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Trust Fintech IPO Draws 11.43x Interest on Day 2

Trust Fintech Limited's IPO saw an 11.43x subscription on Day 2, highlighting significant market confidence in its financial future and potential in the fintech industry.
Trust Fintech IPO Draws 11.43x Interest on Day 2
Trust Fintech IPO Draws 11.43x Interest on Day 2

On its second day, Trust Fintech Limited  witnessed substantial investor interest, reaching an 11.43 times subscription. This impressive response underlines the market’s strong faith in the company’s financial prospects and its potential impact in the fintech sector.

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Trust Fintech Limited IPO subscription Status

On its first day, Trust Fintech Limited’s IPO drew considerable interest, recording a subscription rate of 3.02 times.

How To Check Trust Fintech Ltd IPO Subscription Status? 

Steps to check the IPO allotment status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the Trust Fintech Limited IPO to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Trust Fintech Limited IPO Allotment Status

The Trust Fintech Limited IPO is scheduled for allotment on April 4, 2024, with shares priced in the range of ₹95 to ₹101 each and a face value of ₹10. The offering includes lots of 1,200 shares, with bids accepted for these lots or their multiples.

Trust Fintech Limited IPO Listing Date

The expected listing date for Trust Fintech Limited on the NSE SME is April 4, 2024.

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