31 Mar 2022
Assets18.54
Total Income30.57
Profit After Tax0.36
NET Worth2.21
Reserves and Surplus2.20
Total Borrowing0.86
At a glance
Updated 2026-08-24The shares listed at ₹218.50, a 90.00% move from the issue price. Trom Industries is a SME IPO with an issue size of ₹31.37 crore, proposed for listing on NSE SME. The offer opens on 25th Jul 2024 and closes on 29th Jul 2024. The issue structure includes a fresh issue of ₹29.79 crore. The current listing schedule points to 1st Aug 2024.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹31.37 Cr
Fresh issue₹29.79 Cr
Face value₹10
Price band₹100.00–₹115.00
Allotment30th Jul 2024
Listing1st Aug 2024
Listing performance
Full performance ↗Issue price₹115.00
Listing price₹218.50
Current price—
Listing gain90.00%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹154.00
GMP / upper price133.91%
Est. listing₹269.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens25th Jul 2024
Closes29th Jul 2024
Allotment30th Jul 2024
Refund31st Jul 2024
Demat31st Jul 2024
Listing1st Aug 2024
Subscription demand
Full bidding ↗Total459.00×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1200 | ₹138,000 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding of capital expenditure requirements of the Company towards set up of Solar Power Plant; | ₹4.50 Cr |
| To meet the working capital requirements; and | ₹16.53 Cr |
| General corporate purposes | ₹7.84 Cr |
| Total | ₹28.87 Cr |
Financials
Full financials ↗31 Mar 2023
Assets21.55
Total Income24.14
Profit After Tax0.29
NET Worth2.50
Reserves and Surplus2.49
Total Borrowing4.93
31 Mar 2024
Assets29.20
Total Income54.55
Profit After Tax5.73
NET Worth12.23
Reserves and Surplus5.76
Total Borrowing5.74
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 77.82% |
| ROCE | 47.11% |
| Debt / Equity | 0.47% |
| RoNW | 77.82% |
| PAT Margin | 10.54% |
| Price to Book Value | 6.08 |
Valuation & shareholding
Pre-IPO EPS8.86
Post-IPO EPS6.23
Pre-IPO P/E12.98
Post-IPO P/E18.46
Promoter holding pre98.84%
Promoter holding post69.52%
Market cap₹105.74 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Issue relating expenses such as fees to Book Running Lead Manager Fixed Fee, Registrar to the Issue, Legal Advisors, Auditors, statutory advertisements and other expenses incurred / to be incurred including promotional expenses | ₹1.10 Cr |
| Underwriting commission, brokerage and selling commission (including Commission/ processing fees for SCSBs, Sponsor Bank, Members of the Syndicate, Registered Brokers, RTAs and CDPs | ₹1.07 Cr |
| Listing fees, Stock Exchange processing/ listing fees, software fees, Depositories’ fees, other regulatory expenses and sundry expenses | ₹0.33 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- Expert Global Consultants Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.