Trust Fintech IPO Allotment Status, Subscription and IPO Details

Trust Fintech IPO allotment set for April 1, open March 26-28, priced at ₹95-₹101 per share with a face value of ₹10, bidding in 1200-share lots.
Trust Fintech IPO Allotment Status, Subscription and IPO Details

Trust Fintech IPO Allotment Status 

Trust Fintech IPO allotment is scheduled for April 1, available from March 26 to 28, prices shares between ₹95 to ₹101, each with a ₹10 face value. Investors can bid in lots of 1200 shares.

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Trust Fintech IPO Allotment Status Check 

To ascertain their allocation status for the Trust Fintech IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar Bigshare services’s website.

IPO Allotment Status NSE 

Here are steps to check Trust Fintech IPO allotment status on BSE website

Step 1: Visit BSE website 

Step 2: Select ‘Equity’ under the Issue Type

Step 3: Choose Trust Fintech Limited from the drop-down menu

Step 4: Enter Application No or PAN

Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”

Steps to check Trust Fintech IPO allotment status on Bigshare services’s website

Step 1: Visit IPO registrar website – Bigshare services

Step 2: Select ‘Trust Fintech’ from the Select Company dropdown menu

Step 3: Choose from PAN, Application No, DP/Client ID or Account No/IFSC

Step 4: Enter the details as per the option selected

Step 5: Hit the Submit button

Your Trust Fintech IPO allotment status will be reflected on the screen.

Trust Fintech IPO GMP Today

The Trust Fintech IPO GMP (Grey Market Premium) is ₹45 as of 28th March.

Trust Fintech IPO Subscription Status

On the second day of bidding, Trust Fintech IPO saw 11.43 times oversubscription, with 5,13,55,200 share applications received against 41,76,000 shares offered. Retail investors dominated, oversubscribing their portion by 18.44 times. NIIs subscribed 14.21 times, while QIBs didn’t fully subscribe.

Trust Fintech IPO Details

Trust Fintech’s SME IPO entails issuing 62,82,000 new equity shares at ₹10 face value, aiming to raise approximately ₹63.45 crore. Priced between ₹95 to ₹101 per share, the lot size is 1,200 shares, with bids accepted for a minimum of 1,200 shares, and in multiples thereof.

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