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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!

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