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Prospectus synopsis
 
Trust Fintech Ltd
Registered Office: Plot # 11/4 IT Park , Gayatri Nagar Parsodi , Nagpur - 440022 , Maharashtra , India.
Phone:+91 99096 47348   Fax:
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-24 28-Mar-24 Rs 101.00-0.00 Rs 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  
Issue Price Rs.101.00  
 
Projects
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
Listing At
Registrar to the Issue
 
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