Trom Industries Ltd
Price Range
₹110 - ₹115
Min. Quantity
1,200
Closes on
29 July 2024
Min. investment
₹1,38,000/1,200 Shares
Trom Industries Ltd IPO Timeline
Trom Industries Ltd was originally formed as Partnership Firm under the name and style of 'Trom Solar' on August 08, 2011. The Company was converted into Public Limited Company and name of Company was changed to 'Trom Industries Limited' and a fresh Certificate of Incorporation dated August 01, 2019, was issued by Registrar of Companies, Central Registration Centre.
| Event | Date |
|---|---|
| Trom Industries Ltd IPO Opening Date | 25 July 2024 |
| Trom Industries Ltd IPO Closing Date | 29 July 2024 |
| Basis of Allotment | 30 July 2024 |
| Initiation of Refunds | 30 July 2024 |
| Credit of Shares to Demat | 31 July 2024 |
| Trom Industries Ltd IPO Listing Date | 1 August 2024 |
Trom Industries Ltd IPO Details
| Trom Industries Ltd IPO Date | 25 July 2024 to 29 July 2024 |
| Trom Industries Ltd IPO Face Value | ₹10 per share |
| Trom Industries Ltd IPO Price | ₹110 to ₹115 per share |
| Trom Industries Ltd IPO Lot Size | 1,200 |
| Issue Size | Shares of ₹10 (aggregating up to ₹31.37 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹31.37 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Jignesh Patel, Pankaj Pawar |
Trom Industries Ltd IPO Lot Size
The Trom Industries Ltd IPO lot size is 1,200 shares. A retail-individual investor can apply for up to 1 lots (1,200 shares or ₹1,38,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,200 | ₹1,38,000 |
| Maximum | 1 | 1,200 | ₹1,38,000 |
- Strengths
- Risks
- Opportunities
- Wide Range of Products.
- Strong relationship with customers and suppliers.
- Experienced management team with industry expertise.
Company Financials
Trom Industries Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 29.2 | 54.55 | 5.73 |
| 03-2023 | 21.55 | 24.14 | 0.29 |
| 03-2022 | 18.54 | 30.57 | 0.36 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding of capital expenditure requirements of the company towards set up of Solar Power Plabt
- Working Capital Requirements
- General Corporate Purposes
Trom Industries Ltd IPO Promoter Holding
| Pre Issue Share Holding | 49.22% |
| Post Issue Share Holding | 34.62% |
Trom Industries Ltd IPO Subscription Status (Bidding Detail)
The Trom Industries Ltd IPO is subscribed 116.4738 times on 29 July 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 116.4738 |
Trom Industries Ltd IPO Prospectus
Trom Industries Ltd IPO Listing Date
| Listing Date | 1 August 2024 |
| BSE Script | 92992 |
| NSE Symbol | TROM |
| Listing In | NSE - SME |
| ISIN | INE0SYV01018 |
| IPO Price | ₹115 |
| Face Value | ₹10 |
Company Contact Information
4th Floor 421 Pramukh TangentNr. Sargasan Cross Road,Gandhinagar-382421
Phone: +91-079-2965 6678
Email: info@tromindustries.com
Website: www.tromindustries.com
Trom Industries Ltd IPO Registrar
Trom Industries Ltd IPO Lead Manager(s)
- Expert Global Consultants Pvt Ltd
FAQ
What is the issue size of Trom Industries Ltd IPO?
I have pre-applied for Trom Industries Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.