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Trom Industries Limited

Trom Industries Limited

smelisted
Registrar: Kfin Technologies Limited · Listing 2024-08-01
IPO Timeline
Today · 20 Oct 2026
Opens
25 Jul 2024
Closes
29 Jul 2024
Allotment
27 Jul 2024
Refund
31 Jul 2024
Demat
30 Jul 2024
Listing
01 Aug 2024
Price Band
₹110–115
GMP
₹0
0%
Lot Size
1200 Shares
Min ₹138,000
Subscription
0x
Issue Size
₹31.37 Cr
Open
2024-07-25
Close
2024-07-29
Listing
2024-08-01

About the company

## **About Trom Industries Limited** Founded in 2011, Trom Industries Limited specializes in the full spectrum of Solar EPC (Engineering, Procurement, and Construction) services, positioning itself as a leading player in the renewable energy sector. Based in Gandhinagar, Gujarat, India, the company excels in designing, procuring, and constructing solar power solutions tailored to diverse needs. From residential rooftop installations to large-scale industrial and ground-mounted solar power plants, They ensure comprehensive project development across various sectors. In the residential domain, the company designs and implements customized solar systems for homes, promoting sustainable energy solutions at an individual level. For industrial clients, they scale up its operations to deliver robust solar power plants that cater to larger energy demands, emphasizing efficiency and reliability. Ground-mounted solar projects further showcase the company's capability in utilizing open land for maximizing solar energy production. Beyond installations, Trom Industries extends its expertise to supply and install solar street lights, enhancing public and commercial spaces with sustainable lighting solutions. Committed to quality and compliance with regulatory standards. They manage the entire project lifecycle, from engineering design and procurement to on-site construction and project management. Additionally, they engage in the trading and distribution of essential solar components like panels and inverters, further bolstering its role in advancing green energy initiatives. Trom Industries is actively pursuing green hydrogen projects as part of its strategic growth initiatives, aligning with global trends towards sustainable energy solutions. Positioned strategically in Gandhinagar, they continue to innovate and expand its footprint in the renewable energy sector, driving towards a greener and more sustainable future. As Trom Industries prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives: 1. 1. Funding of capital expenditure requirements of the company towards set up of Solar Power Plant. 1. To meet the working capital requirements. 1. General corporate purposes. 1. 1. 1.

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 01 Aug 2024
      Listed 810 days ago
      1. IPO Opens

        Completed
        25 Jul 2024

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        29 Jul 2024

        Last day to place your bid

      3. Basis of Allotment

        Completed
        27 Jul 2024

        Share allotment finalised

      4. Refund Initiation

        Completed
        31 Jul 2024

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        30 Jul 2024

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        01 Aug 2024

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      1200 shares
      Price / Share (upper)
      ₹115
      Min Investment (1 lot)
      ₹138,000
      Price Band
      ₹110–115
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1200
      Min amount
      ₹138,000
      Max amount
      ₹138,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      2400
      Min amount
      ₹276,000
      Max amount
      ₹276,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹15.68 Cr
      Shares offered
      1,394,222
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹4.71 Cr
      Shares offered
      418,267
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹10.98 Cr
      Shares offered
      975,955
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).