Issue Price
₹115
Per Share
GMP
NIL
Grey Market
Est. Listing
₹115
Expected Price
Min. Application
₹276,000
2 lots × 1200 shares
Founded in 2011, Trom Industries Limited is a solar EPC (Engineering, Procurement and Construction) company specializing in residential solar rooftop systems, industrial solar power plants, ground-mounted solar power plants, and solar street lights.Trom Industries' business segments include:Residential rooftop installations: The company designs and implements solar systems customized for individual homes.Installations for the industrial sector: The company plans and builds large-scale solar power plants for industrial needs.Ground-mounted solar power plants: This involves the development of ground-mounted solar collectors.Supply and installation of solar street lights for public and commercial areas.The company's product portfolio includes (1) solar products: Solar street lights, solar freezers, off-grid solar systems, solar home lights, solar water purifiers, and solar water pumps, and (2) AC LED lights: AC LED street lights and AC LED flood lights.As of March 01, 2024, the Company had 31 employees, including directors and key management personnel.
Trom Industries Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 136,800 | — | ₹1.57 Cr | — |
| TOTAL | 2,727,600 | 100.00% | ₹31.37 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹138,000 |
| Retail (Max) | 13 | 15,600 | ₹1,794,000 |
| sNII (Min) | 14 | 16,800 | ₹1,932,000 |
| bNII (Min) | 68 | 81,600 | ₹9,384,000 |
| Particulars | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 5454.68 | 2413.80 | 3056.55 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 572.93 | 28.86 | 35.98 |
| Net Worth | 1222.57 | 249.92 | 221.12 |
| Total Assets | 2919.93 | 2155.35 | 1854.32 |
| Reserves & Surplus | 575.84 | 248.92 | 248.92 |
| Total Borrowings | 573.71 | 492.82 | 85.66 |