Registered Office:
Plot # 11/4 IT Park,Gayatri Nagar Parsodi,
Nagpur - 440022,
Maharashtra, India.
Phone : +91 99096 47348
Fax : NA
Public issue of 62,82,000 equity shares of face value of (Rs) 10 each ("Equity Shares") of Trust Fintech Limited (the "Company" or the "Issuer") for cash at a price of (Rs) 101 per equity (the "Issue Price") aggregating to (Rs) 63.45 crores ("The Issue") comprising of a fresh issue of 62,82,000 equity shares aggregating to (Rs) 63.45 crores (the "Fresh Issue") of which 3,18,000 equity shares aggregating to (Rs) 63.45 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 59,64,000 equity shares aggregating to (Rs) 60.24 crores (the "Net Issue"). The issue and the net issue will constitute 26.37% and 25.03% respectively of the post issue paid up equity share capital of the company.
Opens On
Closes On
Application
Allotment
26-Mar-24
28-Mar-24
101.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
1200
Further Multiples of :
1200
(Rs.Cr)
Lead Managers to the Issue
Project Cost
56.20
Corporate Capitalventure Pvt Ltd
Project Financed through Current Offer
63.45
Post Issue Equity Share Capital
23.83
To setup additional development facility instalment of fit outs and interior design work in
Investment in procuring hardware and upgrade IT Infra
Funding for expenditure related to enhancement and upgrading existing product
To meet out the Global & Domestic Business Development sales and marketing expenses for the company
General corporate expenses