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Open
25 Jul 2024
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Close
29 Jul 2024
3
Allotment
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Listing
Thu, Aug 1, 2024
Price Band
₹100 to ₹115
Issue Size
27,27,600 shares (agg. up to ₹31 Cr)
Lot Size
1,200 Shares
Listing Date
Thu, Aug 1, 2024
Latest GMP
₹154
Est. Gain
133.91%
✦ AI Insight
GMP Trend
01-08-2024₹154Est. ₹269+133.91%
31-07-2024₹154Est. ₹269+133.91%
30-07-2024₹148Est. ₹263+128.7%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 323.00x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 29.20 | 21.55 | 18.54 |
| Total Income | 54.55 | 24.14 | 30.57 |
| Profit After Tax | 5.73 | 0.29 | 0.36 |
| NET Worth | 12.23 | 2.50 | 2.21 |
| Reserves and Surplus | 5.76 | 2.49 | 2.20 |
| Total Borrowing | 5.74 | 4.93 | 0.86 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| KP Green Engineering Ltd. | SME | ₹189.50 Cr | ₹144 | 42.8 | ₹210.00 | +45.83% | ₹343.30 (-0.09%) |
| Kay Cee Energy & Infra Ltd. | SME | ₹15.93 Cr | ₹54 | 7.59 | ₹239.40 | +343.33% | ₹93.30 (-0.59%) |
| Exicom Tele-Systems Ltd. | Mainboard | ₹429.00 Cr | ₹142 | 217.63 | ₹224.95 | +58.42% | ₹161.51 (-2.53%) |
| Azad Engineering Ltd. | Mainboard | ₹740.00 Cr | ₹524 | 292.74 | ₹677.50 | +29.29% | ₹2,329.70 (-3.10%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure requirements of the Company towards set up of Solar Power Plant; | 4.50 |
| 2 | To meet the working capital requirements; and | 16.53 |
| 3 | General corporate purposes | 7.84 |
| Total | 28.87 |
About Trom Industries IPO
Founded in 2011, 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. Trom Industries' business segments include: Residential rooftop installations: The company designs and implements solar systems customized for individual homes. Installations for the industrial sector: The company plans and builds large-scale solar power plants for industrial needs. Ground-mounted solar power plants: This involves the development of ground-mounted solar collectors. Supply and installation of solar street lights for public and commercial areas. The company's product portfolio includes (1) solar products: Solar street lights, solar freezers, off-grid solar systems, solar home lights, solar water purifiers, and solar water pumps, and (2) AC LED lights: AC LED street lights and AC LED flood lights. As of March 01, 2024, the Company had 31 employees, including directors and key management personnel.+ Read More
Contact Details
Trom Industries Ltd. Address4th Floor, 421Pramukh TangentNR.Sargasan Cross RoadGandhinagar, Gujarat, 382421+91-079 29656678info@tromindustries.comVisit Website