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Open
26 Mar 2024
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Close
28 Mar 2024
3
Allotment
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Listing
Thu, Apr 4, 2024
Price Band
₹95 to ₹101
Issue Size
62,82,000 shares (agg. up to ₹63 Cr)
Lot Size
1,200 Shares
Listing Date
Thu, Apr 4, 2024
Latest GMP
₹45
Est. Gain
44.55%
✦ AI Insight
GMP Trend
04-04-2024₹45Est. ₹146+44.55%
03-04-2024₹45Est. ₹146+44.55%
02-04-2024₹55Est. ₹156+54.46%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 75.84x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 39.89 | 31.19 | 19.59 | 15.90 |
| Total Income | 18.83 | 22.70 | 18.00 | 24.18 |
| Profit After Tax | 7.28 | 4.02 | 1.34 | 2.20 |
| NET Worth | 34.47 | 27.19 | 15.16 | 13.83 |
| Reserves and Surplus | 29.28 | 22.00 | 9.98 | 8.64 |
| Total Borrowing | -0.34 | -0.04 | 1.19 | -0.44 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Tridhya Tech Ltd. | SME | ₹26.41 Cr | ₹42 | 26.09 | ₹44.10 | +5.00% | ₹7.15 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Setup additional Development facility, instalment of fit outs and interior design works in Nagpur, Maharashtra | 15.19 |
| 2 | Investment in Procuring Hardware and upgrading IT infra | 3.00 |
| 3 | Funding for expenditure related to enhancement and upgrading existing Product | 15.00 |
| 4 | To meet out the Global & Domestic Business Development, Sales and Marketing expenses for the company | 9.03 |
| 5 | General Corporate Expenses * | 13.98 |
About Trust Fintech IPO
Updated on Aug 5, 2026
Contact Details
Trust Fintech Ltd. AddressPlot No.11/4I.T.ParkGayatri Nagar ParsodiNagpur, Maharashtra, 440022+91 - 9909647348cs@softtrust.comVisit Website