IPO Trending
TLLSME / BSEListed
Trident Lifeline

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 Price₹105.00
Listing Gain+3.96%

IPO Schedule & Timeline

Bookbuilding IPO
Open26 Sep 2022
Close29 Sep 2022
Allotment04 Oct 2022
Listing10 Oct 2022

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker1,75,200 shares
5.01%
Nii (hni)16,62,000 shares
47.5%
Retail16,62,000 shares
47.5%

Minimum Application Lots

Retail1 Lot (1,200 shares)
₹1,21,200
HNI2 Lots (2,400 shares)
₹2,42,400

Company Promoters

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

Company Background

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, prot...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-20 )₹500.71 Cr
Growth-77.6%
Revenue Trend (₹ in Crores)
0.0857.61.7k2.6kMar-22 Mar-21 Mar-20
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-20 500.71-79.63 638.920
Mar-21 978.1363.231144.410
Mar-22 2237.14227.321385.980

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
04 Oct 2022
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
10 Oct 2022

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Trident Lifeline. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization04 Oct 2022Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date10 Oct 2022Trading commences on exchange

How to Check Trident Lifeline Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Trident Lifeline from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

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Prospectus & Official Filings

Allotment FAQs & Help

About Trident Lifeline IPO

Complete issue overview for Trident Lifeline (TLL) IPO. The issue features an equity share price band of ₹101 per share with a minimum retail lot size of 1200 Shares (minimum application amount of ₹1,21,200). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions