump inhibitor, anti-diabetic, dental cure, anti-protozol, anti-histamine, anti-hypertensive drugs, anti-lipidemic drug, multivitamin, multimineral nyteraceutical (NSAIDs).
Trident Lifeline IPO Details
Trident Lifeline IPO Date | Sep 26, 2022 to Sep 29, 2022 |
Trident Lifeline IPO Face Value | ₹10 per share |
Trident Lifeline IPO Price | ₹101 per share |
Trident Lifeline IPO Lot Size | 1200 Shares |
Issue 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) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
NII (HNI) Shares Offered | 50% of the net offer |
Retail Shares Offered | 50% of the net offer |
Company Promoters | Mr. Hardik Jigishkumar Desai, Mr. Mayurkumar Mansukhbhai Gajera, Mrs. Rupaben C Jariwala, Mrs. Rinkal Mayurbhai Gajera, Mr. Tarang Nathabhai Gajera and Mr. Mohak Nathabhai Gajera are the company promoters. |
Trident Lifeline IPO Financial Performance
Period Ended | Total Assets | Total Revenue |
31-Mar-20 | 638.92 | 500.71 |
31-Mar-21 | 1144.41 | 978.13 |
31-Mar-22 | 1385.98 | 2237.14 |
Amount in ₹ Lakhs |
Period Ended | Profit After Tax | Net Worth |
31-Mar-20 | -79.63 | -300.03 |
31-Mar-21 | 63.23 | -47.07 |
31-Mar-22 | 227.32 | 480.25 |
Amount in ₹ Lakhs |
Trident Lifeline IPO Key Ratios
FY 2020 | FY 2021 | FY 2022 | |
EPS | (3.12) | 1.53 | 3.98 |
PE ratio | – | – | 25.38 |
RONW (%) | – | – | 46.79 |
NAV | – | – | 6.07 |
Listing Performance of Trident Lifeline IPO
Listed On : BSE SME
Issue Price : ₹101 per share
Listing Day Close : NA
Listing Day Gain : NA
Trident Lifeline IPO ISIN Number Code
NSE : NA
ISIN CODE : INE064C01022
BSE : NA
Trident Lifeline IPO Allotment Status
Trident Lifeline IPO Important Dates
Trident Lifeline IPO Opening Date | Sep 26, 2022 |
Trident Lifeline IPO Closing Date | Sep 29, 2022 |
Basis of Allotment | Oct 4, 2022 |
Initiation of Refunds | Oct 6, 2022 |
Credit of Shares to Demat | Oct 7, 2022 |
Trident Lifeline IPO Listing Date | Oct 10, 2022 |
Trident Lifeline IPO Contact Details
2nd Floor, Shop-2004,
North Extension, Falsawadi Begumpura, Nodh-4/1650,
Sahara Darwaja, Surat – 395003
Phone: 8160276395
Email: compliance@tridentlifeline.com
Website: http://www.tridentlifeline.com/
Trident Lifeline IPO Registrar Contact Details
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: trilife.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Trident Lifeline IPO FAQ's
The Trident Lifeline IPO is a BSE SME IPO of ₹101 per share with a face value of 10 per equity share.
The issue size is priced at 3,499,200 shares of ₹10 (aggregating up to ₹35.34 Cr).
The fresh issue size priced at 3,499,200 shares of ₹10 (aggregating up to ₹35.34 Cr).
The initial public offering (IPO) begins on Sep 26, 2022 and ends on Sep 29, 2022.
The registrar for the IPO is Link Intime India Private Ltd.
The Trident Lifeline IPO opens on Sep 26, 2022 and closes on Sep 29, 2022.
Trident Lifeline IPO Market lot size is 1200 Shares and the minimum order quantity is 1200 Shares.
The finalisation of Basis of Allotment for Trident Lifeline IPO will be done on Oct 4, 2022. and the allotted shares will be credited to your demat account by Oct 7, 2022. Check the Trident Lifeline IPO status.
The Trident Lifeline IPO listing date is on Oct 10, 2022.
Trident Lifeline IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.