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Trust Fintech Limited IPO Subscription Status

📅Offer Date: 26 Mar 2024 – 28 Mar 2024

Minimum investment
₹9,89898 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total1.24x
QIB1.63x
NII0.55x
Retail1.11x

Trust Fintech Limited IPO was subscribed 1.24x in total when bidding closed on 28 Mar 2024, with 1.63x in the QIB category, 0.55x in NII, 1.11x in retail. The issue ran from 26 Mar 2024 to 28 Mar 2024 at a price band of ₹95.00–₹101.00 per share.

QIB1.63xNII0.55xRetail1.11xTotal1.24x1×

Times subscribed by category against the 1× line.

2
≈ 1 in 2 retail allotment
moderate allotment chance

Based on retail subscription (1.11x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs1,74,21,1192,83,96,4241.63x
NIIs87,10,56047,90,8080.55x
SNIIs (<10L)29,03,52016,25,9710.56x
BNIIs (>10L)58,07,04031,35,8020.54x
Retail58,07,04064,45,8141.11x
Total3,19,38,7193,96,04,0121.24x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs175.95286.801.63x
NIIs87.9848.390.55x
Retail58.6565.101.11x
Total322.58400.291.24x

Values derived from share count × issue price (₹101.00)

What this means for allotment & listing

Because Trust Fintech Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Trust Fintech Limited IPO subscription FAQs