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Trom Industries IPO Surges with 32.40x Subscription on Day 2

Trom Industries IPO sees strong Day 2 demand with a 32.40x subscription, showing high investor interest and confidence in the company's industry position and future prospects.
Trom Industries IPO Surges with 32.40x Subscription on Day 2

Trom Industries IPO witnessed robust demand on Day 2, achieving a subscription rate of 32.40 times. This strong subscription underscores high investor interest and confidence in the company’s future and its standing in the industry.

Trom Industries Limited IPO Subscription Status

Steps to check Trom Industries Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Trom Industries Limited IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Trom Industries IPO Allotment Status

The allotment date for the Trom Industries IPO is set for July 30, 2024, with shares priced at a range of ₹100 to ₹115  per share and a face value of ₹ 10. The offering consists of lots of 1200 shares, with bids accepted for these lots or their multiples.  

Trom Industries IPO Subscription Status

Trom Industries IPO on Day 1 was subscribed 12.64 times, showing a moderate but positive investor response. This suggests an initial confidence in the company’s capabilities and potential within the engineering and infrastructure sectors.

Trom Industries Limited IPO Listing Date 

Trom Industries IPO is expected to be listed on the NSE SME on August 1, 2024.

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