Open Date

26 Mar 24

28 Mar 24

Listing Date

Close Date

Allotment Date

04 Apr 24

Trust Fintech IPO Date

02 Apr 24

Lot Size 

1200 shares

IPO Size

₹63.45 Cr.

Price Range

 ₹ 95 to ₹ 101

Min. Investment

₹ 114,000

Trust Fintech IPO Details

1. The company is a one-stop-shop solution provider in secure Core Banking Solutions, ERP Implementation and Customized Software Solutions Development. 2. It has strong and long-standing customer relationships. 3. The company holds significant Government Empanelments.

Strengths

1. The company revenues are dependent on majorly two states. 2. A major portion of revenue is dependent on its Core Banking software i.e. TrustBankCBS. 3. It is subject to legal and regulatory requirements. 4. Software Product development is a long, expensive and uncertain process.

Risk

How to apply for Trust Fintech IPO

To apply for Trust Fintech IPO, follow the steps given below    • Login to your 5paisa account and select the issue in the current IPO section        • Enter the number of lots and the price at which you wish to apply for the Trust Fintech IPO.        • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.     You will receive a mandate notification to block funds in your UPI app.

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