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TROMSME / NSEListed
Trom Industries

Founded in 2011, Trom Industries Limited is a leading solar EPC (Engineering, Procurement, and Construction) company offering end-to-end solutions across residential, industrial, and ground-mounted solar power segments. The company specializes in customized solar rooftop systems, large-scale industrial solar plants, ground-mounted solar projects, and solar street lighting. Its extensive product range includes solar street lights, off-grid solar systems, solar freezers, solar home lights, solar water purifiers, solar water pumps, as well as AC LED street and flood lights. Trom Industries also undertakes supply, installation, and maintenance of these systems, catering to both public and commercial sectors. As of March 01, 2024, the company employed 31 professionals, including directors and key management personnel, dedicated to advancing clean energy and promoting sustainable power solutions.

₹100 - ₹115440.01x sub
Listed Price₹218.50
Listing Gain+90.00%

IPO Schedule & Timeline

Bookbuilding IPO
Open25 Jul 2024
Close29 Jul 2024
Allotment30 Jul 2024
Listing01 Aug 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail9,07,200 shares
33.26%
Nii (hni)3,88,800 shares
33.26%
Anchor7,76,400 shares
33.26%
QIB5,18,400 shares
19.01%
Market Maker1,36,800 shares
5.02%

Minimum Application Lots

Retail1 Lot (1,200 shares)
₹1,38,000
HNI2 Lots (2,400 shares)
₹2,76,000

Company Promoters

Jignesh PatelPankaj Pawar

Company Background

Founded in 2011, Trom Industries Limited is a leading solar EPC (Engineering, Procurement, and Construction) company offering end-to-end solutions across residential, industrial, and ground-mounted solar power segments. The company specializes in customized solar rooftop systems, large-scale industrial solar plants, ground-mounted solar projects, and solar s...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-24)₹5454.68 Cr
Growth+78.5%
Revenue Trend (₹ in Crores)
0.02.1k4.2k6.3kMar-22Mar-23Mar-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-245,454.68572.932,919.93573.71
Mar-232,413.8028.862,155.35492.82
Mar-223,056.5535.981,854.3285.66

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-248.880%45.80%12.9818.46
Mar-231.150%46.16%00
Mar-221.440%-6.41%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
30 Jul 2024
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
01 Aug 2024

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Trom Industries. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization30 Jul 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date01 Aug 2024Trading commences on exchange

How to Check Trom Industries Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Trom Industries from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Trom Industries IPO

Complete issue overview for Trom Industries (TROM) IPO. The issue features an equity share price band of ₹100 – ₹115 per share with a minimum retail lot size of 1200 Shares (minimum application amount of ₹1,38,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions