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| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹31.37 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹31.37 Cr |
| Fresh Issue | ₹29.79 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹100.00-115.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | TROM |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | Expert Global Consultants Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,200 shares and in multiples thereof
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:
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure requirements of the Company towards set up of Solar Power Plant; | 4.50 |
| 2 | To meet the working capital requirements; and | 16.53 |
| 3 | General corporate purposes | 7.84 |
| Total | 28.87 |
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 29.20 | 21.55 | 18.54 |
| Total Income | 54.55 | 24.14 | 30.57 |
| Profit After Tax | 5.73 | 0.29 | 0.36 |
| NET Worth | 12.23 | 2.50 | 2.21 |
| Reserves and Surplus | 5.76 | 2.49 | 2.20 |
| Total Borrowing | 5.74 | 4.93 | 0.86 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 77.82% |
| ROCE | 47.11% |
| Debt / Equity | 0.47% |
| RoNW | 77.82% |
| PAT Margin | 10.54% |
| Price to Book Value | 6.08 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 8.86 | 6.23 |
| P/E (x) | 12.98 | 18.46 |
| Promoter Holding | 98.84% | 69.52% |
| Market Cap | ₹105.74 Cr. | |
