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Trom Industries Limited logo

Trom Industries Limited IPO

SME IPOListedTROMNSE
Current Market Price (CMP)
₹54.95(-52.22%)
Current Price (CMP)
₹54.95(-52.22%)

Live Market Quote

Listing Price & Gain
₹218.50(+90.00%)

Day 1 Exchange Open

IPO Issue Price
₹115

Band: ₹110 - ₹115

Total Subscription
430.31x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
25 Jul 2024
IPO Bidding Closes
29 Jul 2024
Allotment & Refunds
Completed
Exchange Listing Day
01 Aug 2024

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 430.31x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)0x
Non-Institutional Investors (NII / HNI)0x
Retail Individual Investors (RII)0x
Total Subscription430.31x
Updated as on 29-Jul-2024 19:00:00

Listing Day & Return Performance

Listing Day Gain+90.00%
₹115 (Issue) → ₹218.50 (List)
Per share profit: +₹103.50
Holding Return (Till Date)-52.22%
₹115 (Issue) → ₹54.95 (CMP)
Net gain per share: ₹-60.05
Post-Listing Performance (Listing Day → Today):-74.85%

About Trom Industries Limited IPO

Trom Industries Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 25 Jul 2024 and concluded on 29 Jul 2024, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹110 - ₹115.

During the bidding window, Trom Industries Limited witnessed heavy demand with an overall subscription of 430.31 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of Trom Industries Limited officially debuted on the stock exchanges on 01 Aug 2024 at an opening listing price of ₹218.50, delivering a listing day return of +90.00% (premium) over the final issue price. As per the latest market data, the stock trades at ₹54.95, representing an overall decline of -52.22% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Trom Industries Limited IPO?
The issue price of Trom Industries Limited IPO was fixed at ₹115 per equity share. The indicative bidding price band was ₹110 - ₹115.
What were the open, close, and listing dates for Trom Industries Limited IPO?
Trom Industries Limited IPO opened on 25 Jul 2024, closed on 29 Jul 2024, listed on 01 Aug 2024.
How much was Trom Industries Limited IPO subscribed?
The IPO received an overall subscription of 430.31 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Trom Industries Limited IPO?
Trom Industries Limited IPO listed on the stock exchange at ₹218.50, delivering a listing gain of 90.00% compared to the IPO issue price of ₹115.
Is Trom Industries Limited IPO a Mainboard or SME IPO?
Trom Industries Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Trom Industries Limited IPO since its IPO?
At the latest market quote of ₹54.95, Trom Industries Limited IPO has generated an all-time return of -52.22% since its initial public offering.

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