Trom Industries Limited IPO
Trom Industries Limited was a SME IPO in the Heavy Electrical Equipment sector, offered at ₹110–₹115 per share to raise ₹31 crore. It listed on 1 Aug 2024 at ₹218 and closed its first day at ₹229, a listing gain of +99.5% versus the ₹115 issue price. It now trades around ₹54 (-53.5% versus the issue price).
Frequently asked questions
- What were the Trom Industries Limited IPO listing gains?
- Trom Industries Limited listed on 1 Aug 2024 at ₹218, closing its first day at ₹229 — a listing gain of +99.5% versus the ₹115 issue price.
- What was the price band and lot size of the Trom Industries Limited IPO?
- The price band was ₹110–₹115 per share, with a minimum lot of 1,200 shares (₹1,38,000 at the upper band).
- Who were the registrar and lead manager for the Trom Industries Limited IPO?
- Kfin Technologies Limited was the registrar, and Expert Global Consultants was the book-running lead manager.