Trustedge Capital Rights Issue dates 9 – 16 October 2025.
Incorporated in 1995 and headquartered in Ahmedabad, Trustedge Capital is a non-banking financial company (NBFC) focusing on strategic capital solutions for SMEs and mid-sized enterprises. The company’s core business includes financing activities, structured debt offerings, growth financing, and rapid disbursement through products such as working capital loans, invoice financing, and purchase/work order finance. Trustedge Capital also invests in listed shares, debt instruments across various industries, and mutual funds, enhancing its financial portfolio diversification.
The company remains almost debt free, as indicated by its zero total debt in recent financial statements. Despite repeated profits, dividend payouts have remained nil and sales growth has been modest at around 9.9% over the past five years.
Promoters of Trustedge Capital – Mr. Paras Shantilal Savla, Mr. Manoj Shantilal Savla and Mr. Shantilal Murjibhai Savla
Table of Contents
Trustedge Capital Rights Issue Details
| Trustedge Capital Rights Issue Date | 9 – 16 October 2025 |
| Trustedge Capital Rights Issue Price | INR 80 per share |
| Issue Size (in Shares) | 33,74,428 shares |
| Issue Size (in INR) | INR 27 crore |
| Issue Entitlement | 49 equity shares for every 85 equity shares held on the record date |
| Terms of Payment | Fully payable at the time of application |
| Trustedge Capital Rights Issue Record Date | 1 October 2025 |
| Face Value | INR 10 per share |
| Listing On | BSE |
Trustedge Capital Rights Issue Calculation
| Trustedge Capital Rights Issue Price | INR 80 per share |
| Market Price on Rights Issue Approval | INR 120.05 per share |
| Dilution Factor (X) | 1.58 |
| Fair Value After Dilution at Prevailing Price | INR 105.40 per share |
Star Housing Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 1.00 | 1.03 | 1.09 |
| Expenses | 0.32 | 0.29 | 0.87 |
| OPM (%) | 68.00 | 71.84 | 20.18 |
| Net Income | 0.68 | 0.56 | 0.16 |
| ROCE (%) | 4.06 | 4.04 | 1.05 |
Trustedge Capital Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Augmenting its capital base to meet future business requirements of the company towards onward lending – INR 19.88 crore
- General corporate purposes – INR 6.73 crore
Trustedge Capital Rights Offer Documents
- Trustedge Capital Rights Issue Application Form
- Trustedge Capital Letter of Offer
- Board Meeting Outcome
- Rights Issue in 2024
Trustedge Capital Rights Issue Dates
| Rights Issue Approval Date | 25 September 2025 |
| Rights Issue Record Date | 1 October 2025 |
| Credit of Rights Entitlement | 3 October 2025 |
| Rights Issue Opening Date | 9 October 2025 |
| Last Date for Market Renunciation | 13 October 2025 |
| Rights Issue Closing Date | 16 October 2025 |
| Finalization of Basis of Allotment | 17 October 2025 |
| Rights Allotment Date | 17 October 2025 |
| Credit Date | 20 October 2025 |
| Listing Date | 20 October 2025 |
Trustedge Capital Rights Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com
Trustedge Capital Contact Details
TRUSTEDGE CAPITAL LIMITED
Office No. 308, 3rd Floor, Block-B, Navratna Corporate Park,
Bodakdev, Ahmedabad – 380058, Gujarat, India
Phone: +91 6351 738 619
Email: [email protected]
Website: www.trustedgecapital.in
Trustedge Capital Rights Offer FAQs
What is the Trustedge Capital Rights Issue Price?
The issue price is INR 80 per share.
What is the Trustedge Capital Rights Issue entitlement ratio?
The eligible shareholders are offered 49 equity shares for every 85 equity shares held on the record date.
What is the Trustedge Capital Rights Issue Record Date?
The Record date is 1 October 2025.
How to Apply in the Trustedge Capital Rights Offer?
The best way to apply in the Trustedge Capital Rights Offer is through Internet banking ASBA. You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an application form and deposit the same to your broker.