Trom industries IPO Subscription Status: Trom industries IPO 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).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
Trom industries IPO is an SME IPO and Listed on NSE SME. Trom industries IPO Price Band is Fixed at ₹115 Equity Share. Trom industries IPO Lot Size is 1200 Shares.
About Trom industries IPO :
- 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
Trom industries IPO Subscription Status, Rate bid times
Inv Category
Shares Reserved
No. of Shares bid for
No. of Times (Subscription)
Qualified Buyers (QIBs)
5,18,400
10,21,59,600
197.07
Non Institutional Buyers (NIIs)
3,88,800
29,23,36,800
751.90
Retail Individual Buyers (RIIs)
9,07,200
43,83,06,000
483.14
Anchor Investor
7,76,400
7,76,400
1
Total
18,14,400
83,28,02,400
459.02
Trom industries Subscription Status day-by-day-
Categories
25 July
26 July
29 July
QIB
0.50
0.52
197.07
NII
16.67
34.79
751.90
RII
20.45
55.53
483.14
Total
13.95
35.37
459.02
Trom industries Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).
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