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Trident Lifeline Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Trident Lifeline Ltd IPO

Registered Office: 2nd Floor Shop 2004 North Ext.,Falsawadi Begumpura Nodh4/1650 , Surat - 395003 , Gujarat , India.
Phone : 91-0261-2490224/8160276395   Fax:
Email :  compliance@tridentlifeline.com  
Website :  www.tridentlifeline.com
Initial public issue of 3499200 equity shares of face value of (Rs)10/- each of Trident Lifeline Limited ("TLL" or the "Company" or the "Issuer") for cash at a price of (Rs)101/- per equity share including a share premium of (Rs)91/- per equity share (the "Issue Price") aggregating to (Rs)35.34 crores ("The Issue"), of which 175200 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)101/- per equity share including a share premium of (Rs)91/- per equity share aggregating to (Rs)1.77 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 3324000 equity shares of face value of (Rs)10/- each at a price of (Rs)101/- per equity share including a share premium of (Rs)91/- per equity share aggregating to (Rs)33.57 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 30.43% and 28.91% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is (Rs)10/- and the issue price is (Rs)101/- the issue price is 10.1 times of the face value.i

Issue Money Payable On
Opens On Closes On Application Allotment
26-Sep-22 29-Sep-22 (Rs)101.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :1200

  (Rs Cr) Lead Managers to the Issue
Project Cost 32.34
Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 35.34  
Post Issue Equity Share Capital 11.50  
Issue Price (Rs)101.00  
 
Projects
To meet working capital requirementsGeneral corporate purposes
Product registration in the international markets
Promoted By
Hardik Jigishkumar Desai  
Mayurkumar Mansukhbhai Gajera  
Rupaben C Jariwala  
Listing At
BSE - SME 
Registrar to the Issue
MUFG Intime India Pvt Ltd