
Trom Industries Limited
listed
₹1.32LMin. investment
About Trom Industries Limited
Issue size
₹31.37Cr
IPO type
SME
Price range
₹110 – ₹115
Lot size
1200 shares
RHP/DRHP
Read
Price range₹110 – ₹115
IPO type
SME
Lot size1200 shares
Issue size₹31.37Cr
RHP/DRHP
Read
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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:
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Funding of capital expenditure requirements of the company towards set up of Solar Power Plant.
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To meet the working capital requirements.
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General corporate purposes.
Frequently asked questions
How to invest in the IPO?
Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.
What is the issue size of Trom Industries Limited ?
The issue size of the Trom Industries Limited is 31.37 Cr.
What is 'pre-apply' for Trom Industries Limited ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Trom Industries Limited shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Timeline
- Bidding starts25 Jul 2024
- Bidding ends29 Jul 2024
- Allotment finalisation27 Jul 2024
- Release of funds31 Jul 2024
- Demat transfer30 Jul 2024
- Listing1 Aug 2024