Trident Lifeline is engaged in the pharmaceutical business ethical marketing in domestic as well as inernational market. Trident Lifeline are also engaged in distribution of pharmaceutical products through third party distribution network. We offer wide range of pharmaceutical formulations and products manufactured on contract manufacturing under loan lisence. We operate in India as well as African, Latin American and East Indian Countries. We have our presence through registered products or products under registration in countries like Bolivia, Cambodia, Cameroon, Chile, Ghana, Kenya, Myanamar, Nigeria, Peru, Sudan, Tajikistan, Uzbekistan, Venuzela.
We deal in Capsules, Tablets, Liquid Ointment, Gel, Ice Gel, Mouthwash, Paste, Solution, Suspension, Drypowders and Toothpaste. Our product portfolio comprises of vide 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). Our product portfolio consists of 832 products, as on May 31, 2022. We operate under different brand names across the globe. As on May 31, 2022, we have 267 products registered in total 8 countries. As on May 31, 2022, total 565 products are under process of registration in 11 countries, which shall boost the growth of our company.
Our Core business can be divided in following categories:
- Ethical marketing of pharmaceutical formulation & products in International Market through third-party distribution network and sales force under own brand.
- Getting our approved formulations manufactured through Contract Manufacturers, Source & Supply of Generic Pharma formulation and medicines in Domestic as well as International Market.
We are ISO 9001:2015 certified company. Our core strength lies in getting our approved formulation manufactured through contract manufacturers under lease lisence and marketing of formulations under our own brand through marketing network across geographies.
Competitive Strengths
- Experienced Promoters and Management Team
- Wide range of Products
- Strategic Location of Contract Manufacturing Facilities
- Diversified business operations and revenue base
- Scalable Business Model
- Quality assurance
Company 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
Company Financials
| Particulars | 31 March 2022 | 31 March 2021 | 31 March 2020 |
|---|---|---|---|
| Total Revenue | 2,237.14 | 978.13 | 500.71 |
| Total Expense | 1,931.10 | 892.74 | 608.23 |
| Profit Before Tax | 306.04 | 85.39 | -107.52 |
| Profit After Tax | 227.32 | 63.23 | -79.63 |
Object Of The Issue
- To Meet Working Capital Requirements
- Product registration in the international markets
- General Corporate Purpose
- To meet Public Issue Expenses
Trident Lifeline IPO – Details
| IPO Opening Date | 26 September 2022 |
| IPO Closing Date | 29 September 2022 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | ₹35.34 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹101 |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Link Intime India Private Limited |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
Trident Lifeline IPO – Date Schedule
| IPO Open Date | 26 September 2022 |
| IPO Close Date | 29 September 2022 |
| Basis of Allotment Date | 04 October 2022 |
| Initiation of Refunds | 06 October 2022 |
| Credit of Shares to Demat Account | 07 October 2022 |
| IPO Listing Date | 10 October 2022 |
Trident Lifeline IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 1200 | 1,21,200 |
| Maximum | 1 | 1200 | 1,21,200 |
Trident Lifeline IPO Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 69.57% |
Trident Lifeline IPO Prospectus
Company Contact Information
| Trident Lifeline Limited 2nd Floor, Shop-2004, North Extension, Falsawadi Begumpura, Nodh-4/1650, Sahara Darwaja, Surat – 395003, Gujarat, India Phone: +918160276395 Email: compliance@tridentlifeline.com Website: www.tridentlifeline.com |
Trident Lifeline IPO Registrar
| Link Intime India Private Limited Phone: 022 4918 6200 Email: trilife.ipo@linkintime.co.in Website: https://www.linkintime.co.in/ |
Trident Lifeline IPO Lead Manager(s)
| 1. Beeline Capital Advisors Private Limited |
Trident Lifeline IPO FAQs
| What is Trident Lifeline IPO? Trident Lifeline IPO is a SME IPO. The issue is priced at ₹101 per equity share. The IPO is to be listed on BSE SME. |
| When Trident Lifeline IPO will open? The IPO is to open on 26 September 2022 for QIB, NII and Retail Investors. |
| What is Trident Lifeline IPO Investors Portion? The investors’ portion for NII-50%, and Retail 50%. |
| How to Trident Lifeline IPO? You can apply Trident Lifeline IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Trident Lifeline IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Trident Lifeline”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Trident Lifeline IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Trident Lifeline”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Trident Lifeline IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Trident Lifeline”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Trident Lifeline IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Trident Lifeline”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Trident Lifeline IPO Size? Trident Lifeline IPO size is ₹35.34 crores. |
| What is Trident Lifeline IPO Price Band? Trident Lifeline IPO Price Band is ₹101. |
| What is Trident Lifeline IPO Minimum and Maximum Lot Size? The minimum bid is 1200 Shares with ₹1,21,200 amount while the maximum bid is 1200 shares with ₹1,21,200. |
| What is the Trident Lifeline IPO Allotment Date? Trident Lifeline IPO allotment date is 04 October 2022. |
| What is the Trident Lifeline IPO Listing Date? Trident Lifeline IPO listing date is 10 October 2022. The IPO is to list on BSE SME. |
