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Trident Lifeline IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Surat and caters to Pharmaceutical sector. Beeline Capital Advisors is the merchant banker of Trident Lifeline IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 1st August 2022.
Trident Lifeline IPO open date is 26th September 2022 and close date is 29th September 2022. IPO Allotment Date is 4th October 2022 and Listing date is 10th October 2022.
IPO
Size:
₹ 35.34 Cr.
Avg IPO Size (Sector Based)
: ₹
21.21 cr.
Sector: Pharmaceutical
SME
IPO so far:
37
Merchant Banker:
Beeline Capital
SME
IPO by BRLM so far:
73
City:
Surat
SME
IPO so far:
40
Revenue (annualised):
₹
22.37
cr. 
PE
Ratio:
51.53x
Average Sector PE Ratio: 20.29x
Trident Lifeline IPO size is ₹ 35.34 Cr. with IPO price of ₹ 101.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Beeline Capital Advisors Private Limited is the book-running lead manager of the Trident Lifeline IPO. Link Intime India Private Limited is the Registrar and Market Maker is Sunflower Broking Private Limited for Trident Lifeline IPO.
Trident Lifeline IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Trident Lifeline IPO, based in Surat, operates in the Pharmaceutical sector with a focus on Pharmaceutical business. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Trident Lifeline IPO size is ₹ 35.34 Cr. with fresh issue size of ₹ 35.34 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Trident Lifeline IPO is expected to be 4th October 2022, after the finalization of basis of allotment. Investors can check Trident Lifeline IPO allotment status on the registrars website, Link Intime India Private Limited. Trident Lifeline IPO refund dates are 6th October 2022.
Trident Lifeline IPO is expected to be listed on 10th October 2022.
The upper price band for the Trident Lifeline IPO is set at ₹ 101.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Trident Lifeline IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Trident Lifeline IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 29th September 2022. After submission, funds are blocked until the basis of allotment of Trident Lifeline IPO is finalised.
The merchant banker for Trident Lifeline IPO is Beeline Capital Advisors Private Limited . Beeline Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Trident Lifeline IPO RHP for further details.
The registrar for Trident Lifeline IPO is Link Intime India Private Limited. Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Trident Lifeline IPO through their official website or helpline.
Trident Lifeline IPO was subscribed 1.34 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 35.34 Cr.
Avg IPO Size (Sector Based)
:
₹ 21.21 Cr.
Sector: Pharmaceutical
SME
IPO so far:
37
Merchant Banker:
Beeline Capital
SME
IPO by BRLM so far:
73
City:
Surat
SME
IPO so far:
40
Revenue (annualised):
₹ 21.77 cr.
PE
Ratio:
51.53x
Average Sector PE Ratio: 20.29x
Trident Lifeline IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Trident Lifeline Financial Review Page
Merchant Banker(s) of Trident Lifeline IPO: Beeline Capital Advisors Private Limited
Trident Lifeline IPO subscription was 1.34 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Trident Lifeline IPO listed at a listing price of 108.15 against the offer price of 101.00.
The current market price of Trident Lifeline is 309.50.
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