214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

Trom Industries IPO (Trom Industries Limited IPO) Detail

Trom Industries Limited is an Solar based company, located in Gandhinagar, Trom Industries Limited IPO size was 31.37 Cr. and was issued at 115.00 per share. The share of Trom Industries Limited were listed at 218.50 per share and are currently trading at 96.00 per share.

Type :
Sub Sector : Specializing In Residential Solar Rooftop Systems, Industrial Solar Power Plants
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
54.55 Cr.

PAT :
5.73 Cr.

Pricing Report

Issue Price :
115.00

Listing Price :
218.50

Current Market Price :
96.00

Issue Price vs CMP :
19 (16.52%)

listing Price vs CMP :
122.5 (56.06%)

Performance Report (CAGR* wise)

CAGR : -14.09
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Trom Industries

Company Information
Trom Industries Limited is a Solar EPC (Engineering, Procurement, and Construction) company specializing in residential solar rooftop systems, industrial solar power plants, ground-mounted solar power plants, and solar street lights. The company is involved in the comprehensive development of solar projects, designing and implementing tailored solar systems for individual homes in the residential sector, while scaling up operations to design and construct larger solar plants for industrial needs. Additionally, Trom develops ground-mounted solar power plants and supplies and installs solar street lights for public and commercial spaces. The company's operations span engineering design, procurement, construction, project management, and adherence to regulatory standards across various sectors. Trom's solar applications promote sustainable energy solutions in residential, industrial, public, and government sectors. The company also engages in trading
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Object of Issue
  • Funding of capital expenditure requirements of the Company towards set up of Solar Power Plant
  • To meet the working capital requirements
  • General corporate purposes

Trom Industries SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Aug, 2024
IPO Size :
31.37 Cr.
Market Cap :
105.74 Cr.   
IPO Subscription :
459.00 X     
PE Multiple :
18.46
Anchor Investors:
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Peer Companies Of This Sector

FAQs

Trom Industries operates in Solar and Specializing In Residential Solar Rooftop Systems, Industrial Solar Power Plants. The Issue is listed on NSE EMERGE in Aug, 2024. Trom Industries IPO size was 31.37 Cr. with Issue price of 115.00 .

Trom Industries IPO subscription was 459.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Trom Industries IPO listed at a listing price of 218.50 against the offer price of 115.00.

The current market price of Trom Industries is 96.00.

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