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TLTLLListed

Trident Lifeline Limited

Bookbuilding IPO · BSE

Price band
₹101 - ₹101
Lot size
1,200 shares
Issue amount
₹35.34 cr
Total subscription
1.34×
Current price₹402
Listing price ₹105
Watch live price ↗
Opens
26 Sept 2022
Closes
29 Sept 2022
Allotment
4 Oct 2022
Listing
10 Oct 2022

Offer at a glance

Issue overview

Issue size
34,99,200 shares
Face value
₹10 per share
Minimum investment
₹1,21,200
Fresh issue
₹35.34 cr
Offer for sale
₹0 cr
Registrar
Link Intime India Private Limited
Listing exchange
BSE
Maximum investment
₹1,21,200
Issue type
Bookbuilding IPO
Shares before issue
80,00,000
Shares after issue
1,14,99,200

Lot sizes

CategoryLotsSharesAmount
RETAIL11,200₹1,21,200
HNI22,400₹2,42,400

Share reservation

Market Maker5.01%
NII (HNI)47.5%
RETAIL47.5%

Subscription & GMP

Subscription by category

Total subscribed1.34×

Subscription figures are awaiting publication.

GMP history

01227 Mar: ₹227 Nov: ₹2
27 Mar₹227 Nov

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
-1,00001,0002,0003,000Mar-22 · Revenue: 2,237.14Mar-22 · Profit after tax: 227.32Mar-22 Mar-21 · Revenue: 978.13Mar-21 · Profit after tax: 63.23Mar-21 Mar-20 · Revenue: 500.71Mar-20 · Profit after tax: -79.63Mar-20
RevenueProfit after tax

Company information

Company profile

Incorporated in 2014, Trident Lifeline Limited is engaged in the marketing and distribution of pharmaceutical products in domestic and international markets through a third-party distribution network. The company offers a portfolio of 832 products as of May 31, 2022, including antibiotics, antifungals, antimalarials, antidiabetics, dental care products, proton pump inhibitors, antihistamines, antihypertensives, antiparasitics, multivitamins, multiminerals, and NSAIDs. Its core business includes ethical marketing of pharmaceutical formulations internationally under its brand and sourcing approved formulations through contract manufacturers for both domestic and global markets. Trident Lifeline has a presence in India as well as in African, Latin American, and East Asian countries, with registered or under-registration products in Bolivia, Cambodia, Cameroon, Chile, Ghana, Kenya, Myanmar, Nigeria, Peru, Sudan, Tajikistan, Uzbekistan, and Venezuela.

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

Registrar & documents

Lead manager

Beeline Capital Advisors Private Limited

Registered office

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

8160276395

[email protected]Company website ↗

Understanding TLL IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.