Trident Lifeline Limited

Company Profile
Company Name Trident Lifeline Limited
Open Date 26-09-2022
Close Date 29-09-2022
Exchange BSE SME
Lot Size 1200 Shares
Issue Price ₹ 101 per share
Issue Size 34,99,200 Equity Shares
Application Amount ₹ 1,21,200
Recommendation Avoid
Trident Lifeline Limited was incorporated in the year 2014 and is engaged in the pharmaceutical industry. The company is engaged in the business of marketing and distributing of pharmaceutical products in both domestic and international market. The company is also engaged in contract manufacturing of its products.
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-22 Mar-21 Mar-20
Total Assets 1,385.98 1,144.11 638.92
Net Assets 480.25 (47.07) (300.30)
Total Borrowings 245.31 452.53 646.23
Total Revenue 2,237.14 978.13 500.17
Profit After Tax 227.32 63.23 (79.63)

Tentative Timeline

Opening Date 26-09-2022
Closing Date 29-09-2022
Basis of Allotment 04-10-2022
Initiation of Refunds 06-10-2022
Credit of Shares to Demat 07-10-2022
Listing Date 10-10-2022

Objects of the Issue

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

Contact Information

Registered Office Trident Lifeline Limited 2nd Floor, Shop-2004, North Extension, Falsawadi Begumpura, Nodh-4/1650, Sahara Darwaja, Surat – 395003
Phone 8160276395

Registrar Details

Name Link Intime India Private Limited
Phone +91-22-4918 6270

IPO Reservation

Anchor Investor Shares Offered -
Market Maker Shares Offered 175,200 (5.01%)
Other Shares Offered 16,62,000 (47.50%)
Retail Shares Offered 16,62,000 (47.50%)
Total Shares Offered 34,99,200 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 69.57%

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