Trom Industries Logo

Trom Industries Limited

TROM

110-115

per share
Bidding Dates
25-29 Jul
Min. Investment
₹1,32,000.00
Lot Size
1200 shares
Issue Size
₹31.37 Cr
IPO Timeline
Bidding starts
25 Jul ‘24
Bidding ends
29 Jul ‘24
Allotment finalisation*
30 Jul ‘24
Refund initiation*
31 Jul ‘24
Demat transfer
31 Jul ‘24
Listing
01 Aug ‘24
* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About Trom Industries Limited

Founded in 2011, Trom Industries Limited specializes in the full spectrum of Solar EPC (Engineering, Procurement, and Construction) services, positioning itself as a leading player in the renewable energy sector. Based in Gandhinagar, Gujarat, India, the company excels in designing, procuring, and constructing solar power solutions tailored to diverse needs. From residential rooftop installations to large-scale industrial and ground-mounted solar power plants, They ensure comprehensive project development across various sectors.

In the residential domain, the company designs and implements customized solar systems for homes, promoting sustainable energy solutions at an individual level. For industrial clients, they scale up its operations to deliver robust solar power plants that cater to larger energy demands, emphasizing efficiency and reliability. Ground-mounted solar projects further showcase the company's capability in utilizing open land for maximizing solar energy production.

Beyond installations, Trom Industries extends its expertise to supply and install solar street lights, enhancing public and commercial spaces with sustainable lighting solutions. Committed to quality and compliance with regulatory standards. They manage the entire project lifecycle, from engineering design and procurement to on-site construction and project management. Additionally, they engage in the trading and distribution of essential solar components like panels and inverters, further bolstering its role in advancing green energy initiatives.

Trom Industries is actively pursuing green hydrogen projects as part of its strategic growth initiatives, aligning with global trends towards sustainable energy solutions. Positioned strategically in Gandhinagar, they continue to innovate and expand its footprint in the renewable energy sector, driving towards a greener and more sustainable future.

As Trom Industries prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives:

    1. Funding of capital expenditure requirements of the company towards set up of Solar Power Plant.
    2. To meet the working capital requirements.
    3. General corporate purposes. 

 

IPO analysis

Registrar information
Name
Kfin Technologies Limited
Phone number
+91 40 67162222
Email ID
trom.ipo@kfintech.com
Red herring prospectus
View documents submitted by company in filing to understand more details about them.

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