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IPO

IPO Details


Trust Fintech Ltd
Registered Office: Plot # 11/4 IT Park, Gayatri Nagar Parsodi, Nagpur - 440022, Maharashtra
Phone: +91 99096 47348
Email: cs@softtrust.com
Website: www.softtrust.com
Public issue of 62,82,000 equity shares of face value of Rs. 10 each (Equity Shares) of Trust Fintech Limited (the Company or the Issuer) for cash at a price of Rs. 101 per equity (the Issue Price) aggregating to Rs. 63.45 crores (The Issue) comprising of a fresh issue of 62,82,000 equity shares aggregating to Rs. 63.45 crores (the Fresh Issue) of which 3,18,000 equity shares aggregating to Rs. 63.45 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 59,64,000 equity shares aggregating to Rs. 60.24 crores (the Net Issue). The issue and the net issue will constitute 26.37% and 25.03% respectively of the post issue paid up equity share capital of the company.
Issue Money Payable On
Opens On Closes On Application Allotment
26-Mar-2024 28-Mar-2024 ₹ 101.00 ₹ 0.00
Minimum Application for shares in Nos : 1200 Further Multiples of : 1200
(₹)Cr. Lead Managers to the Issue
Project Cost 56.20 Corporate Capitalventure Pvt Ltd
Project Financed through Current Offer 63.45
Post Issue Equity Share Capital 23.83
Issue Price ₹101.00
Projects
To setup additional development facility instalment of fit outs and interior design work in
Investment in procuring hardware and upgrade IT Infra
Funding for expenditure related to enhancement and upgrading existing product
To meet out the Global & Domestic Business Development sales and marketing expenses for the company
General corporate expenses
Promoted By
Hemant Padmanabh Chafale
Sanjay Padmanabh Chafale
Heramb Ramkrishna Damle
Listing At
NSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd

INDIAN INDICES

Sensex

79,486.32 -55.47 (-0.07%)

Nifty

24,148.20 -51.15 (-0.21%)

GLOBAL INDICES

USD

NA

NASDAQ

19,286.78 17.32 (0.09%)

HANG SENG

20728.19 -225.15(-1.07%)