Trom Industries Limited
ListedSMECapital 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
₹154
+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
Last updated 12 days ago
Overall Subscription
440.01x
Total Demand
QIB Multiplier
197.07x
Institutions & Funds
NII / HNI
749.25x
High Net-Worth
Retail (RII)
446.31x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 518,400 | 102,159,600 | 197.07x |
| NIB | 388,800 | 291,307,200 | 749.25x |
| RETAIL | 907,200 | 404,889,600 | 446.31x |
| Total | 1,814,400 | 798,356,400 | 440.01x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 796 | 355,263 | 446.31x |
| HNIs (10L +) | 5 | 3,746 | 749.25x |
| HNIs (2-10L) | 24 | 17,982 | 749.25x |
| Total Applications | 825 | 376,991 | 456.96x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Trom Industries Limited Public Issue & Market Profile
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.
Bidding & Quota Instructions:
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 Schedule:
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.
Frequently Asked Questions
What is Trom Industries Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Trom Industries Limited IPO is ₹154 per equity share. Based on the upper price band of ₹100 to ₹115 per equity share, the estimated listing price is ₹269 (+133.9% expected listing gain).
What is the expected profit per lot for Trom Industries Limited IPO?
With a lot size of 1200 shares and current GMP of ₹154, the expected profit per application lot is approx ₹1,84,800 (+133.9% gain). Minimum application cost is approx ₹1,38,000.
What is the issue size and price band for Trom Industries Limited IPO?
The Trom Industries Limited IPO aggregate issue size is ₹31.37 Crores with an equity price band set at ₹100 to ₹115 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,38,000.
How can I check Trom Industries Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 440.01x (Retail: 446.31x, QIB: 197.07x, NII: 749.25x). You can track live multiples directly on our dedicated subscription page.
Where and when will Trom Industries Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-07-30. Investors can verify status using PAN card or application number.
When is the listing date for Trom Industries Limited IPO?
Trom Industries Limited shares are scheduled to list on NSE on 2024-08-01.