Trust Fintech IPO Subscription Details

Bookbuilding IPO | ₹63 Cr | Listed at NSE SME | Tue, Mar 26, 2024 - Thu, Mar 28, 2024

Basis of Allotment - Trust Fintech IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)11,92,80017,88,00029,80,8008,95,20020,88,00059,64,000
Allotment price (Rs.)101101101101101101
No.of applications4685410,1831,28,5511,38,788
No.of shares applied7,70,96,40017,88,0007,88,84,40021,91,56,00015,42,61,20045,23,01,600
Amount collected (Rs.cr.)778.67 18.06 796.73 2,213.48 1,558.04 4,568.25
No.of times subscribed64.631.0026.46244.8173.8875.84
No.of shares allotted11,92,80017,88,00029,80,8008,95,20020,88,00059,64,000
Amount (Rs.cr.)12.05 18.06 30.11 9.04 21.09 60.24
No.of allottees468545721,7402,366

IPO Shares Offered

Trust Fintech IPO is a public issue of 0.60 Cr equity shares. The issue offers 0.21 Cr shares to retail investors, 0.30 Cr shares to qualified institutional buyers, and 0.09 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker3,18,0003.21 5.06%
QIB 29,80,80030.11 47.45%
    Anchor 17,88,000 18.06 28.46%
    QIB (Ex Anchor) 11,92,800 12.05 18.99%
NII* 8,95,2009.04 14.25%
Retail20,88,00021.09 33.24%
Total62,82,00063.45 100%

Trust Fintech IPO Anchor Investor Allocation

A total of 17,87,600 shares at a price of Rs 101 per share will be allotted to the anchor investors.

Anchor investors bid opening dateMar 22, 2024
Anchor investor price₹101.00
Anchor investors as % of QIBs59.98%
No. of shares locked-in for 30 days8,94,000
No. of shares locked-in for 90 days8,94,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 FINAVENUE GROWTH FUND FINAVENUE 1,47,600 1.49 8.26 2.35
2 PERSISTENT GROWTH FUND PERSISTENT 4,46,000 4.50 24.95 7.10
3 VIKASA CAPITAL INC. VIKASA 3,00,000 3.03 16.78 4.78
4 ACINTYO INVESTMENT FUND PCC-CELL 1 ACINTYO 1,99,200 2.01 11.14 3.17
5 ASTRONE CAPITAL VCC ASTRONE CAPITAL 1,99,200 2.01 11.14 3.17
6 CRAFT EMERGING MARKET FUND PCC-CITADEL CAPITAL FUND CRAFT EMERGING MARKET FUND PCC 1,98,000 2.00 11.08 3.15
7 CRAFT EMERGING MARKET FUND PCC-CITADEL CAPITAL FUND CRAFT EMERGING MARKET FUND PCC 1,53,600 1.55 8.59 2.45
8 CHANAKYA OPPORTUNITIES FUND CHANAKYA 1,44,000 1.45 8.06 2.29
17,87,60018.0510028.46

IPO Subscription FAQs

The Trust Fintech IPO is subscribed 108.63 times by Mar 28, 2024 19:30.

Trust Fintech IPO Subscription

Investor Category Subscription (times)
Qualified Institutional65.38
Non Institutional244.48
Retail Individual75.1
Total Subscription108.63

Retail category of Trust Fintech IPO subscribed 75.1 times as of date Mar 28, 2024 19:30. The public issue closes on Thu, Mar 28, 2024 for bidding.

An investor can apply in Trust Fintech IPO online via bank (using ASBA) or the broker (using UPI). The Trust Fintech IPO shares are offered online only.

The Trust Fintech IPO is subscribed 108.63 times by Mar 28, 2024 19:30.

The Trust Fintech IPO allotment status is expected on or around Tuesday, April 2, 2024. Visit Trust Fintech IPO allotment status to check.

The Trust Fintech IPO listing date is April 4, 2024. The equity share of Trust Fintech IPO will list on NSE SME.

Visit Trust Fintech IPO subscription status page for real-time bidding information about Trust Fintech IPO.

Trust Fintech IPO Timetable

IPO opens OnTuesday, March 26, 2024
IPO Closes OnThursday, March 28, 2024
Finalisation of Basis of AllotmentTuesday, April 2, 2024
Initiation of RefundsWednesday, April 3, 2024
Credit of Shares to Demat AccountWednesday, April 3, 2024
IPO Listing DateThursday, April 4, 2024
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