Trom industries IPO Subscription Status, Rate

Trom industries IPO
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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).

Trom industries Review From MoneyMintIdea –

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