Trust Fintech IPO Date, Review, Price, Allotment Details

Trust Fintech Limited is a Nagpur-based SaaS Product focused company that has carved a niche in providing Core Banking Software, IT Solutions, ERP Implementation and Customized Software Solutions Development, SAP B1, and Offshore IT services for the BFSI sector. TFL was founded by Mr. Hemant Chafale, Mr. Heramb Ramkrishna, and Mr. Mandar Kishor Deo with a focus on delivering secured core banking solutions & world-class technology solutions to a virtually integrated banking and financial eco-system. The company has evolved in the last 25 years and adapted to the technological and market shifts to reach the current business model and product version. Trust Fintech is consistently expanding its business footprints in India and Globally by adapting to ever-changing regulatory compliances for the global BFSI sector.

They have invested in developing more than 10+ (10) banking-related products for Commercial and Cooperative Banks and Financial Institutions, which comprise Core Banking Software, Loan Origination software, GST compliance software, Financial Accounting & Billing Software, GST Suvidha provider, SAP B1 Services (for Implementation, Support and Add-on Development), Various add-on modules for Statutory Report Generation, ATM Reconciliation, Anti-Money Laundering, Agency Banking, Mobile Banking leveraging end to end solutions to address the evolving needs of banking Solutions.

Since they provide banking solutions, therefore all the product solutions are built by keeping in mind the RBI compliance requirements, which the banks have to follow also the product is designed in configurable architecture, which gives the flexibility to incorporate the changes that may be required to be complied by the banks, under the change in the policy and compliances as notified by the RBI. Also, their Core Banking Product (TrustBankCBS) is flexible enough to be customized for the Central Bank requirements, by customizing this software, they have served this software in India Srilanka, Nepal, California, Gambia, Tanzania, Ghana, Liberia, Nigeria, Zimbabwe, and few more countries.

Objects of the Issue:

• To set up additional Development facilities, installment of fit-outs, and interior design works in Nagpur, Maharashtra.
• Investment in procuring hardware and upgrading IT infra;
• Funding of expenditure related to enhancement, maintenance, and upgrading existing Products;
• To meet the Global & Domestic Business Development, Sales, and Marketing expenses for the company; and
• General Corporate Expenses

Trust Fintech IPO Review

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Trust Fintech IPO Date & Price Band Details

Trust Fintech IPO Market Lot

The Trust Fintech IPO minimum market lot is 1200 shares with a ₹121,200 application amount.

Trust Fintech IPO Dates

The Trust Fintech IPO date is March 26 and the IPO close date is March 28 The IPO allotment date is April 1 and the IPO might list on April 3.

You can check IPO subscription status and IPO allotment status on their respective pages.

Trust Fintech IPO Form

How to apply Trust Fintech IPO? You can apply Trust Fintech IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Trust Fintech IPO in the Invest section. The other option you can apply Trust Fintech IPO via IPO forms download via the NSE website. Check out the Trust Fintech forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.

Trust Fintech Company Financial Report

Trust Fintech IPO Valuation – FY2023

Check Trust Fintech IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• Network People Services Technologies Limited
• Veefin Solutions Limited

Company Promoters

• Mr. Hemant Padmanabh Chafale
• Mr. Sanjay Padmanabh Chafale
• Mr. Heramb Ramkrishna Damle
• Mr. Anand Shankar Kane
• Mr. Mandar Kishor Deo

Trust Fintech IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Trust Fintech IPO Allotment Status

Check Trust Fintech IPO allotment status on Bigshare website URL. Click Here

Trust Fintech IPO Lead Managers aka Merchant Bankers

• Corporate Capitalventures Pvt Ltd 

Company Address

Trust Fintech Limited
Plot No. 11/4, I.T. Park,
k, Gayatri Nagar Parsodi,
Nagpur- 440022
Phone: +91 – 9909647348
Email: [email protected]
Website: https://www.softtrust.com/

Trust Fintech IPO FAQs