Basis Of Allotment

Basis of Allotment

THIS IS A PUBLIC ANNOUNCEMENT FOR INFORMATION PURPOSES ONLY AND IS NOT A PROSPECTUS ANNOUNCEMENT. THIS DOES NOT CONSTITUTE AN INVITATION OR OFFER TO ACQUIRE, PURCHASE OR SUBSCRIBE TO SECURITIES THIS PUBLIC ANNOUNCEMENT IS NOT INTENDED FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY OUTSIDE INDIA.

TRUST FINTECH LIMITED

CORPORATE IDENTIFICATION NUMBER: U72100MH1998PLC117470

Our Company was originally incorporated on December 15,1998 as a Private Limited Company as "Trust Systems and Software {India) Limited" vide Registration No. 117470 under the provisions of the Companies Act, 1956 with the Registrar of Companies. Mumbai. Pursuant to a special resolution passed by the Shareholders at their Extra ordinary‘ General Meeting held on September 16, 2023, our Company was converted from a Private Limited Company to Public Limited Company and consequently, the name of our Company was changed to ‘Trust Systems and Software (India) Limited and a Fresh Certificate of Incorporation consequent to Conversion was issued on September 29,2023 by the Registrar of Companies. Mumbai. Further, pursuant to special resolution passed by the Shareholders at their Extra Ordinary General Meeting held on November 22,2023. our company has changed its name form "Trust Systems and Software (India) Limited" to '' Trust Fin tech Limited'' and afresh certificate of incorporation consequent to name change was issued on December 14.2023 by the Registrar of Companies. Mumbai. The Corporate Identification Number of our Company is U72100MH1998PH. For further details of changed in name and change in Registered Office of our Company, please refer to section titled 'Our History and Certain Other Corporate Matters ‘beginning on page 189 of the Prospectus.

Registered Office: Plot No. 11/4,1.T. Park, Gayatri Nagar Parsodi. Nagpur, Maharashtra. India-440022 Tel: +91 - 9909647348: E-mail: cs@softtrust.com; Website: www.softtrust.com; CIN: U72100MH1998PLC117470

Contact Person: Ms. Deshana Keval Joshi, Company Secretary and Compliance Officer;

OUR PROMOTERS: MR. HEMANT PADMANABH CHAFALE, MR. SANJAY PADMANABH CHAFALE,

MR. HERAMB RAMKRISHNA DAMLE, MR. ANAND SHANKER KANE AND MR. MANDAR KISHOR DEO

Our Company has filed the Prospectus dated March 28, 2024, (the "Prospectus") with the Registrar of Companies, Mumbai, Maharashtra, ("RoC") and the equity shares (as defined hereinafter) are proposed to be listed on the Emerge platform of National Stock Exchange of India Limited ("NSE Emerge") and the listing and trading of the Equity Shares (as defined hereinafter) expected to commence on April 04,2024.

BASIS OF ALLOTMENT

PUBLIC ISSUE OF 62,82.000 EQUITY SHARES OF FACE VALUE OFRs. 10 EACH ("EQUITY SHARES') TRUST FINTECH LIMITED (THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF Rs. 101.00 PER EQUITY (THE "ISSUE PRICE") AGGREGATING TO Rs. 6344,82 LAKH ("THE ISSUE ") OF, WHICH 3,18,000 EQUITY SHARES AGGREGATING TO Rs. 321.18 LAKH WERE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE (THE "MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E. NET ISSUE OF 59,64,000 EQUITY SHRAES AGGREGATING TO Rs. 6.023.64 LAKH (THE "NET ISSUE"). THE ISSUE AND THE NET ISSUE CONSTITUTES 26.37% AND 25.03% RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY.

ISSUE PRICE: RS. 101/- PER EQUITY SHARE OF FACE VALUE OF RS.10 EACH

THE ISSUE PRICE IS 10.1 TIMES OF THE FACE VALUE OF THE EQUITY SHARES.

RISK TO INVESTORS

The Merchant Banker associated with the Issue has handled 12 (Twelve) public issue in the past three years out of which 1 of the Issues closed below the Issue Price on Listing date.
Average cost of acquisition of Equity Shares for the Promoters i.e. Mr. Hemant Padmanabh Chafale is Rs. 0.42/-. Mr. Sanjay Padmanabh Chafale is Rs. 0.31/-, Mr. Heramb Ramkrishna Damle is Rs. 0.31. Mr. Anand Shanker Kane is Rs. 18.57/- and Mr. Mandar Kishor Deo is Rs. 0.31/-, the issue Price is Rs. 101 per Equity Share.
Weighted Average Return on Net worth for Fiscals 2023,2022 and 2021 is 16.06%

BID/ISSUE PROGRAM	BID/ISSUE OPENED ON: TUESDAY, MARCH 26, 2024
	BID/ISSUE CLOSED ON: THURSDAY, MARCH 28, 2024
	ANCHOR INVESRTOR/ BID OFFER PERIOD WAS: FRIDAY, MARCH

The Offer was made in terms of Rule 19(2)(b) of the Securities Contracts (Regulations) Rules 1957, as amended ("SCRR'). read with Regulation 253 of the SEBIICDR Regulations, The Offer was made through the Book Building Process in accordance with Regulation 229(2) of the SEBI ICDR Regulations wherein, not more than 50% of the Net offer was available for allocation on a proportionate basis to Qualified Institutional Buyers ("QIBs") (‘‘the QIB Portion''). Our Company in consultation with BRLMs allocated up to 60% of the QIB Portion to Anchor Investor on a discretionary basis ("Anchor Investor Portion"), out of which one third v/as reserved for domestic Mutual Funds, subject to valid Bids having been received from domestic Mutual Funds at or above the Anchor Investor Allocation Price, in accordance with SEBI ICDR Regulations. Further. 5% of the Net QIB Portion was made available for allocation on a proportionate basis of the Mutual Funds only, and the remainder of the Net QIB Portion was available for allocation on a proportionate basis to all QIB Bidders (other than Anchor Investors), including Mutual Funds, subject to valid Bids having been received at or above the Offer Price. However, the aggregate demand from Mutual Funds was less than 5% of the QIB Portion, the balance Equity shares available for allocation in the Mutual Funds Portion were added to the remaining Net QIB Portion for proportionate allocation to QIBs. Further, not less than 15% of the Net Offer was available for allocation to non-institutional Bidders ("Non - Institutional Portion"), subject to valid bids being received at or above the offer price and not less than 35% of the Net Offer was made available for allocation to Retail Individual Investors ("Rlls") in accordance with SEBI ICDR Regulations, subject to valid bids has been received from them at or above the offer price. All Bidders, other than the Anchor Investors, were mandatorily required to participate in the offer through the application supported by blocked amount ("ASBA") process by providing details of their respective ASBA Accounts (as defined hereinafter) including UPI ID in case of UPI Bidders in which the BID Amount were blocked by the Self Certified Syndicate Banks ("SCSB") or the sponsor Banks, as the case may be. Anchor Investors were not permitted to participate in the Anchor Investor Portion through the ASBA process. For details, see "Issue Procedure' beginning on page 309 of the Prospectus.

The bidding for Anchor Investors Opened and Closed on Friday, March 22,2024. The Company received 8 applications from 8 anchor investors for 19,41,600 equity shares. The Anchor investor price was finalized at Rs. 101 /- per Equity Share. A total of 17.88.000 equity shares allocated under Anchor Investor Portion aggregating to Rs. 1.805.88 Lakh. The Offer (excluding Anchor Investor Portion) received 1.41.121 Applications for 4.54.11.0000 Equity Shares (before technical rejections) resulting in 101.05 times subscription. The details of the Applications received in the Issue from various categories are as under (before technical rejections):

Detail of the Applications Received:

Sr. No.	Category	No. of Applications	No. of Equity Shares applied	Equity Shares Reserved as per Prospectus	No. of times Subscribed
1	Retail Individual Investors	1,30,786	15.69,43,200	20.88.000	75.16
2	Non - Institutional Investors	10.288	21.97,52.400	8,95.200	245.48
3	Market Makers	1	3,18.000	3,18,000	1.00
4	Qualified Institutional Buyers	46	7,70.96,400	11.92,800	64.63
	Total	1,41,121	4.54.11.0000	44.94.000	101.05

Final Demand:

A summary of the final demand as at different Bid price is as under:

Bid Price	No. Of Equity Shares	% of Total	Cumulative Total	Cumulative % to Total
95.00	189600	0.04	189600	0.04
96.00	25200	0.01	214800	0.04
97.00	26400	0.01	241200	0.05
98.00	39600	0.01	280800	006
99.00	136800	0.03	417600	0.08
100.00	153600	0.03	571200	0.11
101.00	403450800	80.93	404022000	81.05
CUTOFF	94474800	18.95	498496800	100.00
Total	498496800	100.00

The Basis of Allotment was finalised in consultation with the Designated Stock Exchange, being National Stock Exchange of India Limited on 02.04.2024.

1) Allotment to Retail Individual Investors (Alter Technical Rejections)

The Basis of Allotment to the Retail Individual Investors, who have Bid at cut-off Issue Price of Rs. 101/- per Equity Share, was finalized in consultation with NSE Emerge. The category has been subscribed to the extent of 73.88 times. The total number of Equity Shares Allotted in this category is 20,88.000 Equity Shares to 1,740 successful applicants. The category-wise details of the Basis of Allotment are as under:

No. of Shares Applied for (Category wise)	No. of Applications Received	% of Total	Total No. of Shares Applied in Each Category	% to Total	No. of Equity Shares Allotted per Applicant	Ratio	Total No. of Shares Allotted
1200	1,28,551	100 00	154261200	100.00	1200	8:591	20,88,000
Total	1,28.551	100.00	154261200	100.00			20.88.000

2) Allotment to Non-lnstitutional Bidders / Investors (After Technical Rejections)

The Basis of Allotment to the Non-institutional Bidders / Investors, who have bid at the Issue Price of Rs. 101/- per Equity Share was finalized in consultation with NSE Limited. The category has been subscribed to the extent of 244.81 times. The total number of Equity Shares Allotted in this category is 8,95,200 Equity Shares to 572 successful applicants. The category-v/ise details of the Basis of Allotment are as under (Sample basis):

No. of Shares applied for (Category wise)	Number of applications received	% to total	Total No. of Shares applied in each category	% to total	Allocation per Applicant		Ration of allottees to applicants		Total No. of shares allocated/allotted
No. of Shares applied for (Category wise)	Number of applications received	% to total	Total No. of Shares applied in each category	% to total	Before Rounding off	After Rounding off	Ration of allottees to applicants		Total No. of shares allocated/allotted
2400	4706	46.22	11294400	5.15	9.8	1200	6	743	45600
3600	691	679	2487600	1.14	14.7	1200	8	691	9600
4800	631	6.20	3028800	1.38	19.61	1200	10	631	12000
6000	475	4.66	2850000	1.30	24.51	1200	2	95	12000
7200	256	2.51	1843200	0.84	29.41	1200	3	128	7200
8400	154	1.51	1293600	0.59	34.31	1200	2	77	4800
9600	340	3.34	3264000	1.49	39.21	1200	11	340	13200
10800	667	6.55	7203600	3.29	44.12	1200	25	667	30000
12000	543	5.33	6516000	2.97	49.02	1200	22	543	26400
13200	121	1.19	1597200	0.73	53.92	1200	5	121	6000
14400	113	1.11	1627200	0.74	58.82	1200	6	113	7200
15600	53	0.52	826800	0.38	63.72	1200	3	53	3600
16800	48	0.47	806400	0.37	68.63	1200	1	16	3600
18000	72	0.71	1296000	0.59	73.53	1200	1	18	4800
19200	66	0.65	1267200	0.58	78.42	1200	2	33	4800
20400	65	0.64	1326000	0.61	83.32	1200	1	13	6000
21600	48	0.47	1036800	0.47	88.23	1200	1	12	4800
22800	33	0.32	752400	0.34	93.12	1200	1	11	3600
24000	106	1.04	2544000	1.16	98 04	1200	9	106	10800
25200	31	0.30	781200	0.36	102.94	1200	3	31	3600
26400	17	0.17	448800	0.20	107.82	1200	2	17	2400
27600	19	0.19	524400	0.24	112.74	1200	2	19	2400
28800	9	0.09	259200	0.12	117.67	1200	1	9	1200
30000	39	038	1170000	0.53	122.54	1200	4	39	4800
31200	8	0.08	249600	0.11	127.5	1200	1	8	1200
32400	13	0.13	421200	0.19	132.38	1200	1	13	1200
33600	12	0.12	403200	0.18	137.25	1200	1	12	1200
34800	22	0.22	765600	0.35	142.14	1200	3	22	3600
36000	46	0.45	1656000	0.76	147.04	1200	3	23	7200
37200	10	010	372000	0.17	152	1200	1	10	1200
38400	9	0.09	345600	0.16	156.89	1200	1	9	1200
39600	12	0.12	475200	0.22	161.75	1200	1	6	2400
40800	10	0.10	408000	0.19	166.7	1200	1	10	1200
42000	11	0.11	462000	0.21	171.55	1200	2	11	2400
43200	9	0.09	388800	0.18	176.44	1200	1	9	1200
44400	31	0.30	1376400	0.63	181.35	1200	5	31	6000
45600	8	0.08	364800	0.17	186.25	1200	1	8	1200
46800	6	0.06	280800	0.13	191.17	1200	1	6	1200
48000	43	0.42	2064000	0.94	196.07	1200	7	43	8400
49200	13	0.13	639600	0.29	201	1200	2	13	2400
50400	17	0.17	856800	0.39	205.88	1200	3	17	3600
51600	4	0.04	206400	0.09	210.75	1200	1	4	1200
52800	6	006	316800	0.14	215.67	1200	1	6	1200
54000	16	016	864000	0.39	220.56	1200	3	16	3600
55200	5	0.05	276000	0.13	225.4	1200	1	5	1200
56400	2	0.02	112800	0.05	230.5	1200	0	0	0
57600	1	0.01	57600	0.03	235	1200	0	0	0
58800	5	005	294000	0.13	240.2	1200	1	5	1200
60000	35	0.34	2100000	0.96	245.09	1200	1	5	8400
61200	6	0.06	367200	0.17	250	1200	1	6	1200
62400	9	009	561600	0.26	254.89	1200	2	9	2400
63600	3	0.03	190800	0.09	259.67	1200	1	3	1200
64800	6	0.06	388800	0.18	264.67	1200	1	6	1200
66000	11	0.11	726000	0.33	269.64	1200	2	11	2400
67200	4	0.04	268800	0.12	274.5	1200	1	4	1200
68400	5	0.05	342000	0.16	279.4	1200	1	5	1200
69600	6	0.06	417600	0.19	284.33	1200	1	6	1200
70800	5	005	354000	0.16	289.2	1200	1	5	1200
72000	4	0.04	288000	0.13	294	1200	1	4	1200
73200	1	0.01	73200	0.03	299	1200	0	0	0
74400	3	0.03	223200	0.10	304	1200	1	3	1200
75600	3	0.03	226800	0.10	308.67	1200	1	3	1200
76800	2	0.02	153600	0.07	313.5	1200	1	2	1200
78000	4	0.04	312000	0.14	318.5	1200	1	4	1200
79200	1	0.01	79200	0.04	324	1200	0	0	0
80400	6	0.06	482400	0.22	328.33	1200	1	3	2400
81600	2	0.02	163200	0.07	333.5	1200	1	2	1200
84000	7	0.07	588000	0.27	343.14	1200	2	7	2400
85200	7	0.07	596400	0.27	348	1200	2	7	2400
86400	6	0.06	518400	0.24	353	1200	1	3	2400
87600	3	0.03	262800	0.12	357.67	1200	1	3	1200
88800	7	007	621600	0.28	362.71	1200	2	7	2400
90000	11	0.11	990000	0.45	367.64	1200	3	11	3600
92400	4	0.04	369600	0.17	377.5	1200	1	4	1200
93600	4	0.04	374400	0.17	382.25	1200	1	4	1200
96000	8	0.08	768000	0.35	392.13	1200	3	8	3600
97200	2	0.02	194400	0.09	397	1200	1	2	1200
98400	9	0.09	885600	0.40	401.89	1200	1	3	3600
99600	6	006	597600	0.27	406.83	1200	1	3	2400
100800	5	0.05	504000	0.23	411.8	1200	2	5	2400
102000	3	0.03	306000	0.14	416.67	1200	1	3	1200
103200	1	0.01	103200	0.05	422	1200	0	0	0
104400	1	0.01	104400	0.05	426	1200	0	0	0
105600	2	0.02	211200	0.10	431.5	1200	1	2	1200
106800	2	0.02	213600	0.10	436.5	1200	1	2	1200
108000	1	0.01	108000	0.05	441	1200	0	0	0
110400	1	0.01	110400	0.05	451	1200	0	0	0
111600	2	0.02	223200	0.10	456	1200	1	2	1200
112800	2	0.02	225600	0.10	461	1200	1	2	1200
115200	1	0.01	115200	0.05	471	1200	0	0	0
116400	2	0.02	232800	0.11	475.5	1200	1	2	1200
117600	1	0.01	117600	0.05	480	1200	0	0	0
120000	15	0.15	1800000	0.82	490.2	1200	2	5	7200
121200	6	0.06	727200	0.33	495	1200	1	3	2400
122400	1	0.01	122400	0.06	500	1200	0	0	0
123600	4	0.04	494400	0.23	505	1200	1	2	2400
124800	2	0.02	249600	0.11	510	1200	1	2	1200
126000	3	0.03	378000	0.17	514.67	1200	1	3	1200
128400	3	0.03	385200	0.18	524.33	1200	1	3	1200
129600	1	0.01	129600	0.06	529	1200	0	0	0
132000	3	0.03	396000	0.18	539.33	1200	1	3	1200
134400	1	0.01	134400	0.06	549	1200	0	0	0
136800	3	003	410400	0.19	558.67	1200	1	3	1200
138000	1	0.01	138000	0.06	564	1200	0	0	0
139200	2	0.02	278400	0.13	568.5	1200	1	2	1200
140400	2	0.02	280800	0.13	573.5	1200	1	2	1200
141600	1	0.01	141600	0.06	578	1200	0	0	0
144000	4	0.04	576000	0.26	588.25	1200	1	2	2400
145200	1	0.01	145200	0.07	593	1200	0	0	0
146400	1	0.01	146400	0.07	598	1200	0	0	0
147600	5	0.05	738000	0.34	603	1200	2	5	2400
148800	6	0.06	892800	0.41	607.83	1200	1	2	3600
151200	4	0.04	604800	0.28	617.5	1200	1	2	2400
152400	2	0.02	304800	0.14	622.5	1200	1	2	1200
153600	1	0.01	153600	0.07	627	1200	1	1	1200
156000	1	0.01	156000	0.07	637	1200	1	1	1200
158400	5	0.05	792000	0.36	647	1200	3	5	3600
159600	1	0.01	159600	0.07	652	1200	1	1	1200
160800	1	0.01	160800	0.07	657	1200	1	1	1200
164400	1	0.01	164400	0.08	672	1200	1	1	1200
165600	1	0.01	165600	0.08	676	1200	1	1	1200
166800	1	0.01	166800	0.08	681	1200	1	1	1200
169200	2	0.02	338400	0.15	691	1200	1	2	1200
171600	2	0.02	343200	0.16	701	1200	1	2	1200
172800	1	0.01	172800	0.08	706	1200	1	1	1200
174000	1	0.01	174000	0.08	711	1200	1	1	1200
175200	1	0.01	175200	0.08	716	1200	1	1	1200
176400	3	0.03	529200	0.24	720.67	1200	2	3	2400
177600	1	0.01	177600	0.08	725	1200	1	1	1200
180000	6	006	1080000	0.49	735.33	1200	2	3	4800
183600	2	0.02	367200	0.17	750	1200	1	2	1200
187200	1	0.01	187200	0.09	765	1200	1	1	1200
188400	9	0.09	1695600	0.77	769.56	1200	2	3	7200
189600	1	0.01	189600	0.09	774	1200	1	1	1200
190800	1	0.01	190800	0.09	779	1200	1	1	1200
192000	2	0.02	384000	0.18	784.5	1200	1	2	1200
193200	1	0.01	193200	0.09	789	1200	1	1	1200
194400	2	0.02	388800	0.18	794	1200	1	2	1200
196800	4	0.04	787200	0.36	804	1200	3	4	3600
198000	4	0.04	792000	0.36	808.75	1200	3	4	3600
200400	3	0.03	601200	0.27	818.67	1200	2	3	2400
201600	2	0.02	403200	0.18	823.5	1200	1	2	1200
202800	2	0.02	405600	0.19	828.5	1200	1	2	1200
204000	4	0.04	816000	0.37	833.25	1200	3	4	3600
205200	1	0.01	205200	0.09	838	1200	1	1	1200
207600	1	0.01	207600	0.09	848	1200	1	1	1200
208800	1	0.01	208800	0.10	853	1200	1	1	1200
210000	2	0.02	420000	0.19	858	1200	1	2	1200
211200	2	0.02	422400	0.19	862.5	1200	1	2	1200
212400	1	0.01	212400	0.10	868	1200	1	1	1200
216000	4	0.04	864000	0.39	882.25	1200	3	4	3600
217200	3	0.03	651600	0.30	887.33	1200	2	3	2400
218400	1	0.01	218400	0.10	892	1200	1	1	1200
220800	5	0.05	1104000	0.50	902	1200	4	5	4800
222000	1	0.01	222000	0.10	907	1200	1	1	1200
226800	1	0.01	226800	0.10	926	1200	1	1	1200
228000	1	0.01	228000	0.10	931	1200	1	1	1200
230400	2	0.02	460800	0.21	941	1200	1	1	2400
231600	1	0.01	231600	0.11	946	1200	1	1	1200
232800	1	0.01	232800	0.11	951	1200	1	1	1200
234000	1	0.01	234000	0.11	956	1200	1	1	1200
236400	1	0.01	236400	0.11	966	1200	1	1	1200
237600	1	0.01	237600	0.11	971	1200	1	1	1200
238800	1	0.01	238800	0.11	975	1200	1	1	1200
240000	5	0.05	1200000	0.55	980.4	1200	4	5	4800
241200	2	0.02	482400	0.22	985	1200	1	1	2400
243600	1	0.01	243600	0.11	995	1200	1	1	1200
246000	2	0.02	492000	0.22	1005	1200	1	1	2400
247200	2	0.02	494400	0.23	1010	1200	1	1	2400
248400	2	0.02	496800	0.23	1014.5	1200	1	1	2400
249600	1	0.01	249600	0.11	1020	1200	1	1	1200
250800	1	0.01	250800	0.11	1024	1200	1	1	1200
252000	1	0.01	252000	0.11	1029	1200	1	1	1200
255600	4	0.04	1022400	0.47	1044	1200	3	4	3600
259200	1	0.01	259200	0.12	1059	1200	1	1	1200
260400	2	0.02	520800	0.24	1063.5	1200	1	1	2400
261600	2	0.02	523200	0.24	1068.5	1200	1	1	2400
262800	1	0.01	262800	0.12	1073	1200	1	1	1200
264000	4	0.04	1056000	0.48	1078.5	1200	1	1	4800
265200	2	0.02	530400	0.24	1083.5	1200	1	1	2400
267600	1	0.01	267600	0.12	1093	1200	1	1	1200
268800	1	0.01	268800	0.12	1098	1200	1	1	1200
270000	1	0.01	270000	0.12	1103	1200	1	1	1200
276000	1	0.01	276000	0.13	1127	1200	1	1	1200
286800	1	0.01	286800	0.13	1172	1200	1	1	1200
290400	1	0.01	290400	0.13	1186	1200	1	1	1200
291600	1	0.01	291600	0.13	1191	1200	1	1	1200
292800	1	0.01	292800	0.13	1196	1200	1	1	1200
294000	1	0.01	294000	0.13	1201	1200	1	1	1200
295200	2	0.02	590400	0.27	1206	1200	1	1	2400
296400	3	0.03	889200	0.41	1210.67	1200	1	1	3600
297600	2	0.02	595200	0.27	1215.5	1200	1	1	2400
300000	3	0.03	900000	0.41	1225.33	1200	1	1	3600
303600	1	0.01	303600	0.14	1240	1200	1	1	1200
306000	1	0.01	306000	0.14	1250	1200	1	1	1200
307200	1	0.01	307200	0.14	1255	1200	1	1	1200
308400	1	0.01	308400	0.14	1260	1200	1	1	1200
310800	1	0.01	310800	0.14	1270	1200	1	1	1200
312000	2	0.02	624000	0.28	1274.5	1200	1	1	2400
314400	2	0.02	628800	0.29	1284	1200	1	1	2400
315600	2	0.02	631200	0.29	1289	1200	1	1	2400
316800	1	0.01	316800	0.14	1294	1200	1	1	1200
324000	1	0.01	324000	0.15	1323	1200	1	1	1200
331200	2	0.02	662400	0.30	1353	1200	1	1	2400
336000	1	0.01	336000	0.15	1372	1200	1	1	1200
339600	4	0.04	1358400	0.62	1387.25	1200	1	1	4800
		0.00		0.00		1200	1	4	1200
344400	1	0.01	344400	0.16	1407	1200	1	1	1200
346800	2	0.02	693600	0.32	1416.5	1200	1	1	2400
348000	1	0.01	348000	0.16	1421	1200	1	1	1200
350400	1	0.01	350400	0.16	1431	1200	1	1	1200
360000	4	0.04	1440000	0.66	1470.5	1200	1	1	4800
		0.00		0.00		1200	1	4	1200
367200	1	0.01	367200	0.17	1500	1200	1	1	1200
369600	1	0.01	369600	0.17	1510	1200	1	1	1200
372000	2	0.02	744000	0.34	1519.5	1200	1	1	2400
		0.00		0.00		1200	1	2	1200
384000	1	0.01	384000	0.18	1569	1200	1	1	1200
394800	1	0.01	394800	0.18	1613	1200	1	1	1200
396000	2	0.02	792000	0.36	1617.5	1200	1	1	2400
		0.00		0.00		1200	1	2	1200
399600	2	0.02	799200	0.36	1632.5	1200	1	1	2400
		0.00		0.00		1200	1	2	1200
402000	1	0.01	402000	0.18	1642	1200	1	1	1200
409200	2	0.02	818400	0.37	1671.5	1200	1	1	2400
		0.00		0.00		1200	1	2	1200
414000	2	0.02	828000	0.38	1691	1200	1	1	2400
		0.00		0.00		1200	1	2	1200
416400	1	0.01	416400	0.19	1701	1200	1	1	1200
417600	1	0.01	417600	0.19	1706	1200	1	1	1200
418800	1	0.01	418800	0.19	1711	1200	1	1	1200
420000	1	0.01	420000	0.19	1716	1200	1	1	1200
423600	2	0.02	847200	0.39	1730.5	1200	1	1	2400
		0.00		0.00		1200	1	2	1200
428400	1	0.01	428400	0.20	1750	1200	1	1	1200
429600	1	0.01	429600	0.20	1755	1200	1	1	1200
430800	1	0.01	430800	0.20	1760	1200	1	1	1200
433200	3	0.03	1299600	0.59	1769.67	1200	1	1	3600
		0.00		0.00		1200	1	3	1200
440400	1	0.01	440400	0.20	1799	1200	1	1	1200
445200	1	0.01	445200	0.20	1819	2400	1	1	2400
465600	4	0.04	1862400	0.85	1901.75	1200	1	1	4800
		0.00		0.00		1200	1	2	2400
474000	1	0.01	474000	0.22	1936	2400	1	1	2400
475200	2	0.02	950400	0.43	1941	1200	1	1	2400
		0.00		0.00		1200	1	2	1200
480000	3	0.03	1440000	0.66	1960.67	1200	1	1	3600
		0.00		0.00		1200	2	3	2400
484800	1	0.01	484800	0.22	1980	2400	1	1	2400
486000	1	0.01	486000	0.22	1985	2400	1	1	2400
488400	1	0.01	488400	0.22	1995	2400	1	1	2400
492000	1	0.01	492000	0.22	2010	2400	1	1	2400
494400	2	0.02	988800	0.45	2019.5	1200	1	1	2400
		0.00		0.00		1200	1	2	1200
495600	1	0.01	495600	0.23	2024	2400	1	1	2400
505200	2	0.02	1010400	0.46	2063.5	1200	1	1	2400
		0.00		0.00		1200	1	2	1200
519600	1	0.01	519600	0.24	2122	2400	1	1	2400
538800	1	0.01	538800	0.25	2201	2400	1	1	2400
544800	1	0.01	544800	0.25	2225	2400	1	1	2400
566400	1	0.01	566400	0.26	2314	2400	1	1	2400
572400	1	0.01	572400	0.26	2338	2400	1	1	2400
590400	1	0.01	590400	0.27	2412	2400	1	1	2400
600000	1	0.01	600000	0.27	2451	2400	1	1	2400
613200	1	0.01	613200	0.28	2505	2400	1	1	2400
634800	1	0.01	634800	0.29	2593	2400	1	1	2400
636000	1	0.01	636000	0.29	2598	2400	1	1	2400
640800	1	0.01	640800	0.29	2618	2400	1	1	2400
642000	1	0.01	642000	0.29	2622	2400	1	1	2400
660000	1	0.01	660000	0.30	2696	2400	1	1	2400
668400	1	0.01	668400	0.30	2730	2400	1	1	2400
673200	1	0.01	673200	0.31	2750	2400	1	1	2400
720000	1	0.01	720000	0.33	2941	2400	1	1	2400
745200	2	0.02	1490400	0.68	3044	2400	1	1	4800
		0.00		0.00		1200	1	2	1200
746400	1	0.01	746400	0.34	3049	3600	1	1	3600
769200	1	0.01	769200	0.35	3142	3600	1	1	3600
771600	1	0.01	771600	0.35	3152	3600	1	1	3600
772800	1	0.01	772800	0.35	3157	3600	1	1	3600
792000	2	0.02	1584000	0.72	3235	2400	1	1	4800
		0.00		0.00		1200	1	2	1200
843600	1	0.01	843600	0.38	3446	3600	1	1	3600
883200	1	0.01	883200	0.40	3608	3600	1	1	3600
895200	1	0.01	895200	0.41	3657	3600	1	1	3600
903600	1	0.01	903600	0.41	3691	3600	1	1	3600
924000	1	0.01	924000	0.42	3774	3600	1	1	3600
980400	1	0.01	980400	0.45	4005	3600	1	1	3600
990000	1	0.01	990000	0.45	4044	3600	1	1	3600
1010400	1	0.01	1010400	0.46	4127	3600	1	1	3600
1183200	1	0.01	1183200	0,54	4833	4800	1	1	4800
1491600	2	0.02	2983200	1.36	6093	6000	1	1	12000
1512000	1	0.01	1512000	0.69	6176	6000	1	1	6000
1782000	1	0.01	1782000	0.81	7279	7200	1	1	7200
1869600	1	0.01	1869600	0.85	7637	7200	1	1	7200
1920000	1	0.01	1920000	0.88	7843	8400	1	1	8400
2128800	1	0.01	2128800	0.97	8696	8400	1	1	8400
2230800	1	0.01	2230800	1.02	9112	9600	1	1	9600
2473200	1	0.01	2473200	1.13	10102	9600	1	1	9600
2652000	1	0.01	2652000	1.21	10833	10800	1	1	10800
2983200	5	0.05	14916000	6.81	12185.6	12000	1	1	60000
		0.00		0.00		1200	1	5	1200
Total		10183	100.00	219156000	100.00				895200

3} Allotment to Market Maker (Alter Technical Rejections)

The Basis of Allotment to the Market Maker, at the issue price of Rs. 101/- per Equity Share, was finalized in consultation with NSE Limited. The Category was subscribed by 1.00 times. The total number of shares allotted in this category is 3.18.000 Equity Shares in full out reserved portion of 3.18.000 Equity Shares.

4) Allotment to QIBs (After Technical Rejections)

Allotment to QIBs. who have bid at the Issue Price of Rs. 101/- per Equity Share has been done on a proportionate basis in consultation with NSE Limited. This category has been subscribed to the extent of 64.63 Times of QIB portion. The total number of Equity Shares allotted in the QIB category is 11.92.800 Equity Shares, which were allotted to 46 successful Applicants.

CATEGORY	FIS/BANKS	MF'S	ICS	NBFC'S	AIF	FPI	OTHERS	TOTAL
QIB	70800	-	26400	392400	235200	468000	-	11.92.800

5) Allotment to Anchor Investors (After Technical Rejections)

The Company in consultation with the BRLM. has allotted 17.88.000 Equity Shares to 8 Anchor Investors at the Offer Price of Rs. 101/- per Equity shares in accordance with the SEBI Regulations. This represents 59.98% of the QIBs Portion.

CATEGORY	FIS/BANKS	MRS	IC'S	NBFC'S	AIF	FPI	OTHERS	TOTAL
Anchor Investor	-	-	-	-	7.38.000	10,50.000	-	17.88.600

The Board of Director of our Company at its meeting held on April 02.2024 has taken on record the basis of allotment of Equity Shares approved by the Designated Stock Exchange, being NSE and has allotted the Equity Shares to various successful applicants. The Allotment Advice Cum Refund Intimation has been emailed to the email id of the investors as registered with the depositories. Further, instructions to the SC SBs have been issued for unblocking of funds and transfer to the Public Issue Account on April 02. 2024. The Equity Shares allotted to the successful allottees have been uploaded on April 02,2024 for credit into the respective beneficiary accounts subject to validation of the account details with the depositories concerned. The Company is in the process of obtaining the listing and trading approval from NSE and the trading of the Equity Shares is expected to commence on April 04.2024.

Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated March 28.2024 filed with the Registrar of Companies. Mumbai. Maharashtra ("RoC").

INVESTORS, PLEASE NOTE!

The details of the allotment made has been hosted on the website of the Registrar to the Issue, Bigshare Services Private Limited at website: www.bigshareonline.com All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/ Sole Bidder, Serial number of the ASBA form, number of Equity Shares bid for, Bidder DP ID, Client ID, PAN, date of submission of the Bid cum Application Form, address of the Bidder, the name and address of the Designated Intermediary where the Bid cum Application Form was submitted by the Bidder and copy of the Acknowledgment Slip received from the Designated Intermediary and payment details at the address given below:

	BIGSHARE SERVICES PRIVATE LIMITED
	Office No. S6- 2,6th Floor, Pinnacle Business Park, next to Ahura Centre,Mahakali Caves Road, Andheri (East), Mumbai - 400093, India.
	Tel No.: +91-22-62638200;
	Fax No.: +91 -22-62638299 E-mail: ipo@bigshareonline.com
	Investor Grievances Email id-- : investor@bigshareonline.com
	Website: www.bigshareonline.com
	SEBI Registration No.: INR000001385,
	Contact Person: Mr. Vinayak Morbale

	On Behalf of the Board of Directors
	For Trust Fintech Limited
	Sd/-
Place - Nagpur, Maharashtra	Ms. Deshana Keval Joshi
Date: April 03, 2024	Company Secretary & Compliance Olticer

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF TRUST FINTECH LIMITED

Disclaimer: Trust Fintech Limited has tiled the Prospectus dated March 28,2024 with the Registrar of Companies. Mumbai, Maharashtra and thereafter with SEBI and the Stock Exchange. The Prospectus is available on the website of NSE Emerge i.e. www.nseindia.com and is available on the wbsite of the BRLM at www.ccvindia.com. Any potential investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, please refer to the Prospectus including the section titled "Risk Factors' beginning on page 28 of the Prospectus.

NSE Disclaimer: 'It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Offer Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Offer Document. The investors are advised to refer to the Offer Document for the full text of the "Disclaimer Clause of NSE".

The Equity Shares have not been and will not be registered under the U.S. Securities Act of 1933. as amended (the "Securities Act') or any state securities laws in the United States, and unless so registered, and may not be issued or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in accordance with any applicable U.S. state securities laws. The Equity Shares are being issued and sold outside the United States in ‘offshore transactions' in reliance on Regulation "S‘ under the Securities Act and the applicable laws of each jurisdiction where such issues and sales are made. There will be no public offering in the United States.