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Trust Fintech IPO

Listed Listed stocks

Trust Fintech IPO Details

  • Bidding Date

    26-Mar-2024 to
    28-Mar-2024

  • Issue Size

    ₹63.45 Cr

  • Price Band

    ₹95 to ₹101

  • Allotment date

    02-Apr-2024

  • Listing date

    04-Apr-2024

  • Lot size

    1200

  • No. of shares

    62,82,000

  • Fresh issue/OFS

    ₹63.45 Cr /--

About Trust Fintech Company

Trust Fintech Limited, headquartered in Nagpur, is a SaaS product-focused company specializing in core banking software, IT solutions, ERP implementation, and customized software solutions development for the BFSI sector. The company has invested in developing over 10 banking-related products catering to commercial and cooperative banks, financial institutions, and other entities in the BFSI sector. These products include core banking software, loan origination software, GST compliance software, financial accounting and billing software, SAP B1 services, and various add-on modules for statutory report generation, ATM reconciliation, anti-money laundering, agency banking, and mobile banking.Trust Fintech is primarily involved in the implementation and deployment of its core banking software, TrustBankCBS, and MicroFinS.

Subscription Status

  • Category

    Status

  • QIBs

    --

  • NIIs

    --

  • Retail

    --

  • Others

    --

  • Total

    72.3x

Trust Fintech Financials

ipo banner

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FAQs for Trust Fintech IPO.

The issue size of Trust Fintech is ₹63.45 Cr.

Trust Fintech falls into Software & IT Services industry.

The Trust Fintech IPO will be listed on BSE.

The open and close dates for the Trust Fintech are 26-Mar-2024 & 28-Mar-2024.

The price band for the Trust Fintech ipo is ₹95 to ₹101

The listing date of Trust Fintech IPO is 04-Apr-2024.

The purpose of this IPO is to raise fresh capital.

Trust Fintech total subscription ratio is 72.3X.

Key financial of the Trust Fintech are:


Trust Fintech FY-23 FY-22 FY-21
Revenue (₹ Cr) 22.54 17.63 23.95
EBIT (₹ Cr) 5.01 1.48 2.74
Proft after Tax (₹ Cr) 4.02 1.34 2.2
Debt (₹ Cr) 0 1.19 -0.44
Net Worth (₹ Cr) 27.19 15.16 13.83
RoE (%) 14.79 8.81 15.89

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