Trom Industries Limited

IPO Details

Trom Industries IPO is open for subscription starting Thursday, July 25, 2024, and closing on Monday, July 29, 2024. The price of this upcoming IPO is set at Rs 96 per share.  The minimum lot size set for the retail category is 1200 shares. Meanwhile, the minimum lot size for the HNI category is 2 lots consisting of 2400 shares. The minimum investment required for retail category investors is Rs 1,38,000 (115 x 1200 shares). However, for the HNI category, the minimum investment amount required is Rs 2,76,000 (115 x 2400 shares).  Trom Industries IPO is a book-built issue of Rs 31.37 crores. This upcoming IPO is an entirely fresh issue of 6.02 lakh equity shares. The allotment for this new IPO is expected to be finalised on Tuesday, July 30, 2024.  Trom Industries IPO will be listed on NSE SME on Thursday, August 1, 2024. Expert Global Consultants Private Limited is the book-running lead manager, Kfin Technologies Limited is the registrar, and Sunflower Broking is the market maker for this IPO.