Skip to main content

Unlock All Investment Avenues with 5paisa!

Looking to diversify your investment portfolio? Look no further than 5paisa, your one-stop destination for unlocking a plethora of investment avenues. Sign up today using referral code RUBI114 or simply click [here](https://5paisa.page.link/1AV8Cap2rDk28bdn7) to open your FREE account now!
Trust Fintech Limited IPO (Trust Fintech IPO) Detail

Are you ready for the next big investment opportunity? Trust Fintech Limited IPO is here to revolutionize the market! Mark your calendars from March 26, 2024, to March 28, 2024, to be part of this groundbreaking event. Here's all you need to know:

- IPO Details: Trust Fintech IPO is a book built issue of Rs 63.45 crores, offering fresh shares of 62.82 lakh.

- Subscription Period: March 26, 2024, to March 28, 2024.

- Allotment Date: Expected on Monday, April 1, 2024.

- Listing Date: Tentatively set for Wednesday, April 3, 2024, on NSE SME.

- Price Band: ₹95 to ₹101 per share.

- Lot Size: 1200 Shares, with a minimum investment of ₹121,200 for retail investors.

Excited already? But wait, there's more!

Why Trust Fintech Limited?

Trust Fintech Limited is not just another IPO; it's a gateway to a promising future. Here's why you should consider investing:

- Innovative Solutions: Incorporated in 1998, Trust Fintech Limited specializes in providing cutting-edge software solutions for the BFSI sector, including Core Banking Software, ERP Implementation, and more.

- Global Presence: With operations in over 25 countries and a customer base of 200+ BFSI institutions, Trust Fintech Limited has established a strong global footprint.

- Financial Performance: Restated standalone financial information showcases impressive growth, with a 26.12% increase in revenue and a staggering 200.92% rise in profit after tax between March 2022 and March 2023.

- Key Performance Indicators: With a ROE of 23.61% and ROCE of 28.54%, Trust Fintech Limited stands out as a financially robust investment option.
Objectives of the Issue

Wondering where your investment will be utilized? Here are the objectives of the Trust Fintech IPO:

- Setting up additional development facilities in Nagpur, Maharashtra.
- Investment in procuring hardware and upgrading IT infrastructure.
- Funding for enhancing, maintaining, and upgrading existing products.
- Global & Domestic business development, sales, and marketing expenses.
- General corporate expenses.

Don't Miss Out!

The Trust Fintech IPO is not just an investment opportunity; it's a chance to be part of something extraordinary. Mark your calendars, seize the opportunity, and embark on a journey towards financial prosperity with Trust Fintech Limited. Sign up with 5paisa today and unlock a world of investment possibilities!

Labels:

Comments

Post a Comment

Popular posts from this blog

Exciting IPO and Listing Activities Set to Kick Off FY25: Bharti Hexacom Leads the Charge

Get ready for a dynamic start to FY25 as Bharti Hexacom spearheads the IPO wave, alongside a lineup of 10 companies gearing up for listings. Stay informed about the latest market movements and investment opportunities. As the financial year FY25 unfolds on April 1, brace yourselves for a captivating week marked by significant IPO and listing activities. Leading the charge is Bharti Hexacom, the fixed-line telephone and broadband services provider, set to embark on its Rs 4,275-crore IPO journey on April 3. With a price band ranging from Rs 542 to Rs 570 per share, this offering comprises an exclusive offer-for-sale of 7.5 crore equity shares by public shareholder Telecommunications Consultants India. A subsidiary of Bharti Airtel, Bharti Hexacom holds immense promise in the market, with Airtel retaining a commanding 70 percent stake, while Telecommunications Consultants India owns the remaining 30 percent. Investors keen on participating in this groundbreaking opportunity m...
Post a Comment
Read more

Chatha Foods IPO: Your Gateway to Profitable Investments

Are you ready to explore a world of investment opportunities?  Introducing the Chatha Foods IPO, a promising venture poised to redefine the landscape of frozen food processing. With a book-built issue of Rs 34.00 crores, comprising entirely of fresh issues of 59.62 lakh shares, this IPO presents a golden opportunity for savvy investors. The bidding for the Chatha Foods IPO commenced on March 19, 2024, and concluded on March 21, 2024. Following a meticulous allotment process, the shares debuted on the BSE SME platform on March 27, 2024. Priced competitively at ₹53 to ₹56 per share, with a minimum lot size of 2000 shares, the Chatha Foods IPO offers an entry point tailored to investors' preferences. Retail investors can seize this opportunity with a minimum investment of ₹112,000, while HNIs can explore options starting from 2 lots (4,000 shares) amounting to ₹224,000. Behind the Scenes: Key Players and Reservation Details Indorient Financial Services Ltd spearheads the I...
Post a Comment
Read more

Unlocking Investment Opportunities: Omfurn India FPO

Looking for a lucrative investment opportunity in the Indian market? Omfurn India FPO presents an exciting prospect for investors seeking growth potential and stability. Let's delve into the details of this promising venture. Omfurn India FPO Overview: Omfurn India FPO, a book-built issue of Rs 27.00 crores, marks a significant milestone in the company's journey. With a fresh issue of 36 lakh shares, the bidding commenced on March 20, 2024, and concluded on March 22, 2024. The allotment was finalized on March 26, 2024, paving the way for listing on NSE SME on March 28, 2024. Price Band and Lot Size: Priced between ₹71 to ₹75 per share, Omfurn India FPO offers a compelling investment proposition. The minimum lot size for an application is 2400 shares, requiring a minimum investment of ₹180,000 for retail investors and ₹360,000 for HNIs. Key Players: Gretex Corporate Services Limited spearheads the FPO as the book running lead manager, with Bigshare Services Pvt Ltd s...
Post a Comment
Read more