Trust Fintech IPO Subscription Status – IPO Closed

Trust Fintech IPO subscription status started on Tuesday March 26, 2024 and will close on March 28, 2024. Trust Fintech IPO to raise around ₹63.45 crores via IPO. The retail quota is 35%, QIB is 50% and NII is 15%. The price band is fixed at ₹95 to ₹101 per equity share.

Trust Fintech IPO

The Trust Fintech IPO minimum market lot is 1200 shares with ₹121,200 application amount. The Trust Fintech IPO is an SME IPO, and it is to be listed on NSE .

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.


IPOWatch View

We recommend investors may apply for an IPO with Longterm-views. Investors should also look at the QIB, NII, and Retail numbers before investing.

Trust Fintech IPO Subscription Status – Day 3

CategoryDay 1Day 2Day 3
QIB0.000.3265.38
NII2.7414.21244.48
RII5.5118.4475.09
Total3.3412.36108.63


Trust Fintech IPO Investor Categories

  • Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
  • Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
  • Retail Individual Investors (RII): Retail Individual Investors or NRIs
  • Employee (EMP): Eligible Employees
  • Others: Eligible Shareholders

Trust Fintech IPO Review

  • May Apply

Trust Fintech IPO Form

How to apply for the Trust Fintech IPO? You can apply for 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 is you can apply for Trust Fintech IPO via IPO forms downloaded online. Check out the Trust Fintech forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Trust Fintech IPO Subscription Status FAQs:


When Trust Fintech IPO Subscription will start?

The IPO subscription starts on March 26, 2024 for NII, QIB and Retail Investors.

How to subscribe Trust Fintech IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Trust Fintech IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the Trust Fintech IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Trust Fintech “. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Trust Fintech IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Trust Fintech “. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Trust Fintech IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Trust Fintech ” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

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