
Capital Goods / Industrial Manufacturing · NSE
Founded in 2011, Trom Industries Limited is a leading solar EPC (Engineering, Procurement, and Construction) company offering end-to-end solutions across residential, industrial, and ground-mounted solar power segments. The company specializes in customized solar rooftop systems, large-scale industrial solar plants, ground-mounted solar projects, and solar street lighting. Its extensive product range includes solar street lights, off-grid solar systems, solar freezers, solar home lights, solar water purifiers, solar water pumps, as well as AC LED street and flood lights. Trom Industries also undertakes supply, installation, and maintenance of these systems, catering to both public and commercial sectors. As of March 01, 2024, the company employed 31 professionals, including directors and key management personnel, dedicated to advancing clean energy and promoting sustainable power solutions.
Price Band
₹100 – ₹115
Issue Size
₹31.37 Cr
Lot Size
1200 shares
GMP
+133.9%
Est. Listing
₹269
at current GMP
Subscribed
440.01x
overall
Open
25 Jul 2024
Close
29 Jul 2024
Allotment
30 Jul 2024
Refund
31 Jul 2024
Demat Credit
1 Aug 2024
Listing
1 Aug 2024
Designated Registrar: Kfin Technologies Limited
Allotment Date
30 Jul 2024
Basis finalization
Refunds Initiate
31 Jul 2024
Mandate release
Demat Credit
1 Aug 2024
Shares in demat
Listing Debut
1 Aug 2024
Trading begins
Trom Industries Limited is bringing an initial public offering (IPO) in the Capital Goods / Industrial Manufacturing sector with an aggregate issue size of ₹31.37 Crores. The shares are offered at a price band of ₹100 to ₹115 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,38,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-08-01, while un-allotted funds or UPI block mandates will be released on 2024-07-31.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.