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Trom Industries Limited IPO (Trom Industries IPO ) Details

Trom Industries Limited

Trom Industries IPO 's overview

Trom Industries IPO is a book built issue of ₹31.37 Cr (31,36,74,000). The issue includes a fresh issue of 27.28 Lakh (27,27,600) shares aggregating to ₹31.37 Cr (31,36,74,000).

Trom Industries IPO bidding started from Jul 25, 2024 and ended on Jul 29, 2024. The allotment for Trom Industries IPO was finalized on Jul 30, 2024. The shares got listed on NSE on Aug 01, 2024.

Trom Industries IPO price band is set at ₹100 to ₹115 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹1.20 Lakh (1,20,000).

Refer to Trom Industries IPO RHP for detailed information.

  • IPO date

    Jul 25,2024 - Jul 29,2024

  • Listing Date

    Aug 01,2024

  • Face value

    ₹10

  • Price Band

    ₹100 to ₹115 per share

  • Lot

    ₹1200 Shares

  • Total Issue Size

    27.28 Lakh (27,27,600)

    aggregating up to ₹31.37 Cr (31,36,74,000)

  • Fresh Issue

    27.28 Lakh (27,27,600)

    aggregating up to ₹31.37 Cr (31,36,74,000)

  • Issue Type

    Book Building

  • IPO Type

    SME

  • Listing At

    NSE

  • Thu, Jul 25, 2024

    IPO Open

  • Mon, Jul 29, 2024

    IPO Close

  • Tue, Jul 30, 2024

    Basis of Allotment

  • Wed, Jul 31, 2024

    Initiation of Refunds

  • Wed, Jul 31, 2024

    Credit of Shares to Demat

  • Thu, Aug 01, 2024

    Listing

Trom Industries IPO Day-wise IPO GMP Trend

Trom Industries IPO last GMP is ₹150, last updated Jul 31,2024. With the price band of 115.00, Trom Industries IPO 's estimated listing price is ₹265 (cap price + today's GMP).The expected percentage gain/loss per share is 130.43%.

DateIPO PriceGMPEstimated Listing PriceLast Updated
31-Jul-24115.00150
265(130.43%)31-Jul-2024 16:59
30-Jul-24115.00148
263(128.70%)30-Jul-2024 23:23
29-Jul-24115.00150
265(130.43%)29-Jul-2024 23:27
28-Jul-24115.00155
270(134.78%)28-Jul-2024 23:23
27-Jul-24115.00155
270(134.78%)27-Jul-2024 23:32
26-Jul-24115.00145
260(126.09%)26-Jul-2024 23:23
25-Jul-24115.00125
240(108.70%)25-Jul-2024 23:23
24-Jul-24115.00115
230(100.00%)24-Jul-2024 23:31
23-Jul-24115.00111
226(96.52%)23-Jul-2024 23:24
22-Jul-24115.0065
180(56.52%)22-Jul-2024 23:29

Trom Industries IPO Lot Size

ApplicationLotsSharesAmount

Retail(Min)

11,200₹1.38 Lakh (1,38,000)

Retail(Max)

11,200₹1.38 Lakh (1,38,000)

HNI(Min)

22,400₹2.76 Lakh (2,76,000)

Trom Industries IPO Reservation

Investor CategoryShares Offered
Offered to QIB5.18 Lakh (5,18,400)
Offered to NII3.89 Lakh (3,88,800)
Offered to RII9.07 Lakh (9,07,200)
Offered to Anchor Investor7.76 Lakh (7,76,400)

About Trom Industries Limited

Founded in 2011, Trom Industries Limited is a solar EPC (Engineering, Procurement and Construction) company specializing in residential solar rooftop systems, industrial solar power plants, ground-mounted solar power plants, and solar street lights.

Trom Industries' business segments include:

  1. Residential rooftop installations: The company designs and implements solar systems customized for individual homes.
  2. Installations for the industrial sector: The company plans and builds large-scale solar power plants for industrial needs.
  3. Ground-mounted solar power plants: This involves the development of ground-mounted solar collectors.
  4. Supply and installation of solar street lights for public and commercial areas.

The company's product portfolio includes (1) solar products: Solar street lights, solar freezers, off-grid solar systems, solar home lights, solar water purifiers, and solar water pumps, and (2) AC LED lights: AC LED street lights and AC LED flood lights.

As of March 01, 2024, the Company had 31 employees, including directors and key management personnel.

Trom Industries IPO 's documents

Trom Industries Limited Contact Details

Trom Industries Limited
4th Floor, 421, Pramukh Tangent,
NR. Sargasan Cross Road,
Gandhinagar - 382421
Phone: +91-079 29656678
Email: [email protected]
Website: http://www.tromindustries.com/

Trom Industries IPO 's Promoters

Jignesh Patel and Pankaj Pawar are the company's promoters.