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Trom Industries Limited IPO Date, Price, Review and Details

 

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Trom Industries Limited IPO

July 25, 2024 - July 29, 2024 Closed

­­Trom Industries Limited IPO

Trom Industries Limited engaged in Solar EPC (Engineering, Procurement, and Construction) company that focuses on installing solar panels for homes, businesses, ground-mounted solar power systems, and solar streetlights. Trom handles all aspects of various solar projects from start to finish. For home rooftop installations, Trom customizes and installs solar systems to fit the needs of each individual house.  They work in multiple states, so they follow the laws set by those state governments. These laws include the Shops and Establishment Act, fire safety regulations, and other local licenses. Additionally, we need various approvals from local authorities like municipal bodies.

Company Promoters:

  • Jignesh Patel
  • Pankaj Pawar

Objects of this Issue:

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

Financial Information of the Company:

 Particular

Amount in Lakhs (Rs.)

As on 31 March 2024

As on 30 March 2023

As on 31 Mar 2022

Total Assets

2,919.93

2,155.35

1,854.32

Total Liabilities

1,697.36

1,905.43

1,633.2

Net Profit

572.93

28.86

35.98

Trom Industries Limited IPO Schedule

1.     Bid or Offer Opens on: 25 July 2024

2.     Bid or Offer Closes on: 29 July 2024
3.     Finalization of BoA: 30 July 2024
4.     Initiation of Refunds: 31 July 2024
5.     Credit of shares to Demat account: 31 July 2024
6.     Listing Date: 01 August 2024

Trom Industries Limited IPO Lot Size

The market lot size of Trom Industries Limited IPO is 2,400 shares. The minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

  1200

₹138,000

Maximum

1

  1200

₹138,000

S-HNI(Minimum)

2

  2,400

₹276,000

Company Contact Details:

4th Floor, 421, Pramukh Tangent,

NR. Sargasan Cross Road,

Gandhinagar - 382421, Gujarat,

India

Phone: +91-79 2965 6678

Email: info@tromindustries.com

Website: www.manglaminfra.com

 

Trom Industries Limited IPO Registrar Details:

Kfin Technologies Limited

Selenium Tower-B, Plot No. 31 & 32, Gachibowli,

Financial District, Nanakramguda, Serilingampally,

Hyderabad – 500032, Telangana

Telephone:  1800 309 4001

Email: trom.ipo@kfintech.com

Website:  www.kfintech.com


Frequently Asked Question

You will receive on Trom Industries Limited IPO shares in your Demat account on July 30, 2024, if allotted.
Trom Industries Limited IPO Products share price ₹100 to ₹115 per share.
Closing date of Trom Industries Limited IPO is July 29, 2024.
Post-issue shareholding of the Trom Industries Limited IPO promoter is 69.52%.
The face value of Trom Industries Limited IPO is ₹10 per share.
The lead managers for Trom Industries Limited IPO will be mentioned in the red herring prospectus and official notifications.
Pre-issue shareholding of the Trom Industries Limited IPO promoter is 98.84%.
For detailed financial information, including revenue, profit, and other financial metrics, please refer to the red herring prospectus and the company's official announcements.
Trom Industries Limited IPO shares will get listed on August 01, 2024.
Opening date of Trom Industries Limited IPO is July 25, 2024.
Lot size of the Trom Industries Limited IPO is 1200 shares.
The meaning of " Trom Industries Limited IPO " is the Grey Market Premium (GMP) for the initial public offering (IPO) of Trom Industries Limited IPO on the current day.
Trom Industries Limited IPO share price Shares will be listed at NSE SME.
Trom Industries Limited is a diversified company involved in manufacturing and supplying various industrial products, including Low Relaxation Pre-stressed Concrete (LRPC) Strands and Steel Wires, Post-tensioning (PT) Anchorage System, HDPE Single Wall Corrugated (SWC) Sheathing Ducts, Couplers, and Aluminium Conductors
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in quest laboratories private limited using any neatest method at your convenience.
If you do not get the allotment of on Trom Industries Limited IPO, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
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