TLDR:
- Trust Fintech IPO opens for subscription on March 26 with a price band of ₹95 to ₹101 per share.
- The company aims to raise ₹63.45 crore with a fresh issue of 62,82,000 equity shares.
Trust Fintech’s IPO is set to open on March 26 and close on March 28, with a price band of ₹95 to ₹101 per equity share. The company offers IT services catering to the BFSI sector and aims to raise ₹63.45 crore from the offering. The IPO consists of 1,200 shares per lot, with reserved shares for retail, market makers, HNIs, and QIBs. The net proceeds will be used for business development, sales, marketing, and general corporate expenses. The company is expected to list on NSE SME on April 3.
