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Trom Industries Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Trom Industries Ltd IPO

Registered Office: 4th Floor 421 Pramukh Tangent,Nr. Sargasan Cross Road , Gandhinagar - 382421 , Gujarat , India.
Phone : +91-079-2965 6678   Fax:
Email :  info@tromindustries.com  
Website :  www.tromindustries.com
Public issue of upto 27,27,600 equity shares of face value of (Rs)10/- each of Trom Indstries Limited ("TIL" or the "Company" or the "Issuer") for cash at a price of (Rs)115 per equity share including a share premium of (Rs)105/- per equity share (the "Issue Price") aggregating to (Rs)31.37 crores ("The Issue"), of which 1,36,800 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)115/- per equity share including a share premium of (Rs)105/- per equity share aggregating to (Rs)1.57 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of 25,90,800 equity shares of face value of (Rs)10/- each at a price of (Rs)115/- per equity share including a share premium of (Rs)105/- per equity share aggregating to (Rs)29.80 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 29.66% and 28.18%, respectively, of the post issue paid up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
25-Jul-24 29-Jul-24 (Rs)115.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :1200

  (Rs Cr) Lead Managers to the Issue
Project Cost 28.87
Expert Global Consultants Pvt Ltd
Project Financed through Current Offer 31.37  
Post Issue Equity Share Capital 9.19  
Issue Price (Rs)115.00  
 
Projects
Funding of capital expenditure requirements of the company towards set up of Solar Power PlabtGeneral Corporate Purposes
Working Capital Requirements
Promoted By
Jignesh Patel  
Pankaj Pawar  
Listing At
NSE - SME 
Registrar to the Issue
KFin Techologies Ltd