Issue Open Date
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26-Mar-24
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Issue Closing Date
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28-Mar-24
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Application Money
|
100
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Allotment Money
|
|
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Price Band (Rs.)
|
95-101
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Minimum Bid Quantity.
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1200
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Issue Size (Shares)
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6282000
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Market Lot
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1
|
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Objective :
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1) To Setup additional Development facility, instalment of fit outs and interior design works in Nagpur, Maharashtra.2) Investment in procuring hardware and upgrading IT infra;3) Funding of expenditure related to enhancement, maintenance and upgrading existing Product;4) To meet out the Global & Domestic Business Development, Sales and Marketing expenses for the company; and5) General Corporate Expenses
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Category
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No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved
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Bid For
|
|
Non-Institutional Investors
|
|
219175200
|
|
Qualified Institutional Buyers
|
|
77982000
|
|
Retail Individual Investors
|
|
77982000
|
|
|
|
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Business Description
Trust Fintech Limited is a Nagpur based SaaS Product focused company which 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 secto
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|
Promoter's Holding
|
Total Share Capital
|
16404717
|
Offered to Public
|
6282000
|
Promoter's Holding (Pre-Issue)
|
93.51
|
Promoter's Holding (Post-Issue)
|
68.85
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More..
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Address
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Plot No.11/4 I. T. Park Gayatri Nagar Parsodi
Nagpur
,
Maharashtra
,
440022
Phone :
9909647348
Email :
cs@softtrust.com
Website :
www.softtrust.com
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Registrar
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Bigshare Services Pvt Ltd
Office No S6-2 6th Floor Pinnacle Business Park Next to Ahura Centre Mahakali Caves Road Andheri (E) Mumbai
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Listed at
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NSE
|
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Lead Manager
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Corporate Capital Ventures Pvt Ltd.
|
|
Promoters
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Anand Shankar Kane Hemant Padmanabh Chafale Heramb Ramkrishna Damle Mandar Kishor Deo Sanjay Padmanabh Chafale
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