Price band
₹ 110 to 115 per equity share
Opens On: 25 July 2024
Closes On: 29 July 2024
₹ 110 to 115 per equity share
1200 shares and in multiples thereof
Issue size | 31.37 |
Price band | ₹ 110 to 115 per equity share |
Bid lot | 1200 shares and in multiples thereof |
Issue break-up | QIB - Rs. 5.96 Cr |
HNI - Rs. 4.47 Cr | |
RET - Rs. 10.43 Cr | |
Registrar | KFin Technologies Ltd. |
Listing at | NSE |
Trom Industries Limited is a Solar EPC (Engineering, Procurement, and Construction) company specializing in residential solar rooftop, 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, their Company scales up their operations to design and construct larger solar power plants catering to industrial needs. Groundmounted solar power plants involve the development of solar arrays on open land.
The company extends their 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 sector. 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.
They were also engaged in the trading of all types of footwear to a very small scale during the period. They are actively engaged in the development of green hydrogen projects as a pivotal aspect of their future business endeavors. Their warehouse is located at Plot No. B/53-A, G.I.D.C Electronics Estate, Sector No. 25, Gandhinagar-382024, Gujarat, India.
Note: The actual amount will be debited when the shares are allotted to you.
Note: The actual amount will be debited when the shares are allotted to you.
An IPO offers share market participants like you and me an opportunity to be a shareholder in an erstwhile privately held company that is now going public and being listed on the market. Historically speaking, investors who choose the right IPOs make significant returns on their investments, which increases the attraction of IPOs.
Once you are a shareholder, you are eligible to receive dividends from the company proportional to the shares you own. You can also sell your stocks for profit on the stock exchange.
In exchange for its shares, the company has an opportunity to raise huge capital to be used to further enhance its business and scale up its operations. The company also has other benefits, such as credibility; visibility; better leverage to effect mergers, acquisitions and even to procure loans at lower rates of interest.
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