New Delhi: July 29, i.e. Monday is the last day to apply for the initial public offering (IPO) of Trom Industries Limited that opened for subscription on July 25. The company engaged in the business of Solar EPC (Engineering, Procurement, and Construction) company aims to raise about Rs 31.37 crore through this SME IPO.
Trom Industries IPO price band is fixed in the range of Rs 100 to Rs 115 per share. Retail investors are required to apply for a minimum lot size of 1200 shares for which the minimum amount of investment required is Rs 138,000. HNIs will have to apply for a minimum 2 lots amounting to Rs 276,000.
Trom Industries IPO has received tremendous interest from the market enthusiasts. The IPO has been subscribed 35.37 times by July 26, 2024 7:30 pm, as per Chittorgarh.com.
Trom IPO GMP Today
Trom IPO GMP is going very strong. The grey market premium stood at Rs 155 on July 29 morning, indicating that the shares could get listed at a price of Rs 270, up 137 per cent from its issue price of Rs 115, as per investorgain.com.
Trom Industries IPO is expected to be alloted on July 30, 2024, while the initiation of refunds would begin on July 31. Trom shares are likely to be credited to the successful candidates on 31st July, while August 1, 2024 is the tentative date for the listing.
Trom Industries IPO book running lead manager: Expert Global Consultants Private Limited, while Kfin Technologies Limited is the registrar for the issue. The market maker for Trom Industries IPO is Sunflower Broking.
Trom Industries Limited has been in existence for over 12 years. The company specialises in residential solar rooftop systems, industrial solar power plants, ground-mounted solar power plants, and solar street lights.
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Trom Industries Limited GMP is going very strong. The last date to apply for Trom IPO is July 29, 2024. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
