Trident Lifeline Ltd - IPO

Trident Lifeline Ltd IPO Details

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

Objective of issue

To meet working capital requirements. Product registration in the international markets. General corporate purposes.

Trident Lifeline Ltd Contact Details

Trident Lifeline Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - compliance@tridentlifeline.com

Website - www.tridentlifeline.com