Trom Industries IPO Date, Review, Price, Allotment Details

Trom Industries IPO Details: Trom Industries IPO date is fixed, The IPO will open on July 25, 2024 and will close on July 29, 2024. Trom Industries is a NSE SME IPO to raise ₹31.37 crores via IPO. The Trom Industries IPO price band is fixed at ₹100 to ₹115 with a market lot of 1200 shares.

Trom-Industries-IPO

Table of Contents


Trom Industries Limited is a Solar EPC (Engineering, Procurement, and Construction) company specializing in residential solar rooftops, industrial solar power plants, ground-mounted solar power plants, and solar street lights. Trom is engaged in the comprehensive development of diverse solar projects. For residential rooftop installations, Trom designs and implements solar systems tailored to individual homes. In the industrial sector, the company scales up its operations to design and construct larger solar power plants catering to industrial needs. Ground-mounted solar power plants involve the development of solar arrays on open land.


Additionally, the company extends its services to include the Supply and Installation of solar street lights for public and commercial areas. Their business encompasses engineering design, procurement of materials, on-site construction, project management, and adherence to regulatory standards across various sectors. Their solar applications contribute to the growth of sustainable energy solutions across residential, industrial, public domains, and government sectors. Also, their business operations encompass the extensive trading and distribution of a diverse range of products, including solar panels, inverters, and an array of materials intricately connected to the establishment and functioning of solar power plants. Furthermore, they were also engaged in the trading of all types of footwear on a very small scale during the stub period. They are actively engaged in developing green hydrogen projects as a pivotal aspect of their future business endeavors. Their warehouse is located at Gandhinagar, Gujarat, India.


Objects of the Issue:

  • Funding of capital expenditure requirements of the Company towards set up of Solar Power Plant;
  • To meet the working capital requirements; and
  • General corporate purposes.

Trom Industries IPO Review

  • To be updated soon

Trom Industries IPO Date & Price Band Details

IPO Open:July 25, 2024
IPO Close:July 29, 2024
IPO Size:Approx ₹31.37 Crores, 2,727,600 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹100 to ₹115 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:35% of the net offer
QIB Quota:50% of the net offer
NII Quota:15% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors in IPO:Click Here

Trom Industries IPO Market Lot

The Trom Industries IPO minimum market lot is 1200 shares with a ₹138,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum11200₹138,000
Retail Maximum11200₹138,000
S-HNI Minimum22400₹276,000

Trom Industries IPO Dates

The Trom Industries IPO date is July 25 and the IPO close date is July 29. The IPO allotment date is July 30 and the IPO might list on August 1.

IPO Open Date:July 25, 2024
IPO Close Date:July 29, 2024
Basis of Allotment:July 30, 2024
Refunds:July 31, 2024
Credit to Demat Account:July 31, 2024
IPO Listing Date:August 1, 2024

You can check IPO subscription status and IPO allotment status on their respective pages.

Trom Industries IPO Form

How to apply Trom Industries IPO? You can apply Trom Industries IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Trom Industries IPO in the Invest section. The other option you can apply Trom Industries IPO via IPO forms download via the NSE website. Check out the Trom Industries forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.


Trom Industries Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2022₹30.57₹30.08₹0.36
2023₹24.14₹23.74₹0.29
2024₹54.55₹46.89₹5.73

Trom Industries IPO Valuation – FY2024

Check Trom Industries IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹8.88 per Equity Share
Price/Earning P/E Ratio:NA
Return on Net Worth (RoNW):77.82%
Net Asset Value (NAV):₹18.90 per Equity Share

Peer Group

  • Alpex Solar Limited
  • Australian Premium Solar India Limited
  • Solex Energy Limited

Company Promoters

  • Jignesh Patel
  • Pankaj Pawar

Trom Industries IPO Registrar

Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/

Trom Industries IPO Allotment Status

Check Trom Industries IPO allotment status on Kfin Tech website URL. Click Here

Trom Industries IPO Lead Managers aka Merchant Bankers

  • Expert Global Consultants Private Limited

Company Address

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 FAQs


What is Trom Industries IPO?

Trom Industries IPO is an NSE SME IPO. They are going to raise ₹31.37 Crores via IPO. The issue is priced at ₹100 to ₹115 per equity share. The IPO is to be listed on NSE.

When Trom Industries IPO will open?

The IPO is to open on July 25, 2024 for QIB, NII, and Retail Investors.

What is Trom Industries IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Trom Industries IPO?

You can apply Trom Industries IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Trom Industries IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Trom Industries”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Trom Industries IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Trom Industries”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Trom Industries IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Trom Industries”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Trom Industries IPO Size?

Trom Industries IPO size is ₹31.37 crores.

What is Trom Industries IPO Price Band?

Trom Industries IPO Price Band is ₹100 to ₹115 per equity share.

What is Trom Industries IPO Minimum and Maximum Lot Size?

The IPO bid is 1200 shares with ₹138,000.

What is Trom Industries IPO Allotment Date?

Trom Industries IPO allotment date is July 30, 2024.

What is Trom Industries IPO Listing Date?

Trom Industries IPO listing date is August 1, 2024. The IPO to list on NSE SME.

Note: The Trom Industries IPO details are announced officially. The IPO grey market premium (Trom Industries IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.

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