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Trident Lifeline Ltd
Registered Office:
2nd Floor Shop 2004 North Ext.,Falsawadi Begumpura Nodh4/1650, Surat - 395003, Gujarat, India.
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
Opens On Closes On
26-Sep-22 29-Sep-22
Money Payable On
Application Allotment
101.00 0.00
Minimum Application for shares in Nos : 1200  Further Multiples of : 1200
()(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 () 101.00  
Projects
To meet working capital requirements
Product registration in the international markets
General corporate purposes
Promoted By
Hardik Jigishkumar Desai
Mayurkumar Mansukhbhai Gajera
Rupaben C Jariwala
Listing At
BSE - SME
Registrar to the Issue