Closed
Trust Fintech Limited logo

Trust Fintech Limited IPO

SME IPOListedTRUSTNSE
Current Market Price (CMP)
₹175.35(+73.61%)
Current Price (CMP)
₹175.35(+73.61%)

Live Market Quote

Listing Price & Gain
₹143.25(+41.83%)

Day 1 Exchange Open

IPO Issue Price
₹101

Band: ₹95 - ₹101

Total Subscription
101.01x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
26 Mar 2024
IPO Bidding Closes
28 Mar 2024
Allotment & Refunds
Completed
Exchange Listing Day
04 Apr 2024

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 101.01x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)0x
Non-Institutional Investors (NII / HNI)0x
Retail Individual Investors (RII)0x
Total Subscription101.01x
Updated as on 28-Mar-2024 19:00:00

Listing Day & Return Performance

Listing Day Gain+41.83%
₹101 (Issue) → ₹143.25 (List)
Per share profit: +₹42.25
Holding Return (Till Date)+73.61%
₹101 (Issue) → ₹175.35 (CMP)
Net gain per share: +₹74.35
Post-Listing Performance (Listing Day → Today):+22.41%

About Trust Fintech Limited IPO

Trust Fintech Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 26 Mar 2024 and concluded on 28 Mar 2024, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹95 - ₹101.

During the bidding window, Trust Fintech Limited witnessed heavy demand with an overall subscription of 101.01 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of Trust Fintech Limited officially debuted on the stock exchanges on 04 Apr 2024 at an opening listing price of ₹143.25, delivering a listing day return of +41.83% (premium) over the final issue price. As per the latest market data, the stock trades at ₹175.35, representing an overall gain of +73.61% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Trust Fintech Limited IPO?
The issue price of Trust Fintech Limited IPO was fixed at ₹101 per equity share. The indicative bidding price band was ₹95 - ₹101.
What were the open, close, and listing dates for Trust Fintech Limited IPO?
Trust Fintech Limited IPO opened on 26 Mar 2024, closed on 28 Mar 2024, listed on 04 Apr 2024.
How much was Trust Fintech Limited IPO subscribed?
The IPO received an overall subscription of 101.01 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Trust Fintech Limited IPO?
Trust Fintech Limited IPO listed on the stock exchange at ₹143.25, delivering a listing gain of 41.83% compared to the IPO issue price of ₹101.
Is Trust Fintech Limited IPO a Mainboard or SME IPO?
Trust Fintech Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Trust Fintech Limited IPO since its IPO?
At the latest market quote of ₹175.35, Trust Fintech Limited IPO has generated an all-time return of +73.61% since its initial public offering.

Related SME IPOs (2024)