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As on : May 25,2025 09:04 AM
Trust Fintech Ltd
Registered Office: Plot # 11/4 IT Park,Gayatri Nagar Parsodi, Nagpur - 440022, Maharashtra, India.
Phone : +91 99096 47348   Fax:
Email :    
Website :  
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-24 28-Mar-24 (Rs) 101.00 (Rs) 0.00
Minimum Application for shares in Nos : 1200   Further Multiples of : 1200
  Lead Managers to the Issue
Project Cost (Rs.Cr) 56.20 Corporate Capitalventure Pvt Ltd
Project Financed through Current Offer (Rs.Cr) 63.45  
Post Issue Equity Share Capital (Rs.Cr) 23.83  
Issue Price (Rs) 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
No Data Available