As of July 24, 2024, Trom Industries IPO has a ₹111 as Grey Market Premium, with a price range of ₹100 to ₹115 per share. Offering lots of 1200 shares, the subscription window is open from July 25 to July 29, 2024.
Trom IndustriesLimited IPO GMP Today
The Grey Market Premium (GMP) for Trom Industries Limited is ₹111 as of July 24, 2024. This assessment coincides with a price of ₹100 to ₹115 per share for the IPO.
Trom Industries Limited IPO Review
Trom Industries Limited has shown fluctuating financial performance with revenues dropping in 2023 but recovering strongly in 2024 to ₹5,434.88 lakhs. The company’s profitability and EPS have markedly improved, reflecting increased investor confidence, although debt reliance has also grown alongside equity.
While Trom Industries’ total assets increased, suggesting business expansion, liquidity challenges might arise due to a higher current ratio. Additionally, a decrease in the inventory turnover ratio could indicate slower sales or less efficient inventory management, warranting attention.
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Trom Industries Limited IPO Date
Trom Industries Limited will start accepting subscriptions from July 25, 2024, to July 29, 2024.
Trom Industries Limited IPO Price
Trom Industries Limited’s price range is ₹100 to ₹115 per share with a face value of ₹10 each.
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Trom Industries Limited
Trom Industries Limited, an ISO-certified Solar EPC company, focuses on designing and implementing residential, industrial, and public solar projects, including rooftops and ground-mounted arrays. It trades solar panels and inverters, and also develops green hydrogen projects. Additionally, the company trades footwear on a small scale, operating from a warehouse in Gandhinagar, Gujarat.
How To Apply For Trom Industries Ltd IPO?
To apply for the Trom Industries IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Trom Industries on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Trom Industries IPO at Alice Blue in just a few clicks!