Trom industries IPO Details, GMP Price, Date, Review

Trom industries IPO details Today : Trom industries IPO details Today is Open on 25 July 2024 and Close on 29 July 2024. Trom industries IPO to Raise 2,727,600 shares (Approx ₹31.37 Cr) via IPO. The Fresh issue of 2,727,600 shares (Approx ₹31.37 Cr). 

Trom Industries was originally August 08, 2011 Trom Industries Limited is a Solar EPC (Engineering, Procurement, and Construction) company specializing in residential solar rooftop, industrial solar power plants, ground-mounted solar power plants, and solar street lights. Trom is engaged in the comprehensive development of diverse solar projects.

For residential rooftop installations, Trom designs and implements solar systems tailored to individual homes. In the industrial sector, our Company scales up our operations to design and construct larger solar power plants Catering to industrial needs.

• Solar Grid Tied Roof Top System
• Solar Off Grid System
• Solar Street Light
• Solar Deep Freezer
• Solar Home Light
• Solar Water Purifier
• Solar Water Pumping
• AC LED Street Light
• AC LED Flood Light

Groundmounted solar power plants involve the development of solar arrays on open land. Additionally, our Company extends our services to include the Supply and Installation of solar street lights for public and commercial areas.

Our business encompasses engineering design, procurement of materials, on-site construction, project management, and adherence to regulatory standards across various sectors. Our solar applications contribute to the growth of sustainable energy solutions across residential, industrial, public domains and government sector. Also, our business operations encompass the extensive trading and distribution of a diverse range of products, including solar panels, inverters, and an array of materials intricately connected to the establishment and functioning of solar power plants. Furthermore, we were also engaged in the trading of all types of footwear to a very small scale during the stub period.

We are actively engaged in the development of green hydrogen projects as a pivotal aspect of our future business endeavors.

Residential solar rooftop :- Our rooftop on-grid solar power photovoltaic system seamlessly integrates photovoltaic technology with architectural design, harnessing solar radiation to generate electricity. Comprising PV modules, inverters, and BOS materials, our system features core components sourced from renowned brands with IEC, BIS and CE certifications. Utilizing building rooftops and curtain walls, our residential solar power systems optimize space without requiring additional land resources. By supplying electricity to both building loads and the grid, our systems manage electricity demand while generating power throughout the day.

Ground-mounted solar power plant : – Ground-Mounted Solar solutions for businesses and industries looking to reduce their carbon footprint and save on energy costs. Our Ground-Mounted Solar Solutions provide a reliable and sustainable source of energy that is easy to Solar Panel Installation and requires low maintenance. By switching to ground-mounted solar projects, businesses can significantly reduce their carbon footprint while contributing to a cleaner and greener environment.

Industrial solar power plant :- When it comes to businesses, investing in Commercial Solar Rooftop solutions guarantees return on investment by reducing your electricity bills. Trom Industries Limited have helped multiple industrial and commercial customers get access to the best commercial solar panels. Our solar powered billboards get impeccable return on investments (ROI) among other solar solutions. Solar plants are now an essential source of energy in corporate offices and solar panels for factories are used to reduce their grid energy consumption.

Solar Off Grid System :- Our Company’s hybrid solar power pack system is engineered to support high voltage load. It can charge battery banks by utilizing solar and grid power as required. With an integrated energy management system, our hybrid power pack ensures continuous operation of loads while maintaining optimal battery bank charging under various conditions. We offer personalized configuration options tailored to our client’s power requirements by recommending suitable grids with battery backup capabilities. Our high-power modules and customizable designs accommodate diverse scenarios.

Solar Street light :- Our solar street light incorporates non-contact control technology and an anti-recoil reverse function addressing the challenges of urban trunk road lighting while integrating it into the existing road lighting projects. Its design features gel or lithium batteries and a light pole engineered for wind resistance. Crafted from Class A rolled steel, the lights undergo hot-dip galvanization and spraying for durability. We offer all-in-one solar street light, which integrates light, panel, and battery into a single module, as well as the integrated solar street light and solar high mass options.

Solar Deep Freeze :-  Our Company offers a range of freezer and refrigerator units with capacities of up to 240 litres, ideal for remote solar power applications. Our refrigeration devices have a durable design which ensures a reliable and long service life. Featuring a 12- centimeter-thick polyurethane insulation layer, it minimizes thermal loss to optimize efficiency. Our refrigeration systems are outfitted with maintenance-free brushless DC compressors, capable of running directly on batteries and solar panels for sustainable operation.

Solar Home Light :-  Our solar home system includes LED indications, battery status monitoring, protective functions, an on-off switch, a mobile charging point, and a lithium ion battery paired with a solar panel for efficient charging. Utilizing micro controller based maximum power point tracking technology, our system maximizes charging to ensure performance.

Solar Water purifier :- Solar water purifiers utilizes sunlight to convert contaminated water into potable water. As the sunlight raises the temperature of the water, the water is vaporizes and leaves the contaminants behind.The water goes through condensation under the glass or plastic cover and drops of water collect in a pure water channel. The drops are then delivered into a clean bin from which we can then drink clean water. Our solar water purifier is cost efficient and environmentally friendly option to address the water issues in
remote areas.

Solar Water Pumping :- Our Company is engaged in providing our clients a range of solar water pumps. Solar water pump’s efficiency is three times higher than traditional pump system. The photovoltaic system is environmentally friendly and achieves zero emissions. Our product ranges from 1 HP to 5HP. Our pump has upper and lower water sensor. Low maintenance cost of our pump makes it a widely demanded product amongst our clients.

AC LED Street Lights : – Our Company offers a wide range of AC LED street lights which can be customized as per client requirement. These are installed on streets, office compounds and college campus.

AC LED Flood Light :- Our Company offers a LED Flood Light that does not have any traces of mercury as they are made from an aluminium cast. The front cover is made of toughened glass. Additionally, all fasteners are plated with nickel to avoid corrosion. Our lamps have higher cost efficiency in comparison to conventional lamps.

Our Business Strategies

1. Improve Domestic Presence – We intend to increase our domestic footprints with introduction of new products range and expansion of our business. Further we intend to enter new geographies in India.

2. Leveraging our market skills and relationship – The business of our Company is customer oriented and we always strive to maintain good relations with our distributors. Our Company provides follow-ups with customers which ensures that the customers are satisfied with the product.

3. Optimal Utilization of Resources –  Our Company constantly endeavours to improve our processes. We regularly analyse our existing process and to identify the bottlenecks areas and improve it.

4. Customer Satisfaction – Our Company’s marketing team approaches existing customers for their feedback and based on their feedback, we make changes to our products (if required).

Trom industries IPO Date & Price Band Details

Trom industries IPO Market Lot Details

Object of the Issue

1. Funding of capital expenditure requirements of our Company towards set up of Solar Power Plant.
2. To meet the working capital requirements.
3. General corporate purposes.

Trom industries IPO Allotment & Listings (Details)

Trom industries Financial Reports

Our Company Promoters

1. Jignesh Patel
2. Pankaj Pawar

Qualitative Factors

•  Wide Range of Products.
•  Strong relationship with customers and suppliers.
•  Experienced management team with industry expertise.

Trom industries IPO Comparison Listed Industry Peers Group

Comparison of Accounting Ratios with Listed Peer Group Companies

• Alpex Solar Limited.
• Australian Premium Solar India Limited.
• Solex Energy Limited.

Also Read: Manglam Infra & Engineering IPO details, Date, Price, GMP, Review

Trom Industries Company Contact Details

4th Floor, 421, Pramukh Tangent, NR. Sargasan Cross Road, Gandhinagar –
382421, Gujarat, India
Tel No: 079 29656678
Email:info@tromindustries.com
Website: www.tromindustries.com

Trom Industries Lead Manager

Expert Global Consultants Private Limited
Address:1511, RG Trade Tower Netaji Subhash Place,
Pitampura, New Delhi – 110 034, India
Tel No.:+91 11 4509 8234
Email: ipo@expertglobal.in
Website: www.expertglobal.in
Investor Grievance Email:compliance@expertglobal.in
Contact Person: Mr. Gaurav Jain

Trom Industries IPO Registrar

Kfin Technologies Limited
Address: Selenium Tower-B, Plot No. 31 & 32, Gachibowli, Financial District,
Nanakramguda, Serilingampally, Hyderabad – 500032, Telangana
Tel. Number: +91-40-67162222
Email Id: bil.ipo@kfintech.com
Investors Grievance Id: einward.ris@kfintech.com
Website: www.kfintech.com
Contact Person: Mr. M Murali Krishna