ListedSMETROM

Trom Industries Limited

Trom Industries Limited is an SME IPO raising ₹31 Cr at ₹110 – ₹115 a share. It listed on 1 Aug 2024 and trades at ₹55 today, −51.8% against its issue price of ₹115. The exchanges never published a subscription figure for it.

Get alerts on this company Company page Prospectus ↗

₹115

Issue price

₹55

Price now

−51.8%

Since issue price

1 Aug 2024

Listed on

Not publishedSubscription

The exchanges never published a subscription figure for this issue.

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹110 – ₹115

Cut-off price₹115

Issue size₹31 Cr

Shares per lot1200

Minimum application₹1,38,000

Minimum quantity1200

Face value₹10

Listing exchanges—

ISININE0SYV01018

Bidding hours10:00 – 17:00 IST

Bidding window25 Jul 2024 – 29 Jul 2024

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.