Trust Fintech Limited

About the company

## **About  Trust Fintech Limited** Trust Fintech Limited, founded in 1998 and headquartered in Nagpur, specializes in providing SaaS products and IT solutions tailored to the banking, financial services, and insurance (BFSI) sector. Over its 25-year journey, the company has adapted to technological advancements and market shifts, culminating in its current business model and product offerings. Key offerings from Trust Fintech include: Core Banking Software: TrustBankCBS, the flagship product, offers a comprehensive suite of modules designed to streamline banking operations. It facilitates various functions such as customer onboarding, KYC compliance, loan management, digital banking interfaces, and treasury management. IT Solutions: The company provides a range of IT solutions including ERP implementation, customized software development, and offshore IT services tailored to the BFSI sector. Banking Products: Trust Fintech has developed over 10 banking-related products catering to commercial and cooperative banks as well as financial institutions. These products cover areas such as loan origination, GST compliance, financial accounting, billing, ATM reconciliation, anti-money laundering, agency banking, and mobile banking. SAP B1 Services: Trust Fintech offers services related to SAP Business One, including implementation, support, and add-on development, to enhance operational efficiency and business processes. Global Expansion: Trust Fintech is expanding its business footprint both in India and globally, catering to diverse markets including Sri Lanka, Nepal, California, Gambia, Tanzania, Ghana, Liberia, Nigeria, Zimbabwe, among others. Regulatory Compliance: All products and solutions offered by Trust Fintech are designed with compliance in mind, particularly adhering to RBI regulations. The company ensures that its solutions are flexible and configurable to accommodate changes in policies and regulatory requirements. Customization and Flexibility: Trust Fintech's core banking software, TrustBankCBS, is highly customizable to meet the specific needs of banks and financial institutions. It can be tailored to comply with central bank requirements and is designed with a configurable architecture to incorporate changes seamlessly. Overall, Trust Fintech Limited stands out for its commitment to innovation, regulatory compliance, and customer-centric approach in delivering cutting-edge solutions to the BFSI sector. Trust Fintech Limited invites investors to join us on our journey towards retail excellence and sustainability. With a proven track record of success, a diverse portfolio of offerings, and a steadfast commitment to innovation, we are well-positioned for continued growth and prosperity. Together, let us shape the future of retail and create lasting value for generations to come. 1. To Setup additional Development facility, instalment of fit outs and interior design works in Nagpur, Maharashtra. 1. Investment in procuring hardware and upgrading IT infra; 1. Funding of expenditure related to enhancement, maintenance and upgrading existing Product; 1. To meet the Global & Domestic Business Development, Sales and Marketing expenses for the company; and 1. General Corporate Expenses Here are key details about the Trust Fintech Limited IPO: Company Name| **Trust Fintech Limited**|  | Trust Fintech Limited IPO Opening Date| **March 26, 2024** ---|---|---|---|--- Company Established On|**1998**Trust Fintech Limited IPO Price band|**₹95 to ₹101 per share**

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   26 Mar 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   28 Mar 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   28 Mar 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   03 Apr 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   02 Apr 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   04 Apr 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.