Trust Fintech Makes Strong Market Debut, Lists At 42% Premium On NSE SME

Trust Fintech Makes Strong Market Debut, Lists At 42% Premium On NSE SME

SUMMARY

The company’s shares were listed at INR 143.25 apiece as against its issue price of INR 101 per share

The company plans to utilise the funds raised from the IPO to establish a new development facility at Mihan SEZ in Nagpur

Last week, Trust Fintech closed its IPO with a subscription of 101X on the back of huge demand from retail investors and non-institutional investors

Shares of fintech SaaS company Trust Fintech made a strong market debut on Thursday (April 4) as the stock was listed with a substantial premium of 42% on NSE SME.

The company’s shares were listed at INR 143.25 apiece as against its issue price of INR 101 per share.

Note: We at Inc42 take our ethics very seriously. More information about it can be found here.

No results were found for "".
  • «
  • 1
  • »
modal lock

Continue Reading With A Free Inc42 Account

Get the most out of your Inc42 experience by creating a free account. Enjoy personalized recommendations, ad-lite browsing, and access to our exclusive newsletters.