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Trom Industries Limited

Trom Industries Limited

listed
₹1.32LMin. investment

Trom Industries Limited IPO Details

Price range₹110 – ₹115
IPO type
SME
Lot size1200 shares
Issue size₹31.37Cr
RHP/DRHP
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Trom Industries Limited Timeline

  1. Bid start
    25 Jul 2024
  2. Bid end
    29 Jul 2024
  3. Allotment
    27 Jul 2024
  4. Release of funds
    31 Jul 2024
  5. Demat transfer
    30 Jul 2024
  6. Listing
    1 Aug 2024

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

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Trom Industries Limited Contact Details

Company NameTrom Industries Limited

How to apply for Trom Industries Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

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