Trident Lifeline IPO subscription status started on Monday, September 26, 2022 and will close on September 29, 2022. Trident Lifeline IPO to raise around ₹35.34 crores via IPO. The retail quota is 50%, and HNI is 50%. The price band is fixed at ₹101 per equity share. The IPO to list on BSE.
Trident Lifeline Limited (TLL) is a pharmaceutical company engaged in the manufacturing and marketing of quality finished dosages (pharmaceutical products). They are doing marketing of these products in domestic and international markets. Their customers spans across the globe. From GCC (Gulf Cooperation Council), MENA (Middle East and North Africa), Latin American and ASEAN countries. They also serves the emerging economies countries such as the Brazil, India and China.
IPOWatch View:
We recommend investors may apply an IPO with caution (Avoid / Risky). Investors should also look at the Retail and HNI numbers before investing. You can check the Trident Lifeline IPO allotment status here.
Trident Lifeline IPO Subscription Status
Last Updated on Day 4 at 5:00
| Category | Day 2 | Day 3 | Day 4 |
| NII | 0.43 | 0.63 | 1.69 |
| RII | 0.33 | 0.52 | 0.98 |
| Total | 0.38 | 0.58 | 1.84 |
Trident Lifeline IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Trident Lifeline IPO Review
- Avoid
Trident Lifeline IPO Date & Price Band
| Trident Lifeline IPO Open: | September 26, 2022 |
| Trident Lifeline IPO Close: | September 29, 2022 |
| Trident Lifeline IPO Size: | Approx ₹35.34 Crores, 3,499,200 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| Trident Lifeline IPO Price Band: | ₹101 Per Equity Share |
| Trident Lifeline IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Trident Lifeline IPO Market Lot
| Minimum IPO Lot Size: | Minimum 1200 shares for 1 lot |
| Minimum Amount: | ₹121,200 for 1 lot |
Trident Lifeline IPO Subscription Dates
| Trident Lifeline IPO Open Date: | September 26, 2022 |
| Trident Lifeline IPO Close Date: | September 29, 2022 |
| Basis of Allotment: | October 4, 2022 |
| Refunds: | October 6, 2022 |
| Credit to Demat Account: | October 7, 2022 |
| Trident Lifeline IPO Listing Date: | October 10, 2022 |
Trident Lifeline IPO Form
How to apply Trident Lifeline IPO? You can apply Trident Lifeline IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Trident Lifeline IPO in the Invest section. The other option you can apply Trident Lifeline IPO via IPO forms download via the BSE website. Check out the Trident Lifeline forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
