Trust Fintech Limited IPO
Trust Fintech Limited was a SME IPO in the Software Products sector, offered at ₹95–₹101 per share to raise ₹63 crore. It listed on 4 Apr 2024 at ₹143 and closed its first day at ₹150, a listing gain of +48.9% versus the ₹101 issue price. It now trades around ₹24 (-76.7% versus the issue price).
Frequently asked questions
- What were the Trust Fintech Limited IPO listing gains?
- Trust Fintech Limited listed on 4 Apr 2024 at ₹143, closing its first day at ₹150 — a listing gain of +48.9% versus the ₹101 issue price.
- What was the price band and lot size of the Trust Fintech Limited IPO?
- The price band was ₹95–₹101 per share, with a minimum lot of 1,200 shares (₹1,21,200 at the upper band).
- Who were the registrar and lead manager for the Trust Fintech Limited IPO?
- Bigshare Services Private Limited was the registrar, and Corporate Capital Ventures was the book-running lead manager.