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Trom Industries Ltd IPO
NSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹115
Issue Price
₹115
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹115
GMP based
Lot Size
1,200
shares / lot
Min Amount
₹138,000
1 lot · 1,200 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
25 Jul 2024
Thu Completed
Done
Close Date
29 Jul 2024
Mon Completed
Done
Allotment
30 Jul 2024
Tue Completed
Done
Refund
31 Jul 2024
Wed Completed
Done
Demat Credit
31 Jul 2024
Wed Completed
Done
Listing Date
01 Aug 2025
Fri Completed
UPI Deadline: 29 Jul 2024
Issue Details
Pricing & Size
Issue Price
₹115 Face ₹10
Lot Size
1,200 shares
Min Investment
₹138,000
Total Issue Size
27,27,600 shares (aggregating up to ₹31.37 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
1,36,800 (5.02%)
QIB Portion
12,94,800 (47.47%)
NII / HNI
3,88,800 (14.25%)
Retail
9,07,200 (33.26%)
Employee
-
Net Offer to Public
25,90,800 shares (aggregating up to ₹29.79 Cr)
Shareholding Pattern
Pre-Issue Shareholding
64,67,266 shares
Post-Issue Shareholding
91,94,866 shares
Objects of Issue
3 objectives
1
Funding of capital expenditure requirements of the Company towards set up of Solar Power Plant
2
To meet the working capital requirements; and
3
To meet the working capital requirements; and
Lead Managers & Market Maker
Book Running Lead Managers
Expert Global Consultants Pvt.Ltd
Market Maker
Sunflower Broking Pvt.Ltd.
IPO Timeline
Open
25 Jul
✓ Done
Close
29 Jul
✓ Done
Allotment
30 Jul
✓ Done
Listing
01 Aug
✓ Done
Registrar Details
Kfin Technologies Ltd
SEBI Registered Registrar & Transfer Agent
Phone
04067162222, 04079611000
Email
bil.ipo@kfintech.com
Company Contact
Email
info@tromindustries.com
Phone
+91-079 29656678
Address
4th Floor, 421, Pramukh Tangent, NR. Sargasan Cross Road, Gandhinagar, Gujarat, 382421
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹115
Est. Listing
₹115
Lot Size
1,200 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Trom Industries Ltd LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
Vol
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| Price
Market Reference
IPO Issue Price
₹115
GMP
+₹0 (+0%)
GMP Est. Listing
₹115
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 12,94,800 (47.47%) ₹1,489.02 Cr
NII / HNI (Total) 3,88,800 (14.25%) ₹447.12 Cr
Retail Investors 9,07,200 (33.26%) ₹1,043.28 Cr
Total ** 27,27,600 (100.00%) ₹31,367.40 Cr
Market Maker * 1,36,800 (5.02%) ₹15.73 Cr
* Based on ₹115.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
12,94,800 (47.47%)
NII
3,88,800 (14.25%)
Retail
9,07,200 (33.26%)
Market Maker
1,36,800 (5.02%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric31 Mar 202431 Mar 202331 Mar 2022
Revenue5454.682413.803056.55
PAT572.9328.8635.98
EBITDA
Net Worth1222.57249.92221.12
Total Assets2919.932155.351854.32
Reserves575.84248.92248.92
Borrowings573.71492.8285.66
Key Financial Ratios
77.82%
ROE
Return on Equity
47.11%
ROCE
Return on Capital Employed
77.82%
RONW
Return on Net Worth
10.54%
PAT Margin
PAT / Revenue
0.47
D/E Ratio
Debt to Equity
6.08
P/BV
Price to Book Value
8.86
Pre EPS
EPS Pre-Issue
6.23
Post EPS
EPS Post-Issue
12.98
Pre P/E
P/E Pre-Issue
18.46
Post P/E
P/E Post-Issue
About Trom Industries Ltd

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.

Frequently Asked Questions
What is the issue price of Trom Industries Ltd IPO?
The issue price of Trom Industries Ltd IPO is ₹115 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,200 shares, requiring ₹138,000.
What are the IPO dates?
Opens 25 Jul 2024, closes 29 Jul 2024.
When is the listing date?
Tentative listing: 01 Aug 2025 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹115 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Trom Industries Ltd IPO · Expected 30 Jul 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
30 Jul 2024
Refund Initiation
31 Jul 2024
Demat Credit
31 Jul 2024
Listing Date
01 Aug 2025
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹115
Face ₹10
Lot Size
1,200
shares / lot
Min Amount
₹138,000
1 lot
Est. Listing
₹115
GMP +₹0
Key Dates
Open
25 Jul Done
Close
29 Jul Done
Listing
01 Aug Done
Registrar
Kfin Technologies Ltd
A
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