The Trom Industries IPO Subscription Status started on July 25, 2024, and it is also being subscribed to by QIB, NII, and RII. The Trom Industries IPO opened on July 25, 2024, and closes on July 29, 2024. Trom Industries IPO is to raise ₹31.37 crores through its fresh Issue and the Trom Industries IPO price band is fixed at ₹100 to ₹115 per share. You can check Trom Industries IPO GMP here.
Trom Industries Limited is a Solar EPC (Engineering, Procurement, and Construction) company specializing in residential solar rooftops, industrial solar power plants, ground-mounted solar power plants, and solar street lights. Trom is engaged in the comprehensive development of diverse solar projects. Trom designs and implements solar systems tailored to individual homes.
Trom Industries IPO reserved shares in this IPO, 50% for QIB 15% for NII, and 35% for the retail category have been reserved. To know the Trom Industries IPO Subscription Status, you can see the below-day Subscription.
Trom Industries IPO Review :
👉 Trom Industries IPO Show Review ….👈
- ■ The company is a solar EPC company with a proven track records.
- ■ The company top line & bottom line posted strong growth
- ■ The PE ratio of the company is very attractive.
- ■ The company Issue price is fully priced based on the PE Ratio.
- ■ Based on FY24 earning the issue appears fully priced, Investors can bid the long-term investing.
Trom Industries IPO Subscription Status {Live Update} :
The total Trom Industries IPO Subscription Status subscribed 459.00x times so far, with QIB subscribed 197.07x and NII subscribed 751.90x times & RII 483.14x times on Day 3. (Closed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 0.50x | 0.52x | 197.07x |
| NII : | 16.66x | 34.79x | 751.90x |
| RII : | 20.44x | 55.53x | 483.14x |
| Total : | 13.93x | 35.37x | 459.00x |
Trom Industries IPO Shares Offer :
| Category | Reservation | Shares | Amount (₹ Cr) |
| Anchor : | 28.46% | 776,400 | 8.93 |
| QIB : | 19.00% | 518,400 | 5.96 |
| NII : | 14.25% | 388,800 | 4.47 |
| RII : | 33.26% | 907,200 | 10.43 |
| MMRP : | 5.02% | 136,800 | 1.57 |
| Total : | 100% | 27,27,600 | 31.37 |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
Trom Industries IPO Subscription Status FAQs :
How much was the total Trom Industries IPO Subscription Status?
The total Trom Industries IPO Subscription Status is 459.00x times Day 3.
How much is the Trom Industries IPO retail subscription Status?
Trom Industries IPO Retail Subscription 483.14x times Day 3.
How much is the Trom Industries IPO QIB subscription Status?
The Trom Industries IPO QIB subscription is 197.07x times Day 3.
How much did Trom Industries IPO NII subscribe?
Trom Industries IPO NII Subscription 751.90x times Day 3.
When is Trom Industries IPO Allotment Date?
Trom Industries IPO allotment date is July 30, 2024.
When is Trom Industries IPO Listing Date?
Trom Industries IPO listing date is August 01, 2024. The IPO is to be listed on NSE, SME.
| Trom Industries IPO GMP: Click Here Trom Industries IPO Details: Click Here Trom Industries IPO Allotment: Click Here Trom Industries IPO Listing: Click Here |
All Trom Industries IPO-related links are available here. If you want to know the details click Here.
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