| Trust Fintech Ltd |
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| Registered Office: Plot # 11/4 IT Park,Gayatri Nagar Parsodi,Nagpur-440022, Maharashtra |
| Tel. No: +91 99096 47348 |
| Fax No: |
| Email: cs@softtrust.com |
| Website: www.softtrust.com |
| 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. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 26-Mar-2024 | 28-Mar-2024 | ₹101.00 - 0.00 | ₹0.00 - 0.00 |
| Minimum Application for shares in Nos : 1200 | Further Multiples of :1200 |
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| (₹ 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 | |
| Issue Price | 101.00 |
| Projects |
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| 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 |
| Promoted By |
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| Hemant Padmanabh Chafale |
| Sanjay Padmanabh Chafale |
| Heramb Ramkrishna Damle |
| Listing At |
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| NSE - SME |
| Registrar To The Issue |
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