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Trident Lifeline Limited

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.

₹101 - ₹1011.34x sub
Listed Price105.00
Listing Gain+3.96%
TimelineBookbuilding IPO
Open26 Sep 2022
Close29 Sep 2022
Allotment04 Oct 2022
Listing10 Oct 2022

Quota Reservation Portions

Market MakerPortion: 1,75,200 shares
5.01%
Nii (hni)Portion: 16,62,000 shares
47.5%
RetailPortion: 16,62,000 shares
47.5%

Minimum Application Bracket Matrix

Retail1 lots / 1,200 shares
₹1,21,200
HNI2 lots / 2,400 shares
₹2,42,400

About the Company

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.

Company Promoters

Mr. Hardik Jigishkumar DesaiMr. Mayurkumar Mansukhbhai GajeraMrs. Rupaben C JariwalaMrs. Rinkal Mayurbhai GajeraMr. Tarang Nathabhai GajeraMr. Mohak Nathabhai Gajera