Trom Industries Limited IPO GMP

Trom Industries Limited stands as a beacon of passion in their commitment to harnessing the boundless energy of the sun, illuminating homes and businesses across the expanse of India.

Trom Industries IPO, a Book Built issue amounting to ₹31.36 crores, consisting entirely a Fresh Issue of 27.27 lakh Shares. The subscription period for the Trom Industries IPO opens on July 25, 2024, and closes on July 29, 2024. The allotment is expected to be finalized on or about Tuesday, July 30, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Thursday, August 1, 2024.

The Share price band of Trom Industries IPO is set at ₹110 to ₹115 equity per share, with a minimum lot size of 1,200 shares. Retail investors are required to invest a minimum of ₹138,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (2,400 shares), amounting to ₹276,000.

Expert Global Consultants Private Limited is the book-running lead manager, KFin Technologies Limited is the registrar for the Issue. Sunflower Broking Private Limited is the sole Market Marker for the Trom Industries IPO.

Trom Industries Limited IPO GMP Today
The Grey Market Premium of Trom Industries Limited IPO is expected in the range of ₹100 to ₹103 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Trom Industries Limited IPO Live Subscription Status Today
As of 07:49 PM on 26 July 2024, the Esprit Stones Limited IPO live subscription status shows that the IPO subscribed 32.40 times on day 1 . Check the Esprit Stones Limited IPO Live Subscription Status Today at NSE.

Trom Industries Limited IPO Allotment Status
Trom Industries IPO allotment date is 30 July, 2024, Tuesday. Trom Industries IPO Allotment will be out on 30th July 2024 and will be live on Registrar Website from the allotment date. Check Trom Industries Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Trom Industries Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Trom Industries Limited IPO
Trom Industries Issue Proceeds from the Fresh Issue will be utilized towards the following objects :
1. ₹1,800.28 Lakhs is required for Funding of capital expenditure of their Company towards set up of Solar Power Plant; 
2. ₹1,652.56 Lakhs is required to meet the working capital requirements; and 
3. General corporate purposes.

Refer to Trom Industries Limited RHP for more details about the Company.