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Trust Fintech Limited

Trust Fintech Limited, established in 1998, has emerged as a leading software development company specializing in IT solutions for the Banking, Financial Services, and Insurance (BFSI) sector. Offering a diverse range of products, including Core Banking Software, ERP Implementation, and Customized Software Solutions, the company has built a strong reputation for innovation and reliability. Its flagship product, TrustBankCBS, a web-based Core Banking solution, provides flexible deployment options tailored to the unique needs of financial institutions. With a global presence spanning over 25 countries, including India, Sri Lanka, and Africa, Trust Fintech serves more than 200 BFSI entities, reinforcing its industry leadership. The company's commitment to quality is evident in its ISO 27001:2013 and ISO 9001:2015 certifications. Supported by a team of over 250 professionals across offices in Nagpur, Pune, and Mumbai, Trust Fintech continues to drive digital transformation, equipping financial institutions with cutting-edge software solutions to enhance operational efficiency and customer experience.

₹95 - ₹101108.71x sub
Listed Price143.25
Listing Gain+41.83%
TimelineBook Built Issue IPO
Open26 Mar 2024
Close28 Mar 2024
Allotment02 Apr 2024
Listing04 Apr 2024

Quota Reservation Portions

RetailPortion: 20,88,000 shares
33.24%
Nii (hni) Portion: 8,95,200 shares
14.25%
AnchorPortion: 17,88,000 shares
28.46%
QIBPortion: 11,92,800 shares
18.99%
Market MakerPortion: 3,18,000 shares
5.06%

Minimum Application Bracket Matrix

Retail1 lots / 1,200 shares
₹1,21,200
HNI2 lots / 2,400 shares
₹2,42,400

About the Company

Trust Fintech Limited, established in 1998, has emerged as a leading software development company specializing in IT solutions for the Banking, Financial Services, and Insurance (BFSI) sector. Offering a diverse range of products, including Core Banking Software, ERP Implementation, and Customized Software Solutions, the company has built a strong reputation for innovation and reliability. Its flagship product, TrustBankCBS, a web-based Core Banking solution, provides flexible deployment options tailored to the unique needs of financial institutions. With a global presence spanning over 25 countries, including India, Sri Lanka, and Africa, Trust Fintech serves more than 200 BFSI entities, reinforcing its industry leadership. The company's commitment to quality is evident in its ISO 27001:2013 and ISO 9001:2015 certifications. Supported by a team of over 250 professionals across offices in Nagpur, Pune, and Mumbai, Trust Fintech continues to drive digital transformation, equipping financial institutions with cutting-edge software solutions to enhance operational efficiency and customer experience.

Company Promoters

Mr. Hemant Padmanabh ChafaleMr. Sanjay Padmanabh ChafaleMr. Heramb Ramkrishna DamleMr. Anand Shankar Kane Mr. Mandar Kishor Deo.