Trust Fintech Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

26 Mar 2024

Close Date

28 Mar 2024

Allotment

03 Apr 2024

Listing Date

05 Apr 2024

Exchange

NSE SME

Price Band

₹101

Listing Price

See chart

Allotment Status

Check registrar

Price Band

₹101

Per share

Face Value

₹10 per share

Lot Size

1,200 Shares

per lot

Issue Size

TBA

Total offering

Issue Type

Book Built Issue

Min Investment

₹121,200

1 lot

UPI Deadline

5:00 PM on 28 Mar 2024

Mandate

Anchor AllotmentMon, 25 Mar 2024

Basis of AllotmentWed, 03 Apr 2024

Refund InitiationThu, 04 Apr 2024

Demat CreditThu, 04 Apr 2024

Listing DayFri, 05 Apr 2024

UPI Mandate Deadline5:00 PM on 28 Mar 2024

Sale TypeFresh Issue

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Subscription Rate Final

Trust Fintech Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 28 Mar 2024.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	—	100%	—

Lot Size & Investment

Lot Size

1,200

Shares per Lot

Issue Price

₹101.00

Upper Band

Min Investment

₹121,200

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	2,400	₹242,400
Retail (Max — 13 Lots)	13	15,600	₹1,575,600
S-HNI (Min — 14 Lots)	14	16,800	₹1,696,800
B-HNI (Min — 68 Lots)	68	81,600	₹8,241,600

* Issue Price ₹101 × Lot Size 1,200 shares

IPO Schedule

Anchor

25 Mar 2024

✓ Done

IPO Open

26 Mar 2024

✓ Done

IPO Close

28 Mar 2024

✓ Done

Allotment

03 Apr 2024

✓ Done

Refunds

04 Apr 2024

✓ Done

Demat Credit

04 Apr 2024

✓ Done

Listing Day

05 Apr 2024

✓ Done

₹101.00

INR · NSE

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Issue ₹101.00 Live Price

About Trust Fintech Ltd

Trust Fintech Ltd is proposing an IPO on NSE SME under the SME category.

Opens 26 Mar 2024, closes 28 Mar 2024. Listing: 05 Apr 2024. Apply via ASBA or UPI.

Trust Fintech Ltd Financials (Amount in Rs Cr)

Revenue from Operations

N/A

FY 2022-23

N/A

FY 2023-24

N/A

FY 2024-25

Profit After Tax (PAT)

N/A

FY 2022-23

N/A

FY 2023-24

N/A

FY 2024-25

Particulars	FY 2024-25	FY 2023-24	FY 2022-23
Revenue from Operations	N/A	N/A	N/A
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	N/A	N/A	N/A
Net Worth	N/A	N/A	N/A
Total Assets	N/A	N/A	N/A
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Financial data will be published once DRHP/RHP is filed with SEBI.

Issue Structure & Shareholding

Total Shares OfferedN/A

Net Offer to PublicN/A

Reserved for Market MakerN/A

Pre-Issue Promoter HoldingN/A

Post-Issue Promoter HoldingN/A

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

Will be available once DRHP is filed.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Trust Fintech Ltd IPO subscribed? ▲

Trust Fintech Ltd IPO is subscribed 1.00 times by Mar 28, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Trust Fintech Ltd IPO retail subscription status? ▼

The Trust Fintech Ltd IPO retail category is subscribed 1.00 times as of 28 Mar 2024. The retail portion is oversubscribed.

How to subscribe Trust Fintech Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 26 Mar 2024 and closes 28 Mar 2024. Min investment: ₹121,200 (1 lot = 1,200 shares). UPI mandate: 5:00 PM on 28 Mar 2024.

How many times Trust Fintech Ltd IPO subscribed? ▼

The Trust Fintech Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Trust Fintech Ltd IPO allotment? ▼

Check allotment on the registrar website. Enter your PAN, application number or DP/Client ID. Allotment date: 03 Apr 2024. Refunds: on 04 Apr 2024.

When Trust Fintech Ltd IPO will be listed? ▼

The Trust Fintech Ltd IPO listing date is 05 Apr 2024, Friday. Listed on: NSE SME. Issue price: ₹101. Estimated listing: ₹101. GMP: NIL.

When Trust Fintech Ltd IPO close? ▼

The Trust Fintech Ltd IPO closes on 28 Mar 2024, Thursday. UPI mandate: 5:00 PM on 28 Mar 2024. Allotment: 03 Apr 2024. Listing: 05 Apr 2024.

Quick Actions

Live Price LIVE

Last Price₹101.00

Change—

Issue Price₹101.00

vs Issue—

Quick Summary

StatusClosed

Issue Price₹101

Face Value₹10

Lot Size1,200 Sh

Min. Amount₹121,200

GMPNIL

Est. Listing₹101

Subscribed1.00x

Open Date26 Mar 2024

Close Date28 Mar 2024

Allotment03 Apr 2024

Listing Date05 Apr 2024

ExchangeNSE SME

UPI Deadline5:00 PM on 28 Mar 2024